NACP vs VTI

Quick Verdict

VTI has a lower expense ratio. NACP delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: NACPMore Diversified: VTI

Side-by-Side Comparison

MetricNACPVTIWinner
Expense Ratio0.49%0.03%
AUM$73M$663.5B
Dividend Yield2.76%1.07%
Holdings2033,543
YTD Return+18.81%+11.83%
1Y Return+36.90%+21.79%
3Y Return (annualized)+24.58%+20.40%
5Y Return (annualized)+14.61%+11.96%
Volatility (annualized)17.7%15.3%
Max Drawdown-31.0%-56.6%
Fund FamilyImpact sharesVanguard (US)
CategoryEquityEquity
InceptionJul 12, 2018May 24, 2001

NACP vs VTI Performance

Impact Shares NAACP Minority Empowerment ETF (NACP) is a ETF from Impact shares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year NACP returned +36.90% while VTI returned +21.79%. Year to date, NACP is up 18.81% versus a gain of 11.83% for VTI.

Over three years, NACP compounded at +24.58% per year against +20.40% for VTI; over five years the annualized figures are +14.61% and +11.96% respectively. Across the full 8-year window we track, NACP has the edge at +16.23% annualized vs +8.06%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

NACP has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -31.0% for NACP 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

NACP charges 0.49% per year while VTI charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, NACP currently yields 2.76% against 1.07% for VTI.

Holdings Overlap

49.7%overlap

NACP and VTI share 190 holdings out of 2795 unique holdings combined, representing a 49.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NACPWeight in VTIDifference
NVDA4.79%6.32%1.53%
MSFT4.77%3.81%0.96%
AMZN4.80%3.17%1.63%
GOOGLProProPro
MUProProPro
METAProProPro
AMDProProPro
TSLAProProPro
JPMProProPro
INTCProProPro
See all 10 holdings NACP shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, NACP or VTI?

NACP has an expense ratio of 0.49% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, NACP or VTI?

Over the past year NACP returned +36.90% vs +21.79% for VTI, so NACP leads on 1-year performance. Over the longest common window we track (8 years), NACP annualized +16.23% vs +8.06% for VTI. Past performance does not guarantee future results.

Which is riskier, NACP or VTI?

NACP has been the more volatile fund at 17.7% annualized versus 15.3% for VTI. Worst drawdown: NACP -31.0% vs VTI -56.6%.

Should I hold both NACP and VTI?

NACP and VTI have a monthly-return correlation of 0.97, 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 NACP and VTI?

NACP and VTI share 190 common holdings with a 49.7% weight overlap. Combined, they hold 2795 unique securities.

Which pays a higher dividend, NACP or VTI?

NACP yields 2.76% while VTI yields 1.07%, so NACP currently pays the higher dividend yield.

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