Vanguard California Tax-Exempt Bond ETFVTEC

VanguardBonds & CashMunicipal#594 of 785 by YTD

$96.85

0.0% last session

−0.8% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Jan 30, 2024 – Nov 3, 2026VTECS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	0.0%	+3.1%	−1.3%	−0.8%	−0.3%	—	—	+4.6%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $3.6B
Expense ratio: 0.06%
Distribution yield: 3.2%
NAV: $96.93
Volume: 399K
Avg. volume 30D: 1.2M
High today: $96.94
Low today: $96.78
Previous close: $96.86
52-week high: $101.90
52-week low: $93.46
Our risk indicator: 2/5

VTEC in One Breath

VTEC Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#129VTECVanguard−0.8%$3.6B

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in VTEC

$10,000 in VTEC became

$10,457

In the S&P 500 (VOO)

$15,903

Total return, dividends in · Jan 30, 2024 – Nov 3, 2026 · S&P 500 uses VOO

VTEC’s Top Holdings

Today

University of University of California 5.00% 05/15/20360.5%Los Angeles 0.4%Bay Area Tol0.3%University o0.2%San Diego Pu0.2%Los Angeles 0.2%State of Cal0.2%Tender Optio0.2%California M0.2%University o0.2%Oakland Unif0.2%Los Angeles 0.2%California E0.2%Foothill-Eas0.2%State of Cal0.2%State of Cal0.2%State of Cal0.2%Los Angeles 0.2%University o0.2%University o0.2%Regents of t0.2%State of Cal0.2%

Vanguard VTEC · 3,944 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What VTEC Holds

Today

All holdings100.0%

University · Los Angele · Bay Area T · University · San Diego · Los Angele · State of C

Vanguard VTEC · share of the fund · as of Nov 3, 2026

University’s Share of VTEC

Today

0.5%

$5 of every $1,000 in VTEC is University

University held by VTEC

$17.9M

Vanguard VTEC · each square = $10 of $1,000 · as of Nov 3, 2026

VTEC’s Share of Municipal ETFs

Today

1.5%

of the $244B in 166 Municipal ETFs

VTEC$3.6B1.5%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$136B55.8%

Municipal ETF AUM · Nov 4, 2026

VTEC Fee per $100 vs Peers

Today

$0.06a year
per $100

$6 a year on $10,000

VTEB$0.03

MUB$0.05

VTEC$0.06

SUB$0.07

JMUB$0.18

CGMU$0.27

Expense ratio · Municipal peers · Nov 4, 2026

Inside VTEC

3,944 holdings · as of Nov 3, 2026

VTEC

Vanguard California Tax-Exempt Bond ETF

Today

All holdings100.0%3,942 more holdings99.1% of the fund

#	Ticker	Company	Weight ▼
1	—	University of California 5.00% 05/15/2036	0.50%
2	—	Los Angeles Unified School District/CA 5.00% 07/01/2034	0.37%
3	—	Bay Area Toll Authority 5.00% 04/01/2061	0.28%
4	—	University of California 5.00% 05/15/2030	0.25%
5	—	San Diego Public Facilities Financing Authority 5.25% 10/15/2055	0.24%
6	—	Los Angeles Department of Water & Power Water System Revenue 5.00% 01/01/2030	0.23%
7	—	State of California 5.25% 10/01/2051	0.23%
8	—	Tender Option Bond Trust Receipts/Certificates 1.54% 12/01/2039	0.23%
9	—	California Municipal Finance Authority 1.35% 11/01/2035	0.22%
10	—	University of California 5.00% 05/15/2032	0.22%

Vanguard VTEC · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 4.7%

How It Compares

VTEC

Vanguard California Tax-Exempt Bond ETF’s Peers

Today


MUB	iSharesRead Desk	0.05%	0.0%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	0.0%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+0.1%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.1%	+1.1%	$7.5B
VTEC	VanguardThis fundRead Desk	0.06%	0.0%	−0.3%	$3.6B

Municipal peers · Today’s and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put VTEC head to head with MUB →

MUB vs VTEC

YTD

MUBiShares · MunicipalVTECVanguard · Municipal

Year to date

−0.4%

−0.8%

MUB wins+0.5 pts

Past year

+0.1%

−0.3%

MUB wins+0.4 pts

Fee

0.05%

0.06%

MUB winslower fee

Yield

3.3%

3.2%

MUB wins+0.1 pts

AUM

$54.5B

$3.6B

MUB15.1× more

4–0MUB wins

iShares MUB and Vanguard VTEC · year-to-date · as of Nov 4, 2026 · AUM not scored

VTEC vs VOO

YTD

VTEC · Vanguard California Tax-Exempt Bond

−0.8%

VOO · S&P 500

+11.5%

Gap

12.4 pts

Vanguard VTEC and Vanguard VOO · Today total return · as of Nov 4, 2026

VTEC vs Its Peer Average

YTD

VTECAvsBPeer average

1D0.0%0.0%

1M+3.1%+2.9%

3M−1.3%−0.9%

YTD−0.8%+0.3%

1Y−0.3%+0.6%

3Y[…]+14.6%

5Y[…]+2.5%

1–4Peer average wins

165 Municipal peers · each row scaled to its leader

The Details

VTEC

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.35%

Deepest drop · 1Y−6.4%

Lowest point · 5Y−1.4%

52-week range

$96.85

$93.46−5.0% from the high$101.90

Vanguard VTEC · past-year price moves · as of Nov 4, 2026

VTEC

Fund Facts

Today

2024launched Jan 26

Tracks[…]

Exchange · CUSIPCBOE · 922021605

StructureETF

Leverage1x

Cost on $10,000$6 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Vanguard VTEC · fund facts · as of Nov 4, 2026

VTEC

Payouts by Year

$0.26per share, Nov 2026

Distribution yield3.2%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 4, 2026

12 payouts added up$3.11 a share

Vanguard VTEC · distributions by ex-date · 2024–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$96.93

Premium / discount[…]

Median spread · 30D[…]

Volume today399K

Average volume · 30D1.2M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.06%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$6.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 4, 2026	$0.26
Oct 1, 2026	Oct 5, 2026	$0.26
Sep 1, 2026	Sep 3, 2026	$0.26
Aug 3, 2026	Aug 5, 2026	$0.26
Jul 1, 2026	Jul 6, 2026	$0.26
Jun 1, 2026	Jun 3, 2026	$0.26
May 1, 2026	May 5, 2026	$0.26
Apr 1, 2026	Apr 6, 2026	$0.26
Mar 2, 2026	Mar 4, 2026	$0.26
Feb 2, 2026	Feb 4, 2026	$0.25
Dec 24, 2025	Dec 29, 2025	$0.26
Dec 1, 2025	Dec 3, 2025	$0.27

Issuer contentFrom VanguardHear the strategy from the people behind VTEC.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →