GSPY vs VTI
The Gotham Enhanced 500 ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, GSPY or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. GSPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 39.2%.
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 | GSPY | VTI |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $723M | $689.2B |
| Dividend Yield | 2.28% | 1.06% |
| Holdings | 1,004 | 3,524 |
| YTD Return | +15.70%Best | +13.02% |
| 1Y Return | +20.41%Best | +16.63% |
| 3Y Return (annualized) | +22.71%Best | +21.97% |
| 5Y Return (annualized) | +13.69%Best | +11.99% |
| Volatility (annualized) | 14.6%Best | 15.1% |
| Max Drawdown | -23.3%Best | -25.4% |
| $10,000 over 5 years | $18,994Best | $17,616 |
| Top 10 Weight | 39.2% | 33.5%Best |
| Fund Family | Gotham Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 30, 2016 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 29, 2020 to Oct 14, 2026 (5.8 years).
GSPY 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 5.8 years both funds cover.
GSPY vs VTI Performance
The Gotham Enhanced 500 ETF (GSPY) is an ETF from Gotham Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year GSPY returned +20.41% while VTI returned +16.63%. Year to date, GSPY is up 15.70% versus a gain of 13.02% for VTI.
Over three years, GSPY compounded at +22.71% per year against +21.97% for VTI; over five years the annualized figures are +13.69% and +11.99% respectively. Across the full 6-year window we track, GSPY has the edge at +15.21% annualized vs +13.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.6% for GSPY. 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 -23.3% for GSPY and -25.4% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSPY charges 0.50% per year while VTI charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, GSPY currently yields 2.28% against 1.06% for VTI.
Holdings Overlap
98.9% of GSPY's money is in holdings VTI also owns. 85.8% of VTI's money is in holdings GSPY also owns.
Most of GSPY is already inside VTI. Owning both mostly buys the same companies twice.
491 positions in common, counted across the 501 positions we hold weights for in GSPY and 3,441 in VTI, against full books of 1,004 and 3,524.
What only one of them owns
Our book lists 666 positions for VTI that do not appear in our book for GSPY (11.9% of the fund), and 5 for GSPY that do not appear in VTI (1.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GSPY | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.68% | 6.88% | 0.20% |
| AAPLApple, Inc | 6.97% | 6.30% | 0.67% |
| MSFTMicrosoft Corp | 6.29% | 5.11% | 1.18% |
| AMZNAmazon.Com Inc | 4.57% | 3.41% | 1.16% |
| GOOGLAlphabet Inc | 4.74% | 2.70% | 2.04% |
| METAMeta Platforms Inc | 2.85% | 1.70% | 1.15% |
| MUMicron Technology, Inc. | 2.56% | 1.46% | 1.10% |
| AVGOBroadcom Inc | 1.60% | 2.38% | 0.78% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.57% | 1.23% | 0.34% |
| JPMJpmorgan Chase | 1.36% | 1.29% | 0.07% |
98.9% of GSPY is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GSPY or VTI?
GSPY has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, GSPY or VTI?
Over the past year GSPY returned +20.41% vs +16.63% for VTI, so GSPY leads on 1-year performance. Over the longest common window we track (6 years), GSPY annualized +15.21% vs +13.77% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSPY or VTI?
VTI has been the more volatile fund at 15.1% annualized versus 14.6% for GSPY. Worst drawdown: GSPY -23.3% vs VTI -25.4%.
Should I hold both GSPY and VTI?
GSPY and VTI have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GSPY and VTI?
98.9% of GSPY's money is in holdings VTI also owns. 85.8% of VTI's is in holdings GSPY also owns. They hold 491 positions in common, counted across the 501 positions we hold weights for in GSPY and 3,441 in VTI.
Which pays a higher dividend, GSPY or VTI?
GSPY yields 2.28% while VTI yields 1.06%, so GSPY currently pays the higher dividend yield.
Is VTI better than GSPY?
VTI has a lower expense ratio. GSPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 39.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.