KMF vs VTI
Kayne Anderson NextGen Energy & Infrastructure Inc vs Vanguard Morningstar Total Stock Market ETF
Which is better, KMF or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y 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 | KMF | VTI |
|---|---|---|
| Expense Ratio | 3.20% | 0.03%Best |
| AUM | $501M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 39 | 3,524 |
| Volatility (annualized) | 33.2% | 14.7%Best |
| Max Drawdown | -94.3% | -35.0%Best |
| $10,000 over 15.6 years | $9,409 | $64,300Best |
| Fund Family | Kayne Anderson Capital Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Nov 24, 2010 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 104 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KMF has data through Jul 2, 2026 and VTI through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 15.6 years row, are measured over the window both funds cover: Nov 24, 2010 to Jul 2, 2026 (15.6 years).
Risk: Volatility and Drawdowns
KMF has been the more volatile fund, with annualized monthly volatility of 33.2% compared with 14.7% 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 -94.3% for KMF 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KMF charges 3.20% per year while VTI charges 0.03%. On a $10,000 position that is $320 vs $3 annually, a gap of $317 per year that compounds over a long holding period. On income, KMF currently yields 0.00% against 1.06% for VTI.
Holdings Overlap
At least 2.0% of VTI's money is in holdings KMF also owns.
Only one direction is shown: for KMF, our book for it lists positions totalling 113.5% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
VTI and KMF share little of their money.
The two holdings books were reported 1096 days apart, KMF as of Aug 31, 2023 and VTI as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
14 positions in common, counted across the 31 positions we hold weights for in KMF and 3,441 in VTI, against full books of 39 and 3,524.
Top Shared Holdings
| Stock | Weight in KMF | Weight in VTI | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 10.96% | 0.12% | 10.84% |
| TRGPTarga Resources Corp Preferred | 9.95% | 0.09% | 9.86% |
| LNGCheniere Energy Inc. | 9.12% | 0.08% | 9.04% |
| OKEOneok Inc. | 5.75% | 0.08% | 5.67% |
| SRESempra Energy | 4.22% | 0.07% | 4.15% |
| XOMExxonmobil Corp. | 3.23% | 0.90% | 2.33% |
| NEENextera Energy Inc | 3.89% | 0.23% | 3.66% |
| KMIKinder Morgan Inc./de | 2.43% | 0.08% | 2.35% |
| DUKDuke Energy Corp | 1.63% | 0.13% | 1.50% |
| AMAntero Midstream Corporationam | 1.58% | 0.01% | 1.57% |
You are not choosing between two funds in isolation.
Whichever of KMF 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, KMF or VTI?
KMF has an expense ratio of 3.20% while VTI charges 0.03%. VTI is the cheaper option, by $317 a year on a $10,000 investment.
Which is riskier, KMF or VTI?
KMF has been the more volatile fund at 33.2% annualized versus 14.7% for VTI. Worst drawdown: KMF -94.3% vs VTI -35.0%.
Should I hold both KMF and VTI?
KMF and VTI have a monthly-return correlation of 0.68, 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 KMF and VTI?
At least 2.0% of VTI's money is in holdings KMF also owns. Our book for KMF is partial, so the real figure is this or higher. They hold 14 positions in common, counted across the 31 positions we hold weights for in KMF and 3,441 in VTI.
Which pays a higher dividend, KMF or VTI?
KMF yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than KMF?
VTI has a lower expense ratio. VTI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.