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Vanguard Short Duration Tax-Exempt Bond ETF

VSDMCboeVanguardA

$75.64+0.05 (+0.07%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 75.59 to 75.64. Range 75.64 to 75.73. Use the arrow keys to read each point.75.6775.7075.7210 AM12 PM2 PM4 PM
Expense ratio
0.12%
Fund size · all share classes
$1.2B
1Y total return
+2.0%
Yield · Last 12 months
3.12%
Holdings
3315
Avg volume · 30D
258K sh
52W range
low $73.94high $77.64
Launched
Filings
SEC EDGAR

The ETF.net VSDM Grade

A

Score 80 out of 100

Rank
2 of 28
Six-pillar profile for VSDM. Scores out of 100: Cost 85, Risk 48, Mission 100, Tradability 78, Holdings 75, Durability 62. Strongest: Mission (100). Weakest: Risk (48). Leans toward Mission.

Score 80 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A85 out of 100
    Rank 5 of 28
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 27
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 14 of 27
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A78 out of 100
    Rank 2 of 28
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A75 out of 100
    Rank 6 of 28
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 14 of 28

VSDM Holdings

Asset class
Bonds
Holdings
3,315
Top-10 weight
5%
Largest holding
Vanguard Municipal Low Duration Fund 12/31/20491.3%

Geography

  • United States99.11%
  • Puerto Rico0.53%
  • Guam0.28%
  • Virgin Islands0.08%
The fund’s holdings, weight-ordered — page 1 of 221.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataVanguard Municipal Low Duration Fund 12/31/20491.31%152,497,870$15.2M6
2No dataAlabama Toll Road Bridge and Tunnel Authority 5.00% 10/01/20320.64%72,550$7.38M14
3No dataDallas Area Rapid Transit 5.00% 12/01/20320.55%61,750$6.37M4
4No dataCalifornia Community Choice Financing Authority 5.00% 07/01/20530.45%51,650$5.24M8
5No dataCalifornia Community Choice Financing Authority 5.50% 05/01/20540.44%50,050$5.13M2
6No dataSchool District of Broward County/FL 5.00% 07/01/20330.44%49,650$5.11M7
7No dataNew York State Dormitory Authority 5.00% 01/15/20310.44%50,000$5.06M3
8No dataSoutheast Energy Authority A Cooperative District 5.00% 10/01/20300.42%48,200$4.9M4
9No dataNew Jersey Transportation Trust Fund Authority 5.00% 12/15/20340.38%43,800$4.43M3
10No dataSoutheast Energy Authority A Cooperative District 5.00% 10/01/20550.35%40,000$4.05M3
11No dataNew Jersey Transportation Trust Fund Authority 5.00% 12/15/20320.34%38,700$3.93M5
12No dataSoutheast Energy Authority A Cooperative District 4.00% 12/01/20510.30%36,650$3.53M3
13No dataLancaster Port Authority 5.00% 02/01/20550.30%34,200$3.49M4
14No dataState of Illinois 5.00% 10/01/20300.29%33,650$3.42M6
15No dataSoutheast Energy Authority A Cooperative District 5.25% 03/01/20550.29%33,800$3.34M4

Showing 1–15 of 3315 holdings

VSDM Performance

Launched Nov 19, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
VSDM$10,204
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. VSDM $10,204. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VSDM. Periods over one year show the average yearly return.
PeriodVSDM
Year to date+1.4%
1 month+2.1%
3 months+0.4%
1 year+2.0%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VSDM
YearReturn barVSDM
2026 YTD+1.4%
2025+5.4%
2024−0.1%

History from Nov 21, 2024

VSDM in the news

VSDM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.12%Last 12 months
Payout per share
$2.37Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 22 payments from 2024 to 2026 YTD. Dec 24, 2024 $0.26; Feb 3, 2025 $0.20; Mar 3, 2025 $0.20; Apr 1, 2025 $0.16; May 1, 2025 $0.19; Jun 2, 2025 $0.20; Jul 1, 2025 $0.19; Aug 1, 2025 $0.19; Sep 2, 2025 $0.20; Oct 1, 2025 $0.20; Nov 3, 2025 $0.20; Dec 1, 2025 $0.20; Dec 18, 2025 $0.20; Feb 2, 2026 $0.19; Mar 2, 2026 $0.20; Apr 1, 2026 $0.20; May 1, 2026 $0.20; Jun 1, 2026 $0.20; Jul 1, 2026 $0.20; Aug 3, 2026 $0.20; Sep 1, 2026 $0.20; Oct 1, 2026 $0.19. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.19
Oct 1, 2026Oct 5, 2026$0.19
Sep 1, 2026Sep 3, 2026$0.20
Aug 3, 2026Aug 5, 2026$0.20
Jul 1, 2026Jul 6, 2026$0.20
Jun 1, 2026Jun 3, 2026$0.20
May 1, 2026May 5, 2026$0.20
Apr 1, 2026Apr 6, 2026$0.20
Mar 2, 2026Mar 4, 2026$0.20
Feb 2, 2026Feb 4, 2026$0.19
Dec 18, 2025Dec 22, 2025$0.20
Dec 1, 2025Dec 3, 2025$0.20

See all 23 payments⁠

$10,000 in VSDM 1 year ago paid $309 in dividends.⁠

VSDM Risk

How much the fund’s monthly returns vary, scaled to a year.
2.9%
Annualised · 23 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.26
vs 3-month T-bills · 23 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−2.8%
23 months · trough Sep 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.09
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

VSDM Cost

Overpaying vs VTES, tied cheapest in Short-Duration Municipal Bonds

$1,460

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VSDM 0.12%

    $2,520

  • VTES 0.05% Tied cheapest

    $1,060

$10,000
30 years

Cost over time

  • VSDM 0.12%
  • VTES 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530VSDM $2,520VTES $1,060

Year by year

YearVSDMVTESOverpaying
10$220$92$128
20$859$360$499
30$2,520$1,060$1,460

Other funds in Short-Duration Municipal Bonds