MVV vs VTI
MVV vs VTI
ProShares Ultra MidCap400 vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. MVV delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | MVV | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $156M | $663.5B | |
| Dividend Yield | 0.65% | 1.07% | |
| Holdings | 411 | 3,543 | |
| YTD Return | +26.88% | +13.39% | |
| 1Y Return | +42.03% | +23.21% | |
| 3Y Return (annualized) | +17.71% | +20.65% | |
| 5Y Return (annualized) | +7.50% | +12.18% | |
| Volatility (annualized) | 36.6% | 15.3% | |
| Max Drawdown | -86.3% | -56.6% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 19, 2006 | May 24, 2001 |
MVV vs VTI Performance
ProShares Ultra MidCap400 (MVV) is a ETF from ProShares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year MVV returned +42.03% while VTI returned +23.21%. Year to date, MVV is up 26.88% versus a gain of 13.39% for VTI.
Over three years, MVV compounded at +17.71% per year against +20.65% for VTI; over five years the annualized figures are +7.50% and +12.18% respectively. Across the full 20-year window we track, MVV has the edge at +10.71% annualized vs +8.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVV has been the more volatile fund, with annualized monthly volatility of 36.6% 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 -86.3% for MVV 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MVV charges 0.95% per year while VTI charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, MVV currently yields 0.65% against 1.07% for VTI.
Holdings Overlap
MVV and VTI share 291 holdings out of 2894 unique holdings combined, representing a 2.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MVV | Weight in VTI | Difference |
|---|---|---|---|
| TWLO | 0.65% | 0.04% | 0.61% |
| CRS | 0.63% | 0.04% | 0.59% |
| CW | 0.60% | 0.04% | 0.56% |
| ILMN | Pro | Pro | Pro |
| 0RMV:LN | Pro | Pro | Pro |
| ATI | Pro | Pro | Pro |
| WWD | Pro | Pro | Pro |
| MKSI | Pro | Pro | Pro |
| OKTA | Pro | Pro | Pro |
| XPO | Pro | Pro | Pro |
See all 10 holdings MVV shares with VTI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, MVV or VTI?
MVV has an expense ratio of 0.95% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, MVV or VTI?
Over the past year MVV returned +42.03% vs +23.21% for VTI, so MVV leads on 1-year performance. Over the longest common window we track (20 years), MVV annualized +10.71% vs +8.11% for VTI. Past performance does not guarantee future results.
Which is riskier, MVV or VTI?
MVV has been the more volatile fund at 36.6% annualized versus 15.3% for VTI. Worst drawdown: MVV -86.3% vs VTI -56.6%.
Should I hold both MVV and VTI?
MVV and VTI have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between MVV and VTI?
MVV and VTI share 291 common holdings with a 2.6% weight overlap. Combined, they hold 2894 unique securities.
Which pays a higher dividend, MVV or VTI?
MVV yields 0.65% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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