GPZ vs VTI
VanEck Alternative Asset Manager ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, GPZ or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 69.9%.
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 | GPZ | VTI |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $229M | $690.1B |
| Dividend Yield | 0.89% | 1.03% |
| Holdings | 42 | 3,524 |
| YTD Return | -22.66% | +13.35%Best |
| 1Y Return | -20.46% | +15.92%Best |
| 3Y Return (annualized) | - | +23.41% |
| 5Y Return (annualized) | - | +12.83% |
| Volatility (annualized) | 26.9% | 11.4%Best |
| Max Drawdown | -31.7% | -8.9%Best |
| $10,000 over 1.3 years | $8,637 | $13,113Best |
| Top 10 Weight | 69.9% | 33.3%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jun 4, 2025 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 5, 2025 to Oct 2, 2026 (1.3 years).
GPZ 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 1.3 years both funds cover.
GPZ vs VTI Performance
VanEck Alternative Asset Manager ETF (GPZ) is an ETF from VanEck and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year GPZ returned -20.46% while VTI returned +15.92%. Year to date, GPZ is down 22.66% versus a gain of 13.35% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPZ has been the more volatile fund, with annualized monthly volatility of 26.9% compared with 11.4% 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 -31.7% for GPZ and -8.9% 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GPZ charges 0.40% per year while VTI charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, GPZ currently yields 0.89% against 1.03% for VTI.
Holdings Overlap
61.0% of GPZ's money is in holdings VTI also owns. 0.4% of VTI's money is in holdings GPZ also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, GPZ as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
11 positions in common, counted across the 20 positions we hold weights for in GPZ and 3,463 in VTI, against full books of 42 and 3,524.
What only one of them owns
Our book lists 1,142 positions for VTI that do not appear in our book for GPZ (97.1% of the fund), and 0 for GPZ that do not appear in VTI (0.0%).
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 GPZ | Weight in VTI | Difference |
|---|---|---|---|
| BXBlackstone Group Inc. Class A | 12.61% | 0.13% | 12.48% |
| KKRKkr & Co. Inc. Class a | 10.30% | 0.09% | 10.21% |
| APOAthene (Ath) / Apollo Global Management (Apo) | 7.62% | 0.07% | 7.55% |
| ARESAres Management Corp A | 6.96% | 0.04% | 6.92% |
| CGCarlyle Group Inc. | 4.18% | 0.02% | 4.16% |
| HLNEHamilton Lane Inc | 3.97% | 0.00% | 3.97% |
| OWLBlue Owl Capital, Inc. Class A | 3.92% | 0.01% | 3.91% |
| HASIHa Sustainable Infrastructure Capital Inc | 3.62% | 0.01% | 3.61% |
| TPGTpg Inc | 2.91% | 0.01% | 2.90% |
| DBRGDigitalbridge Group Inc. | 2.67% | 0.00% | 2.67% |
61.0% of GPZ 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, GPZ or VTI?
GPZ has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, GPZ or VTI?
Over the past year GPZ returned -20.46% vs +15.92% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (1 years), GPZ annualized -10.66% vs +23.18% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPZ or VTI?
GPZ has been the more volatile fund at 26.9% annualized versus 11.4% for VTI. Worst drawdown: GPZ -31.7% vs VTI -8.9%.
Should I hold both GPZ and VTI?
GPZ and VTI have a monthly-return correlation of 0.41, 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 GPZ and VTI?
61.0% of GPZ's money is in holdings VTI also owns. 0.4% of VTI's is in holdings GPZ also owns. They hold 11 positions in common, counted across the 20 positions we hold weights for in GPZ and 3,463 in VTI.
Which pays a higher dividend, GPZ or VTI?
GPZ yields 0.89% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than GPZ?
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 69.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.