TPLS vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricTPLSVTIWinner
Expense Ratio0.45%0.03%
AUM$15M$663.5B
Dividend Yield5.09%1.07%
Holdings3013,543
YTD Return-0.55%+10.14%
1Y Return+2.72%+19.82%
3Y Return (annualized)-+18.94%
5Y Return (annualized)-+11.79%
Volatility (annualized)3.6%15.4%
Max Drawdown-3.0%-56.6%
Fund FamilyThornburg Investment ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionFeb 5, 2025May 24, 2001

TPLS vs VTI Performance

Thornburg Core Plus Bond ETF (TPLS) is a ETF from Thornburg Investment Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year TPLS returned +2.72% while VTI returned +19.82%. Year to date, TPLS is down 0.55% versus a gain of 10.14% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 3.6% for TPLS. 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 -3.0% for TPLS 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TPLS charges 0.45% per year while VTI charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, TPLS currently yields 5.09% against 1.07% for VTI.

Holdings Overlap

0.2%overlap

TPLS and VTI share 6 holdings out of 2977 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TPLSWeight in VTIDifference
DUK0.24%0.14%0.10%
ZBRA0.13%0.02%0.11%
FCFS0.13%0.01%0.12%
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Frequently Asked Questions

Which is cheaper, TPLS or VTI?

TPLS has an expense ratio of 0.45% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $42 per year of difference.

Which performed better, TPLS or VTI?

Over the past year TPLS returned +2.72% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), TPLS annualized +3.61% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, TPLS or VTI?

VTI has been the more volatile fund at 15.4% annualized versus 3.6% for TPLS. Worst drawdown: TPLS -3.0% vs VTI -56.6%.

Should I hold both TPLS and VTI?

TPLS and VTI have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TPLS and VTI?

TPLS and VTI share 6 common holdings with a 0.2% weight overlap. Combined, they hold 2977 unique securities.

Which pays a higher dividend, TPLS or VTI?

TPLS yields 5.09% while VTI yields 1.07%, so TPLS currently pays the higher dividend yield.

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