JUST vs VTI
Goldman Sachs JUST US Large Cap Equity ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, JUST or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 40.6%.
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 | JUST | VTI |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $570M | $666.9B |
| Dividend Yield | 0.93% | 1.03% |
| Holdings | 463 | 3,543 |
| YTD Return | +12.05%Best | +11.06% |
| 1Y Return | +16.76%Best | +15.41% |
| 3Y Return (annualized) | +20.57%Best | +20.48% |
| 5Y Return (annualized) | +11.98%Best | +11.52% |
| Volatility (annualized) | 16.8%Best | 17.1% |
| Max Drawdown | -33.8%Best | -35.0% |
| $10,000 over 5 years | $17,608Best | $17,249 |
| Top 10 Weight | 40.6% | 33.3%Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 7, 2018 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2018 to Sep 16, 2026 (8.3 years).
JUST 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 8.3 years both funds cover.
JUST vs VTI Performance
Goldman Sachs JUST US Large Cap Equity ETF (JUST) 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 JUST returned +16.76% while VTI returned +15.41%. Year to date, JUST is up 12.05% versus a gain of 11.06% for VTI.
Over three years, JUST compounded at +20.57% per year against +20.48% for VTI; over five years the annualized figures are +11.98% and +11.52% respectively. Across the full 8-year window we track, JUST has the edge at +13.57% annualized vs +13.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 16.8% for JUST. 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 -33.8% for JUST and -35.0% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JUST charges 0.20% per year while VTI charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, JUST currently yields 0.93% against 1.03% for VTI.
Holdings Overlap
99.8% of JUST's money is in holdings VTI also owns. 75.3% of VTI's money is in holdings JUST also owns.
Most of JUST is already inside VTI. Owning both mostly buys the same companies twice.
459 positions in common, counted across the 461 positions we hold weights for in JUST and 3,463 in VTI, against full books of 463 and 3,543.
What only one of them owns
Our book lists 707 positions for VTI that do not appear in our book for JUST (22.3% of the fund), and 1 for JUST that do not appear in VTI (0.3%).
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 JUST | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.36% | 6.40% | 1.96% |
| AAPLApple, Inc | 7.39% | 6.29% | 1.10% |
| MSFTMicrosoft Corp | 6.09% | 4.79% | 1.30% |
| AMZNAmazon.Com Inc | 4.96% | 3.65% | 1.31% |
| GOOGLAlphabet Inc,class A | 3.20% | 2.90% | 0.30% |
| AVGOBroadcom Inc | 2.77% | 2.56% | 0.21% |
| GOOGAlphabet Inc | 2.58% | 2.31% | 0.27% |
| JPMJpmorgan Chase | 2.07% | 1.31% | 0.76% |
| MUMicron Technology, Inc. | 1.73% | 1.29% | 0.44% |
| LLYEli Lilly & Co. | 1.50% | 1.35% | 0.15% |
99.8% of JUST 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, JUST or VTI?
JUST has an expense ratio of 0.20% while VTI charges 0.03%. VTI is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, JUST or VTI?
Over the past year JUST returned +16.76% vs +15.41% for VTI, so JUST leads on 1-year performance. Over the longest common window we track (8 years), JUST annualized +13.57% vs +13.20% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUST or VTI?
VTI has been the more volatile fund at 17.1% annualized versus 16.8% for JUST. Worst drawdown: JUST -33.8% vs VTI -35.0%.
Should I hold both JUST and VTI?
JUST and VTI have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between JUST and VTI?
99.8% of JUST's money is in holdings VTI also owns. 75.3% of VTI's is in holdings JUST also owns. They hold 459 positions in common, counted across the 461 positions we hold weights for in JUST and 3,463 in VTI.
Which pays a higher dividend, JUST or VTI?
JUST yields 0.93% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than JUST?
VTI has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 40.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.