Quick Verdict

VTI has a lower expense ratio. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: TiedMore Diversified: VTI

Side-by-Side Comparison

MetricMHIPVTIWinner
Expense Ratio0.55%0.03%
AUM$1M$663.5B
Dividend Yield0.00%1.07%
Holdings803,543
YTD Return+4.93%+14.20%
1Y Return-+24.16%
3Y Return (annualized)-+21.12%
5Y Return (annualized)-+12.37%
Volatility (annualized)-15.3%
Max Drawdown-2.3%-56.6%
Fund FamilyMillimanVanguard (US)
CategoryAllocation/BalancedEquity
InceptionApr 7, 2026May 24, 2001

MHIP vs VTI Performance

Milliman Healthcare Inflation Plus ETF (MHIP) is a ETF from Milliman and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Year to date, MHIP is up 4.93% versus a gain of 14.20% for VTI.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -2.3% for MHIP and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 1.07% for VTI.

Holdings Overlap

8.1%overlap

MHIP and VTI share 67 holdings out of 2794 unique holdings combined, representing a 8.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MHIPWeight in VTIDifference
LLY3.18%1.40%1.78%
UNH3.33%0.52%2.81%
JNJ2.17%0.84%1.33%
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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. On a $10,000 investment, that is $52 per year of difference.

What is the holdings overlap between MHIP and VTI?

MHIP and VTI share 67 common holdings with a 8.1% weight overlap. Combined, they hold 2794 unique securities.

Which pays a higher dividend, MHIP or VTI?

MHIP yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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