sotnkcorrelations

VTES Vanguard Short-Term Tax-Exempt Bond ETF

Last close: 100.79
504-day return: +5.97%
Median $/day: $11.2M
Significant pairs: 502

VTES vs JMUB

Both indexed to 100 at 2026-05-11.

VTES JMUB · range 95–101 · 2026-05-11 → 2026-11-06

Moves with VTES

Same-day co-movement.

Symbol	$/day	Lag	ρ	Holdout ρ	Stability	q	Tier
JMUB JPMorgan Municipal ETF	$34.6M	0d	+0.77	+0.88	100%	<1e-15	robust
MUB iShares National Muni Bond ETF	$438.8M	0d	+0.76	+0.88	100%	<1e-15	robust
VTEB Vanguard Tax-Exempt Bond Index Fund	$314.1M	0d	+0.76	+0.88	100%	<1e-15	robust
FMB First Trust Exchange-Traded Fund III First Trust Managed Municipal ETF	$8.0M	0d	+0.76	+0.88	100%	<1e-15	robust
TFI State Street SPDR Nuveen ICE Municipal Bond ETF	$22.8M	0d	+0.76	+0.87	100%	<1e-15	robust
VTEI Vanguard Intermediate-Term Tax-Exempt Bond ETF	$6.6M	0d	+0.75	+0.88	100%	<1e-15	robust
MUNI PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	$15.6M	0d	+0.75	+0.85	100%	<1e-15	robust
SCMB Schwab Municipal Bond ETF	$17.9M	0d	+0.74	+0.87	100%	<1e-15	robust
TAXE T. Rowe Price Exchange-Traded Funds, Inc. Intermediate Municipal Income ETF	$251k	0d	+0.74	+0.85	100%	<1e-15	robust
CMF iShares California Muni Bond ETF	$25.7M	0d	+0.74	+0.87	100%	<1e-15	robust
NYF iShares New York Muni Bond ETF	$6.2M	0d	+0.74	+0.89	100%	<1e-15	robust
ITM VanEck Intermediate Muni ETF	$11.1M	0d	+0.73	+0.87	100%	<1e-15	robust
BSMY Invesco Exchange-Traded Self-Indexed Fund Trust Invesco BulletShares 2034 Municipal Bond ETF	$312k	0d	+0.73	+0.83	100%	<1e-15	robust
EVIM Eaton Vance Intermediate Municipal Income ETF	$773k	0d	+0.72	+0.81	100%	<1e-15	robust
PZA Invesco National AMT-Free Municipal Bond ETF	$25.6M	0d	+0.70	+0.82	100%	<1e-15	robust

Moves against VTES

Symbol	$/day	Lag	ρ	Holdout ρ	Stability	q	Tier
PFIX Simplify Interest Rate Hedge ETF	$11.4M	0d	-0.50	-0.53	100%	<1e-15	robust