EVNT vs VTI
AltShares Event Driven ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | EVNT | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 1.33% | 0.03% | |
| AUM | $13M | $663.5B | |
| Dividend Yield | 4.53% | 1.07% | |
| Holdings | 82 | 3,543 | |
| YTD Return | +7.28% | +14.20% | |
| 1Y Return | +12.53% | +24.16% | |
| 3Y Return (annualized) | +9.94% | +21.12% | |
| 5Y Return (annualized) | +5.26% | +12.37% | |
| Volatility (annualized) | 7.2% | 15.3% | |
| Max Drawdown | -13.8% | -56.6% | |
| Fund Family | AltShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 20, 2021 | May 24, 2001 |
EVNT vs VTI Performance
AltShares Event Driven ETF (EVNT) is a ETF from AltShares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year EVNT returned +12.53% while VTI returned +24.16%. Year to date, EVNT is up 7.28% versus a gain of 14.20% for VTI.
Over three years, EVNT compounded at +9.94% per year against +21.12% for VTI; over five years the annualized figures are +5.26% and +12.37% respectively. Across the full 5-year window we track, VTI has the edge at +8.14% annualized vs +5.26%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.2% for EVNT. 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 -13.8% for EVNT 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EVNT charges 1.33% per year while VTI charges 0.03%. On a $10,000 position that is $133 vs $3 annually, a gap of $130 per year that compounds over a long holding period. On income, EVNT currently yields 4.53% against 1.07% for VTI.
Holdings Overlap
EVNT and VTI share 44 holdings out of 2817 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EVNT or VTI?
EVNT has an expense ratio of 1.33% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $130 per year of difference.
Which performed better, EVNT or VTI?
Over the past year EVNT returned +12.53% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (5 years), EVNT annualized +5.26% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, EVNT or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 7.2% for EVNT. Worst drawdown: EVNT -13.8% vs VTI -56.6%.
Should I hold both EVNT and VTI?
EVNT and VTI have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EVNT and VTI?
EVNT and VTI share 44 common holdings with a 1.6% weight overlap. Combined, they hold 2817 unique securities.
Which pays a higher dividend, EVNT or VTI?
EVNT yields 4.53% while VTI yields 1.07%, so EVNT currently pays the higher dividend yield.
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