TMV vs VTI
Direxion Daily 20+ Year Treasury Bear 3X ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, TMV or VTI?
Trading-Inverse Debt against Large Cap Blend.
VTI has a lower expense ratio. TMV led over 1Y and 5Y, VTI over 3Y 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 | TMV | VTI |
|---|---|---|
| Expense Ratio | 0.97% | 0.03%Best |
| AUM | $203M | $666.9B |
| Dividend Yield | 2.28% | 1.03% |
| Holdings | 9 | 3,543 |
| YTD Return | +21.53%Best | +12.57% |
| 1Y Return | +34.94%Best | +17.22% |
| 3Y Return (annualized) | +10.04% | +20.87%Best |
| 5Y Return (annualized) | +28.91%Best | +11.86% |
| Volatility (annualized) | 40.0% | 14.8%Best |
| Max Drawdown | - | -35.0% |
| $10,000 over 5 years | $35,599Best | $17,514 |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Debt | Large Cap Blend |
| Inception | Apr 16, 2009 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 16, 2009 to Sep 11, 2026 (17.4 years).
TMV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
TMV vs VTI Performance
Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) is an ETF from Direxion Shares ETF Trust and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year TMV returned +34.94% while VTI returned +17.22%. Year to date, TMV is up 21.53% versus a gain of 12.57% for VTI.
Over three years, TMV compounded at +10.04% per year against +20.87% for VTI; over five years the annualized figures are +28.91% and +11.86% respectively. Across the full 17-year window we track, VTI has the edge at +13.73% annualized vs -14.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMV has been the more volatile fund, with annualized monthly volatility of 40.0% compared with 14.8% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
TMV charges 0.97% per year while VTI charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, TMV currently yields 2.28% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 3 holdings in TMV and 2,787 in VTI, totalling 102.7% and 90.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in TMV and 2,787 in VTI, against full books of 9 and 3,543.
You are not choosing between two funds in isolation.
Whichever of TMV 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, TMV or VTI?
TMV has an expense ratio of 0.97% while VTI charges 0.03%. VTI is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, TMV or VTI?
Over the past year TMV returned +34.94% vs +17.22% for VTI, so TMV leads on 1-year performance. Over the longest common window we track (17 years), TMV annualized -14.53% vs +13.73% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TMV or VTI?
TMV has been the more volatile fund at 40.0% annualized versus 14.8% for VTI.
Should I hold both TMV and VTI?
TMV and VTI have a monthly-return correlation of 0.08, 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, TMV or VTI?
TMV yields 2.28% while VTI yields 1.03%, so TMV currently pays the higher dividend yield.
Is VTI better than TMV?
VTI has a lower expense ratio. TMV led over 1Y and 5Y, VTI over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.