BATS.L vs. VTI

Last updated Jun 9, 2026

BATS.L (British American Tobacco plc) is a stock, while VTI (Vanguard Total Stock Market ETF) is Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 10 years, BATS.L returned 7.31%/yr vs 15.61%/yr for VTI. At a 0.25 correlation, their price movements are largely independent.

Performance

BATS.L vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in British American Tobacco plc (BATS.L) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BATS.L is traded in GBp, while VTI is traded in USD. To make them comparable, the VTI values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, BATS.L achieves a 7.56% return, which is significantly lower than VTI's 10.11% return. Over the past 10 years, BATS.L has underperformed VTI with an annualized return of 7.31%, while VTI has yielded a comparatively higher 15.61% annualized return.

BATS.L

• 1D: 1.48%
• 1M: 4.73%
• YTD: 7.56%
• 6M: 6.51%
• 1Y: 34.97%
• 3Y*: 29.92%
• 5Y*: 18.46%
• 10Y*: 7.31%

VTI

• 1D: 0.27%
• 1M: 2.61%
• YTD: 10.11%
• 6M: 8.76%
• 1Y: 26.67%
• 3Y*: 18.68%
• 5Y*: 13.52%
• 10Y*: 15.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATS.L vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BATS.L British American Tobacco plc	7.56%	56.35%	37.24%	-23.51%	28.17%	9.10%	-9.61%	38.29%	-47.15%	13.39%
VTI Vanguard Total Stock Market ETF	10.11%	8.76%	25.97%	19.75%	-9.95%	26.87%	17.52%	25.70%	0.38%	10.73%

Correlation

The correlation between BATS.L and VTI is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.25

The correlation between BATS.L and VTI shifts across timeframes, from 0.05 (3 years) to 0.25 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BATS.L vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATS.L

BATS.L Risk / Return Rank: 79
BATS.L Sharpe Ratio Rank: 83
BATS.L Sortino Ratio Rank: 79
BATS.L Omega Ratio Rank: 75
BATS.L Calmar Ratio Rank: 80
BATS.L Martin Ratio Rank: 80

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 68
VTI Sortino Ratio Rank: 66
VTI Omega Ratio Rank: 68
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATS.L vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for British American Tobacco plc (BATS.L) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BATS.L	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.27	-0.74
Sortino ratio: Return per unit of downside risk	2.20	2.94	-0.74
Omega ratio: Gain probability vs. loss probability	1.25	1.43	-0.17
Calmar ratio: Return relative to maximum drawdown	2.54	3.65	-1.11
Martin ratio: Return relative to average drawdown	6.13	14.08	-7.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATS.L vs. VTI - Sharpe Ratio Comparison

The current BATS.L Sharpe Ratio is 1.53, which is lower than the VTI Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of BATS.L and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATS.L	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	2.27	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.83	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.86	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.67	-0.27

Drawdowns

BATS.L vs. VTI - Drawdown Comparison

The maximum BATS.L drawdown since its inception was -54.44%, which is greater than VTI's maximum drawdown of -34.91%. Use the drawdown chart below to compare losses from any high point for BATS.L and VTI.

Drawdown Indicators

	BATS.L	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-54.44%	-34.91%	-19.53%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-7.35%	-6.35%
Max Drawdown (3Y) Largest decline over 3 years	-14.78%	-22.54%	+7.76%
Max Drawdown (5Y) Largest decline over 5 years	-29.68%	-22.54%	-7.14%
Max Drawdown (10Y) Largest decline over 10 years	-54.44%	-27.22%	-27.22%
Current Drawdown Current decline from peak	-9.94%	-1.80%	-8.14%
Average Drawdown Average peak-to-trough decline	-15.17%	-4.95%	-10.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.69%	1.90%	+3.79%

Volatility

BATS.L vs. VTI - Volatility Comparison

British American Tobacco plc (BATS.L) has a higher volatility of 10.04% compared to Vanguard Total Stock Market ETF (VTI) at 3.39%. This indicates that BATS.L's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATS.L	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.04%	3.39%	+6.65%
Volatility (6M) Calculated over the trailing 6-month period	18.26%	8.54%	+9.72%
Volatility (1Y) Calculated over the trailing 1-year period	22.75%	11.81%	+10.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.57%	16.30%	+4.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.92%	18.30%	+5.62%

Dividends

BATS.L vs. VTI - Dividend Comparison

BATS.L's dividend yield for the trailing twelve months is around 5.40%, more than VTI's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BATS.L British American Tobacco plc	5.40%	5.70%	8.18%	10.06%	6.64%	7.89%	7.77%	6.28%	7.81%	4.35%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BATS.L and VTI in my portfolio?

BATS.L and VTI have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.