HAPS vs VTI
Harbor Human Capital Factor US Small Cap ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, HAPS or VTI?
Small Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. HAPS led over 1Y, VTI over 3Y and the full window.
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 | HAPS | VTI |
|---|---|---|
| Expense Ratio | 0.61% | 0.03%Best |
| AUM | $176M | $666.9B |
| Dividend Yield | 0.48% | 1.07% |
| Holdings | 196 | 3,543 |
| YTD Return | +20.29%Best | +12.95% |
| 1Y Return | +22.42%Best | +19.17% |
| 3Y Return (annualized) | +14.68% | +20.86%Best |
| 5Y Return (annualized) | - | +11.72% |
| Volatility (annualized) | 19.3% | 13.0%Best |
| Max Drawdown | -27.4% | -19.3%Best |
| $10,000 over 3.4 years | $15,271 | $19,151Best |
| Fund Family | Harbor Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Mar 27, 2023 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 13, 2023 to Sep 8, 2026 (3.4 years).
HAPS 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 3.4 years both funds cover.
HAPS vs VTI Performance
Harbor Human Capital Factor US Small Cap ETF (HAPS) is an ETF from Harbor Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year HAPS returned +22.42% while VTI returned +19.17%. Year to date, HAPS is up 20.29% versus a gain of 12.95% for VTI.
Over three years, HAPS compounded at +14.68% per year against +20.86% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HAPS has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 13.0% 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 -27.4% for HAPS and -19.3% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HAPS charges 0.61% per year while VTI charges 0.03%. On a $10,000 position that is $61 vs $3 annually, a gap of $58 per year that compounds over a long holding period. On income, HAPS currently yields 0.48% against 1.07% for VTI.
Holdings Overlap
At least 71.8% of HAPS's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of HAPS is already inside VTI. Owning both mostly buys the same companies twice.
135 positions in common, counted across the 196 positions we hold weights for in HAPS and 2,788 in VTI, against full books of 196 and 3,543.
Top Shared Holdings
| Stock | Weight in HAPS | Weight in VTI | Difference |
|---|---|---|---|
| TWSTTwist Bioscience Corp. | 3.76% | 0.00% | 3.76% |
| KYMRKymera Therapeutics Inc | 2.34% | 0.01% | 2.33% |
| OGNOrganon & Co Ordinary Shares | 1.66% | 0.00% | 1.66% |
| SXTSensient Technologies Corp | 1.64% | 0.00% | 1.64% |
| VSATViasat Inc.(vsat) | 1.42% | 0.02% | 1.40% |
| HWCHancock Whitney Corp Common Stock Usd3.33 | 1.20% | 0.00% | 1.20% |
| TARSTarsus Pharmaceuticals Inc | 1.15% | 0.00% | 1.15% |
| AROCArchrock, Inc. | 1.13% | 0.00% | 1.13% |
| AUBAtlantic Union Bankshares Corp Common Stock USD 1.33 | 1.10% | 0.00% | 1.10% |
| IVTInventrust Properties Corp. | 1.08% | 0.00% | 1.08% |
71.8% of HAPS 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, HAPS or VTI?
HAPS has an expense ratio of 0.61% while VTI charges 0.03%. VTI is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, HAPS or VTI?
Over the past year HAPS returned +22.42% vs +19.17% for VTI, so HAPS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HAPS or VTI?
HAPS has been the more volatile fund at 19.3% annualized versus 13.0% for VTI. Worst drawdown: HAPS -27.4% vs VTI -19.3%.
Should I hold both HAPS and VTI?
HAPS and VTI have a monthly-return correlation of 0.81, 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 HAPS and VTI?
At least 71.8% of HAPS's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 135 positions in common, counted across the 196 positions we hold weights for in HAPS and 2,788 in VTI.
Which pays a higher dividend, HAPS or VTI?
HAPS yields 0.48% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
Is VTI better than HAPS?
VTI has a lower expense ratio. HAPS led over 1Y, VTI over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.