KBWP vs VTI
Invesco KBW Property & Casualty Insurance ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, KBWP or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. KBWP led over 5Y, VTI over 1Y, 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 | KBWP | VTI |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $289M | $666.9B |
| Dividend Yield | 1.82% | 1.07% |
| Holdings | 26 | 3,543 |
| YTD Return | +7.60% | +13.59%Best |
| 1Y Return | +9.90% | +20.00%Best |
| 3Y Return (annualized) | +19.54% | +20.95%Best |
| 5Y Return (annualized) | +13.39%Best | +11.81% |
| Volatility (annualized) | 15.6% | 14.6%Best |
| Max Drawdown | -40.3% | -35.0%Best |
| $10,000 over 5 years | $18,744Best | $17,474 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Dec 2, 2010 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 2, 2010 to Sep 4, 2026 (15.8 years).
KBWP 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 15.8 years both funds cover.
KBWP vs VTI Performance
Invesco KBW Property & Casualty Insurance ETF (KBWP) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year KBWP returned +9.90% while VTI returned +20.00%. Year to date, KBWP is up 7.60% versus a gain of 13.59% for VTI.
Over three years, KBWP compounded at +19.54% per year against +20.95% for VTI; over five years the annualized figures are +13.39% and +11.81% respectively. Across the full 16-year window we track, VTI has the edge at +12.61% annualized vs +11.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KBWP has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.6% 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 -40.3% for KBWP 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KBWP charges 0.35% per year while VTI charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, KBWP currently yields 1.82% against 1.07% for VTI.
Holdings Overlap
At least 92.9% of KBWP'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 KBWP is already inside VTI. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 25 positions we hold weights for in KBWP and 2,787 in VTI, against full books of 26 and 3,543.
Top Shared Holdings
| Stock | Weight in KBWP | Weight in VTI | Difference |
|---|---|---|---|
| TRVThe Travelers Cos, Inc. | 8.82% | 0.10% | 8.72% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 8.21% | 0.11% | 8.10% |
| AONAon Public Limited Company Cl. A | 7.72% | 0.09% | 7.63% |
| CBChubb Ltd Common Stock Usd 24.15 | 7.62% | 0.16% | 7.46% |
| PGRProgressive Corporation | 7.55% | 0.18% | 7.37% |
| WTW:LNWillis Towers Watson Plc Ordinary Shares | 4.64% | 0.03% | 4.61% |
| ALLAllstate Corp. | 4.35% | 0.08% | 4.27% |
| BROBrown & Brown Inc | 4.32% | 0.03% | 4.29% |
| AJGArthur J Gallagher & Co. | 4.21% | 0.08% | 4.13% |
| CINFCincinnati Financial Corp. | 3.89% | 0.04% | 3.85% |
92.9% of KBWP 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, KBWP or VTI?
KBWP has an expense ratio of 0.35% while VTI charges 0.03%. VTI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, KBWP or VTI?
Over the past year KBWP returned +9.90% vs +20.00% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), KBWP annualized +11.97% vs +12.61% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KBWP or VTI?
KBWP has been the more volatile fund at 15.6% annualized versus 14.6% for VTI. Worst drawdown: KBWP -40.3% vs VTI -35.0%.
Should I hold both KBWP and VTI?
KBWP and VTI have a monthly-return correlation of 0.58, 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 KBWP and VTI?
At least 92.9% of KBWP's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 22 positions in common, counted across the 25 positions we hold weights for in KBWP and 2,787 in VTI.
Which pays a higher dividend, KBWP or VTI?
KBWP yields 1.82% while VTI yields 1.07%, so KBWP currently pays the higher dividend yield.
Is VTI better than KBWP?
VTI has a lower expense ratio. KBWP led over 5Y, VTI over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.