MNRS vs VTI
Grayscale Bitcoin Miners ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, MNRS or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. MNRS led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 66.1%.
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 | MNRS | VTI |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $10M | $690.1B |
| Dividend Yield | 0.47% | 1.03% |
| Holdings | 27 | 3,524 |
| Volatility (annualized) | 73.8% | 12.9%Best |
| Max Drawdown | -56.7% | -19.3%Best |
| $10,000 over 1.6 years | $14,338Best | $12,845 |
| Top 10 Weight | 66.1% | 33.3%Best |
| Fund Family | Grayscale | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jan 30, 2025 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 11 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. MNRS has data through Sep 21, 2026 and VTI through Oct 2, 2026.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Jan 30, 2025 to Sep 21, 2026 (1.6 years).
Risk: Volatility and Drawdowns
MNRS has been the more volatile fund, with annualized monthly volatility of 73.8% compared with 12.9% 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 -56.7% for MNRS and -19.3% 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
MNRS charges 0.59% per year while VTI charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, MNRS currently yields 0.47% against 1.03% for VTI.
Holdings Overlap
50.7% of MNRS's money is in holdings VTI also owns. 6.5% of VTI's money is in holdings MNRS also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 26 positions we hold weights for in MNRS and 3,463 in VTI, against full books of 27 and 3,524.
What only one of them owns
Our book lists 1,141 positions for VTI that do not appear in our book for MNRS (90.9% of the fund), and 6 for MNRS that do not appear in VTI (19.7%).
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 MNRS | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.69% | 6.40% | 1.71% |
| APLDApplied Digital Corp | 8.80% | 0.01% | 8.79% |
| SQBlock Inc | 5.14% | 0.06% | 5.08% |
| MARAMarathon Patent Group Inc. | 4.58% | 0.01% | 4.57% |
| CLSKCleanspark Inc | 4.26% | 0.00% | 4.26% |
| RIOTRiot Platforms, Inc. | 4.23% | 0.01% | 4.22% |
| CORZCore Scientific Inc Common Stock | 3.62% | 0.01% | 3.61% |
| WULFTerawulf Inc | 3.46% | 0.01% | 3.45% |
| CIFRCipher Mining Inc | 3.44% | 0.01% | 3.43% |
| GLXYGalaxy Digital Inc Class A | 3.15% | 0.01% | 3.14% |
50.7% of MNRS 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, MNRS or VTI?
MNRS has an expense ratio of 0.59% while VTI charges 0.03%. VTI is the cheaper option, by $56 a year on a $10,000 investment.
Which is riskier, MNRS or VTI?
MNRS has been the more volatile fund at 73.8% annualized versus 12.9% for VTI. Worst drawdown: MNRS -56.7% vs VTI -19.3%.
Should I hold both MNRS and VTI?
MNRS 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 MNRS and VTI?
50.7% of MNRS's money is in holdings VTI also owns. 6.5% of VTI's is in holdings MNRS also owns. They hold 14 positions in common, counted across the 26 positions we hold weights for in MNRS and 3,463 in VTI.
Which pays a higher dividend, MNRS or VTI?
MNRS yields 0.47% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than MNRS?
VTI has a lower expense ratio. MNRS led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 66.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.