VONG vs VTEB

Comparison between VANGUARD RUSSELL 1000 GROWTH INDEX FUND ETF SHARES (VONG, ETF) and VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES (VTEB, ETF).

5-Year PerformanceVONG has outperformed VTEB, delivering a return of +14.8% compared to +0.9%

VONG vs VTEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VONG(ETF)	VTEB(ETF)
Net Assets	$45B	$44B
Expense Ratio	0.06%	0.03%
Max Drawdown	33.16%	17.00%
Sharpe Ratio	1.65	0.80
5Y Beta	1.20	0.03
P/E Ratio	35.73	N/A
Forward P/E	26.98	N/A
5Y Dividends CAGR	7.86%	11.72%
5Y EPS CAGR	33.17%	N/A
Debt to Equity	25.76%	N/A
P/S Ratio	5.69	N/A
P/B Ratio	13.16	N/A

Net Assets

Winner

VONG

$45B

VTEB

$44B

Expense Ratio

VONG

0.06%

Winner

VTEB

0.03%

Max Drawdown

VONG

33.16%

Winner

VTEB

17.00%

Sharpe Ratio

Winner

VONG

1.65

VTEB

0.80

5Y Beta

VONG

1.20

Winner

VTEB

0.03

P/E Ratio

VONG

35.73

VTEB

N/A

Forward P/E

VONG

26.98

VTEB

N/A

5Y Dividends CAGR

VONG

7.86%

Winner

VTEB

11.72%

5Y EPS CAGR

VONG

33.17%

VTEB

N/A

Debt to Equity

VONG

25.76%

VTEB

N/A

P/S Ratio

VONG

5.69

VTEB

N/A

P/B Ratio

VONG

13.16

VTEB

N/A

VONG vs VTEB - Historical Returns

Returns include dividend reinvestment.

Period	VONG	VTEB
1 month	+11.53%	+0.52%
3 months	+7.34%	+0.03%
6 months	+5.08%	+1.49%
1 year	+32.38%	+6.27%
5 years(CAGR)	+14.78%	+0.88%
10 years(CAGR)	+18.55%	+2.09%
Max(CAGR)	+17.01%	+2.39%

Winner

VONG

+11.53%

VTEB

+0.52%

Winner

VONG

+7.34%

VTEB

+0.03%

Winner

VONG

+5.08%

VTEB

+1.49%

Winner

VONG

+32.38%

VTEB

+6.27%

5Y(CAGR)

Winner

VONG

+14.78%

VTEB

+0.88%

10Y(CAGR)

Winner

VONG

+18.55%

VTEB

+2.09%

Max(CAGR)

Winner

VONG

+17.01%

VTEB

+2.39%

VONG vs VTEB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	VONG	VTEB
2026	+4.86%	+0.90%
2025	+18.63%	+3.58%
2024	+35.23%	+1.63%
2023	+43.77%	+5.87%
2022	-29.70%	-7.95%
2021	+29.31%	+1.14%
2020	+36.41%	+5.08%
2019	+36.29%	+7.32%
2018	-2.43%	+1.20%
2017	+29.13%	+5.10%
2016	+8.90%	+0.06%
2015	+5.56%	+2.44%
2014	+13.84%	N/A
2013	+30.09%	N/A
2012	+13.55%	N/A
2011	+1.35%	N/A
2010	+13.43%	N/A

VONG vs VTEB Drawdown Comparison

The maximum drawdown for VONG was -32.72%, occurring on Oct 14, 2022. Recovery took 503 trading sessions.

The maximum drawdown for VTEB was -17.00%, occurring on Mar 19, 2020. Recovery took 100 trading sessions.

The current VTEB drawdown is -0.91%.

Rank	VONG	VTEB
#1	-32.72% Dec 27, 2021 - Dec 27, 2023	-17.00% Mar 9, 2020 - Jul 30, 2020
#2	-31.71% Feb 19, 2020 - Jun 8, 2020	-12.64% Jul 22, 2021 - Dec 4, 2024
#3	-23.27% Dec 16, 2024 - Jun 26, 2025	-5.82% Jul 5, 2016 - Aug 23, 2017
#4	-22.01% Oct 1, 2018 - Apr 12, 2019	-4.76% Dec 6, 2024 - Sep 11, 2025
#5	-18.00% Jul 7, 2011 - Feb 3, 2012	-2.71% Feb 27, 2026 - Mar 24, 2026
#6	-16.23% Oct 29, 2025 - May 7, 2026	-2.27% Dec 6, 2017 - Dec 7, 2018
#7	-13.80% Jul 20, 2015 - Jul 8, 2016	-2.04% Feb 10, 2021 - Jun 4, 2021
#8	-13.12% Jul 10, 2024 - Oct 14, 2024	-1.57% Aug 15, 2019 - Jan 3, 2020
#9	-11.34% Sep 2, 2020 - Dec 1, 2020	-1.40% Aug 10, 2020 - Nov 19, 2020
#10	-10.21% Apr 2, 2012 - Sep 6, 2012	-1.14% Sep 8, 2017 - Dec 6, 2017
#11	-9.80% Jan 26, 2018 - Jun 5, 2018	-0.95% Feb 11, 2016 - Apr 5, 2016
#12	-9.74% Feb 12, 2021 - Apr 8, 2021	-0.82% Aug 25, 2015 - Sep 24, 2015
#13	-7.97% Sep 19, 2012 - Jan 11, 2013	-0.63% Jun 16, 2016 - Jun 24, 2016
#14	-7.93% Apr 29, 2019 - Jun 20, 2019	-0.54% Oct 30, 2015 - Nov 20, 2015
#15	-7.36% Sep 19, 2014 - Oct 31, 2014	-0.52% Jun 10, 2021 - Jul 7, 2021

Correlation

Correlation between VONG and VTEB is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2010 - 2026)

VONG vs VTEB dividend yield comparison.

Year	VONG	VTEB
2026	0.11%	1.14%
2025	0.45%	3.29%
2024	0.55%	3.14%
2023	0.71%	2.79%
2022	0.98%	2.09%
2021	0.58%	1.64%
2020	0.77%	1.99%
2019	1.03%	2.30%
2018	1.18%	2.25%
2017	1.19%	1.96%
2016	1.48%	1.66%
2015	1.47%	0.58%
2014	1.44%	0.00%
2013	1.28%	0.00%
2012	1.69%	0.00%
2011	1.27%	0.00%
2010	0.15%	0.00%