SPCZ vs VTI
RiverNorth Enhanced Pre-Merger SPAC ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPCZ or VTI?
Small Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window.
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 | SPCZ | VTI |
|---|---|---|
| Expense Ratio | 0.90% | 0.03%Best |
| AUM | $7M | $666.9B |
| Dividend Yield | 9.67% | 1.03% |
| Holdings | 171 | 3,543 |
| Volatility (annualized) | 6.5%Best | 14.8% |
| Max Drawdown | -12.3%Best | -19.3% |
| $10,000 over 4 years | $11,400 | $20,488Best |
| Fund Family | RiverNorth | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Jul 11, 2022 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 64 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPCZ has data through Jul 8, 2026 and VTI through Sep 10, 2026.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Jul 12, 2022 to Jul 8, 2026 (4 years).
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 6.5% for SPCZ. 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 -12.3% for SPCZ and -19.3% 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 0.03. They move largely independently of each other.
Fees and Cost Over Time
SPCZ charges 0.90% per year while VTI charges 0.03%. On a $10,000 position that is $90 vs $3 annually, a gap of $87 per year that compounds over a long holding period. On income, SPCZ currently yields 9.67% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 87 holdings in SPCZ and 2,787 in VTI, totalling 94.1% and 90.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
The two holdings books were reported 123 days apart, SPCZ as of Feb 27, 2026 and VTI as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 87 positions we hold weights for in SPCZ and 2,787 in VTI, against full books of 171 and 3,543.
You are not choosing between two funds in isolation.
Whichever of SPCZ and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPCZ or VTI?
SPCZ has an expense ratio of 0.90% while VTI charges 0.03%. VTI is the cheaper option, by $87 a year on a $10,000 investment.
Which is riskier, SPCZ or VTI?
VTI has been the more volatile fund at 14.8% annualized versus 6.5% for SPCZ. Worst drawdown: SPCZ -12.3% vs VTI -19.3%.
Should I hold both SPCZ and VTI?
SPCZ and VTI have a monthly-return correlation of 0.03, 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, SPCZ or VTI?
SPCZ yields 9.67% while VTI yields 1.03%, so SPCZ currently pays the higher dividend yield.
Is VTI better than SPCZ?
VTI has a lower expense ratio. VTI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.