INVN vs VTI
Alger Russell Innovation ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, INVN or VTI?
Mid Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. INVN led over 1Y, VTI over the full window. INVN is less concentrated, with 25.9% 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 | INVN | VTI |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $10M | $690.1B |
| Dividend Yield | 0.23% | 1.03% |
| Holdings | 52 | 3,524 |
| YTD Return | +19.60%Best | +12.51% |
| 1Y Return | +22.13%Best | +15.23% |
| 3Y Return (annualized) | - | +22.50% |
| 5Y Return (annualized) | - | +12.31% |
| Volatility (annualized) | 20.9% | 12.7%Best |
| Max Drawdown | -26.0% | -19.3%Best |
| $10,000 over 1.7 years | $12,757 | $13,080Best |
| Top 10 Weight | 25.9%Best | 33.3% |
| Fund Family | Alger | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Jan 6, 2025 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 7, 2025 to Oct 1, 2026 (1.7 years).
INVN 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 1.7 years both funds cover.
INVN vs VTI Performance
Alger Russell Innovation ETF (INVN) is an ETF from Alger and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year INVN returned +22.13% while VTI returned +15.23%. Year to date, INVN is up 19.60% versus a gain of 12.51% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INVN has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 12.7% 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 -26.0% for INVN 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
INVN charges 0.55% per year while VTI charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, INVN currently yields 0.23% against 1.03% for VTI.
Holdings Overlap
96.1% of INVN's money is in holdings VTI also owns. 1.8% of VTI's money is in holdings INVN also owns.
Most of INVN is already inside VTI. Owning both mostly buys the same companies twice.
48 positions in common, counted across the 51 positions we hold weights for in INVN and 3,463 in VTI, against full books of 52 and 3,524.
What only one of them owns
Our book lists 1,106 positions for VTI that do not appear in our book for INVN (95.7% of the fund), and 2 for INVN that do not appear in VTI (2.0%).
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 INVN | Weight in VTI | Difference |
|---|---|---|---|
| TEAMAtlassian Corp-Cl A | 3.18% | 0.02% | 3.16% |
| RNGRingcentral Inc, Class A | 2.88% | 0.01% | 2.87% |
| UUnity Software Inc. | 2.67% | 0.02% | 2.65% |
| GTLBGitlab Inc Cl A | 2.67% | 0.01% | 2.66% |
| ZBRAZebra Technologies Corp | 2.62% | 0.02% | 2.60% |
| PAYCPaycom Software Inc . | 2.59% | 0.01% | 2.58% |
| MRKMerck & Company Inc | 1.96% | 0.45% | 1.51% |
| CCCSCcc Intelligent Solutions Hold | 2.37% | 0.00% | 2.37% |
| BILLBill.Com Holdings, Inc. Common Stock | 2.36% | 0.01% | 2.35% |
| DOCUDocusign Inc | 2.36% | 0.01% | 2.35% |
96.1% of INVN 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, INVN or VTI?
INVN has an expense ratio of 0.55% while VTI charges 0.03%. VTI is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, INVN or VTI?
Over the past year INVN returned +22.13% vs +15.23% for VTI, so INVN leads on 1-year performance. Over the longest common window we track (2 years), INVN annualized +15.40% vs +17.11% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INVN or VTI?
INVN has been the more volatile fund at 20.9% annualized versus 12.7% for VTI. Worst drawdown: INVN -26.0% vs VTI -19.3%.
Should I hold both INVN and VTI?
INVN and VTI have a monthly-return correlation of 0.55, 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 INVN and VTI?
96.1% of INVN's money is in holdings VTI also owns. 1.8% of VTI's is in holdings INVN also owns. They hold 48 positions in common, counted across the 51 positions we hold weights for in INVN and 3,463 in VTI.
Which pays a higher dividend, INVN or VTI?
INVN yields 0.23% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than INVN?
VTI has a lower expense ratio. INVN led over 1Y, VTI over the full window. INVN is less concentrated, with 25.9% 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.