AFMC vs VTI

AFMC vs VTI

Which is better, AFMC or VTI?

Mid Cap Blend against Large Cap Blend.

VTI has a lower expense ratio. AFMC led over 1Y, VTI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.

Lower Fees: VTIHigher Returns: split

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

MetricAFMCVTI
Expense Ratio0.68%0.03%Best
AUM$214M$666.9B
Dividend Yield0.69%1.07%
Holdings5263,543
YTD Return+17.39%Best+12.95%
1Y Return+20.43%Best+19.17%
3Y Return (annualized)+19.71%+20.86%Best
5Y Return (annualized)+10.77%+11.72%Best
Volatility (annualized)20.3%17.4%Best
Max Drawdown-42.1%-35.0%Best
$10,000 over 5 years$16,677$17,404Best
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryEquityEquity
StyleMid Cap BlendLarge Cap Blend
InceptionDec 4, 2019May 24, 2001

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Dec 4, 2019 to Sep 8, 2026 (6.8 years).

AFMC 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 6.8 years both funds cover.

AFMC vs VTI Performance

First Trust Active Factor Mid Cap ETF (AFMC) is an ETF from First Trust Portfolios (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year AFMC returned +20.43% while VTI returned +19.17%. Year to date, AFMC is up 17.39% versus a gain of 12.95% for VTI.

Over three years, AFMC compounded at +19.71% per year against +20.86% for VTI; over five years the annualized figures are +10.77% and +11.72% respectively. Across the full 7-year window we track, VTI has the edge at +14.97% annualized vs +12.06%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AFMC has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 17.4% for VTI. 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 -42.1% for AFMC and -35.0% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

AFMC charges 0.68% per year while VTI charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, AFMC currently yields 0.69% against 1.07% for VTI.

Holdings Overlap

AFMC already in VTI75.3%

At least 75.3% of AFMC's money is in holdings VTI also owns.

Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

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

205 positions in common, counted across the 262 positions we hold weights for in AFMC and 2,788 in VTI, against full books of 526 and 3,543.

Top Shared Holdings

StockWeight in AFMCWeight in VTIDifference
RSReliance Steel & Aluminum Co.1.59%0.03%1.56%
CASYCasey's General Stores Inc1.33%0.04%1.29%
MLIMueller Industries1.30%0.02%1.28%
BWABorgwarner Inc.1.26%0.02%1.24%
FHIFederated Investors Inc1.13%0.00%1.13%
EXELExelixis Inc Common Stock Usd 0.0011.10%0.02%1.08%
532804:MBTechnipfmc Plc Ordinary Shares1.01%0.04%0.97%
ATIATI Inc0.94%0.04%0.90%
OASChord Energy Corp0.93%0.00%0.93%
CWCurtiss-Wright Corp.0.87%0.04%0.83%

75.3% of AFMC 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.

AFMCVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, AFMC or VTI?

AFMC has an expense ratio of 0.68% while VTI charges 0.03%. VTI is the cheaper option, by $65 a year on a $10,000 investment.

Which performed better, AFMC or VTI?

Over the past year AFMC returned +20.43% vs +19.17% for VTI, so AFMC leads on 1-year performance. Over the longest common window we track (7 years), AFMC annualized +12.06% vs +14.97% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AFMC or VTI?

AFMC has been the more volatile fund at 20.3% annualized versus 17.4% for VTI. Worst drawdown: AFMC -42.1% vs VTI -35.0%.

Should I hold both AFMC and VTI?

AFMC and VTI have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between AFMC and VTI?

At least 75.3% of AFMC's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 205 positions in common, counted across the 262 positions we hold weights for in AFMC and 2,788 in VTI.

Which pays a higher dividend, AFMC or VTI?

AFMC yields 0.69% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

Is VTI better than AFMC?

VTI has a lower expense ratio. AFMC led over 1Y, VTI over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.