MMT vs VXUS

MMT vs VXUS

Which is better, MMT or VXUS?

Diversified Sectoral Bond against Large Cap Blend.

VXUS has a lower expense ratio. VXUS led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VXUSHigher Returns: VXUS

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

MetricMMTVXUS
Expense Ratio1.17%0.05%Best
AUM$266M$158.1B
Dividend Yield8.69%2.51%
Holdings9208,747
YTD Return+0.41%+13.35%Best
1Y Return-0.33%+22.44%Best
3Y Return (annualized)+8.97%+19.44%Best
5Y Return (annualized)+0.79%+8.82%Best
Volatility (annualized)10.9%Best15.0%
Max Drawdown-47.5%-39.9%Best
$10,000 over 5 years$10,401$15,260Best
Fund FamilyMFS Investment ManagementVanguard (US)
CategoryFixed IncomeEquity
StyleDiversified Sectoral BondLarge Cap Blend
InceptionMar 12, 1987Jan 26, 2011

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 10, 2026 (15.6 years).

MMT vs VXUS 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 15.6 years both funds cover.

MMT vs VXUS Performance

MFS Multimarket Income Trust (MMT) is an ETF from MFS Investment Management and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year MMT returned -0.33% while VXUS returned +22.44%. Year to date, MMT is up 0.41% versus a gain of 13.35% for VXUS.

Over three years, MMT compounded at +8.97% per year against +19.44% for VXUS; over five years the annualized figures are +0.79% and +8.82% respectively. Across the full 16-year window we track, VXUS has the edge at +4.76% annualized vs +0.32%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 10.9% for MMT. 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 -47.5% for MMT and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

MMT charges 1.17% per year while VXUS charges 0.05%. On a $10,000 position that is $117 vs $5 annually, a gap of $112 per year that compounds over a long holding period. On income, MMT currently yields 8.69% against 2.51% for VXUS.

Holdings Overlap

We hold position weights for 547 holdings in MMT and 8,091 in VXUS, totalling 88.0% and 87.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.

The two holdings books were reported 150 days apart, MMT as of Jan 31, 2026 and VXUS as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.

2 positions in common, counted across the 547 positions we hold weights for in MMT and 8,091 in VXUS, against full books of 920 and 8,747.

Top Shared Holdings

StockWeight in MMTWeight in VXUSDifference
MIN:AUMineral Resources Ltd 9.25% 01Oct20280.26%0.02%0.24%
NST:AUNorthern Star Resources Ltd0.16%0.04%0.12%

You are not choosing between two funds in isolation.

Whichever of MMT and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

MMTVXUS

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Frequently Asked Questions

Which is cheaper, MMT or VXUS?

MMT has an expense ratio of 1.17% while VXUS charges 0.05%. VXUS is the cheaper option, by $112 a year on a $10,000 investment.

Which performed better, MMT or VXUS?

Over the past year MMT returned -0.33% vs +22.44% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), MMT annualized +0.32% vs +4.76% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MMT or VXUS?

VXUS has been the more volatile fund at 15.0% annualized versus 10.9% for MMT. Worst drawdown: MMT -47.5% vs VXUS -39.9%.

Should I hold both MMT and VXUS?

MMT and VXUS have a monthly-return correlation of 0.73, 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, MMT or VXUS?

MMT yields 8.69% while VXUS yields 2.51%, so MMT currently pays the higher dividend yield.

Is VXUS better than MMT?

VXUS has a lower expense ratio. VXUS led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.