MVPA vs VTI
Miller Value Partners Appreciation ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, MVPA or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. MVPA led over 1Y, VTI over the full window. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 51.1%.
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 | MVPA | VTI |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $71M | $689.2B |
| Dividend Yield | 0.51% | 1.06% |
| Holdings | 74 | 3,542 |
| YTD Return | +9.08% | +11.74%Best |
| 1Y Return | +12.68%Best | +12.21% |
| 3Y Return (annualized) | - | +21.24% |
| 5Y Return (annualized) | - | +10.57% |
| Volatility (annualized) | 21.4% | 12.0%Best |
| Max Drawdown | -25.9% | -19.3%Best |
| $10,000 over 2.8 years | $15,039 | $16,123Best |
| Top 10 Weight | 51.1% | 34.6%Best |
| Fund Family | Miller Value Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jan 30, 2024 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 31, 2024 to Nov 12, 2026 (2.8 years).
MVPA 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 2.8 years both funds cover.
MVPA vs VTI Performance
Miller Value Partners Appreciation ETF (MVPA) is an ETF from Miller Value Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year MVPA returned +12.68% while VTI returned +12.21%. Year to date, MVPA is up 9.08% versus a gain of 11.74% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPA has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 12.0% 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 -25.9% for MVPA 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MVPA charges 0.60% per year while VTI charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, MVPA currently yields 0.51% against 1.06% for VTI.
Holdings Overlap
92.8% of MVPA's money is in holdings VTI also owns. 2.6% of VTI's money is in holdings MVPA also owns.
Most of MVPA is already inside VTI. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 32 positions we hold weights for in MVPA and 3,464 in VTI, against full books of 74 and 3,542.
What only one of them owns
Our book lists 1,114 positions for VTI that do not appear in our book for MVPA (94.3% of the fund), and 3 for MVPA that do not appear in VTI (7.1%).
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 MVPA | Weight in VTI | Difference |
|---|---|---|---|
| METAMeta Platforms Inc | 5.15% | 2.18% | 2.97% |
| CRGYCrescent Energ-A | 6.87% | 0.00% | 6.87% |
| BLMNBloomin' Brands | 5.90% | 0.00% | 5.90% |
| CROXCrocs Inc | 5.21% | 0.01% | 5.20% |
| FIGRFigure Technology Solutions Inc | 5.19% | 0.01% | 5.18% |
| MSTRMicrostrategy Inc | 4.92% | 0.08% | 4.84% |
| HRBH&R Block Inc | 4.87% | 0.01% | 4.86% |
| LNCLincoln National Corp. | 4.52% | 0.01% | 4.51% |
| UPSUnited Parcel Service Inc | 4.07% | 0.10% | 3.97% |
| JXNJackson Financial Inc USD | 4.00% | 0.01% | 3.99% |
92.8% of MVPA 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, MVPA or VTI?
MVPA has an expense ratio of 0.60% while VTI charges 0.03%. VTI is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, MVPA or VTI?
Over the past year MVPA returned +12.68% vs +12.21% for VTI, so MVPA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MVPA or VTI?
MVPA has been the more volatile fund at 21.4% annualized versus 12.0% for VTI. Worst drawdown: MVPA -25.9% vs VTI -19.3%.
Should I hold both MVPA and VTI?
MVPA and VTI have a monthly-return correlation of 0.62, 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 MVPA and VTI?
92.8% of MVPA's money is in holdings VTI also owns. 2.6% of VTI's is in holdings MVPA also owns. They hold 29 positions in common, counted across the 32 positions we hold weights for in MVPA and 3,464 in VTI.
Which pays a higher dividend, MVPA or VTI?
MVPA yields 0.51% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than MVPA?
VTI has a lower expense ratio. MVPA led over 1Y, VTI over the full window. VTI is less concentrated, with 34.6% of the fund in its ten largest positions against 51.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.