USMF vs VTI
WisdomTree US Multifactor Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, USMF or VTI?
Mid Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. USMF is less concentrated, with 17.7% of the fund in its ten largest positions against 33.3%.
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 | USMF | VTI |
|---|---|---|
| Expense Ratio | 0.28% | 0.03%Best |
| AUM | $279M | $666.9B |
| Dividend Yield | 1.33% | 1.03% |
| Holdings | 202 | 3,543 |
| YTD Return | +1.84% | +11.06%Best |
| 1Y Return | +0.83% | +15.41%Best |
| 3Y Return (annualized) | +11.10% | +20.48%Best |
| 5Y Return (annualized) | +6.65% | +11.52%Best |
| Volatility (annualized) | 14.9%Best | 16.4% |
| Max Drawdown | -36.2% | -35.0%Best |
| $10,000 over 5 years | $13,798 | $17,249Best |
| Top 10 Weight | 17.7%Best | 33.3% |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Jun 29, 2017 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2017 to Sep 16, 2026 (9.2 years).
USMF 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 9.2 years both funds cover.
USMF vs VTI Performance
WisdomTree US Multifactor Fund (USMF) is an ETF from WisdomTree Investments and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year USMF returned +0.83% while VTI returned +15.41%. Year to date, USMF is up 1.84% versus a gain of 11.06% for VTI.
Over three years, USMF compounded at +11.10% per year against +20.48% for VTI; over five years the annualized figures are +6.65% and +11.52% respectively. Across the full 9-year window we track, VTI has the edge at +13.55% annualized vs +9.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.9% for USMF. 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 -36.2% for USMF 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
USMF charges 0.28% per year while VTI charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, USMF currently yields 1.33% against 1.03% for VTI.
Holdings Overlap
92.3% of USMF's money is in holdings VTI also owns. 34.4% of VTI's money is in holdings USMF also owns.
Most of USMF is already inside VTI. Owning both mostly buys the same companies twice.
188 positions in common, counted across the 197 positions we hold weights for in USMF and 3,463 in VTI, against full books of 202 and 3,543.
What only one of them owns
Our book lists 965 positions for VTI that do not appear in our book for USMF (63.1% of the fund), and 4 for USMF that do not appear in VTI (1.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in USMF | Weight in VTI | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.21% | 6.29% | 2.08% |
| NVDANvidia Corp | 4.09% | 6.40% | 2.31% |
| AVGOBroadcom Inc | 1.52% | 2.56% | 1.04% |
| LLYEli Lilly & Co. | 1.32% | 1.35% | 0.03% |
| MUMicron Technology, Inc. | 1.05% | 1.29% | 0.24% |
| JNJJohnson & Johnson - Common | 1.04% | 0.86% | 0.18% |
| MRKMerck & Company Inc | 0.94% | 0.45% | 0.49% |
| EXPEExpedia Group Inc (consumer Discretionary) | 1.33% | 0.05% | 1.28% |
| ABBVAbbvie Inc. | 0.70% | 0.61% | 0.09% |
| AMATApplied Materials, Inc. | 0.66% | 0.56% | 0.10% |
92.3% of USMF is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, USMF or VTI?
USMF has an expense ratio of 0.28% while VTI charges 0.03%. VTI is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, USMF or VTI?
Over the past year USMF returned +0.83% vs +15.41% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (9 years), USMF annualized +9.83% vs +13.55% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, USMF or VTI?
VTI has been the more volatile fund at 16.4% annualized versus 14.9% for USMF. Worst drawdown: USMF -36.2% vs VTI -35.0%.
Should I hold both USMF and VTI?
USMF and VTI have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between USMF and VTI?
92.3% of USMF's money is in holdings VTI also owns. 34.4% of VTI's is in holdings USMF also owns. They hold 188 positions in common, counted across the 197 positions we hold weights for in USMF and 3,463 in VTI.
Which pays a higher dividend, USMF or VTI?
USMF yields 1.33% while VTI yields 1.03%, so USMF currently pays the higher dividend yield.
Is VTI better than USMF?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. USMF is less concentrated, with 17.7% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.