VT vs VTI
Vanguard Total World Stock ETF against Vanguard Total Stock Market ETF.
The short answer
VTI is inside VT almost in full, 98.3% of its weight, and VT is 34.5% something else: Taiwan Semiconductor, Samsung, ASML, Tencent and the other companies not listed in the US. VTI costs 0.03% against 0.06%.
The two funds
- Last close, 2026-09-04
- $161.73 -0.02%
- Cost per year
- 0.06%
- Return, 1 year
- 22.5%higher
- Return, 3 years
- 77.5%
- Worst fall, 3 years
- -14.1%shallower
- Volatility
- 13.8%calmer
- Positions
- 5313
- Top 10 weight
- 22.2%
- Last close, 2026-09-04
- $379.73 -0.32%
- Cost per year
- 0.03%cheaper
- Return, 1 year
- 20.2%
- Return, 3 years
- 78.4%higher
- Worst fall, 3 years
- -17.4%
- Volatility
- 14.6%
- Positions
- 3469
- Top 10 weight
- 33.4%
VT and VTI, prices through 2026-09-04. How the badges are decided.
Holdings overlap
1534 companies sit in both funds. That is 65.5% of VT's own weight and 98.3% of VTI's.
Side by side
Issuer files, VT 31 Jul 2026, VTI 31 Jul 2026
What the numbers say
VT is VTI plus the rest of the world
Of VTI's weight, 98.3% is in companies VT also holds; the 1.7% left over is 1935 microcaps that VT's index does not reach. Of VT's weight, 65.5% is the US market and 34.5% is everything else. The overlap of 63.6% by weight is the US share of the world fund, measured after each US company is scaled down to make room for the foreign ones.
What the 3779 foreign companies are
Taiwan Semiconductor is the largest position VT holds that VTI cannot, followed by Samsung Electronics, ASML, SK hynix, Tencent, HSBC, Santander and Novartis. None of them is small, and together with the rest of the unshared names they make VT a 5313-position fund against 3469 for VTI, with 22.2% in its top ten against 33.4%.
A cheaper fund with a deeper fall
VTI charges 0.03% and VT 0.06%, $3 a year on $10,000. Over five years the US alone returned more, 77.0% against 68.7%, and over three years the two were nearly level, 78.4% against 77.5%. Over the past year VT led at 22.5% against 20.2%, and its worst fall of -14.1% was shallower than VTI's -17.4%, with volatility of 13.8% against 14.6%.
Two funds that move as one, most weeks
Weekly returns correlated at 0.97 over three years and 0.97 over five, because the US is most of VT. VT also yields 1.55% against 1.03%. Owning both raises the US weight above VT's own and leaves the foreign share below it; owning VT alone fixes it at the world's market weight.
Where they hold the same companies
| Measure | Value |
|---|---|
| Overlap by weight | 63.6% |
| Share of VT held in common with VTI | 65.5% |
| Share of VTI held in common with VT | 98.3% |
| Companies in both | 1534 |
| Positions in VT / VTI | 5313 / 3469 |
VT holdings as published 2026-07-31, VTI 2026-07-31.
