VTI vs XHE
Vanguard Morningstar Total Stock Market ETF vs State Street SPDR S&P Health Care Equipment ETF
Which is better, VTI or XHE?
Large Cap Blend against Mid Cap Growth.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. XHE is less concentrated, with 23.2% 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 | VTI | XHE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $690.1B | $192M |
| Dividend Yield | 1.03% | 0.05% |
| Holdings | 3,524 | 71 |
| YTD Return | +13.35%Best | +1.55% |
| 1Y Return | +15.92%Best | +12.08% |
| 3Y Return (annualized) | +23.41%Best | +5.31% |
| 5Y Return (annualized) | +12.83%Best | -6.19% |
| Volatility (annualized) | 14.6%Best | 18.8% |
| Max Drawdown | -35.0%Best | -49.9% |
| $10,000 over 5 years | $18,286Best | $7,265 |
| Top 10 Weight | 33.3% | 23.2%Best |
| Fund Family | Vanguard (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Growth |
| Inception | May 24, 2001 | Jan 26, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2011 to Oct 2, 2026 (15.7 years).
VTI vs XHE 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 15.7 years both funds cover.
VTI vs XHE Performance
Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US) and State Street SPDR S&P Health Care Equipment ETF (XHE) is an ETF from State Street Investment Management. Over the past year VTI returned +15.92% while XHE returned +12.08%. Year to date, VTI is up 13.35% versus a gain of 1.55% for XHE.
Over three years, VTI compounded at +23.41% per year against +5.31% for XHE; over five years the annualized figures are +12.83% and -6.19% respectively. Across the full 16-year window we track, VTI has the edge at +12.23% annualized vs +9.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XHE has been the more volatile fund, with annualized monthly volatility of 18.8% 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 -35.0% for VTI and -49.9% for XHE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VTI charges 0.03% per year while XHE charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, VTI currently yields 1.03% against 0.05% for XHE.
Holdings Overlap
1.4% of VTI's money is in holdings XHE also owns. 97.8% of XHE's money is in holdings VTI also owns.
Most of XHE is already inside VTI. Owning both mostly buys the same companies twice.
65 positions in common, counted across the 3,463 positions we hold weights for in VTI and 70 in XHE, against full books of 3,524 and 71.
What only one of them owns
Our book lists 4 positions for XHE that do not appear in our book for VTI (2.2% of the fund), and 1,121 for VTI that do not appear in XHE (96.0%).
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 VTI | Weight in XHE | Difference |
|---|---|---|---|
| ATRCAtricure, Inc. | 0.00% | 3.08% | 3.08% |
| ASSTStrive Inc - A | 0.00% | 2.98% | 2.98% |
| INSPInspire Medical Systems, Inc. | 0.00% | 2.69% | 2.69% |
| ITGRInteger Holdings Corp | 0.01% | 2.14% | 2.13% |
| GKOSGlaukos Corp. | 0.01% | 2.12% | 2.11% |
| BFLYButterfly Network, Inc. | 0.00% | 2.12% | 2.12% |
| ABTAbbott Laboratories | 0.26% | 1.78% | 1.52% |
| HAEHaemonetics Corp | 0.01% | 2.03% | 2.02% |
| ATECAlphatec Holdings Inc | 0.00% | 2.02% | 2.02% |
| MMSIMerit Medical Systems Inc | 0.01% | 2.01% | 2.00% |
97.8% of XHE 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, VTI or XHE?
VTI has an expense ratio of 0.03% while XHE charges 0.35%. VTI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, VTI or XHE?
Over the past year VTI returned +15.92% vs +12.08% for XHE, so VTI leads on 1-year performance. Over the longest common window we track (16 years), VTI annualized +12.23% vs +9.29% for XHE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VTI or XHE?
XHE has been the more volatile fund at 18.8% annualized versus 14.6% for VTI. Worst drawdown: VTI -35.0% vs XHE -49.9%.
Should I hold both VTI and XHE?
VTI and XHE have a monthly-return correlation of 0.73, 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 VTI and XHE?
97.8% of XHE's money is in holdings VTI also owns. 97.8% of XHE's is in holdings VTI also owns. They hold 65 positions in common, counted across the 3,463 positions we hold weights for in VTI and 70 in XHE.
Which pays a higher dividend, VTI or XHE?
VTI yields 1.03% while XHE yields 0.05%, so VTI currently pays the higher dividend yield.
Is XHE better than VTI?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. XHE is less concentrated, with 23.2% 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.