VTI vs XMLV
Vanguard Morningstar Total Stock Market ETF vs Invesco S&P MidCap Low Volatility ETF
Which is better, VTI or XMLV?
Large Cap Blend against Mid Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. XMLV is less concentrated, with 18.8% 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 | XMLV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $666.9B | $738M |
| Dividend Yield | 1.03% | 2.90% |
| Holdings | 3,543 | 82 |
| YTD Return | +12.28%Best | +7.41% |
| 1Y Return | +16.78%Best | +7.39% |
| 3Y Return (annualized) | +20.89%Best | +11.56% |
| 5Y Return (annualized) | +11.94%Best | +6.70% |
| Volatility (annualized) | 14.7% | 13.4%Best |
| Max Drawdown | -35.0%Best | -40.5% |
| $10,000 over 5 years | $17,576Best | $13,830 |
| Top 10 Weight | 33.3% | 18.8%Best |
| Fund Family | Vanguard (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 24, 2001 | Feb 12, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Feb 15, 2013 to Sep 17, 2026 (13.6 years).
VTI vs XMLV 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 13.6 years both funds cover.
VTI vs XMLV Performance
Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US) and Invesco S&P MidCap Low Volatility ETF (XMLV) is an ETF from Invesco (US). Over the past year VTI returned +16.78% while XMLV returned +7.39%. Year to date, VTI is up 12.28% versus a gain of 7.41% for XMLV.
Over three years, VTI compounded at +20.89% per year against +11.56% for XMLV; over five years the annualized figures are +11.94% and +6.70% respectively. Across the full 14-year window we track, VTI has the edge at +12.83% annualized vs +8.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 13.4% for XMLV. 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 -40.5% for XMLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VTI charges 0.03% per year while XMLV charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, VTI currently yields 1.03% against 2.90% for XMLV.
Holdings Overlap
1.0% of VTI's money is in holdings XMLV also owns. 99.9% of XMLV's money is in holdings VTI also owns.
Most of XMLV is already inside VTI. Owning both mostly buys the same companies twice.
80 positions in common, counted across the 3,463 positions we hold weights for in VTI and 81 in XMLV, against full books of 3,543 and 82.
What only one of them owns
Our book lists 1 positions for XMLV that do not appear in our book for VTI (0.1% of the fund), and 1,072 for VTI that do not appear in XMLV (96.4%).
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 XMLV | Difference |
|---|---|---|---|
| TXNMTxnm Energy Inc | 0.01% | 5.22% | 5.21% |
| ADCAgree Realty Corp | 0.01% | 1.57% | 1.56% |
| OGEOge Energy Corp. | 0.01% | 1.54% | 1.53% |
| INGRIngredion Inc | 0.01% | 1.53% | 1.52% |
| NNNNational Retail Properties Inc | 0.01% | 1.53% | 1.52% |
| WPCW.P Carey Inc. | 0.02% | 1.52% | 1.50% |
| STWDStarwood Property Trust Inc Com Reit | 0.01% | 1.49% | 1.48% |
| OGSOne Gas Inc | 0.01% | 1.46% | 1.45% |
| IDAIdacorp Inc Ida | 0.01% | 1.46% | 1.45% |
| ELSEquity Lifestyle Properties, Inc. | 0.02% | 1.44% | 1.42% |
99.9% of XMLV 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 XMLV?
VTI has an expense ratio of 0.03% while XMLV charges 0.25%. VTI is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, VTI or XMLV?
Over the past year VTI returned +16.78% vs +7.39% for XMLV, so VTI leads on 1-year performance. Over the longest common window we track (14 years), VTI annualized +12.83% vs +8.29% for XMLV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VTI or XMLV?
VTI has been the more volatile fund at 14.7% annualized versus 13.4% for XMLV. Worst drawdown: VTI -35.0% vs XMLV -40.5%.
Should I hold both VTI and XMLV?
VTI and XMLV have a monthly-return correlation of 0.81, 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 XMLV?
99.9% of XMLV's money is in holdings VTI also owns. 99.9% of XMLV's is in holdings VTI also owns. They hold 80 positions in common, counted across the 3,463 positions we hold weights for in VTI and 81 in XMLV.
Which pays a higher dividend, VTI or XMLV?
VTI yields 1.03% while XMLV yields 2.90%, so XMLV currently pays the higher dividend yield.
Is XMLV better than VTI?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. XMLV is less concentrated, with 18.8% 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.