QVMS vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: QVMSMore Diversified: VTI

Side-by-Side Comparison

MetricQVMSVTIWinner
Expense Ratio0.15%0.03%
AUM$251M$663.5B
Dividend Yield1.13%1.07%
Holdings5373,543
YTD Return+22.93%+11.83%
1Y Return+35.67%+21.79%
3Y Return (annualized)+14.85%+20.40%
5Y Return (annualized)+8.69%+11.96%
Volatility (annualized)19.9%15.3%
Max Drawdown-28.4%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 28, 2021May 24, 2001

QVMS vs VTI Performance

Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year QVMS returned +35.67% while VTI returned +21.79%. Year to date, QVMS is up 22.93% versus a gain of 11.83% for VTI.

Over three years, QVMS compounded at +14.85% per year against +20.40% for VTI; over five years the annualized figures are +8.69% and +11.96% respectively. Across the full 5-year window we track, QVMS has the edge at +8.09% annualized vs +8.06%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QVMS has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -28.4% for QVMS 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

QVMS charges 0.15% per year while VTI charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, QVMS currently yields 1.13% against 1.07% for VTI.

Holdings Overlap

0.3%overlap

QVMS and VTI share 413 holdings out of 2901 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QVMSWeight in VTIDifference
VSAT0.83%0.02%0.81%
FORM0.73%0.02%0.71%
ESI0.69%0.02%0.67%
MXLProProPro
MOHProProPro
KRYSProProPro
BTSGProProPro
MYRGProProPro
ECGProProPro
POWLProProPro
See all 10 holdings QVMS 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, QVMS or VTI?

QVMS has an expense ratio of 0.15% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, QVMS or VTI?

Over the past year QVMS returned +35.67% vs +21.79% for VTI, so QVMS leads on 1-year performance. Over the longest common window we track (5 years), QVMS annualized +8.09% vs +8.06% for VTI. Past performance does not guarantee future results.

Which is riskier, QVMS or VTI?

QVMS has been the more volatile fund at 19.9% annualized versus 15.3% for VTI. Worst drawdown: QVMS -28.4% vs VTI -56.6%.

Should I hold both QVMS and VTI?

QVMS and VTI have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QVMS and VTI?

QVMS and VTI share 413 common holdings with a 0.3% weight overlap. Combined, they hold 2901 unique securities.

Which pays a higher dividend, QVMS or VTI?

QVMS yields 1.13% while VTI yields 1.07%, so QVMS currently pays the higher dividend yield.

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