VUSXX vs. VTI

Last updated Jun 13, 2026

VUSXX (Vanguard Treasury Money Market Fund) and VTI (Vanguard Total Stock Market ETF) are both funds - VUSXX is a Money Market fund actively managed by Vanguard, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. VUSXX is actively managed, while VTI is passively managed. Over the past 5 years, VUSXX returned 1.56%/yr vs 12.20%/yr for VTI. At a 0.02 correlation, their price movements are largely independent. VUSXX charges 0.07%/yr vs 0.03%/yr for VTI.

Performance

VUSXX vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, VUSXX achieves a 1.51% return, which is significantly lower than VTI's 9.62% return.

VUSXX

• 1D: 0.00%
• 1M: 0.31%
• YTD: 1.51%
• 6M: 1.84%
• 1Y: 3.98%
• 3Y*: 2.61%
• 5Y*: 1.56%
• 10Y*: —

VTI

• 1D: 0.57%
• 1M: 0.45%
• YTD: 9.62%
• 6M: 9.69%
• 1Y: 24.78%
• 3Y*: 20.60%
• 5Y*: 12.20%
• 10Y*: 15.02%

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

VUSXX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VUSXX Vanguard Treasury Money Market Fund	1.51%	4.25%	1.65%	0.43%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	9.62%	17.10%	23.81%	26.05%	-19.52%	12.28%

Correlation

The correlation between VUSXX and VTI is -0.00, 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	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since May 25, 2021	0.02

Return for Risk

VUSXX vs. VTI — Risk / Return Rank

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

VUSXX

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

VTI

VTI Risk / Return Rank: 70
VTI Sharpe Ratio Rank: 70
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 76

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.

VUSXX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Treasury Money Market Fund (VUSXX) 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.

	VUSXX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	3.68	1.97	+1.71
Sortino ratio: Return per unit of downside risk	—	2.67	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	2.79	—
Martin ratio: Return relative to average drawdown	—	12.52	—

VUSXX vs. VTI - Sharpe Ratio Comparison

The current VUSXX Sharpe Ratio is 3.68, which is higher than the VTI Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VUSXX 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.

Drawdowns

VUSXX vs. VTI - Drawdown Comparison

The maximum VUSXX drawdown since its inception was 0.00%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VUSXX and VTI.

Drawdown Indicators

	VUSXX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.45%	+55.45%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-8.92%	+8.92%
Max Drawdown (3Y) Largest decline over 3 years	0.00%	-19.30%	+19.30%
Max Drawdown (5Y) Largest decline over 5 years	0.00%	-25.36%	+25.36%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	0.00%	-2.14%	+2.14%
Average Drawdown Average peak-to-trough decline	0.00%	-8.02%	+8.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	1.99%	-1.99%

Volatility

VUSXX vs. VTI - Volatility Comparison

The current volatility for Vanguard Treasury Money Market Fund (VUSXX) is 0.31%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.50%. This indicates that VUSXX 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.

Volatility by Period

	VUSXX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	4.50%	-4.19%
Volatility (6M) Calculated over the trailing 6-month period	0.79%	9.82%	-9.03%
Volatility (1Y) Calculated over the trailing 1-year period	1.12%	12.64%	-11.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.75%	17.47%	-16.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.74%	18.33%	-17.59%

VUSXX vs. VTI - Expense Ratio Comparison

VUSXX has a 0.07% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VUSXX vs. VTI - Dividend Comparison

VUSXX's dividend yield for the trailing twelve months is around 3.89%, more than VTI's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VUSXX Vanguard Treasury Money Market Fund	3.89%	4.15%	1.63%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUSXX and VTI in my portfolio?

VUSXX and VTI have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VUSXX or VTI?

VTI has higher volatility (4.50%) compared to VUSXX (0.31%). In terms of maximum drawdown, VUSXX dropped 0.00% vs VTI's -55.45%.

Which has better risk-adjusted returns?

VUSXX currently has the higher Sharpe Ratio (3.68 vs 1.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.