VTI vs VTP
Vanguard Morningstar Total Stock Market ETF vs Vanguard Total Inflation-Protected Securities ETF
Which is better, VTI or VTP?
Large Cap Blend against Inflation Protection.
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 | VTI | VTP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.05% |
| AUM | $689.2B | $251M |
| Dividend Yield | 1.06% | 3.07% |
| Holdings | 3,524 | 100 |
| YTD Return | +13.02%Best | -1.36% |
| 1Y Return | +16.63%Best | -1.98% |
| 3Y Return (annualized) | +21.97% | - |
| 5Y Return (annualized) | +11.99% | - |
| Volatility (annualized) | 11.8% | 3.7%Best |
| Max Drawdown | -8.9% | -4.0%Best |
| $10,000 over 1.3 years | $12,506Best | $10,086 |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Inflation Protection |
| Inception | May 24, 2001 | Jul 7, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 9, 2025 to Oct 14, 2026 (1.3 years).
VTI vs VTP 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 1.3 years both funds cover.
VTI vs VTP Performance
Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US) and Vanguard Total Inflation-Protected Securities ETF (VTP) is an ETF from Vanguard (US). Over the past year VTI returned +16.63% while VTP returned -1.98%. Year to date, VTI is up 13.02% versus a loss of 1.36% for VTP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 3.7% for VTP. 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 -8.9% for VTI and -4.0% for VTP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VTI charges 0.03% per year while VTP charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, VTI currently yields 1.06% against 3.07% for VTP.
Holdings Overlap
We hold position weights for 3,441 holdings in VTI and 1 in VTP, totalling 98.1% and 1.4% of the two funds. That is not enough of VTP to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 3,441 positions we hold weights for in VTI and 1 in VTP, against full books of 3,524 and 100.
Top Shared Holdings
| Stock | Weight in VTI | Weight in VTP | Difference |
|---|---|---|---|
| MKLMarkel Group Inc | 0.03% | 1.41% | 1.38% |
You are not choosing between two funds in isolation.
Whichever of VTI and VTP 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, VTI or VTP?
VTI has an expense ratio of 0.03% while VTP charges 0.05%. VTI is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, VTI or VTP?
Over the past year VTI returned +16.63% vs -1.98% for VTP, so VTI leads on 1-year performance. Over the longest common window we track (1 years), VTI annualized +18.77% vs +0.66% for VTP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VTI or VTP?
VTI has been the more volatile fund at 11.8% annualized versus 3.7% for VTP. Worst drawdown: VTI -8.9% vs VTP -4.0%.
Should I hold both VTI and VTP?
VTI and VTP have a monthly-return correlation of 0.53, 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, VTI or VTP?
VTI yields 1.06% while VTP yields 3.07%, so VTP currently pays the higher dividend yield.
Is VTP better than VTI?
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.