VTEI vs VFMO

Comparison between VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF ETF SHARES (VTEI, ETF) and VANGUARD U.S. MOMENTUM FACTOR ETF ETF SHARES (VFMO, ETF).

VTEI vs VFMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VTEI(ETF)	VFMO(ETF)
Net Assets	$1.30B	$1.30B
Expense Ratio	0.08%	0.13%
Max Drawdown	4.79%	36.92%
Sharpe Ratio	0.92	1.81
5Y Beta	0.02	1.23
P/E Ratio	N/A	116.07
Forward P/E	N/A	17.77
5Y Dividends CAGR	N/A	30.06%
5Y EPS CAGR	N/A	15.98%
P/S Ratio	N/A	1.93
P/B Ratio	N/A	4.55

Net Assets

VTEI

$1.30B

VFMO

$1.30B

Expense Ratio

Winner

VTEI

0.08%

VFMO

0.13%

Max Drawdown

Winner

VTEI

4.79%

VFMO

36.92%

Sharpe Ratio

VTEI

0.92

Winner

VFMO

1.81

5Y Beta

Winner

VTEI

0.02

VFMO

1.23

P/E Ratio

VTEI

N/A

VFMO

116.07

Forward P/E

VTEI

N/A

VFMO

17.77

5Y Dividends CAGR

VTEI

N/A

VFMO

30.06%

5Y EPS CAGR

VTEI

N/A

VFMO

15.98%

P/S Ratio

VTEI

N/A

VFMO

1.93

P/B Ratio

VTEI

N/A

VFMO

4.55

VTEI vs VFMO - Historical Returns

Returns include dividend reinvestment.

Period	VTEI	VFMO
1 month	+0.39%	+9.20%
3 months	-0.54%	+9.97%
6 months	+1.40%	+21.09%
1 year	+6.00%	+46.88%
5 years(CAGR)	N/A	+13.44%
10 years(CAGR)	N/A	+15.19%
Max(CAGR)	+3.05%	+15.19%

VTEI

+0.39%

Winner

VFMO

+9.20%

VTEI

-0.54%

Winner

VFMO

+9.97%

VTEI

+1.40%

Winner

VFMO

+21.09%

VTEI

+6.00%

Winner

VFMO

+46.88%

5Y(CAGR)

VTEI

N/A

VFMO

+13.44%

10Y(CAGR)

VTEI

N/A

VFMO

+15.19%

Max(CAGR)

VTEI

+3.05%

Winner

VFMO

+15.19%

VTEI vs VFMO - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	VTEI	VFMO
2026	+0.75%	+17.84%
2025	+4.48%	+16.84%
2024	+1.55%	+28.26%
2023	N/A	+18.26%
2022	N/A	-13.05%
2021	N/A	+20.50%
2020	N/A	+30.80%
2019	N/A	+28.45%
2018	N/A	-11.41%

VTEI vs VFMO Drawdown Comparison

The maximum drawdown for VTEI was -3.64%, occurring on Apr 10, 2025. Recovery took 128 trading sessions.

The maximum drawdown for VFMO was -36.77%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.

The current VTEI drawdown is -1.16%. The current VFMO drawdown is -1.22%.

Rank	VTEI	VFMO
#1	-3.64% Mar 3, 2025 - Sep 4, 2025	-36.77% Feb 19, 2020 - Jul 30, 2020
#2	-2.61% Feb 27, 2026 - Mar 26, 2026	-27.21% Sep 4, 2018 - Dec 20, 2019
#3	-2.06% Feb 1, 2024 - Jul 12, 2024	-25.79% Nov 8, 2021 - Feb 2, 2024
#4	-1.87% Oct 2, 2024 - Dec 4, 2024	-24.40% Nov 26, 2024 - Aug 12, 2025
#5	-1.80% Dec 4, 2024 - Feb 25, 2025	-12.18% Jul 16, 2024 - Sep 19, 2024
#6	-0.69% Aug 5, 2024 - Aug 23, 2024	-11.06% Feb 12, 2021 - Aug 11, 2021
#7	-0.36% Nov 11, 2025 - Nov 28, 2025	-10.98% Oct 15, 2025 - Dec 11, 2025
#8	-0.35% Sep 23, 2025 - Oct 10, 2025	-10.55% Feb 26, 2026 - Apr 9, 2026
#9	-0.26% Aug 23, 2024 - Sep 5, 2024	-9.98% Oct 13, 2020 - Nov 23, 2020
#10	-0.21% Nov 28, 2025 - Dec 22, 2025	-8.89% Sep 2, 2020 - Oct 5, 2020
#11	-0.20% Jan 15, 2026 - Jan 27, 2026	-8.29% Mar 21, 2024 - May 15, 2024
#12	-0.19% Jul 12, 2024 - Jul 30, 2024	-8.02% Mar 12, 2018 - May 16, 2018
#13	-0.18% Oct 22, 2025 - Nov 11, 2025	-6.16% Jan 22, 2026 - Feb 25, 2026
#14	-0.14% Sep 17, 2024 - Sep 27, 2024	-5.93% Dec 11, 2025 - Jan 6, 2026
#15	-0.12% Feb 26, 2025 - Feb 28, 2025	-5.83% Aug 12, 2021 - Aug 27, 2021