TOGA vs VTI
Tremblant Global ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, TOGA or VTI?
Mid Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 44.0%.
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 | TOGA | VTI |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $174M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 66 | 3,524 |
| YTD Return | -13.54% | +13.02%Best |
| 1Y Return | -14.87% | +16.63%Best |
| 3Y Return (annualized) | - | +21.97% |
| 5Y Return (annualized) | - | +11.99% |
| Volatility (annualized) | 17.9% | 11.9%Best |
| Max Drawdown | -28.5% | -19.3%Best |
| $10,000 over 2.4 years | $11,522 | $15,200Best |
| Top 10 Weight | 44.0% | 33.5%Best |
| Fund Family | Tremblant Advisors LP | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Aug 1, 2022 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 3, 2024 to Oct 14, 2026 (2.4 years).
TOGA 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 2.4 years both funds cover.
TOGA vs VTI Performance
Tremblant Global ETF (TOGA) is an ETF from Tremblant Advisors LP and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year TOGA returned -14.87% while VTI returned +16.63%. Year to date, TOGA is down 13.54% versus a gain of 13.02% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOGA has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 11.9% 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 -28.5% for TOGA and -19.3% 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TOGA charges 0.69% per year while VTI charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, TOGA currently yields 0.00% against 1.06% for VTI.
Holdings Overlap
75.2% of TOGA's money is in holdings VTI also owns. 0.9% of VTI's money is in holdings TOGA also owns.
Most of TOGA is already inside VTI. Owning both mostly buys the same companies twice.
24 positions in common, counted across the 31 positions we hold weights for in TOGA and 3,441 in VTI, against full books of 66 and 3,524.
What only one of them owns
Our book lists 1,135 positions for VTI that do not appear in our book for TOGA (96.7% of the fund), and 4 for TOGA that do not appear in VTI (13.0%).
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 TOGA | Weight in VTI | Difference |
|---|---|---|---|
| RDDTReddit Inc-Cl A | 5.33% | 0.03% | 5.30% |
| UBERUber Technologies Inc | 4.56% | 0.21% | 4.35% |
| VRNSVaronis Systems Inc | 4.62% | 0.01% | 4.61% |
| DASHDoordash Inc - A | 4.37% | 0.12% | 4.25% |
| MTCHMatch Group Inc | 4.37% | 0.01% | 4.36% |
| WHWyndham Hotels & Resorts Inc | 4.09% | 0.01% | 4.08% |
| LYVLive Nation Entertainment Inc | 3.68% | 0.04% | 3.64% |
| MDBMongodb, Inc. | 3.58% | 0.05% | 3.53% |
| TKOTko Group Holdings Inc | 3.54% | 0.01% | 3.53% |
| REALRealreal Inc/The | 3.34% | 0.00% | 3.34% |
75.2% of TOGA 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, TOGA or VTI?
TOGA has an expense ratio of 0.69% while VTI charges 0.03%. VTI is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, TOGA or VTI?
Over the past year TOGA returned -14.87% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), TOGA annualized +6.08% vs +19.06% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TOGA or VTI?
TOGA has been the more volatile fund at 17.9% annualized versus 11.9% for VTI. Worst drawdown: TOGA -28.5% vs VTI -19.3%.
Should I hold both TOGA and VTI?
TOGA and VTI have a monthly-return correlation of 0.78, 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 TOGA and VTI?
75.2% of TOGA's money is in holdings VTI also owns. 0.9% of VTI's is in holdings TOGA also owns. They hold 24 positions in common, counted across the 31 positions we hold weights for in TOGA and 3,441 in VTI.
Which pays a higher dividend, TOGA or VTI?
TOGA yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than TOGA?
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 44.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.