Largest positions held by both
| Rank | Company | In VT | In VTI | Weight in each | Overlap |
|---|---|---|---|---|---|
| 1 | NVDA NVIDIA Corp. | 4.2% | 6.42% | 4.2% | |
| 2 | AAPL Apple Inc. | 4.0% | 6.31% | 4.0% | |
| 3 | MSFT Microsoft Corp. | 3.09% | 4.8% | 3.09% | |
| 4 | AMZN Amazon.com Inc. | 2.36% | 3.66% | 2.36% | |
| 5 | GOOGL Alphabet Inc. Class A | 1.89% | 2.91% | 1.89% | |
| 6 | AVGO Broadcom Inc. | 1.62% | 2.56% | 1.62% | |
| 7 | GOOG Alphabet Inc. Class C | 1.49% | 2.32% | 1.49% | |
| 8 | META Facebook Inc. Class A | 1.1% | 1.7% | 1.1% | |
| 9 | JPM JPMorgan Chase & Co. | 0.84% | 1.31% | 0.84% | |
| 10 | MU Micron Technology Inc. | 0.83% | 1.29% | 0.83% | |
| 11 | LLY Eli Lilly & Co. | 0.82% | 1.36% | 0.82% | |
| 12 | TSLA Tesla Inc. | 0.81% | 1.22% | 0.81% | |
| 13 | BRK.B Berkshire Hathaway Inc. Class B | 0.75% | 1.28% | 0.75% | |
| 14 | AMD Advanced Micro Devices Inc. | 0.69% | 1.08% | 0.69% | |
| 15 | XOM ExxonMobil Holdings Corp. | 0.58% | 0.9% | 0.58% |
Held by only one of them
| In VT only | Weight | In VTI only | Weight |
|---|---|---|---|
| 2330 Taiwan Semiconductor Manufacturing Co. Ltd. | 1.61% | APGE Apogee Therapeutics Inc. | 0.01% |
| 005930 Samsung Electronics Co. Ltd. | 0.72% | SYRE Spyre Therapeutics Inc. | 0.01% |
| ASML ASML Holding NV | 0.57% | AGX Argan Inc. | 0.01% |
| 000660 SK hynix Inc. | 0.56% | AAOI Applied Optoelectronics Inc. | 0.01% |
| 700 Tencent Holdings Ltd. | 0.34% | FIG Figma Inc. Class A | 0.01% |
| HSBA HSBC Holdings plc | 0.33% | ERIE Erie Indemnity Co. Class A | 0.01% |
| SAN Banco Santander SA | 0.27% | POWL Powell Industries Inc. | 0.01% |
| NOVN Novartis AG | 0.26% | ENVA Enova International Inc. | 0.01% |
| RY Royal Bank of Canada | 0.26% | CBRS Cerebras Systems Inc. | 0.01% |
| 9988 Alibaba Group Holding Ltd. | 0.25% | LQDA Liquidia Corp. | 0.01% |
Covariance and correlation
Covariance, annualised (%2)
| VT | VTI | |
|---|---|---|
| VT | 190 | 195.3 |
| VTI | 195.3 | 213 |
Percent squared per year, three years of weekly returns
Correlation, 3 years
| VT | VTI | |
|---|---|---|
| VT | 1.00 | 0.97almost always in step |
| VTI | 0.97almost always in step | 1.00 |
Weekly total returns, what the bands mean
Check it: 195.3 divided by (13.8 × 14.6) is 0.97, the correlation in the second matrix.
One year, side by side
Cost, returns and risk
| Measure | VT | VTI |
|---|---|---|
| Expense ratio | 0.06% | 0.03% |
| Dividend yield | 1.55% | 1.03% |
| Total return, 1 year | 22.5% | 20.2% |
| Total return, 3 years cumulative | 77.5% | 78.4% |
| Total return, 5 years cumulative | 68.7% | 77.0% |
| Volatility, annualised on 3 years of weekly returns | 13.8% | 14.6% |
| Worst fall in 3 years, peak to trough, weekly closes | -14.1% | -17.4% |
| Beta against the S&P 500 | 0.92 | 1.01 |
| Positions held | 5313 | 3469 |
| Weight in the ten largest positions | 22.2% | 33.4% |
| Weight in the single largest position | 4.2% | 6.4% |
| Assets (Vanguard: whole fund, all share classes) | $101.1B | $2.31T |
Prices through 2026-09-04.
Year by year
| Year | VT | VTI |
|---|---|---|
| 2026 | 15.3% | 13.9% |
| 2025 | 22.4% | 17.1% |
| 2024 | 16.5% | 23.8% |
| 2023 | 22.0% | 26.0% |
| 2022 | -18.0% | -19.5% |
Do they move together
| Window | Correlation of weekly returns |
|---|---|
| 1 year | 0.96 |
| 3 years | 0.97 |
| 5 years | 0.97 |
Where to go next
- VT, the full page: every holding, and what else it duplicates
- VTI, the full page
- QQQM vs SCHG
- RSP vs SPY
- SCHD vs VYM
- Run the x-ray on your whole portfolio, this pair included
- Check any other pair in the overlap calculator
How these numbers are produced · Ask the same questions from your assistant
