EVT vs VTI
Eaton Vance Tax-Advantaged Dividend Income Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, EVT or VTI?
Equity-oriented Balanced against Large Cap Blend.
VTI has a lower expense ratio. EVT led over 1Y, VTI over 3Y, 5Y and the full window. EVT is less concentrated, with 29.9% 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 | EVT | VTI |
|---|---|---|
| Expense Ratio | 1.59% | 0.03%Best |
| AUM | $1.8B | $666.9B |
| Dividend Yield | 6.48% | 1.03% |
| Holdings | 152 | 3,543 |
| YTD Return | +18.20%Best | +13.14% |
| 1Y Return | +26.16%Best | +16.63% |
| 3Y Return (annualized) | +18.71% | +22.30%Best |
| 5Y Return (annualized) | +8.33% | +12.01%Best |
| Volatility (annualized) | 20.7% | 15.0%Best |
| Max Drawdown | -77.9% | -56.6%Best |
| $10,000 over 5 years | $14,919 | $17,631Best |
| Top 10 Weight | 29.9%Best | 33.3% |
| Fund Family | Eaton Vance | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Equity-oriented Balanced | Large Cap Blend |
| Inception | Sep 30, 2003 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2003 to Sep 23, 2026 (23 years).
EVT 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 23 years both funds cover.
EVT vs VTI Performance
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) is an ETF from Eaton Vance and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year EVT returned +26.16% while VTI returned +16.63%. Year to date, EVT is up 18.20% versus a gain of 13.14% for VTI.
Over three years, EVT compounded at +18.71% per year against +22.30% for VTI; over five years the annualized figures are +8.33% and +12.01% respectively. Across the full 23-year window we track, VTI has the edge at +9.79% annualized vs +3.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EVT has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 15.0% 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 -77.9% for EVT and -56.6% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EVT charges 1.59% per year while VTI charges 0.03%. On a $10,000 position that is $159 vs $3 annually, a gap of $156 per year that compounds over a long holding period. On income, EVT currently yields 6.48% against 1.03% for VTI.
Holdings Overlap
82.0% of EVT's money is in holdings VTI also owns. 33.2% of VTI's money is in holdings EVT also owns.
Most of EVT is already inside VTI. Owning both mostly buys the same companies twice.
71 positions in common, counted across the 136 positions we hold weights for in EVT and 3,463 in VTI, against full books of 152 and 3,543.
What only one of them owns
Our book lists 1,079 positions for VTI that do not appear in our book for EVT (64.3% of the fund), and 60 for EVT that do not appear in VTI (13.2%).
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 EVT | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.72% | 6.29% | 3.57% |
| MUMicron Technology, Inc. | 7.59% | 1.29% | 6.30% |
| AMZNAmazon.Com Inc | 2.79% | 3.65% | 0.86% |
| MSFTMicrosoft Corp | 0.62% | 4.79% | 4.17% |
| JPMJpmorgan Chase | 3.73% | 1.31% | 2.42% |
| GOOGAlphabet Inc | 2.51% | 2.31% | 0.20% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.57% | 0.57% | 2.00% |
| AMDAdvanced Micro Devices Inc | 1.68% | 1.08% | 0.60% |
| INTCIntel Corporation | 2.24% | 0.50% | 1.74% |
| BACBank Of America Corp. | 1.96% | 0.55% | 1.41% |
82.0% of EVT 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, EVT or VTI?
EVT has an expense ratio of 1.59% while VTI charges 0.03%. VTI is the cheaper option, by $156 a year on a $10,000 investment.
Which performed better, EVT or VTI?
Over the past year EVT returned +26.16% vs +16.63% for VTI, so EVT leads on 1-year performance. Over the longest common window we track (23 years), EVT annualized +3.45% vs +9.79% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVT or VTI?
EVT has been the more volatile fund at 20.7% annualized versus 15.0% for VTI. Worst drawdown: EVT -77.9% vs VTI -56.6%.
Should I hold both EVT and VTI?
EVT and VTI have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EVT and VTI?
82.0% of EVT's money is in holdings VTI also owns. 33.2% of VTI's is in holdings EVT also owns. They hold 71 positions in common, counted across the 136 positions we hold weights for in EVT and 3,463 in VTI.
Which pays a higher dividend, EVT or VTI?
EVT yields 6.48% while VTI yields 1.03%, so EVT currently pays the higher dividend yield.
Is VTI better than EVT?
VTI has a lower expense ratio. EVT led over 1Y, VTI over 3Y, 5Y and the full window. EVT is less concentrated, with 29.9% 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.