VTEC vs UITB

Comparison between VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF ETF SHARES (VTEC, ETF) and VICTORYSHARES CORE INTERMEDIATE BOND ETF FORMERLY VICTORYSHARES USAA CORE INTERMEDIATE-TERM BOND ETF VICTORYSHARES CORE INTERMEDIATE BOND ETF (UITB, ETF).

VTEC vs UITB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VTEC(ETF)	UITB(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.06%	0.25%
Max Drawdown	5.70%	20.97%
Sharpe Ratio	0.98	0.39
5Y Beta	0.04	0.03
5Y Dividends CAGR	N/A	9.75%

Net Assets

VTEC

$2.60B

UITB

$2.60B

Expense Ratio

Winner

VTEC

0.06%

UITB

0.25%

Max Drawdown

Winner

VTEC

5.70%

UITB

20.97%

Sharpe Ratio

Winner

VTEC

0.98

UITB

0.39

5Y Beta

VTEC

0.04

Winner

UITB

0.03

5Y Dividends CAGR

VTEC

N/A

UITB

9.75%

VTEC vs UITB - Historical Returns

Returns include dividend reinvestment.

Period	VTEC	UITB
1 month	+0.64%	+0.39%
3 months	+0.87%	+0.33%
6 months	+1.53%	+0.83%
1 year	+6.20%	+4.43%
5 years(CAGR)	N/A	+0.49%
10 years(CAGR)	N/A	+2.32%
Max(CAGR)	+2.70%	+2.32%

Winner

VTEC

+0.64%

UITB

+0.39%

Winner

VTEC

+0.87%

UITB

+0.33%

Winner

VTEC

+1.53%

UITB

+0.83%

Winner

VTEC

+6.20%

UITB

+4.43%

5Y(CAGR)

VTEC

N/A

UITB

+0.49%

10Y(CAGR)

VTEC

N/A

UITB

+2.32%

Max(CAGR)

Winner

VTEC

+2.70%

UITB

+2.32%

VTEC vs UITB - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	VTEC	UITB
2026	+0.95%	+0.47%
2025	+3.86%	+7.25%
2024	+1.42%	+2.20%
2023	N/A	+6.02%
2022	N/A	-11.67%
2021	N/A	-0.80%
2020	N/A	+7.85%
2019	N/A	+11.24%
2018	N/A	-1.15%
2017	N/A	+0.99%

VTEC vs UITB Drawdown Comparison

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

The maximum drawdown for UITB was -17.02%, occurring on Oct 20, 2022. Recovery took 1031 trading sessions.

The current VTEC drawdown is -0.81%. The current UITB drawdown is -1.39%.

Rank	VTEC	UITB
#1	-4.50% Dec 2, 2024 - Sep 8, 2025	-17.02% Aug 3, 2021 - Sep 11, 2025
#2	-2.85% Feb 27, 2026 - Mar 27, 2026	-8.72% Mar 6, 2020 - Jun 22, 2020
#3	-2.43% Feb 1, 2024 - Aug 1, 2024	-3.44% Dec 29, 2017 - Jan 30, 2019
#4	-2.13% Oct 1, 2024 - Dec 2, 2024	-3.01% Dec 31, 2020 - Jul 8, 2021
#5	-0.79% Aug 6, 2024 - Sep 5, 2024	-2.80% Feb 27, 2026 - May 19, 2026
#6	-0.47% Sep 17, 2025 - Oct 10, 2025	-2.27% Sep 4, 2019 - Jan 3, 2020
#7	-0.44% Nov 26, 2025 - Dec 24, 2025	-1.26% Aug 6, 2020 - Nov 19, 2020
#8	-0.42% Nov 11, 2025 - Nov 26, 2025	-0.97% Oct 28, 2025 - Nov 25, 2025
#9	-0.34% Oct 29, 2025 - Nov 11, 2025	-0.85% Nov 26, 2025 - Feb 5, 2026
#10	-0.31% Jan 14, 2026 - Jan 30, 2026	-0.82% Jul 3, 2019 - Aug 1, 2019
#11	-0.16% Sep 27, 2024 - Oct 1, 2024	-0.69% Sep 16, 2025 - Oct 10, 2025
#12	-0.12% Sep 10, 2024 - Sep 13, 2024	-0.58% Jul 8, 2021 - Jul 19, 2021
#13	-0.11% Sep 17, 2024 - Sep 26, 2024	-0.56% Nov 6, 2017 - Nov 24, 2017
#14	-0.10% Sep 8, 2025 - Sep 10, 2025	-0.49% Jan 31, 2020 - Feb 18, 2020
#15	-0.09% Sep 11, 2025 - Sep 15, 2025	-0.47% Feb 26, 2019 - Mar 7, 2019