CARD vs VTI
MAX Auto Industry -3X Inverse Leveraged ETN vs Vanguard Morningstar Total Stock Market ETF
Which is better, CARD or VTI?
Opposite sides of the same exposure.
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 78.4%.
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 | CARD | VTI |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $2M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 24 | 3,524 |
| YTD Return | +9.48% | +12.64%Best |
| 1Y Return | +1.52% | +12.58%Best |
| 3Y Return (annualized) | -55.87% | +24.33%Best |
| 5Y Return (annualized) | - | +11.30% |
| Volatility (annualized) | 72.5% | 12.9%Best |
| Max Drawdown | -93.7% | -19.3%Best |
| $10,000 over 3.3 years | $1,310 | $17,957Best |
| Top 10 Weight | 78.4% | 33.5%Best |
| Fund Family | BMO Capital Markets | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jun 30, 2023 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 28, 2023 to Oct 26, 2026 (3.3 years).
CARD 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 3.3 years both funds cover.
CARD vs VTI Performance
MAX Auto Industry -3X Inverse Leveraged ETN (CARD) is an ETF from BMO Capital Markets and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year CARD returned +1.52% while VTI returned +12.58%. Year to date, CARD is up 9.48% versus a gain of 12.64% for VTI.
Over three years, CARD compounded at -55.87% per year against +24.33% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CARD has been the more volatile fund, with annualized monthly volatility of 72.5% compared with 12.9% 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 -93.7% for CARD 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 -0.62. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
CARD charges 0.95% per year while VTI charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, CARD currently yields 0.00% against 1.06% for VTI.
Holdings Overlap
90.7% of CARD's money is in holdings VTI also owns. 1.9% of VTI's money is in holdings CARD also owns.
They hold the same names on opposite sides, so owning both offsets the exposure rather than doubling it.
20 positions in common, counted across the 24 positions we hold weights for in CARD and 3,441 in VTI, against full books of 24 and 3,524.
What only one of them owns
Our book lists 1,141 positions for VTI that do not appear in our book for CARD (95.7% of the fund), and 1 for CARD that do not appear in VTI (0.9%).
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
| Stock | Weight in CARD | Weight in VTI | Difference |
|---|---|---|---|
| TSLATesla Inc | 12.53% | 1.40% | 11.13% |
| AZOAutozone Inc Snr S* Ice | 12.48% | 0.07% | 12.41% |
| FFord Motor Co | 8.51% | 0.07% | 8.44% |
| ORLYO'Eilly Automotive, Inc. | 8.39% | 0.10% | 8.29% |
| CVNACarvana Co | 8.39% | 0.07% | 8.32% |
| RIVNRivian Automotive | 8.29% | 0.02% | 8.27% |
| GMGeneral Motors Co | 7.79% | 0.11% | 7.68% |
| GPCGenuine Parts Co | 4.46% | 0.03% | 4.43% |
| KMXCarmax Inc. | 3.44% | 0.01% | 3.43% |
| LCIDLucid Group Inc 0.00000000 | 2.26% | 0.00% | 2.26% |
90.7% of CARD 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CARD or VTI?
CARD has an expense ratio of 0.95% while VTI charges 0.03%. VTI is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, CARD or VTI?
Over the past year CARD returned +1.52% vs +12.58% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CARD or VTI?
CARD has been the more volatile fund at 72.5% annualized versus 12.9% for VTI. Worst drawdown: CARD -93.7% vs VTI -19.3%.
Should I hold both CARD and VTI?
CARD and VTI have a monthly-return correlation of -0.62, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
What is the holdings overlap between CARD and VTI?
90.7% of CARD's money is in holdings VTI also owns. 1.9% of VTI's is in holdings CARD also owns. They hold 20 positions in common, counted across the 24 positions we hold weights for in CARD and 3,441 in VTI.
Which pays a higher dividend, CARD or VTI?
CARD yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than CARD?
VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 78.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.