MHIP vs VTI
Milliman Healthcare Inflation Plus ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, MHIP or VTI?
Allocation/Balanced against Large Cap Blend.
VTI has a lower expense ratio.
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 | MHIP | VTI |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $2M | $666.9B |
| Dividend Yield | 0.00% | 1.03% |
| Holdings | 75 | 3,543 |
| YTD Return | +5.10% | +12.25%Best |
| 1Y Return | - | +15.74% |
| 3Y Return (annualized) | - | +22.45% |
| 5Y Return (annualized) | - | +12.32% |
| Fund Family | Milliman | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Apr 7, 2026 | May 24, 2001 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
MHIP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MHIP vs VTI Performance
Milliman Healthcare Inflation Plus ETF (MHIP) is an ETF from Milliman and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Year to date, MHIP is up 5.10% versus a gain of 12.25% for VTI.
Past performance does not guarantee future results.
Fees and Cost Over Time
MHIP 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, MHIP currently yields 0.00% against 1.03% for VTI.
Holdings Overlap
At least 8.6% of VTI's money is in holdings MHIP also owns.
Stated as a floor: for MHIP, our book for it covers 0.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and MHIP share little of their money.
78 positions in common, counted across the 83 positions we hold weights for in MHIP and 3,463 in VTI, against full books of 75 and 3,543.
Top Shared Holdings
| Stock | Weight in MHIP | Weight in VTI | Difference |
|---|---|---|---|
| LLYEli Lilly & Co. | 0.10% | 1.35% | 1.25% |
| JNJJohnson & Johnson - Common | 0.04% | 0.86% | 0.82% |
| ABBVAbbvie Inc. | 0.04% | 0.61% | 0.57% |
| UNHUnitedhealth Group Incorporated | 0.01% | 0.52% | 0.51% |
| MRKMerck & Company Inc | 0.00% | 0.45% | 0.45% |
| TMOThermo Fisherscientific Inc. | 0.02% | 0.30% | 0.28% |
| AMGNAmgen Inc. | 0.01% | 0.29% | 0.28% |
| ABTAbbott Laboratories | 0.01% | 0.26% | 0.25% |
| GILDGilead Sciences | 0.02% | 0.22% | 0.20% |
| PFEPfizer Inc | 0.01% | 0.20% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of MHIP and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MHIP or VTI?
MHIP 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.
What is the holdings overlap between MHIP and VTI?
At least 8.6% of VTI's money is in holdings MHIP also owns. Our book for MHIP is partial, so the real figure is this or higher. They hold 78 positions in common, counted across the 83 positions we hold weights for in MHIP and 3,463 in VTI.
Which pays a higher dividend, MHIP or VTI?
MHIP yields 0.00% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than MHIP?
VTI has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.