RWL vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: RWLMore Diversified: VTI

Side-by-Side Comparison

MetricRWLVTIWinner
Expense Ratio0.39%0.03%
AUM$9.6B$663.5B
Dividend Yield1.26%1.07%
Holdings5053,543
YTD Return+17.00%+13.92%
1Y Return+31.75%+24.07%
3Y Return (annualized)+19.29%+20.88%
5Y Return (annualized)+14.21%+12.47%
Volatility (annualized)16.5%15.3%
Max Drawdown-55.3%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionFeb 19, 2008May 24, 2001

RWL vs VTI Performance

Invesco S&P 500 Revenue ETF (RWL) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year RWL returned +31.75% while VTI returned +24.07%. Year to date, RWL is up 17.00% versus a gain of 13.92% for VTI.

Over three years, RWL compounded at +19.29% per year against +20.88% for VTI; over five years the annualized figures are +14.21% and +12.47% respectively. Across the full 18-year window we track, RWL has the edge at +10.09% annualized vs +8.13%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

RWL has been the more volatile fund, with annualized monthly volatility of 16.5% 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 -55.3% for RWL 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

RWL charges 0.39% per year while VTI charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, RWL currently yields 1.26% against 1.07% for VTI.

Holdings Overlap

49.7%overlap

RWL and VTI share 453 holdings out of 2820 unique holdings combined, representing a 49.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RWLWeight in VTIDifference
AAPL2.23%5.84%3.61%
NVDA1.26%6.32%5.06%
AMZN3.83%3.17%0.66%
MSFTProProPro
WMTProProPro
GOOGLProProPro
GOOGProProPro
UNHProProPro
AVGOProProPro
METAProProPro
See all 10 holdings RWL 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, RWL or VTI?

RWL has an expense ratio of 0.39% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, RWL or VTI?

Over the past year RWL returned +31.75% vs +24.07% for VTI, so RWL leads on 1-year performance. Over the longest common window we track (18 years), RWL annualized +10.09% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, RWL or VTI?

RWL has been the more volatile fund at 16.5% annualized versus 15.3% for VTI. Worst drawdown: RWL -55.3% vs VTI -56.6%.

Should I hold both RWL and VTI?

RWL and VTI have a monthly-return correlation of 0.95, 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 RWL and VTI?

RWL and VTI share 453 common holdings with a 49.7% weight overlap. Combined, they hold 2820 unique securities.

Which pays a higher dividend, RWL or VTI?

RWL yields 1.26% while VTI yields 1.07%, so RWL currently pays the higher dividend yield.

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