GMF vs VTI
State Street SPDR S&P Emerging Asia Pacific ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, GMF or VTI?
VTI has been ahead.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GMF | VTI |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $405M | $689.2B |
| Dividend Yield | 1.18% | 1.06% |
| Holdings | 1,290 | 3,524 |
| YTD Return | +8.04% | +13.02%Best |
| 1Y Return | +12.98% | +16.63%Best |
| 3Y Return (annualized) | +17.91% | +21.97%Best |
| 5Y Return (annualized) | +5.92% | +11.99%Best |
| Volatility (annualized) | 20.7% | 15.9%Best |
| Max Drawdown | -67.6% | -56.6%Best |
| $10,000 over 5 years | $13,332 | $17,616Best |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 19, 2007 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 23, 2007 to Oct 14, 2026 (19.6 years).
GMF vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.6 years both funds cover.
GMF vs VTI Performance
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) is an ETF from State Street Investment Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year GMF returned +12.98% while VTI returned +16.63%. Year to date, GMF is up 8.04% versus a gain of 13.02% for VTI.
Over three years, GMF compounded at +17.91% per year against +21.97% for VTI; over five years the annualized figures are +5.92% and +11.99% respectively. Across the full 20-year window we track, VTI has the edge at +9.31% annualized vs +5.32%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMF has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 15.9% 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 -67.6% for GMF and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GMF charges 0.49% per year while VTI charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, GMF currently yields 1.18% against 1.06% for VTI.
Holdings Overlap
We hold position weights for 1,284 holdings in GMF and 3,441 in VTI, totalling 88.4% and 98.1% of the two funds. That is not enough of GMF to divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 1,284 positions we hold weights for in GMF and 3,441 in VTI, against full books of 1,290 and 3,524.
You are not choosing between two funds in isolation.
Whichever of GMF and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GMF or VTI?
GMF has an expense ratio of 0.49% while VTI charges 0.03%. VTI is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, GMF or VTI?
Over the past year GMF returned +12.98% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), GMF annualized +5.32% vs +9.31% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMF or VTI?
GMF has been the more volatile fund at 20.7% annualized versus 15.9% for VTI. Worst drawdown: GMF -67.6% vs VTI -56.6%.
Should I hold both GMF and VTI?
GMF and VTI have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GMF or VTI?
GMF yields 1.18% while VTI yields 1.06%, so GMF currently pays the higher dividend yield.
Is VTI better than GMF?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.