LTPZ vs VTI
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, LTPZ or VTI?
US Inflation Protection 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 79.0%.
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 | LTPZ | VTI |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $1.1B | $689.2B |
| Dividend Yield | 6.86% | 1.06% |
| Holdings | 43 | 3,524 |
| YTD Return | -7.04% | +13.02%Best |
| 1Y Return | -10.01% | +16.63%Best |
| 3Y Return (annualized) | +0.84% | +21.97%Best |
| 5Y Return (annualized) | -8.21% | +11.99%Best |
| Volatility (annualized) | 11.9%Best | 14.8% |
| Max Drawdown | -41.0% | -35.0%Best |
| $10,000 over 5 years | $6,516 | $17,616Best |
| Top 10 Weight | 79.0% | 33.5%Best |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | US Inflation Protection | Large Cap Blend |
| Inception | Sep 3, 2009 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 8, 2009 to Oct 14, 2026 (17.1 years).
LTPZ 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 17.1 years both funds cover.
LTPZ vs VTI Performance
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund (LTPZ) is an ETF from PIMCO (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year LTPZ returned -10.01% while VTI returned +16.63%. Year to date, LTPZ is down 7.04% versus a gain of 13.02% for VTI.
Over three years, LTPZ compounded at +0.84% per year against +21.97% for VTI; over five years the annualized figures are -8.21% and +11.99% respectively. Across the full 17-year window we track, VTI has the edge at +12.80% annualized vs +1.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 11.9% for LTPZ. 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 -41.0% for LTPZ 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 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LTPZ charges 0.20% per year while VTI charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, LTPZ currently yields 6.86% against 1.06% for VTI.
Holdings Overlap
We hold position weights for 14 holdings in LTPZ and 3,441 in VTI, totalling 96.5% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 14 positions we hold weights for in LTPZ and 3,441 in VTI, against full books of 43 and 3,524.
What only one of them owns
Our book lists 1,156 positions for VTI that do not appear in our book for LTPZ (97.6% of the fund), and 14 for LTPZ that do not appear in VTI (96.5%).
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.
You are not choosing between two funds in isolation.
Whichever of LTPZ 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, LTPZ or VTI?
LTPZ has an expense ratio of 0.20% while VTI charges 0.03%. VTI is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, LTPZ or VTI?
Over the past year LTPZ returned -10.01% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (17 years), LTPZ annualized +1.07% vs +12.80% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LTPZ or VTI?
VTI has been the more volatile fund at 14.8% annualized versus 11.9% for LTPZ. Worst drawdown: LTPZ -41.0% vs VTI -35.0%.
Should I hold both LTPZ and VTI?
LTPZ and VTI have a monthly-return correlation of 0.30, 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, LTPZ or VTI?
LTPZ yields 6.86% while VTI yields 1.06%, so LTPZ currently pays the higher dividend yield.
Is VTI better than LTPZ?
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 79.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.