MARKETS
Which Is the Better Short-Term Bond ETF, Vanguard's VTES or VanEck's SMB?
The VanEck Short Muni ETF (NYSEMKT:SMB) and Vanguard Short-Term Tax-Exempt Bond ETF (NYSEMKT:VTES) both target the short-end of the municipal bond market, offering federal tax-exempt income with low volatility. Investors seeking to park cash in a tax-advantaged way often look to short-duration municipal bonds. These funds provide a buffer against interest rate swings while keeping money accessible.
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