TBLL vs VTEC
Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF).
TBLL vs VTEC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TBLL
$2.50B
Winner
VTEC
$2.60B
Expense Ratio
TBLL
0.08%
Winner
VTEC
0.06%
Max Drawdown
Winner
TBLL
1.30%
VTEC
5.70%
Sharpe Ratio
TBLL
0.30
Winner
VTEC
0.89
5Y Beta
Winner
TBLL
-0.00
VTEC
0.04
5Y Dividends CAGR
TBLL
79.72%
VTEC
N/A
TBLL vs VTEC - Historical Returns
Returns include dividend reinvestment.
1M
TBLL
+0.26%
Winner
VTEC
+1.43%
3M
TBLL
+0.87%
Winner
VTEC
+1.69%
6M
Winner
TBLL
+1.68%
VTEC
+1.40%
1Y
TBLL
+3.86%
Winner
VTEC
+6.31%
5Y(CAGR)
TBLL
+3.39%
VTEC
N/A
10Y(CAGR)
TBLL
+2.38%
VTEC
N/A
Max(CAGR)
TBLL
+2.38%
Winner
VTEC
+2.78%
TBLL vs VTEC - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | TBLL | VTEC |
|---|---|---|
| 2026 | +1.56% | +1.23% |
| 2025 | +4.21% | +3.86% |
| 2024 | +5.11% | +1.42% |
| 2023 | +4.98% | N/A |
| 2022 | +1.12% | N/A |
| 2021 | -0.02% | N/A |
| 2020 | +0.87% | N/A |
| 2019 | +2.16% | N/A |
| 2018 | +1.83% | N/A |
| 2017 | +0.62% | N/A |
TBLL vs VTEC Drawdown Comparison
The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.
The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.
The current VTEC drawdown is -0.54%.
| Rank | TBLL | VTEC |
|---|---|---|
| #1 | -0.63% May 11, 2020 - Nov 9, 2022 | -4.50% Dec 2, 2024 - Sep 8, 2025 |
| #2 | -0.52% Mar 18, 2020 - May 11, 2020 | -2.85% Feb 27, 2026 - Mar 27, 2026 |
| #3 | -0.36% Sep 28, 2023 - Oct 20, 2023 | -2.43% Feb 1, 2024 - Aug 1, 2024 |
| #4 | -0.18% Dec 19, 2023 - Dec 21, 2023 | -2.13% Oct 1, 2024 - Dec 2, 2024 |
| #5 | -0.17% Apr 1, 2019 - Apr 4, 2019 | -0.79% Aug 6, 2024 - Sep 5, 2024 |
| #6 | -0.16% Sep 24, 2018 - Oct 22, 2018 | -0.47% Sep 17, 2025 - Oct 10, 2025 |
| #7 | -0.15% Dec 19, 2019 - Jan 23, 2020 | -0.44% Nov 26, 2025 - Dec 24, 2025 |
| #8 | -0.14% Mar 13, 2020 - Mar 18, 2020 | -0.42% Nov 11, 2025 - Nov 26, 2025 |
| #9 | -0.11% Dec 4, 2018 - Dec 7, 2018 | -0.34% Oct 29, 2025 - Nov 11, 2025 |
| #10 | -0.10% Nov 10, 2022 - Nov 14, 2022 | -0.31% Jan 14, 2026 - Jan 30, 2026 |
| #11 | -0.10% Nov 13, 2017 - Nov 28, 2017 | -0.16% Sep 27, 2024 - Oct 1, 2024 |
| #12 | -0.10% Aug 17, 2018 - Aug 22, 2018 | -0.12% Sep 10, 2024 - Sep 13, 2024 |
| #13 | -0.09% Nov 6, 2023 - Nov 9, 2023 | -0.11% Sep 17, 2024 - Sep 26, 2024 |
| #14 | -0.08% Dec 15, 2023 - Dec 19, 2023 | -0.10% Sep 8, 2025 - Sep 10, 2025 |
| #15 | -0.08% Jul 11, 2024 - Jul 15, 2024 | -0.09% Sep 11, 2025 - Sep 15, 2025 |
Correlation
Correlation between TBLL and VTEC is 0.82 which considered as a strong positive correlation - the stocks tend to move together.
0.82
-101
Dividend Comparison (2017 - 2026)
TBLL vs VTEC dividend yield comparison.
| Year | TBLL | VTEC |
|---|---|---|
| 2026 | 1.75% | 1.28% |
| 2025 | 4.08% | 3.13% |
| 2024 | 4.99% | 2.54% |
| 2023 | 4.63% | 0.00% |
| 2022 | 1.37% | 0.00% |
| 2021 | 0.03% | 0.00% |
| 2020 | 0.80% | 0.00% |
| 2019 | 2.08% | 0.00% |
| 2018 | 1.69% | 0.00% |
| 2017 | 0.71% | 0.00% |
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