IVOL vs VTI
Quadratic Interest Rate Volatility and Inflation Hedge ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | IVOL | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.03% | |
| AUM | $288M | $666.9B | |
| Dividend Yield | 4.19% | 1.07% | |
| Holdings | 12 | 3,543 | |
| YTD Return | -6.22% | +14.82% | |
| 1Y Return | -7.43% | +22.43% | |
| 3Y Return (annualized) | -1.86% | +21.93% | |
| 5Y Return (annualized) | -5.58% | +12.34% | |
| Volatility (annualized) | 8.8% | 15.4% | |
| Max Drawdown | -31.2% | -56.6% | |
| Fund Family | Quadratic Capital Management LLC | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 13, 2019 | May 24, 2001 |
IVOL vs VTI Performance
Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) is a ETF from Quadratic Capital Management LLC and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year IVOL returned -7.43% while VTI returned +22.43%. Year to date, IVOL is down 6.22% versus a gain of 14.82% for VTI.
Over three years, IVOL compounded at -1.86% per year against +21.93% for VTI; over five years the annualized figures are -5.58% and +12.34% respectively. Across the full 7-year window we track, VTI has the edge at +8.16% annualized vs -2.13%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 8.8% for IVOL. 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 -31.2% for IVOL and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVOL charges 0.98% per year while VTI charges 0.03%. On a $10,000 position that is $98 vs $3 annually, a gap of $95 per year that compounds over a long holding period. On income, IVOL currently yields 4.19% against 1.07% for VTI.
Holdings Overlap
IVOL and VTI share 0 holdings out of 2788 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVOL or VTI?
IVOL has an expense ratio of 0.98% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, IVOL or VTI?
Over the past year IVOL returned -7.43% vs +22.43% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (7 years), IVOL annualized -2.13% vs +8.16% for VTI. Past performance does not guarantee future results.
Which is riskier, IVOL or VTI?
VTI has been the more volatile fund at 15.4% annualized versus 8.8% for IVOL. Worst drawdown: IVOL -31.2% vs VTI -56.6%.
Should I hold both IVOL and VTI?
IVOL and VTI have a monthly-return correlation of 0.06, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVOL and VTI?
IVOL and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2788 unique securities.
Which pays a higher dividend, IVOL or VTI?
IVOL yields 4.19% while VTI yields 1.07%, so IVOL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.