TLTD vs VTI
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, TLTD or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. TLTD led over 1Y and 3Y, VTI over 5Y 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 | TLTD | VTI |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $691M | $666.9B |
| Dividend Yield | 3.18% | 1.03% |
| Holdings | 2,408 | 3,543 |
| YTD Return | +11.78%Best | +11.65% |
| 1Y Return | +20.91%Best | +17.34% |
| 3Y Return (annualized) | +20.98%Best | +20.35% |
| 5Y Return (annualized) | +10.37% | +11.72%Best |
| Volatility (annualized) | 15.0% | 14.6%Best |
| Max Drawdown | -44.6% | -35.0%Best |
| $10,000 over 5 years | $16,378 | $17,404Best |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 25, 2012 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2012 to Sep 10, 2026 (13.9 years).
TLTD 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 13.9 years both funds cover.
TLTD vs VTI Performance
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF (TLTD) 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 TLTD returned +20.91% while VTI returned +17.34%. Year to date, TLTD is up 11.78% versus a gain of 11.65% for VTI.
Over three years, TLTD compounded at +20.98% per year against +20.35% for VTI; over five years the annualized figures are +10.37% and +11.72% respectively. Across the full 14-year window we track, VTI has the edge at +12.96% annualized vs +6.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TLTD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 14.6% 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 -44.6% for TLTD 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
TLTD 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, TLTD currently yields 3.18% against 1.03% for VTI.
Holdings Overlap
At least 1.0% of TLTD's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
12 positions in common, counted across the 2,231 positions we hold weights for in TLTD and 2,787 in VTI, against full books of 2,408 and 3,543.
Top Shared Holdings
| Stock | Weight in TLTD | Weight in VTI | Difference |
|---|---|---|---|
| ROPRoper Technologies Inc. | 0.55% | 0.05% | 0.50% |
| TWTradeweb Markets Inc | 0.22% | 0.02% | 0.20% |
| WCN:CAWaste Connections Inc | 0.07% | 0.06% | 0.01% |
| UMG:ASUniversal Music Group NV | 0.02% | 0.05% | 0.03% |
| RBA:CARb Global Inc | 0.03% | 0.03% | 0.00% |
| FBK:MIFinecobank S.P.A. | 0.03% | 0.00% | 0.03% |
| SGP:AUStockland | 0.02% | 0.00% | 0.02% |
| DANDana Inc | 0.01% | 0.00% | 0.01% |
| NEONeoperformancematerials,Inc. | 0.01% | 0.00% | 0.01% |
| CLW:AUCharter Hall Long Wale Reit | 0.01% | 0.00% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of TLTD 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, TLTD or VTI?
TLTD 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, TLTD or VTI?
Over the past year TLTD returned +20.91% vs +17.34% for VTI, so TLTD leads on 1-year performance. Over the longest common window we track (14 years), TLTD annualized +6.83% vs +12.96% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TLTD or VTI?
TLTD has been the more volatile fund at 15.0% annualized versus 14.6% for VTI. Worst drawdown: TLTD -44.6% vs VTI -35.0%.
Should I hold both TLTD and VTI?
TLTD 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.
Which pays a higher dividend, TLTD or VTI?
TLTD yields 3.18% while VTI yields 1.03%, so TLTD currently pays the higher dividend yield.
Is VTI better than TLTD?
VTI has a lower expense ratio. TLTD led over 1Y and 3Y, VTI over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.