QVMT vs VTI
Invesco S&P 500 Concentrated QVM ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, QVMT or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. QVMT led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 42.6%.
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 | QVMT | VTI |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $132M | $666.9B |
| Dividend Yield | 1.89% | 1.03% |
| Holdings | 103 | 3,543 |
| YTD Return | +13.22%Best | +11.06% |
| 1Y Return | +20.86%Best | +15.41% |
| 3Y Return (annualized) | +18.40% | +20.48%Best |
| 5Y Return (annualized) | +11.86%Best | +11.52% |
| Volatility (annualized) | 20.1% | 15.5%Best |
| Max Drawdown | -48.7% | -35.0%Best |
| $10,000 over 5 years | $17,514Best | $17,249 |
| Top 10 Weight | 42.6% | 33.3%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 9, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2015 to Sep 16, 2026 (10.9 years).
QVMT 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 10.9 years both funds cover.
QVMT vs VTI Performance
Invesco S&P 500 Concentrated QVM ETF (QVMT) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year QVMT returned +20.86% while VTI returned +15.41%. Year to date, QVMT is up 13.22% versus a gain of 11.06% for VTI.
Over three years, QVMT compounded at +18.40% per year against +20.48% for VTI; over five years the annualized figures are +11.86% and +11.52% respectively. Across the full 11-year window we track, VTI has the edge at +13.14% annualized vs +10.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVMT has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 15.5% 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 -48.7% for QVMT 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QVMT charges 0.13% per year while VTI charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, QVMT currently yields 1.89% against 1.03% for VTI.
Holdings Overlap
100.0% of QVMT's money is in holdings VTI also owns. 15.7% of VTI's money is in holdings QVMT also owns.
Most of QVMT is already inside VTI. Owning both mostly buys the same companies twice.
100 positions in common, counted across the 101 positions we hold weights for in QVMT and 3,463 in VTI, against full books of 103 and 3,543.
What only one of them owns
Measured across the 101 and 3,463 positions we hold weights for.
VTI holds 1,050 positions QVMT does not, 81.8% of the fund.
Largest: NVDA 6.40%, MSFT 4.79%, AMZN 3.65%, GOOGL 2.90%, AVGO 2.56%
Top Shared Holdings
| Stock | Weight in QVMT | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.32% | 6.29% | 0.97% |
| XOMExxon Mobil Corp. | 5.27% | 0.89% | 4.38% |
| CSCOCisco Systems Inc. - Ordinary Shares | 4.56% | 0.57% | 3.99% |
| LRCXLrcx Uw Equity | 4.59% | 0.51% | 4.08% |
| CATCaterpillar, Inc. | 4.56% | 0.52% | 4.04% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 4.54% | 0.37% | 4.17% |
| SNDKSandisk Corp/De | 4.59% | 0.25% | 4.34% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 3.37% | 0.26% | 3.11% |
| KLACKla Corp | 2.90% | 0.33% | 2.57% |
| NEMNewmont Corp Common | 2.90% | 0.14% | 2.76% |
100.0% of QVMT 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, QVMT or VTI?
QVMT has an expense ratio of 0.13% while VTI charges 0.03%. VTI is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, QVMT or VTI?
Over the past year QVMT returned +20.86% vs +15.41% for VTI, so QVMT leads on 1-year performance. Over the longest common window we track (11 years), QVMT annualized +10.28% vs +13.14% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QVMT or VTI?
QVMT has been the more volatile fund at 20.1% annualized versus 15.5% for VTI. Worst drawdown: QVMT -48.7% vs VTI -35.0%.
Should I hold both QVMT and VTI?
QVMT and VTI have a monthly-return correlation of 0.82, 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 QVMT and VTI?
100.0% of QVMT's money is in holdings VTI also owns. 15.7% of VTI's is in holdings QVMT also owns. They hold 100 positions in common, counted across the 101 positions we hold weights for in QVMT and 3,463 in VTI.
Which pays a higher dividend, QVMT or VTI?
QVMT yields 1.89% while VTI yields 1.03%, so QVMT currently pays the higher dividend yield.
Is VTI better than QVMT?
VTI has a lower expense ratio. QVMT led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 42.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.