VCRM Performance — Vanguard Core Tax-Exempt Bond ETF
Data updated: 2026-09-28
VCRM returned +0.99% year to date and +6.38% over one year to Jul 2026. Over one year the fund trailed its Long-Term Municipal Bond category average: $100 grew to $106, against $106 for the category. Volatility over the past 12 months was 4.51% a year. In the 12 months to Jul 2026 the fund took in a net $1.4B, and assets reached $1.80B.
VCRM Growth of $100
What $100 invested in Vanguard Core Tax-Exempt Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | VCRM | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $106 |
| Since data start (Nov 2024 – Jul 2026) | $106 | $104 |
VCRM Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.99% |
| 1 year | +6.38% |
VCRM Annual Returns
Calendar-year total returns of Vanguard Core Tax-Exempt Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.99% |
| 2025 | +5.10% |
| 2024 (Nov–Dec) | −0.31% |
VCRM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.5% | −2.1% | +1.2% | +0.5% | +0.9% | −1.6% | — | — | — | — | — |
| 2025 | +0.5% | +1.2% | −1.6% | −0.4% | −0.3% | +0.8% | −0.3% | +0.9% | +2.7% | +1.2% | +0.3% | +0.2% |
| 2024 | — | — | — | — | — | — | — | — | — | — | +0.9% | −1.2% |
VCRM Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 4.51%
- Best month: +2.68% (Sep 2025)
- Worst month: −2.15% (Mar 2026)
VCRM Fund Flows
Monthly money in and out of Vanguard Core Tax-Exempt Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $1.4B
- 12-month gross sales (incl. reinvestments): $1.5B
- Sales ÷ redemptions: 18.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $121.2M | $0 | $121.2M |
| Jun 2026 | $103.3M | $27.4M | $76.0M |
| May 2026 | $338.5M | $3.0M | $335.5M |
| Apr 2026 | $107.4M | $0 | $107.4M |
| Mar 2026 | $81.9M | $54.1M | $27.8M |
| Feb 2026 | $192.5M | $0 | $192.5M |
| Jan 2026 | $135.2M | $0 | $135.2M |
| Dec 2025 | $123.8M | $0 | $123.8M |
| Nov 2025 | $50.0M | $0 | $50.0M |
| Oct 2025 | $89.2M | $0 | $89.2M |
| Sep 2025 | $95.7M | $0 | $95.7M |
| Aug 2025 | $91.0M | $0 | $91.0M |
VCRM Assets Under Management
Net assets of Vanguard Core Tax-Exempt Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.80B |
| 2026-04-30 | $1.28B |
| 2026-01-31 | $960.60M |
| 2025-10-31 | $648.80M |
| 2025-07-31 | $353.76M |
| 2025-04-30 | $214.88M |
| 2025-01-31 | $80.83M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.