TAXE vs VTI
TAXE vs VTI
T. Rowe Price Intermediate Municipal Income ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | TAXE | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.03% | |
| AUM | $192M | $663.5B | |
| Dividend Yield | 3.58% | 1.07% | |
| Holdings | 347 | 3,543 | |
| YTD Return | +0.65% | +11.83% | |
| 1Y Return | +4.81% | +21.79% | |
| 3Y Return (annualized) | - | +20.40% | |
| 5Y Return (annualized) | - | +11.96% | |
| Volatility (annualized) | 3.5% | 15.3% | |
| Max Drawdown | -3.7% | -56.6% | |
| Fund Family | T.Rowe Price | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 10, 2024 | May 24, 2001 |
TAXE vs VTI Performance
T. Rowe Price Intermediate Municipal Income ETF (TAXE) is a ETF from T.Rowe Price and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year TAXE returned +4.81% while VTI returned +21.79%. Year to date, TAXE is up 0.65% versus a gain of 11.83% for VTI.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 3.5% for TAXE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.7% for TAXE and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TAXE charges 0.24% per year while VTI charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, TAXE currently yields 3.58% against 1.07% for VTI.
Holdings Overlap
TAXE and VTI share 0 holdings out of 2954 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TAXE or VTI?
TAXE has an expense ratio of 0.24% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, TAXE or VTI?
Over the past year TAXE returned +4.81% vs +21.79% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), TAXE annualized +3.93% vs +8.06% for VTI. Past performance does not guarantee future results.
Which is riskier, TAXE or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 3.5% for TAXE. Worst drawdown: TAXE -3.7% vs VTI -56.6%.
Should I hold both TAXE and VTI?
TAXE and VTI have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TAXE and VTI?
TAXE and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2954 unique securities.
Which pays a higher dividend, TAXE or VTI?
TAXE yields 3.58% while VTI yields 1.07%, so TAXE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.