VTEC Performance — Vanguard California Tax-Exempt Bond ETF
Data updated: 2026-07-29
VTEC returned +0.96% year to date and +6.39% over one year to May 2026. Over one year the fund beat its Intermediate Municipal Bond category average: $100 grew to $106, against $106 for the category. Volatility over the past 12 months was 3.76% a year. In the 12 months to May 2026 the fund took in a net $1.6B, and assets reached $2.64B.
VTEC Growth of $100
What $100 invested in Vanguard California Tax-Exempt Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | VTEC | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $106 |
| Since data start (Jan 2024 – May 2026) | $107 | $107 |
VTEC Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.96% |
| 1 year | +6.39% |
| 3 years (annualised) | +2.80% |
VTEC Annual Returns
Calendar-year total returns of Vanguard California Tax-Exempt Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.96% |
| 2025 | +3.63% |
| 2024 | +2.18% |
VTEC 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 | +0.8% | +1.1% | −2.3% | +1.0% | +0.4% | — | — | — | — | — | — | — |
| 2025 | −0.2% | +1.0% | −1.6% | −0.8% | −0.1% | +0.7% | −0.2% | +0.9% | +2.3% | +1.1% | +0.4% | +0.1% |
| 2024 | +0.7% | 0.0% | −0.2% | −1.1% | −0.3% | +1.4% | +0.8% | +0.8% | +1.0% | −1.2% | +1.5% | −1.0% |
VTEC Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 3.76%
- Best month: +2.29% (Sep 2025)
- Worst month: −2.30% (Mar 2026)
VTEC Fund Flows
Monthly money in and out of Vanguard California Tax-Exempt Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $1.6B
- 12-month gross sales (incl. reinvestments): $1.6B
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $209.0M | $0 | $209.0M |
| Apr 2026 | $167.1M | $0 | $167.1M |
| Mar 2026 | $137.3M | $0 | $137.3M |
| Feb 2026 | $211.7M | $0 | $211.7M |
| Jan 2026 | $165.8M | $0 | $165.8M |
| Dec 2025 | $232.3M | $0 | $232.3M |
| Nov 2025 | $85.2M | $0 | $85.2M |
| Oct 2025 | $72.4M | $0 | $72.4M |
| Sep 2025 | $74.1M | $0 | $74.1M |
| Aug 2025 | $7.3M | $0 | $7.3M |
| Jul 2025 | $224.5M | $0 | $224.5M |
| Jun 2025 | $60.6M | $0 | $60.6M |
VTEC Assets Under Management
Net assets of Vanguard California Tax-Exempt Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.64B |
| 2026-02-28 | $2.17B |
| 2025-11-30 | $1.53B |
| 2025-08-31 | $1.26B |
| 2025-05-31 | $960.24M |
| 2025-02-28 | $495.76M |
| 2024-11-30 | $533.30M |
| 2024-08-31 | $206.18M |
| 2024-05-31 | $83.56M |
| 2024-02-29 | $35.24M |
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.