VTEI - Vanguard Intermediate-Term Tax-Exempt Bond ETF
The Target Index measures the performance of investment-grade, fixed-rate U. S. municipal bonds with maturities between one month and 20 years, as determined by the index Provider.
As of Oct 14, 2026: spot at $96.06, ATM IV 16.0%, net GEX $0.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $1.60B
- Beta
- 0.16
- 52-Week Range
- 94.39-102.662
- Dividend Yield
- $3.11
- IPO Date
- Jan 30, 2024
- Exchange
- CBOE
What VTEI Looks Like to Options Traders Today
IV rank of 25.1% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.008) is roughly flat across the wings.
What This Page Covers
The VTEI overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
VTEI fund facts: expense ratio 0.08%, assets under management $1.60B, NAV $94.95 as of the data source's update on Oct 8, 2026, launched Jan 26, 2024, issued by Vanguard. See the VTEI holdings.
Frequently asked VTEI overview questions
- What is VTEI?
- VTEI is the ticker symbol for Vanguard Intermediate-Term Tax-Exempt Bond ETF, an listed exchange-traded fund. The Target Index measures the performance of investment-grade, fixed-rate U. S. Listed on CBOE. VTEI is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the VTEI options snapshot look like today?
- As of Oct 14, 2026, the VTEI options snapshot shows spot at $96.06, ATM IV 16.0%, IV rank 25.1%, net GEX $0, expected move 4.59%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are VTEI's key statistics?
- Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) carries a market capitalization of $1.60B, 52-week range of 94.39-102.662. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does VTEI belong to?
- Vanguard Intermediate-Term Tax-Exempt Bond ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare VTEI's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the VTEI data on this page?
- The options snapshot above is dated Oct 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.