VBR vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: VBRMore Diversified: VTI

Side-by-Side Comparison

MetricVBRVTIWinner
Expense Ratio0.05%0.03%
AUM$36.9B$663.5B
Dividend Yield2.23%1.07%
Holdings8533,543
YTD Return+18.37%+13.92%
1Y Return+29.30%+24.07%
3Y Return (annualized)+15.61%+20.88%
5Y Return (annualized)+10.60%+12.47%
Volatility (annualized)19.0%15.3%
Max Drawdown-64.0%-56.6%
Fund FamilyVanguard (US)Vanguard (US)
CategoryEquityEquity
InceptionJan 26, 2004May 24, 2001

VBR vs VTI Performance

Vanguard Small Cap Value ETF (VBR) is a ETF from Vanguard (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year VBR returned +29.30% while VTI returned +24.07%. Year to date, VBR is up 18.37% versus a gain of 13.92% for VTI.

Over three years, VBR compounded at +15.61% per year against +20.88% for VTI; over five years the annualized figures are +10.60% and +12.47% respectively. Across the full 23-year window we track, VTI has the edge at +8.13% annualized vs +8.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VBR has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -64.0% for VBR 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

VBR charges 0.05% per year while VTI charges 0.03%. On a $10,000 position that is $5 vs $3 annually, a gap of $2 per year that compounds over a long holding period. On income, VBR currently yields 2.23% against 1.07% for VTI.

Holdings Overlap

3.8%overlap

VBR and VTI share 627 holdings out of 2963 unique holdings combined, representing a 3.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VBRWeight in VTIDifference
SNDK1.06%0.46%0.60%
NRG0.78%0.04%0.74%
EME0.73%0.05%0.68%
TPRProProPro
ATOProProPro
OMCProProPro
FLEX:SIProProPro
WSMProProPro
SWR:IEProProPro
CHRWProProPro
See all 10 holdings VBR 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, VBR or VTI?

VBR has an expense ratio of 0.05% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, VBR or VTI?

Over the past year VBR returned +29.30% vs +24.07% for VTI, so VBR leads on 1-year performance. Over the longest common window we track (23 years), VBR annualized +8.05% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, VBR or VTI?

VBR has been the more volatile fund at 19.0% annualized versus 15.3% for VTI. Worst drawdown: VBR -64.0% vs VTI -56.6%.

Should I hold both VBR and VTI?

VBR and VTI have a monthly-return correlation of 0.92, 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 VBR and VTI?

VBR and VTI share 627 common holdings with a 3.8% weight overlap. Combined, they hold 2963 unique securities.

Which pays a higher dividend, VBR or VTI?

VBR yields 2.23% while VTI yields 1.07%, so VBR currently pays the higher dividend yield.

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