BMVP vs. VTI
Compare and contrast key facts about Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Vanguard Total Stock Market ETF (VTI).
BMVP and VTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMVP is a passively managed fund by Invesco that tracks the performance of the Bloomberg MVP Index. It was launched on May 1, 2003. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001. Both BMVP and VTI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMVP or VTI.
Key characteristics
| BMVP | VTI | |
|---|---|---|
| YTD Return | 18.32% | 17.69% |
| 1Y Return | 26.39% | 25.82% |
| 3Y Return (Ann) | 6.84% | 8.20% |
| 5Y Return (Ann) | 9.75% | 14.39% |
| 10Y Return (Ann) | 8.30% | 12.33% |
| Sharpe Ratio | 2.55 | 2.06 |
| Daily Std Dev | 10.90% | 13.08% |
| Max Drawdown | -52.66% | -55.45% |
| Current Drawdown | -0.44% | -0.67% |
Correlation
The correlation between BMVP and VTI is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BMVP vs. VTI - Performance Comparison
The year-to-date returns for both stocks are quite close, with BMVP having a 18.32% return and VTI slightly lower at 17.69%. Over the past 10 years, BMVP has underperformed VTI with an annualized return of 8.30%, while VTI has yielded a comparatively higher 12.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BMVP vs. VTI - Expense Ratio Comparison
BMVP has a 0.29% expense ratio, which is higher than VTI's 0.03% expense ratio.
Risk-Adjusted Performance
BMVP vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg MVP Multi-factor ETF (BMVP) 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.
Dividends
BMVP vs. VTI - Dividend Comparison
BMVP's dividend yield for the trailing twelve months is around 1.86%, more than VTI's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMVP Invesco Bloomberg MVP Multi-factor ETF | 1.86% | 1.67% | 1.51% | 0.56% | 1.09% | 0.95% | 1.44% | 1.75% | 1.35% | 1.02% | 0.82% | 0.78% |
VTI Vanguard Total Stock Market ETF | 1.32% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
BMVP vs. VTI - Drawdown Comparison
The maximum BMVP drawdown since its inception was -52.66%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BMVP and VTI. For additional features, visit the drawdowns tool.
Volatility
BMVP vs. VTI - Volatility Comparison
The current volatility for Invesco Bloomberg MVP Multi-factor ETF (BMVP) is 2.87%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.40%. This indicates that BMVP experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.