KBWY vs VTI
Invesco KBW Premium Yield Equity REIT ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, KBWY or VTI?
Small Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 45.1%.
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 | KBWY | VTI |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $287M | $689.2B |
| Dividend Yield | 8.89% | 1.06% |
| Holdings | 32 | 3,524 |
| YTD Return | +9.91% | +13.02%Best |
| 1Y Return | +14.18% | +16.63%Best |
| 3Y Return (annualized) | +6.45% | +21.97%Best |
| 5Y Return (annualized) | -0.20% | +11.99%Best |
| Volatility (annualized) | 22.2% | 14.5%Best |
| Max Drawdown | -64.3% | -35.0%Best |
| $10,000 over 5 years | $9,900 | $17,616Best |
| Top 10 Weight | 45.1% | 33.5%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Dec 2, 2010 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Dec 2, 2010 to Oct 14, 2026 (15.9 years).
KBWY 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 15.9 years both funds cover.
KBWY vs VTI Performance
Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year KBWY returned +14.18% while VTI returned +16.63%. Year to date, KBWY is up 9.91% versus a gain of 13.02% for VTI.
Over three years, KBWY compounded at +6.45% per year against +21.97% for VTI; over five years the annualized figures are -0.20% and +11.99% respectively. Across the full 16-year window we track, VTI has the edge at +12.48% annualized vs +0.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KBWY has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 14.5% 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 -64.3% for KBWY and -35.0% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KBWY charges 0.35% per year while VTI charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, KBWY currently yields 8.89% against 1.06% for VTI.
Holdings Overlap
100.0% of KBWY's money is in holdings VTI also owns. 0.1% of VTI's money is in holdings KBWY also owns.
Most of KBWY is already inside VTI. Owning both mostly buys the same companies twice.
28 positions in common, counted across the 28 positions we hold weights for in KBWY and 3,441 in VTI, against full books of 32 and 3,524.
What only one of them owns
Our book lists 1,149 positions for VTI that do not appear in our book for KBWY (97.5% of the fund), and 0 for KBWY that do not appear in VTI (0.0%).
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 KBWY | Weight in VTI | Difference |
|---|---|---|---|
| IIPRInnovative Industrial Properties Inc | 6.91% | 0.00% | 6.91% |
| GOODGladstone Commercial Corporation | 5.19% | 0.00% | 5.19% |
| CHCTCommunity Healthcare Trust Inc | 4.67% | 0.00% | 4.67% |
| MRPMillrose Properties Inc Class A | 4.60% | 0.01% | 4.59% |
| AHHArmada Hoffler Properties Inc | 4.13% | 0.00% | 4.13% |
| DEAEasterly Government Properties Inc | 3.98% | 0.00% | 3.98% |
| NXRTNexpoint Residential Reit | 3.96% | 0.00% | 3.96% |
| GLPIGaming & Leisure Pptys Inc | 3.89% | 0.02% | 3.87% |
| CTOCTO Realty Growth, Inc. | 3.90% | 0.00% | 3.90% |
| GNLGlobal Net Lease Inc | 3.90% | 0.00% | 3.90% |
100.0% of KBWY 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, KBWY or VTI?
KBWY has an expense ratio of 0.35% while VTI charges 0.03%. VTI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, KBWY or VTI?
Over the past year KBWY returned +14.18% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), KBWY annualized +0.02% vs +12.48% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KBWY or VTI?
KBWY has been the more volatile fund at 22.2% annualized versus 14.5% for VTI. Worst drawdown: KBWY -64.3% vs VTI -35.0%.
Should I hold both KBWY and VTI?
KBWY and VTI have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KBWY and VTI?
100.0% of KBWY's money is in holdings VTI also owns. 0.1% of VTI's is in holdings KBWY also owns. They hold 28 positions in common, counted across the 28 positions we hold weights for in KBWY and 3,441 in VTI.
Which pays a higher dividend, KBWY or VTI?
KBWY yields 8.89% while VTI yields 1.06%, so KBWY currently pays the higher dividend yield.
Is VTI better than KBWY?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 45.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.