NACP vs VTI
Impact Shares NAACP Minority Empowerment ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, NACP or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. NACP led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 40.8%.
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 | NACP | VTI |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $74M | $666.9B |
| Dividend Yield | 0.57% | 1.03% |
| Holdings | 203 | 3,543 |
| YTD Return | +20.87%Best | +12.28% |
| 1Y Return | +29.75%Best | +16.78% |
| 3Y Return (annualized) | +25.36%Best | +20.89% |
| 5Y Return (annualized) | +14.90%Best | +11.94% |
| Volatility (annualized) | 17.6% | 17.2%Best |
| Max Drawdown | -31.0%Best | -35.0% |
| $10,000 over 5 years | $20,026Best | $17,576 |
| Top 10 Weight | 40.8% | 33.3%Best |
| Fund Family | Impact shares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 12, 2018 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jul 19, 2018 to Sep 17, 2026 (8.2 years).
NACP 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 8.2 years both funds cover.
NACP vs VTI Performance
Impact Shares NAACP Minority Empowerment ETF (NACP) is an ETF from Impact shares and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year NACP returned +29.75% while VTI returned +16.78%. Year to date, NACP is up 20.87% versus a gain of 12.28% for VTI.
Over three years, NACP compounded at +25.36% per year against +20.89% for VTI; over five years the annualized figures are +14.90% and +11.94% respectively. Across the full 8-year window we track, NACP has the edge at +16.21% annualized vs +13.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NACP has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 17.2% 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 -31.0% for NACP 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NACP charges 0.49% per year while VTI charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, NACP currently yields 0.57% against 1.03% for VTI.
Holdings Overlap
99.3% of NACP's money is in holdings VTI also owns. 51.9% of VTI's money is in holdings NACP also owns.
Most of NACP is already inside VTI. Owning both mostly buys the same companies twice.
196 positions in common, counted across the 200 positions we hold weights for in NACP and 3,463 in VTI, against full books of 203 and 3,543.
What only one of them owns
Our book lists 957 positions for VTI that do not appear in our book for NACP (45.7% of the fund), and 4 for NACP that do not appear in VTI (0.6%).
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 NACP | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 6.40% | 1.10% |
| MSFTMicrosoft Corp | 5.89% | 4.79% | 1.10% |
| AMZNAmazon.Com Inc | 5.12% | 3.65% | 1.47% |
| GOOGLAlphabet Inc,class A | 4.33% | 2.90% | 1.43% |
| MUMicron Technology, Inc. | 4.86% | 1.29% | 3.57% |
| METAMeta Platforms Inc | 3.62% | 1.70% | 1.92% |
| TSLATesla Inc | 3.93% | 1.22% | 2.71% |
| AMDAdvanced Micro Devices Inc | 3.44% | 1.08% | 2.36% |
| JPMJpmorgan Chase | 2.40% | 1.31% | 1.09% |
| XOMExxon Mobil Corp. | 1.68% | 0.89% | 0.79% |
99.3% of NACP 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, NACP or VTI?
NACP has an expense ratio of 0.49% while VTI charges 0.03%. VTI is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, NACP or VTI?
Over the past year NACP returned +29.75% vs +16.78% for VTI, so NACP leads on 1-year performance. Over the longest common window we track (8 years), NACP annualized +16.21% vs +13.40% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NACP or VTI?
NACP has been the more volatile fund at 17.6% annualized versus 17.2% for VTI. Worst drawdown: NACP -31.0% vs VTI -35.0%.
Should I hold both NACP and VTI?
NACP and VTI have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NACP and VTI?
99.3% of NACP's money is in holdings VTI also owns. 51.9% of VTI's is in holdings NACP also owns. They hold 196 positions in common, counted across the 200 positions we hold weights for in NACP and 3,463 in VTI.
Which pays a higher dividend, NACP or VTI?
NACP yields 0.57% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than NACP?
VTI has a lower expense ratio. NACP led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.