MJ vs VTI
Amplify Alternative Harvest ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, MJ or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 99.9%.
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 | MJ | VTI |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $115M | $666.9B |
| Dividend Yield | 2.21% | 1.03% |
| Holdings | 9 | 3,543 |
| YTD Return | -9.76% | +13.14%Best |
| 1Y Return | -12.36% | +16.63%Best |
| 3Y Return (annualized) | -12.13% | +22.30%Best |
| 5Y Return (annualized) | -28.87% | +12.01%Best |
| Volatility (annualized) | 50.5% | 15.6%Best |
| Max Drawdown | -95.8% | -35.0%Best |
| $10,000 over 5 years | $1,821 | $17,631Best |
| Top 10 Weight | 99.9% | 33.3%Best |
| Fund Family | Amplify ETFs | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Dec 3, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2015 to Sep 23, 2026 (10.8 years).
MJ 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 10.8 years both funds cover.
MJ vs VTI Performance
Amplify Alternative Harvest ETF (MJ) is an ETF from Amplify ETFs and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year MJ returned -12.36% while VTI returned +16.63%. Year to date, MJ is down 9.76% versus a gain of 13.14% for VTI.
Over three years, MJ compounded at -12.13% per year against +22.30% for VTI; over five years the annualized figures are -28.87% and +12.01% respectively. Across the full 11-year window we track, VTI has the edge at +13.35% annualized vs -16.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MJ has been the more volatile fund, with annualized monthly volatility of 50.5% compared with 15.6% 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 -95.8% for MJ 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 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MJ charges 0.75% per year while VTI charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, MJ currently yields 2.21% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 10 holdings in MJ and 3,463 in VTI, totalling 99.9% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10 positions we hold weights for in MJ and 3,463 in VTI, against full books of 9 and 3,543.
What only one of them owns
Our book lists 1,150 positions for VTI that do not appear in our book for MJ (97.5% of the fund), and 3 for MJ that do not appear in VTI (60.9%).
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.
You are not choosing between two funds in isolation.
Whichever of MJ 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, MJ or VTI?
MJ has an expense ratio of 0.75% while VTI charges 0.03%. VTI is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, MJ or VTI?
Over the past year MJ returned -12.36% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), MJ annualized -16.40% vs +13.35% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MJ or VTI?
MJ has been the more volatile fund at 50.5% annualized versus 15.6% for VTI. Worst drawdown: MJ -95.8% vs VTI -35.0%.
Should I hold both MJ and VTI?
MJ and VTI have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MJ or VTI?
MJ yields 2.21% while VTI yields 1.03%, so MJ currently pays the higher dividend yield.
Is VTI better than MJ?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 99.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.