BCAT vs VTI
BlackRock Capital Allocation Term Trust vs Vanguard Morningstar Total Stock Market ETF
Which is better, BCAT or VTI?
Allocation/Balanced against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window.
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
| Metric | BCAT | VTI |
|---|---|---|
| Expense Ratio | 1.41% | 0.03%Best |
| AUM | $1.5B | $666.9B |
| Dividend Yield | 21.97% | 1.03% |
| Holdings | 917 | 3,543 |
| YTD Return | +11.47% | +11.95%Best |
| 1Y Return | +13.93% | +15.05%Best |
| 3Y Return (annualized) | +18.81% | +22.32%Best |
| 5Y Return (annualized) | +7.24% | +12.50%Best |
| Volatility (annualized) | 15.7% | 15.6%Best |
| Max Drawdown | -36.1% | -25.4%Best |
| $10,000 over 5 years | $14,184 | $18,020Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Sep 25, 2020 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 25, 2020 to Sep 30, 2026 (6 years).
BCAT 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 years both funds cover.
BCAT vs VTI Performance
BlackRock Capital Allocation Term Trust (BCAT) is an ETF from BlackRock, Inc. (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year BCAT returned +13.93% while VTI returned +15.05%. Year to date, BCAT is up 11.47% versus a gain of 11.95% for VTI.
Over three years, BCAT compounded at +18.81% per year against +22.32% for VTI; over five years the annualized figures are +7.24% and +12.50% respectively. Across the full 6-year window we track, VTI has the edge at +15.83% annualized vs +6.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCAT has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.6% 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 -36.1% for BCAT and -25.4% 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCAT charges 1.41% per year while VTI charges 0.03%. On a $10,000 position that is $141 vs $3 annually, a gap of $138 per year that compounds over a long holding period. On income, BCAT currently yields 21.97% against 1.03% for VTI.
Holdings Overlap
At least 51.5% of VTI's money is in holdings BCAT also owns.
Stated as a floor: for BCAT, our book for it covers 64.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 212 days apart, BCAT as of Dec 31, 2025 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
119 positions in common, counted across the 315 positions we hold weights for in BCAT and 3,463 in VTI, against full books of 917 and 3,543.
Top Shared Holdings
| Stock | Weight in BCAT | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.35% | 6.40% | 4.05% |
| AAPLApple, Inc | 1.93% | 6.29% | 4.36% |
| MSFTMicrosoft Corp | 3.10% | 4.79% | 1.69% |
| AMZNAmazon.Com Inc | 2.36% | 3.65% | 1.29% |
| GOOGAlphabet Inc | 2.48% | 2.31% | 0.17% |
| AVGOBroadcom Inc | 1.31% | 2.56% | 1.25% |
| METAMeta Platforms Inc | 0.93% | 1.70% | 0.77% |
| LLYEli Lilly & Co. | 1.24% | 1.35% | 0.11% |
| MUMicron Technology, Inc. | 1.14% | 1.29% | 0.15% |
| TSLATesla Inc | 0.68% | 1.22% | 0.54% |
51.5% of VTI is already inside BCAT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCAT or VTI?
BCAT has an expense ratio of 1.41% while VTI charges 0.03%. VTI is the cheaper option, by $138 a year on a $10,000 investment.
Which performed better, BCAT or VTI?
Over the past year BCAT returned +13.93% vs +15.05% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (6 years), BCAT annualized +6.84% vs +15.83% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCAT or VTI?
BCAT has been the more volatile fund at 15.7% annualized versus 15.6% for VTI. Worst drawdown: BCAT -36.1% vs VTI -25.4%.
Should I hold both BCAT and VTI?
BCAT and VTI have a monthly-return correlation of 0.78, 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 BCAT and VTI?
At least 51.5% of VTI's money is in holdings BCAT also owns. Our book for BCAT is partial, so the real figure is this or higher. They hold 119 positions in common, counted across the 315 positions we hold weights for in BCAT and 3,463 in VTI.
Which pays a higher dividend, BCAT or VTI?
BCAT yields 21.97% while VTI yields 1.03%, so BCAT currently pays the higher dividend yield.
Is VTI better than BCAT?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.