MGMT vs VTI
Ballast Small/Mid Cap ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, MGMT or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. MGMT is less concentrated, with 30.1% 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 | MGMT | VTI |
|---|---|---|
| Expense Ratio | 1.10% | 0.03%Best |
| AUM | $171M | $666.9B |
| Dividend Yield | 0.30% | 1.03% |
| Holdings | 57 | 3,543 |
| YTD Return | +10.49% | +13.10%Best |
| 1Y Return | +11.81% | +17.01%Best |
| 3Y Return (annualized) | +13.56% | +22.26%Best |
| 5Y Return (annualized) | +7.06% | +11.98%Best |
| Volatility (annualized) | 18.1% | 15.2%Best |
| Max Drawdown | -24.9%Best | -25.4% |
| $10,000 over 5 years | $14,065 | $17,608Best |
| Top 10 Weight | 30.1%Best | 33.3% |
| Fund Family | Ballast Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Dec 2, 2020 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Sep 24, 2026 (5.8 years).
MGMT 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 5.8 years both funds cover.
MGMT vs VTI Performance
Ballast Small/Mid Cap ETF (MGMT) is an ETF from Ballast Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year MGMT returned +11.81% while VTI returned +17.01%. Year to date, MGMT is up 10.49% versus a gain of 13.10% for VTI.
Over three years, MGMT compounded at +13.56% per year against +22.26% for VTI; over five years the annualized figures are +7.06% and +11.98% respectively. Across the full 6-year window we track, VTI has the edge at +14.11% annualized vs +12.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGMT has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.2% 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 -24.9% for MGMT and -25.4% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MGMT charges 1.10% per year while VTI charges 0.03%. On a $10,000 position that is $110 vs $3 annually, a gap of $107 per year that compounds over a long holding period. On income, MGMT currently yields 0.30% against 1.03% for VTI.
Holdings Overlap
79.9% of MGMT's money is in holdings VTI also owns. 0.2% of VTI's money is in holdings MGMT also owns.
Most of MGMT is already inside VTI. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 54 positions we hold weights for in MGMT and 3,463 in VTI, against full books of 57 and 3,543.
What only one of them owns
Our book lists 1,134 positions for VTI that do not appear in our book for MGMT (97.3% of the fund), and 7 for MGMT that do not appear in VTI (12.5%).
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 MGMT | Weight in VTI | Difference |
|---|---|---|---|
| WSTGWayside Technology Group Inc | 3.76% | 0.00% | 3.76% |
| AGMFederal Agricultural Mortgage Corp | 3.26% | 0.00% | 3.26% |
| AZZAzz Inc | 3.09% | 0.01% | 3.08% |
| CBNKCapital Bancorp Inc/md | 2.87% | 0.00% | 2.87% |
| CVCOCavco Industries Inc | 2.78% | 0.01% | 2.77% |
| MBINMerchants Bancorp | 2.78% | 0.00% | 2.78% |
| PAYSPaysign Inc | 2.42% | 0.00% | 2.42% |
| CCSIConsensus Cloud Solutions IncCommon Stock USD | 2.40% | 0.00% | 2.40% |
| LSTRLandstar System Inc | 2.39% | 0.01% | 2.38% |
| MTUSMetallus Inc | 2.33% | 0.00% | 2.33% |
79.9% of MGMT 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, MGMT or VTI?
MGMT has an expense ratio of 1.10% while VTI charges 0.03%. VTI is the cheaper option, by $107 a year on a $10,000 investment.
Which performed better, MGMT or VTI?
Over the past year MGMT returned +11.81% vs +17.01% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (6 years), MGMT annualized +12.71% vs +14.11% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MGMT or VTI?
MGMT has been the more volatile fund at 18.1% annualized versus 15.2% for VTI. Worst drawdown: MGMT -24.9% vs VTI -25.4%.
Should I hold both MGMT and VTI?
MGMT and VTI have a monthly-return correlation of 0.77, 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 MGMT and VTI?
79.9% of MGMT's money is in holdings VTI also owns. 0.2% of VTI's is in holdings MGMT also owns. They hold 43 positions in common, counted across the 54 positions we hold weights for in MGMT and 3,463 in VTI.
Which pays a higher dividend, MGMT or VTI?
MGMT yields 0.30% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than MGMT?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. MGMT is less concentrated, with 30.1% 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.