MOON vs. VTI

Last updated Jul 14, 2026

MOON (Direxion Moonshot Innovators ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - MOON is a Technology Equities fund tracking the S&P Kensho Moonshots Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. MOON charges 0.65%/yr vs 0.03%/yr for VTI.

Performance

MOON vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Moonshot Innovators ETF (MOON) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MOON

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTI

• 1D: -0.78%
• 1M: 1.22%
• 6M: 8.45%
• YTD: 10.96%
• 1Y: 21.85%
• 3Y*: 19.76%
• 5Y*: 12.01%
• 10Y*: 14.67%

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

MOON vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-13.78%	26.82%
VTI Vanguard Total Stock Market ETF	10.96%	17.10%	23.81%	26.05%	-19.52%	25.68%	7.05%

Correlation

The correlation between MOON and VTI is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Nov 12, 2020	0.55

The correlation between MOON and VTI shifts across timeframes, from 0.33 (3 years) to 0.56 (5 years), reflecting how their relationship changes across market environments.

MOON vs. VTI - Sectors Allocation Comparison

Sectors	MOON	VTI
Technology	42.4%	37.0%
Healthcare	23.5%	9.0%
Consumer Cyclical	11.9%	9.7%
Communication Services	9.3%	9.8%
Industrials	7.5%	9.4%
Financial Services	4.2%	11.3%
Basic Materials	1.2%	1.9%
Consumer Defensive	-	4.3%
Energy	-	3.3%
Real Estate	-	2.3%
Utilities	-	2.1%

Return for Risk

MOON vs. VTI — Risk / Return Rank

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

MOON

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VTI

VTI Risk / Return Rank: 66
VTI Sharpe Ratio Rank: 66
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 73

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.

MOON vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MOON	VTI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.36	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.46	—
Martin ratio: Return relative to average drawdown	—	10.78	—

Drawdowns

Drawdown Indicators

	MOON	VTI	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.45%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	—	-0.94%	—
Average Drawdown Average peak-to-trough decline	—	-8.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	MOON	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.51%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.29%	—

MOON vs. VTI - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

MOON vs. VTI - Dividend Comparison

MOON has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.05%	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 MOON and VTI in my portfolio?

MOON and VTI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MOON or VTI?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOON or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.65% for MOON.

Which ETF pays a higher dividend yield, MOON or VTI?

VTI has the higher dividend yield at 1.05%, compared with 0.00% for MOON.

What is the main difference between MOON and VTI?

MOON is categorized as Technology Equities, while VTI is Large Cap Blend Equities. MOON tracks S&P Kensho Moonshots Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Direxion and Vanguard. Their fees differ too: 0.65% for MOON and 0.03% for VTI.