QDF vs VTI
Northern Trust Quality Dividend ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, QDF or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. QDF led over 1Y, VTI over 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 38.0%.
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 | QDF | VTI |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $2.2B | $690.1B |
| Dividend Yield | 1.47% | 1.03% |
| Holdings | 146 | 3,524 |
| YTD Return | +13.08% | +13.35%Best |
| 1Y Return | +16.00%Best | +15.92% |
| 3Y Return (annualized) | +20.61% | +23.41%Best |
| 5Y Return (annualized) | +12.56% | +12.83%Best |
| Volatility (annualized) | 14.3%Best | 14.6% |
| Max Drawdown | -37.2% | -35.0%Best |
| $10,000 over 5 years | $18,068 | $18,286Best |
| Top 10 Weight | 38.0% | 33.3%Best |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 14, 2012 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 19, 2012 to Oct 2, 2026 (13.8 years).
QDF 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 13.8 years both funds cover.
QDF vs VTI Performance
Northern Trust Quality Dividend ETF (QDF) is an ETF from Northern Trust Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year QDF returned +16.00% while VTI returned +15.92%. Year to date, QDF is up 13.08% versus a gain of 13.35% for VTI.
Over three years, QDF compounded at +20.61% per year against +23.41% for VTI; over five years the annualized figures are +12.56% and +12.83% respectively. Across the full 14-year window we track, VTI has the edge at +13.18% annualized vs +10.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.3% for QDF. 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 -37.2% for QDF 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
QDF charges 0.39% per year while VTI charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, QDF currently yields 1.47% against 1.03% for VTI.
Holdings Overlap
97.0% of QDF's money is in holdings VTI also owns. 47.9% of VTI's money is in holdings QDF also owns.
Most of QDF is already inside VTI. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, QDF as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
136 positions in common, counted across the 140 positions we hold weights for in QDF and 3,463 in VTI, against full books of 146 and 3,524.
What only one of them owns
Our book lists 1,018 positions for VTI that do not appear in our book for QDF (49.6% of the fund), and 3 for QDF that do not appear in VTI (0.8%).
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 QDF | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 9.34% | 6.29% | 3.05% |
| NVDANvidia Corp | 7.23% | 6.40% | 0.83% |
| MSFTMicrosoft Corp | 4.42% | 4.79% | 0.37% |
| GOOGLAlphabet Inc,class A | 2.36% | 2.90% | 0.54% |
| AVGOBroadcom Inc | 2.57% | 2.56% | 0.01% |
| GOOGAlphabet Inc. C | 1.75% | 2.31% | 0.56% |
| JPMJpmorgan Chase | 2.55% | 1.31% | 1.24% |
| JNJJohnson & Johnson - Common | 2.92% | 0.86% | 2.06% |
| METAMeta Platforms Inc | 1.42% | 1.70% | 0.28% |
| LRCXLrcx Uw Equity | 2.37% | 0.51% | 1.86% |
97.0% of QDF 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, QDF or VTI?
QDF has an expense ratio of 0.39% while VTI charges 0.03%. VTI is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, QDF or VTI?
Over the past year QDF returned +16.00% vs +15.92% for VTI, so QDF leads on 1-year performance. Over the longest common window we track (14 years), QDF annualized +10.59% vs +13.18% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QDF or VTI?
VTI has been the more volatile fund at 14.6% annualized versus 14.3% for QDF. Worst drawdown: QDF -37.2% vs VTI -35.0%.
Should I hold both QDF and VTI?
QDF 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 QDF and VTI?
97.0% of QDF's money is in holdings VTI also owns. 47.9% of VTI's is in holdings QDF also owns. They hold 136 positions in common, counted across the 140 positions we hold weights for in QDF and 3,463 in VTI.
Which pays a higher dividend, QDF or VTI?
QDF yields 1.47% while VTI yields 1.03%, so QDF currently pays the higher dividend yield.
Is VTI better than QDF?
VTI has a lower expense ratio. QDF led over 1Y, VTI over 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 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.