DWX vs VTI
State Street SPDR S&P International Dividend ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, DWX or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. DWX is less concentrated, with 21.1% of the fund in its ten largest positions against 33.3%.
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 | DWX | VTI |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $530M | $666.9B |
| Dividend Yield | 4.10% | 1.03% |
| Holdings | 122 | 3,543 |
| YTD Return | +9.71% | +11.53%Best |
| 1Y Return | +13.50% | +15.74%Best |
| 3Y Return (annualized) | +15.56% | +20.67%Best |
| 5Y Return (annualized) | +8.02% | +11.59%Best |
| Volatility (annualized) | 19.9% | 16.1%Best |
| Max Drawdown | -69.3% | -52.6%Best |
| $10,000 over 5 years | $14,707 | $17,303Best |
| Top 10 Weight | 21.1%Best | 33.3% |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Feb 12, 2008 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Feb 19, 2008 to Sep 15, 2026 (18.6 years).
DWX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DWX vs VTI Performance
State Street SPDR S&P International Dividend ETF (DWX) is an ETF from SPDR State Street Global Advisors and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DWX returned +13.50% while VTI returned +15.74%. Year to date, DWX is up 9.71% versus a gain of 11.53% for VTI.
Over three years, DWX compounded at +15.56% per year against +20.67% for VTI; over five years the annualized figures are +8.02% and +11.59% respectively. Across the full 19-year window we track, VTI has the edge at +10.11% annualized vs -1.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWX has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 16.1% 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 -69.3% for DWX and -52.6% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWX charges 0.45% per year while VTI charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, DWX currently yields 4.10% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 102 holdings in DWX and 3,463 in VTI, totalling 99.1% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in DWX and 3,463 in VTI, against full books of 122 and 3,543.
What only one of them owns
Our book lists 1,150 positions for VTI that do not appear in our book for DWX (97.5% of the fund), and 3 for DWX that do not appear in VTI (3.1%).
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.
You are not choosing between two funds in isolation.
Whichever of DWX 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, DWX or VTI?
DWX has an expense ratio of 0.45% while VTI charges 0.03%. VTI is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, DWX or VTI?
Over the past year DWX returned +13.50% vs +15.74% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (19 years), DWX annualized -1.10% vs +10.11% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWX or VTI?
DWX has been the more volatile fund at 19.9% annualized versus 16.1% for VTI. Worst drawdown: DWX -69.3% vs VTI -52.6%.
Should I hold both DWX and VTI?
DWX and VTI have a monthly-return correlation of 0.77, 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, DWX or VTI?
DWX yields 4.10% while VTI yields 1.03%, so DWX currently pays the higher dividend yield.
Is VTI better than DWX?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. DWX is less concentrated, with 21.1% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.