VFVA vs VTI
Vanguard US Value Factor ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, VFVA or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VFVA led over 1Y, VTI over 3Y, 5Y and the full window. VFVA is less concentrated, with 7.9% 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 | VFVA | VTI |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $951M | $666.9B |
| Dividend Yield | 1.73% | 1.03% |
| Holdings | 693 | 3,543 |
| YTD Return | +15.28%Best | +13.14% |
| 1Y Return | +20.54%Best | +16.63% |
| 3Y Return (annualized) | +17.29% | +22.30%Best |
| 5Y Return (annualized) | +11.36% | +12.01%Best |
| Volatility (annualized) | 22.9% | 16.8%Best |
| Max Drawdown | -48.6% | -35.0%Best |
| $10,000 over 5 years | $17,126 | $17,631Best |
| Top 10 Weight | 7.9%Best | 33.3% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Feb 13, 2018 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Feb 15, 2018 to Sep 23, 2026 (8.6 years).
VFVA 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 8.6 years both funds cover.
VFVA vs VTI Performance
Vanguard US Value Factor ETF (VFVA) is an ETF from Vanguard (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year VFVA returned +20.54% while VTI returned +16.63%. Year to date, VFVA is up 15.28% versus a gain of 13.14% for VTI.
Over three years, VFVA compounded at +17.29% per year against +22.30% for VTI; over five years the annualized figures are +11.36% and +12.01% respectively. Across the full 9-year window we track, VTI has the edge at +13.25% annualized vs +10.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFVA has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 16.8% 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 -48.6% for VFVA 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VFVA charges 0.13% per year while VTI charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, VFVA currently yields 1.73% against 1.03% for VTI.
Holdings Overlap
96.3% of VFVA's money is in holdings VTI also owns. 29.2% of VTI's money is in holdings VFVA also owns.
Most of VFVA is already inside VTI. Owning both mostly buys the same companies twice.
651 positions in common, counted across the 688 positions we hold weights for in VFVA and 3,463 in VTI, against full books of 693 and 3,543.
What only one of them owns
Our book lists 814 positions for VTI that do not appear in our book for VFVA (68.4% of the fund), and 25 for VFVA that do not appear in VTI (2.5%).
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 VFVA | Weight in VTI | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 0.06% | 3.65% | 3.59% |
| METAMeta Platforms Inc | 0.32% | 1.70% | 1.38% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.26% | 1.28% | 1.02% |
| JPMJpmorgan Chase | 0.14% | 1.31% | 1.17% |
| XOMExxon Mobil Corp. | 0.38% | 0.89% | 0.51% |
| CRMSalesforce Inc Crm Us Equity | 0.96% | 0.20% | 0.76% |
| CVXChevron Corp | 0.59% | 0.52% | 0.07% |
| BMYBristol-Myers Squibb Co. | 0.86% | 0.18% | 0.68% |
| TBBAt&t Inc | 0.79% | 0.22% | 0.57% |
| VZVerizon Communic | 0.77% | 0.24% | 0.53% |
96.3% of VFVA 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, VFVA or VTI?
VFVA has an expense ratio of 0.13% while VTI charges 0.03%. VTI is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, VFVA or VTI?
Over the past year VFVA returned +20.54% vs +16.63% for VTI, so VFVA leads on 1-year performance. Over the longest common window we track (9 years), VFVA annualized +10.60% vs +13.25% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VFVA or VTI?
VFVA has been the more volatile fund at 22.9% annualized versus 16.8% for VTI. Worst drawdown: VFVA -48.6% vs VTI -35.0%.
Should I hold both VFVA and VTI?
VFVA and VTI have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VFVA and VTI?
96.3% of VFVA's money is in holdings VTI also owns. 29.2% of VTI's is in holdings VFVA also owns. They hold 651 positions in common, counted across the 688 positions we hold weights for in VFVA and 3,463 in VTI.
Which pays a higher dividend, VFVA or VTI?
VFVA yields 1.73% while VTI yields 1.03%, so VFVA currently pays the higher dividend yield.
Is VTI better than VFVA?
VTI has a lower expense ratio. VFVA led over 1Y, VTI over 3Y, 5Y and the full window. VFVA is less concentrated, with 7.9% 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.