TSMU vs VTI

TSMU vs VTI
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Quick Verdict

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

Lower Fees: VTIHigher Returns: TSMUMore Diversified: VTI

Side-by-Side Comparison

MetricTSMUVTIWinner
Expense Ratio1.50%0.03%
AUM$63M$666.9B
Dividend Yield0.00%1.07%
Holdings23,543
YTD Return+38.98%+13.14%
1Y Return+149.16%+22.35%
3Y Return (annualized)-+21.83%
5Y Return (annualized)-+12.01%
Volatility (annualized)73.0%15.3%
Max Drawdown-63.7%-56.6%
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
InceptionNov 11, 2024May 24, 2001

TSMU vs VTI Performance

GraniteShares 2x Long TSM Daily ETF (TSMU) is a ETF from GraniteShares and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year TSMU returned +149.16% while VTI returned +22.35%. Year to date, TSMU is up 38.98% versus a gain of 13.14% for VTI.

Risk: Volatility and Drawdowns

TSMU has been the more volatile fund, with annualized monthly volatility of 73.0% 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 -63.7% for TSMU 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TSMU charges 1.50% per year while VTI charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, TSMU currently yields 0.00% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

TSMU and VTI share 0 holdings out of 2788 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, TSMU or VTI?

TSMU has an expense ratio of 1.50% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $147 per year of difference.

Which performed better, TSMU or VTI?

Over the past year TSMU returned +149.16% vs +22.35% for VTI, so TSMU leads on 1-year performance. Over the longest common window we track (2 years), TSMU annualized +77.45% vs +8.09% for VTI. Past performance does not guarantee future results.

Which is riskier, TSMU or VTI?

TSMU has been the more volatile fund at 73.0% annualized versus 15.3% for VTI. Worst drawdown: TSMU -63.7% vs VTI -56.6%.

Should I hold both TSMU and VTI?

TSMU and VTI have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TSMU and VTI?

TSMU and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2788 unique securities.

Which pays a higher dividend, TSMU or VTI?

TSMU yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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