USNZ vs VTI
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, USNZ or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. USNZ led over 1Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.98. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 45.0%.
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 | USNZ | VTI |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $304M | $689.2B |
| Dividend Yield | 0.90% | 1.06% |
| Holdings | 598 | 3,524 |
| YTD Return | +14.21%Best | +13.48% |
| 1Y Return | +17.49%Best | +16.55% |
| 3Y Return (annualized) | +21.93% | +22.11%Best |
| 5Y Return (annualized) | - | +11.95% |
| Volatility (annualized) | 15.1% | 14.8%Best |
| Max Drawdown | -19.2%Best | -19.3% |
| $10,000 over 4.3 years | $21,090Best | $21,067 |
| Top 10 Weight | 45.0% | 33.5%Best |
| Fund Family | Xtrackers ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 27, 2022 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 28, 2022 to Oct 15, 2026 (4.3 years).
USNZ 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 4.3 years both funds cover.
USNZ vs VTI Performance
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) is an ETF from Xtrackers ETFs and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year USNZ returned +17.49% while VTI returned +16.55%. Year to date, USNZ is up 14.21% versus a gain of 13.48% for VTI.
Over three years, USNZ compounded at +21.93% per year against +22.11% for VTI. Across the full 4-year window we track, USNZ has the edge at +18.95% annualized vs +18.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USNZ has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.8% 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 -19.2% for USNZ 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
USNZ charges 0.10% per year while VTI charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, USNZ currently yields 0.90% against 1.06% for VTI.
Holdings Overlap
98.7% of USNZ's money is in holdings VTI also owns. 71.0% of VTI's money is in holdings USNZ also owns.
Most of USNZ is already inside VTI. Owning both mostly buys the same companies twice.
285 positions in common, counted across the 297 positions we hold weights for in USNZ and 3,441 in VTI, against full books of 598 and 3,524.
What only one of them owns
Our book lists 873 positions for VTI that do not appear in our book for USNZ (26.8% of the fund), and 10 for USNZ that do not appear in VTI (0.8%).
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 USNZ | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.47% | 6.88% | 2.59% |
| AAPLApple, Inc | 9.16% | 6.30% | 2.86% |
| MSFTMicrosoft Corp | 6.88% | 5.11% | 1.77% |
| AMZNAmazon.Com Inc | 3.89% | 3.41% | 0.48% |
| GOOGLAlphabet Inc | 3.68% | 2.70% | 0.98% |
| GOOGAlphabet Inc. C | 3.10% | 2.12% | 0.98% |
| AVGOBroadcom Inc | 2.84% | 2.38% | 0.46% |
| METAMeta Platforms Inc | 2.43% | 1.70% | 0.73% |
| TSLATesla Inc | 1.79% | 1.40% | 0.39% |
| MUMicron Technology, Inc. | 1.71% | 1.46% | 0.25% |
98.7% of USNZ 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, USNZ or VTI?
USNZ has an expense ratio of 0.10% while VTI charges 0.03%. VTI is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, USNZ or VTI?
Over the past year USNZ returned +17.49% vs +16.55% for VTI, so USNZ leads on 1-year performance. Over the longest common window we track (4 years), USNZ annualized +18.95% vs +18.92% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, USNZ or VTI?
USNZ has been the more volatile fund at 15.1% annualized versus 14.8% for VTI. Worst drawdown: USNZ -19.2% vs VTI -19.3%.
Should I hold both USNZ and VTI?
USNZ and VTI have a monthly-return correlation of 0.98, 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 USNZ and VTI?
98.7% of USNZ's money is in holdings VTI also owns. 71.0% of VTI's is in holdings USNZ also owns. They hold 285 positions in common, counted across the 297 positions we hold weights for in USNZ and 3,441 in VTI.
Which pays a higher dividend, USNZ or VTI?
USNZ yields 0.90% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than USNZ?
VTI has a lower expense ratio. USNZ led over 1Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.98. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 45.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.