SMDD vs VTI

SMDD vs VTI
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Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricSMDDVTIWinner
Expense Ratio0.95%0.03%
AUM$2M$666.9B
Dividend Yield5.65%1.07%
Holdings63,543
YTD Return-34.46%+12.65%
1Y Return-44.57%+21.39%
3Y Return (annualized)-37.90%+21.54%
5Y Return (annualized)-30.83%+12.11%
Volatility (annualized)52.3%15.3%
Max Drawdown-100.0%-56.6%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionFeb 9, 2010May 24, 2001

SMDD vs VTI Performance

UltraPro Short MidCap400 (SMDD) is a ETF from ProShares and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SMDD returned -44.57% while VTI returned +21.39%. Year to date, SMDD is down 34.46% versus a gain of 12.65% for VTI.

Over three years, SMDD compounded at -37.90% per year against +21.54% for VTI; over five years the annualized figures are -30.83% and +12.11% respectively. Across the full 17-year window we track, VTI has the edge at +8.07% annualized vs -40.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SMDD has been the more volatile fund, with annualized monthly volatility of 52.3% compared with 15.3% 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 -100.0% for SMDD 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 -0.83. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SMDD charges 0.95% per year while VTI charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, SMDD currently yields 5.65% against 1.07% for VTI.

Frequently Asked Questions

Which is cheaper, SMDD or VTI?

SMDD has an expense ratio of 0.95% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, SMDD or VTI?

Over the past year SMDD returned -44.57% vs +21.39% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (17 years), SMDD annualized -40.11% vs +8.07% for VTI. Past performance does not guarantee future results.

Which is riskier, SMDD or VTI?

SMDD has been the more volatile fund at 52.3% annualized versus 15.3% for VTI. Worst drawdown: SMDD -100.0% vs VTI -56.6%.

Should I hold both SMDD and VTI?

SMDD and VTI have a monthly-return correlation of -0.83, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SMDD or VTI?

SMDD yields 5.65% while VTI yields 1.07%, so SMDD currently pays the higher dividend yield.

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