VTEC vs MDYV

Comparison between VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF) and STATE STREET(R) SPDR(R) S & P 400(TM) MID CAP VALUE ETF (MDYV, ETF).

VTEC vs MDYV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VTEC(ETF)	MDYV(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.06%	0.15%
Max Drawdown	5.70%	62.59%
Sharpe Ratio	0.92	1.14
5Y Beta	0.04	0.90
P/E Ratio	N/A	21.40
Forward P/E	N/A	14.04
PEG Ratio	N/A	0.07
5Y Dividends CAGR	N/A	8.23%
5Y EPS CAGR	N/A	8.98%
Debt to Equity	N/A	43.55%
P/S Ratio	N/A	1.06
P/B Ratio	N/A	2.00

Net Assets

VTEC

$2.60B

MDYV

$2.60B

Expense Ratio

Winner

VTEC

0.06%

MDYV

0.15%

Max Drawdown

Winner

VTEC

5.70%

MDYV

62.59%

Sharpe Ratio

VTEC

0.92

Winner

MDYV

1.14

5Y Beta

Winner

VTEC

0.04

MDYV

0.90

P/E Ratio

VTEC

N/A

MDYV

21.40

Forward P/E

VTEC

N/A

MDYV

14.04

PEG Ratio

VTEC

N/A

MDYV

0.07

5Y Dividends CAGR

VTEC

N/A

MDYV

8.23%

5Y EPS CAGR

VTEC

N/A

MDYV

8.98%

Debt to Equity

VTEC

N/A

MDYV

43.55%

P/S Ratio

VTEC

N/A

MDYV

1.06

P/B Ratio

VTEC

N/A

MDYV

2.00

VTEC vs MDYV - Historical Returns

Returns include dividend reinvestment.

Period	VTEC	MDYV
1 month	+0.64%	+4.87%
3 months	+0.87%	+12.48%
6 months	+1.53%	+10.20%
1 year	+6.20%	+22.11%
5 years(CAGR)	N/A	+8.01%
10 years(CAGR)	N/A	+10.82%
Max(CAGR)	+2.70%	+9.09%

VTEC

+0.64%

Winner

MDYV

+4.87%

VTEC

+0.87%

Winner

MDYV

+12.48%

VTEC

+1.53%

Winner

MDYV

+10.20%

VTEC

+6.20%

Winner

MDYV

+22.11%

5Y(CAGR)

VTEC

N/A

MDYV

+8.01%

10Y(CAGR)

VTEC

N/A

MDYV

+10.82%

Max(CAGR)

VTEC

+2.70%

Winner

MDYV

+9.09%

VTEC vs MDYV - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	VTEC	MDYV
2026	+0.95%	+10.72%
2025	+3.86%	+7.89%
2024	+1.42%	+11.46%
2023	N/A	+15.49%
2022	N/A	-7.79%
2021	N/A	+32.87%
2020	N/A	+3.95%
2019	N/A	+25.64%
2018	N/A	-12.74%
2017	N/A	+11.16%
2016	N/A	+27.76%
2015	N/A	-6.72%
2014	N/A	+13.69%
2013	N/A	+31.45%
2012	N/A	+16.71%
2011	N/A	-3.66%
2010	N/A	+20.67%
2009	N/A	+31.76%
2008	N/A	-34.65%
2007	N/A	-1.23%
2006	N/A	+14.50%
2005	N/A	+2.32%

VTEC vs MDYV Drawdown Comparison

The maximum drawdown for VTEC was -4.50%, occurring on Apr 8, 2025. Recovery took 190 trading sessions.

The maximum drawdown for MDYV was -60.74%, occurring on Mar 6, 2009. Recovery took 968 trading sessions.

The current VTEC drawdown is -0.81%.

Rank	VTEC	MDYV
#1	-4.50% Dec 2, 2024 - Sep 8, 2025	-60.74% Jun 4, 2007 - Apr 5, 2011
#2	-2.85% Feb 27, 2026 - Mar 27, 2026	-45.87% Jan 16, 2020 - Dec 4, 2020
#3	-2.43% Feb 1, 2024 - Aug 1, 2024	-25.52% Apr 28, 2011 - Mar 15, 2012
#4	-2.13% Oct 1, 2024 - Dec 2, 2024	-22.81% Aug 29, 2018 - Nov 5, 2019
#5	-0.79% Aug 6, 2024 - Sep 5, 2024	-22.59% Nov 25, 2024 - Dec 10, 2025
#6	-0.47% Sep 17, 2025 - Oct 10, 2025	-21.23% Jun 23, 2015 - Jun 8, 2016
#7	-0.44% Nov 26, 2025 - Dec 24, 2025	-19.02% Jan 4, 2022 - Jan 27, 2023
#8	-0.42% Nov 11, 2025 - Nov 26, 2025	-18.70% Feb 2, 2023 - Dec 19, 2023
#9	-0.34% Oct 29, 2025 - Nov 11, 2025	-12.24% Mar 19, 2012 - Sep 7, 2012
#10	-0.31% Jan 14, 2026 - Jan 30, 2026	-10.53% Feb 6, 2026 - Jun 2, 2026
#11	-0.16% Sep 27, 2024 - Oct 1, 2024	-10.31% Sep 2, 2014 - Nov 24, 2014
#12	-0.12% Sep 10, 2024 - Sep 13, 2024	-9.35% Jan 23, 2018 - Jun 7, 2018
#13	-0.11% Sep 17, 2024 - Sep 26, 2024	-9.07% May 7, 2021 - Oct 25, 2021
#14	-0.10% Sep 8, 2025 - Sep 10, 2025	-9.01% May 9, 2006 - Oct 13, 2006
#15	-0.09% Sep 11, 2025 - Sep 15, 2025	-8.70% Nov 15, 2021 - Jan 4, 2022

Correlation

Correlation between VTEC and MDYV is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2005 - 2026)

VTEC vs MDYV dividend yield comparison.

Year	VTEC	MDYV
2026	1.28%	0.40%
2025	3.13%	1.72%
2024	2.54%	1.89%
2023	0.00%	1.59%
2022	0.00%	1.90%
2021	0.00%	1.74%
2020	0.00%	1.69%
2019	0.00%	1.83%
2018	0.00%	2.28%
2017	0.00%	2.48%
2016	0.00%	1.83%
2015	0.00%	4.31%
2014	0.00%	4.05%
2013	0.00%	1.40%
2012	0.00%	2.08%
2011	0.00%	1.74%
2010	0.00%	2.24%
2009	0.00%	2.37%
2008	0.00%	4.30%
2007	0.00%	2.13%
2006	0.00%	3.56%
2005	0.00%	0.31%