Seasonal Evaluation for Vanguard Tax-Exempt Bond ETF (VTEB)
The following tables show quarterly and semi-annual reports.
In the quarterly breakdown, the first through fourth quarters correspond to spring, summer, fall, and winter, respectively.
Detailed definitions for the semi-annual periods are provided in the table headers.
| Overview | 1st Quarter Jan. - Mar. |
2nd Quarter Apr. - Jun. |
3rd Quarter Jul. - Sep. |
4th Quarter Oct. - Dec. |
|---|---|---|---|---|
| Success Rate | 40.00% | 60.00% | 50.00% | 81.82% |
| Median Return | -0.44% | 1.25% | 0.35% | 1.58% |
| Average Return | 1.74% | 1.92% | 1.76% | 1.69% |
| Maximum Gain | 2.84% | 2.92% | 2.99% | 7.21% |
| Gain Year | 2023 | 2020 | 2025 | 2023 |
| Maximum Loss | -5.86% | -2.75% | -3.54% | -3.15% |
| Loss Year | 2022 | 2022 | 2023 | 2016 |
| Based on the past 10 years (2016-2025) | ||||
| Overview | Winter Season Oct. - Mar. |
Summer Season Apr. - Sep. |
First HY Jan. - Jun. |
Second HY Jul. - Dec. |
|---|---|---|---|---|
| Success Rate | 61.90% | 55.00% | 50.00% | 66.67% |
| Median Return | 0.79% | 0.96% | 0.34% | 1.05% |
| Average Return | 1.70% | 1.85% | 1.85% | 1.71% |
| Maximum Gain | 7.21% | 2.99% | 2.92% | 7.21% |
| Gain Year | 2023 | 2025 | 2020 | 2023 |
| Maximum Loss | -5.86% | -3.54% | -5.86% | -3.54% |
| Loss Year | 2022 | 2023 | 2022 | 2023 |
| Based on the past 10 years (2016-2025) | ||||