BCDF vs VTI
Horizon Kinetics Blockchain Development ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, BCDF or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y 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 | BCDF | VTI |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $24M | $666.9B |
| Dividend Yield | 2.25% | 1.03% |
| Holdings | 37 | 3,543 |
| YTD Return | +7.35% | +12.30%Best |
| 1Y Return | +7.48% | +16.08%Best |
| 3Y Return (annualized) | +16.87% | +21.01%Best |
| 5Y Return (annualized) | - | +12.36% |
| Volatility (annualized) | 15.3% | 14.5%Best |
| Max Drawdown | -27.7% | -19.3%Best |
| $10,000 over 4.1 years | $13,354 | $19,317Best |
| Fund Family | Horizon Kinetics LLC | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Aug 1, 2022 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 2, 2022 to Sep 18, 2026 (4.1 years).
BCDF 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 4.1 years both funds cover.
BCDF vs VTI Performance
Horizon Kinetics Blockchain Development ETF (BCDF) is an ETF from Horizon Kinetics LLC and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year BCDF returned +7.48% while VTI returned +16.08%. Year to date, BCDF is up 7.35% versus a gain of 12.30% for VTI.
Over three years, BCDF compounded at +16.87% per year against +21.01% for VTI. Across the full 4-year window we track, VTI has the edge at +17.42% annualized vs +7.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCDF has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.5% 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 -27.7% for BCDF 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCDF charges 0.85% per year while VTI charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, BCDF currently yields 2.25% against 1.03% for VTI.
Holdings Overlap
At least 0.5% of VTI's money is in holdings BCDF also owns.
Stated as a floor: for BCDF, our book for it covers 91.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
17 positions in common, counted across the 33 positions we hold weights for in BCDF and 3,463 in VTI, against full books of 37 and 3,543.
Top Shared Holdings
| Stock | Weight in BCDF | Weight in VTI | Difference |
|---|---|---|---|
| CBOECboe Global Market | 7.11% | 0.05% | 7.06% |
| CACICaci International Inc | 5.52% | 0.02% | 5.50% |
| NDAQNasdaq Inc. | 5.00% | 0.07% | 4.93% |
| ICEInternational Exchange, Inc. | 4.68% | 0.12% | 4.56% |
| WETFWisdomtree International Equity | 4.32% | 0.00% | 4.32% |
| MIAXMiami International Holdings, Inc. | 3.44% | 0.01% | 3.43% |
| HEHawaiian Electric Industr | 3.27% | 0.00% | 3.27% |
| SAICScience Applications International Corp | 3.25% | 0.01% | 3.24% |
| TWTradeweb Markets Inc | 3.07% | 0.02% | 3.05% |
| GLXYGalaxy Digital Inc Class A | 2.70% | 0.01% | 2.69% |
You are not choosing between two funds in isolation.
Whichever of BCDF and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCDF or VTI?
BCDF has an expense ratio of 0.85% while VTI charges 0.03%. VTI is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, BCDF or VTI?
Over the past year BCDF returned +7.48% vs +16.08% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), BCDF annualized +7.31% vs +17.42% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCDF or VTI?
BCDF has been the more volatile fund at 15.3% annualized versus 14.5% for VTI. Worst drawdown: BCDF -27.7% vs VTI -19.3%.
Should I hold both BCDF and VTI?
BCDF and VTI have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BCDF or VTI?
BCDF yields 2.25% while VTI yields 1.03%, so BCDF currently pays the higher dividend yield.
Is VTI better than BCDF?
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.