GSEE vs VTI

GSEE vs VTI

Which is better, GSEE or VTI?

Each has led over a different period.

VTI has a lower expense ratio. GSEE led over 1Y, VTI over 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 35.2%.

Lower Fees: VTIHigher Returns: splitLess Concentrated: VTI

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

MetricGSEEVTI
Expense Ratio0.36%0.03%Best
AUM$139M$666.9B
Dividend Yield2.05%1.03%
Holdings1,8933,543
YTD Return+17.93%Best+12.08%
1Y Return+23.44%Best+16.31%
3Y Return (annualized)+20.23%+20.83%Best
5Y Return (annualized)+7.21%+11.89%Best
Volatility (annualized)16.4%15.6%Best
Max Drawdown-37.5%-25.4%Best
$10,000 over 5 years$14,164$17,537Best
Top 10 Weight35.2%33.3%Best
Fund FamilyGoldman Sachs Asset ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMay 12, 2020May 24, 2001

Volatility and max drawdown are measured over the window both funds cover: May 15, 2020 to Sep 14, 2026 (6.3 years).

GSEE 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 6.3 years both funds cover.

GSEE vs VTI Performance

Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an ETF from Goldman Sachs Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year GSEE returned +23.44% while VTI returned +16.31%. Year to date, GSEE is up 17.93% versus a gain of 12.08% for VTI.

Over three years, GSEE compounded at +20.23% per year against +20.83% for VTI; over five years the annualized figures are +7.21% and +11.89% respectively. Across the full 6-year window we track, VTI has the edge at +17.74% annualized vs +12.12%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GSEE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.6% 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 -37.5% for GSEE and -25.4% 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 0.64. They move together some of the time, and apart the rest.

Fees and Cost Over Time

GSEE charges 0.36% per year while VTI charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, GSEE currently yields 2.05% against 1.03% for VTI.

Holdings Overlap

GSEE already in VTI0.1%

0.1% of GSEE's money is in holdings VTI also owns.

We cannot see either book well enough to say how much of this pair is duplicated.

1 positions in common, counted across the 1,770 positions we hold weights for in GSEE and 3,463 in VTI, against full books of 1,893 and 3,543.

What only one of them owns

Our book lists 1,149 positions for VTI that do not appear in our book for GSEE (97.4% of the fund), and 13 for GSEE that do not appear in VTI (2.4%).

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

StockWeight in GSEEWeight in VTIDifference
HALHalliburton Co.0.07%0.03%0.04%

You are not choosing between two funds in isolation.

Whichever of GSEE and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

GSEEVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, GSEE or VTI?

GSEE has an expense ratio of 0.36% while VTI charges 0.03%. VTI is the cheaper option, by $33 a year on a $10,000 investment.

Which performed better, GSEE or VTI?

Over the past year GSEE returned +23.44% vs +16.31% for VTI, so GSEE leads on 1-year performance. Over the longest common window we track (6 years), GSEE annualized +12.12% vs +17.74% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GSEE or VTI?

GSEE has been the more volatile fund at 16.4% annualized versus 15.6% for VTI. Worst drawdown: GSEE -37.5% vs VTI -25.4%.

Should I hold both GSEE and VTI?

GSEE and VTI have a monthly-return correlation of 0.64, 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, GSEE or VTI?

GSEE yields 2.05% while VTI yields 1.03%, so GSEE currently pays the higher dividend yield.

Is VTI better than GSEE?

VTI has a lower expense ratio. GSEE led over 1Y, VTI over 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 35.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.