QVML vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: QVMLMore Diversified: VTI

Side-by-Side Comparison

MetricQVMLVTIWinner
Expense Ratio0.11%0.03%
AUM$1.5B$663.5B
Dividend Yield1.01%1.07%
Holdings4513,543
YTD Return+11.29%+10.14%
1Y Return+20.73%+19.82%
3Y Return (annualized)+19.80%+18.94%
5Y Return (annualized)+13.16%+11.79%
Volatility (annualized)15.4%15.4%
Max Drawdown-23.5%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 28, 2021May 24, 2001

QVML vs VTI Performance

Invesco S&P 500 QVM Multi-factor ETF (QVML) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year QVML returned +20.73% while VTI returned +19.82%. Year to date, QVML is up 11.29% versus a gain of 10.14% for VTI.

Over three years, QVML compounded at +19.80% per year against +18.94% for VTI; over five years the annualized figures are +13.16% and +11.79% respectively. Across the full 5-year window we track, QVML has the edge at +13.37% annualized vs +7.99%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QVML has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.4% 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 -23.5% for QVML 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QVML charges 0.11% per year while VTI charges 0.03%. On a $10,000 position that is $11 vs $3 annually, a gap of $8 per year that compounds over a long holding period. On income, QVML currently yields 1.01% against 1.07% for VTI.

Holdings Overlap

73.4%overlap

QVML and VTI share 411 holdings out of 2819 unique holdings combined, representing a 73.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in QVMLWeight in VTIDifference
NVDA8.14%6.32%1.82%
AAPL7.23%5.84%1.39%
GOOG6.46%2.27%4.19%
MSFTProProPro
AMZNProProPro
AVGOProProPro
MUProProPro
METAProProPro
LLYProProPro
JPMProProPro
See all 10 holdings QVML 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, QVML or VTI?

QVML has an expense ratio of 0.11% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $8 per year of difference.

Which performed better, QVML or VTI?

Over the past year QVML returned +20.73% vs +19.82% for VTI, so QVML leads on 1-year performance. Over the longest common window we track (5 years), QVML annualized +13.37% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, QVML or VTI?

QVML has been the more volatile fund at 15.4% annualized versus 15.4% for VTI. Worst drawdown: QVML -23.5% vs VTI -56.6%.

Should I hold both QVML and VTI?

QVML and VTI have a monthly-return correlation of 0.99, 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 QVML and VTI?

QVML and VTI share 411 common holdings with a 73.4% weight overlap. Combined, they hold 2819 unique securities.

Which pays a higher dividend, QVML or VTI?

QVML yields 1.01% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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