Data as of Oct 28, 2026.

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VGSH vs VTI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGSH returned +1.7% to VTI's +13.5%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $35.1bn for Vanguard Short-Term Treasury ETF and $689.2bn for Vanguard Morningstar Total Stock Market ETF.

At a glance
+1.7%
VGSH total return, 1 year
+13.5%
VTI total return, 1 year
0.03%
VGSH expense ratio
0.03%
VTI expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 11.8 points; VTI is 19.6 times larger.

Points (pts) are percentage points.

VGSH vs VTI: Differences, Returns & Fees
MeasureVGSHVTI
Return
Total return, 1 year+1.7%+13.5%
Benchmark
What it tracksBloomberg U.S. Treasury 1-3 Year IndexMorningstar US Total Market Index
Cost and size
Expense ratio0.03%0.03%
Net assets, as of Sep 30, 2026$35.1bn$689.2bn
Holdings
Holdings in common0%
In the S&P 500, by weight88%
Top ten holdings, share of the fund34.7%

Holdings in common uses holdings dated Sep 30, 2026. Method

Risk and return

Dec 4, 2009 to Oct 23, 2026 · 881 weekly returns
VGSH VTI
Return
Total return edge VTI +26.7% +798.1%
Annualized edge VTI +1.4% +13.8%
Price return edge VTI −3.7% +567.3%
Risk
Volatility edge VGSH 1.3% 16.5%
Max drawdown edge VGSH −5.5% −32.9%
Risk-adjusted
Sharpe edge VTI −0.09 0.78
Sortino edge VTI −0.14 1.12
Calmar edge VTI 0.26 0.42
Reading

VTI returned more: +798.1% to +26.7%. VGSH swung less: 1.3% to 16.5%. VGSH fell less at its worst: −5.5% to −32.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VGSH vs VTI: Differences, Returns & Fees
MeasureVGSHVTIEdgeHow it is measured
Return
Total return+26.7%+798.1%VTIPrice change plus distributions, reinvested.
Annualized+1.4%+13.8%VTITotal return as a yearly rate.
Price return−3.7%+567.3%VTIPrice change alone, distributions left out.
Risk
Volatility1.3%16.5%VGSHSpread of weekly returns, annualized. Lower is steadier.
Downside deviation0.9%11.4%VGSHLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−5.5%−32.9%VGSHDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.090.78VTIReturn above Treasury bills per unit of volatility.
Sortino−0.141.12VTIReturn above Treasury bills per unit of downside deviation.
Calmar0.260.42VTIAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 881 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, VGSH and VTI hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGSH VTI
MKTLIQ 0.20% 0.05%
Only in one fund ↓
Only in VGSH
United States Treasury Note/Bond 2.07%
United States Treasury Note/Bond 1.43%
United States Treasury Note/Bond 1.39%
United States Treasury Note/Bond 1.37%
United States Treasury Note/Bond 1.35%
United States Treasury Note/Bond 1.34%
United States Treasury Note/Bond 1.33%
United States Treasury Note/Bond 1.33%
Only in VTI
NVIDIA Corp 7.14%
Apple Inc 6.63%
Microsoft Corp 5.20%
Amazon.com Inc 3.30%
Alphabet Inc 2.76%
Broadcom Inc 2.28%
Meta Platforms Inc 2.18%
Alphabet Inc 2.18%
Check overlap with more funds →

Side by side

VGSH Vanguard Short-Term Treasury ETF VTI Vanguard Morningstar Total Stock Market ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Short-Term Treasury Tracks an index of US total market
Total return, 1 year +1.7% +13.5%
Its benchmark over the same days +1.8% (SCHO) not measured
Gap to its benchmark −0.1 pts vs SCHO not measured
Expense ratio 0.03% 0.03%
Holdings 93 3521
Net assets, as of Sep 30, 2026 $35.1bn $689.2bn

VGSH and VTI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-10E032499F

VGSH and VTI do different jobs. What does each one do in a portfolio?

  1. What each follows. VGSH follows Bloomberg U.S. Treasury 1-3 Year Index and VTI follows Morningstar US Total Market Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VGSH returned +1.7% and VTI +13.5% with distributions reinvested, a gap of 11.8 points.

Data as of Oct 28, 2026.

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About each fund
VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

VTI

VTI tracks an index of US total market. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3,521 positions, with the top ten at 34.7%.

Questions people ask

Which returned more over the last year, VGSH or VTI?
In the year to Oct 28, 2026, with distributions reinvested, VGSH returned +1.7% and VTI +13.5%.
Which is cheaper, VGSH or VTI?
Neither: VGSH and VTI both charge 0.03% a year. Fees come from each fund's prospectus.
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ETFIQ, VGSH against VTI, data as of Oct 28, 2026. https://etfiq.com/compare/any/vgsh-vs-vti

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