AELV vs VTI

AELV vs VTI

Which is better, AELV or VTI?

Large Cap Value against Large Cap Blend.

VTI has a lower expense ratio. AELV led over 1Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 37.5%.

Lower Fees: VTIHigher Returns: splitLess Concentrated: VTI

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricAELVVTI
Expense Ratio0.25%0.03%Best
AUM$5M$666.9B
Dividend Yield1.33%1.03%
Holdings753,543
YTD Return+12.46%Best+11.53%
1Y Return+18.91%Best+15.74%
3Y Return (annualized)-+20.67%
5Y Return (annualized)-+11.59%
Volatility (annualized)10.6%Best13.1%
Max Drawdown-16.6%Best-19.3%
$10,000 over 2 years$13,591$14,040Best
Top 10 Weight37.5%33.3%Best
Fund FamilyHarbor FundsVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionSep 4, 2024May 24, 2001

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 5, 2024 to Sep 15, 2026 (2 years).

AELV vs VTI growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.

AELV vs VTI Performance

Harbor AlphaEdge Large Cap Value ETF (AELV) is an ETF from Harbor Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year AELV returned +18.91% while VTI returned +15.74%. Year to date, AELV is up 12.46% versus a gain of 11.53% for VTI.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 10.6% for AELV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -16.6% for AELV and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AELV charges 0.25% per year while VTI charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, AELV currently yields 1.33% against 1.03% for VTI.

Holdings Overlap

AELV already in VTI97.4%
VTI already in AELV39.3%

97.4% of AELV's money is in holdings VTI also owns. 39.3% of VTI's money is in holdings AELV also owns.

Most of AELV is already inside VTI. Owning both mostly buys the same companies twice.

70 positions in common, counted across the 75 positions we hold weights for in AELV and 3,463 in VTI, against full books of 75 and 3,543.

What only one of them owns

Our book lists 1,080 positions for VTI that do not appear in our book for AELV (58.1% of the fund), and 2 for AELV that do not appear in VTI (1.1%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in AELVWeight in VTIDifference
AAPLApple, Inc7.17%6.29%0.88%
NVDANvidia Corp1.92%6.40%4.48%
AMZNAmazon.Com Inc3.13%3.65%0.52%
MSFTMicrosoft Corp1.71%4.79%3.08%
JNJJohnson & Johnson - Common4.86%0.86%4.00%
BACBank of America Corp.: Financials4.03%0.55%3.48%
VVisa Inc Class A2.95%0.83%2.12%
BKBank Of New York Mellon Corp3.26%0.15%3.11%
GOOGLAlphabet Inc,class A0.49%2.90%2.41%
GDGeneral Dynamics Corp.3.21%0.14%3.07%

97.4% of AELV is already inside VTI.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

AELVVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, AELV or VTI?

AELV has an expense ratio of 0.25% while VTI charges 0.03%. VTI is the cheaper option, by $22 a year on a $10,000 investment.

Which performed better, AELV or VTI?

Over the past year AELV returned +18.91% vs +15.74% for VTI, so AELV leads on 1-year performance. Over the longest common window we track (2 years), AELV annualized +16.58% vs +18.49% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AELV or VTI?

VTI has been the more volatile fund at 13.1% annualized versus 10.6% for AELV. Worst drawdown: AELV -16.6% vs VTI -19.3%.

Should I hold both AELV and VTI?

AELV and VTI have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between AELV and VTI?

97.4% of AELV's money is in holdings VTI also owns. 39.3% of VTI's is in holdings AELV also owns. They hold 70 positions in common, counted across the 75 positions we hold weights for in AELV and 3,463 in VTI.

Which pays a higher dividend, AELV or VTI?

AELV yields 1.33% while VTI yields 1.03%, so AELV currently pays the higher dividend yield.

Is VTI better than AELV?

VTI has a lower expense ratio. AELV led over 1Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 37.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.