QLTY vs VTI

Quick Verdict

VTI has a lower expense ratio. QLTY delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: QLTYMore Diversified: VTI

Side-by-Side Comparison

MetricQLTYVTIWinner
Expense Ratio0.50%0.03%
AUM$4.8B$663.5B
Dividend Yield0.88%1.07%
Holdings433,543
YTD Return+11.91%+14.22%
1Y Return+25.31%+22.19%
3Y Return (annualized)-+21.27%
5Y Return (annualized)-+12.23%
Volatility (annualized)12.2%15.3%
Max Drawdown-17.0%-56.6%
Fund FamilyGMOVanguard (US)
CategoryEquityEquity
InceptionNov 13, 2023May 24, 2001

QLTY vs VTI Performance

GMO US Quality ETF (QLTY) is a ETF from GMO and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year QLTY returned +25.31% while VTI returned +22.19%. Year to date, QLTY is up 11.91% versus a gain of 14.22% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.2% for QLTY. 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 -17.0% for QLTY and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QLTY charges 0.50% per year while VTI charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, QLTY currently yields 0.88% against 1.07% for VTI.

Holdings Overlap

28.1%overlap

QLTY and VTI share 40 holdings out of 2785 unique holdings combined, representing a 28.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QLTYWeight in VTIDifference
MSFT7.20%3.81%3.39%
AAPL5.10%5.84%0.74%
GOOG5.60%2.27%3.33%
AVGOProProPro
AMZNProProPro
LRCXProProPro
METAProProPro
JNJProProPro
TXNProProPro
KLACProProPro
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Frequently Asked Questions

Which is cheaper, QLTY or VTI?

QLTY has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $47 per year of difference.

Which performed better, QLTY or VTI?

Over the past year QLTY returned +25.31% vs +22.19% for VTI, so QLTY leads on 1-year performance. Over the longest common window we track (3 years), QLTY annualized +22.49% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, QLTY or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 12.2% for QLTY. Worst drawdown: QLTY -17.0% vs VTI -56.6%.

Should I hold both QLTY and VTI?

QLTY and VTI have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between QLTY and VTI?

QLTY and VTI share 40 common holdings with a 28.1% weight overlap. Combined, they hold 2785 unique securities.

Which pays a higher dividend, QLTY or VTI?

QLTY yields 0.88% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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