EMSF vs VTI

Quick Verdict

VTI has a lower expense ratio. EMSF delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: EMSFMore Diversified: VTI

Side-by-Side Comparison

MetricEMSFVTIWinner
Expense Ratio0.79%0.03%
AUM$43M$663.5B
Dividend Yield1.30%1.07%
Holdings603,543
YTD Return+32.66%+13.87%
1Y Return+46.37%+23.31%
3Y Return (annualized)+17.96%+21.17%
5Y Return (annualized)-+12.23%
Volatility (annualized)22.6%15.3%
Max Drawdown-24.8%-56.6%
Fund FamilyMatthews Asia FundsVanguard (US)
CategoryEquityEquity
InceptionSep 21, 2023May 24, 2001

EMSF vs VTI Performance

Matthews Emerging Markets Sustainable Future Active ETF (EMSF) is a ETF from Matthews Asia Funds and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year EMSF returned +46.37% while VTI returned +23.31%. Year to date, EMSF is up 32.66% versus a gain of 13.87% for VTI.

Over three years, EMSF compounded at +17.96% per year against +21.17% for VTI. Across the full 3-year window we track, EMSF has the edge at +17.96% annualized vs +8.13%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EMSF has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 15.3% 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 -24.8% for EMSF and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EMSF charges 0.79% per year while VTI charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, EMSF currently yields 1.30% against 1.07% for VTI.

Holdings Overlap

2.5%overlap

EMSF and VTI share 2 holdings out of 2835 unique holdings combined, representing a 2.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EMSFWeight in VTIDifference
MU3.60%1.79%1.81%
LRCX2.10%0.74%1.36%

Frequently Asked Questions

Which is cheaper, EMSF or VTI?

EMSF has an expense ratio of 0.79% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, EMSF or VTI?

Over the past year EMSF returned +46.37% vs +23.31% for VTI, so EMSF leads on 1-year performance. Over the longest common window we track (3 years), EMSF annualized +17.96% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, EMSF or VTI?

EMSF has been the more volatile fund at 22.6% annualized versus 15.3% for VTI. Worst drawdown: EMSF -24.8% vs VTI -56.6%.

Should I hold both EMSF and VTI?

EMSF and VTI have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EMSF and VTI?

EMSF and VTI share 2 common holdings with a 2.5% weight overlap. Combined, they hold 2835 unique securities.

Which pays a higher dividend, EMSF or VTI?

EMSF yields 1.30% while VTI yields 1.07%, so EMSF currently pays the higher dividend yield.

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