NOVZ vs VXUS

NOVZ vs VXUS

Which is better, NOVZ or VXUS?

Multi Alternative against Large Cap Blend.

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

Lower Fees: VXUSHigher Returns: split

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

MetricNOVZVXUS
Expense Ratio0.79%0.05%Best
AUM$37M$158.1B
Dividend Yield3.29%2.51%
Holdings178,747
YTD Return+8.69%+14.48%Best
1Y Return+8.22%+22.28%Best
3Y Return (annualized)+14.11%+20.00%Best
5Y Return (annualized)+9.69%Best+8.91%
Volatility (annualized)11.6%Best14.3%
Max Drawdown-16.6%Best-29.4%
$10,000 over 5 years$15,879Best$15,323
Fund FamilyTrueSharesVanguard (US)
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Blend
InceptionOct 30, 2020Jan 26, 2011

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 2, 2020 to Sep 11, 2026 (5.9 years).

NOVZ 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 5.9 years both funds cover.

NOVZ vs VXUS Performance

TrueShares Structured Outcome November ETF (NOVZ) is an ETF from TrueShares and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year NOVZ returned +8.22% while VXUS returned +22.28%. Year to date, NOVZ is up 8.69% versus a gain of 14.48% for VXUS.

Over three years, NOVZ compounded at +14.11% per year against +20.00% for VXUS; over five years the annualized figures are +9.69% and +8.91% respectively. Across the full 6-year window we track, NOVZ has the edge at +12.76% annualized vs +12.49%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 11.6% for NOVZ. 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 -16.6% for NOVZ and -29.4% 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 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NOVZ charges 0.79% per year while VXUS charges 0.05%. On a $10,000 position that is $79 vs $5 annually, a gap of $74 per year that compounds over a long holding period. On income, NOVZ currently yields 3.29% against 2.51% for VXUS.

Holdings Overlap

We hold position weights for 1 holding in NOVZ and 8,091 in VXUS, totalling 0.1% and 87.7% 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 1 positions we hold weights for in NOVZ and 8,091 in VXUS, against full books of 17 and 8,747.

You are not choosing between two funds in isolation.

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

NOVZVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, NOVZ or VXUS?

NOVZ has an expense ratio of 0.79% while VXUS charges 0.05%. VXUS is the cheaper option, by $74 a year on a $10,000 investment.

Which performed better, NOVZ or VXUS?

Over the past year NOVZ returned +8.22% vs +22.28% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (6 years), NOVZ annualized +12.76% vs +12.49% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, NOVZ or VXUS?

VXUS has been the more volatile fund at 14.3% annualized versus 11.6% for NOVZ. Worst drawdown: NOVZ -16.6% vs VXUS -29.4%.

Should I hold both NOVZ and VXUS?

NOVZ and VXUS have a monthly-return correlation of 0.76, 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, NOVZ or VXUS?

NOVZ yields 3.29% while VXUS yields 2.51%, so NOVZ currently pays the higher dividend yield.

Is VXUS better than NOVZ?

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