Vanguard Short Term Tax Exempt Etf Profile
| VTES Etf | 99.76 0.04 0.04% |
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Vanguard Short is selling for under 99.76 as of the 12th of June 2024; that is 0.04% increase since the beginning of the trading day. The etf's lowest day price was 99.73. Vanguard Short has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Vanguard Short Term Tax Exempt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of March 2024 and ending today, the 12th of June 2024. Click here to learn more.
Vanguard Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Municipals ETFs, Municipals ETFs (View all Sectors) |
| Issuer | Vanguard |
| Inception Date | 2023-03-07 |
| Benchmark | S&P 0-7 Year National AMT-Free Municipal Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 443.8 Million |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Vanguard Group, Inc. |
| Advisor | The Vanguard Group, Inc. |
| Custodian | JPMorgan Chase Bank |
| Distributor | Vanguard Marketing Corporation |
| Portfolio Manager | Stephen McFee |
| Transfer Agent | The Vanguard Group, Inc. |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 2,178 |
| Market Maker | Jane Street |
| Total Expense | 0.07 |
| Management Fee | 0.05 |
| 200 Day M A | 100.13 |
| Country Name | USA |
| 50 Day M A | 99.9319 |
| Code | VTES |
| Updated At | 11th of June 2024 |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01FQJQLX4 |
| Type | ETF |
Vanguard Short Term Tax Exempt [VTES] is traded in USA and was established null. The fund is not listed under any group at this time. The fund at this time have in net assets.
Check Vanguard Short Probability Of Bankruptcy
Vanguard Short Term Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vanguard Short market risk premium is the additional return an investor will receive from holding Vanguard Short long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Vanguard Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Vanguard Short's alpha and beta are two of the key measurements used to evaluate Vanguard Short's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.60) |
Vanguard Short Against Markets
Additional Information and Resources on Investing in Vanguard Etf
When determining whether Vanguard Short Term is a strong investment it is important to analyze Vanguard Short's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Short's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Short Term Tax Exempt. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Vanguard Short Term is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Short's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Short's market value can be influenced by many factors that don't directly affect Vanguard Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.