Total Market

VTI ETF: Total US Stock Market

Own the entire US stock market in one ETF. VTI holds over 4,000 stocks from large-cap giants to small-cap growth companies, all for just 0.03% fees.

VTI Key Stats (2026)

Expense Ratio 0.03%
Dividend Yield 1.3%
AUM $430B+
Holdings 4,000+

What is VTI ETF?

The Vanguard Total Stock Market ETF (VTI) tracks the CRSP US Total Market Index, providing exposure to the entire US equity market. This includes large-, mid-, small-, and micro-cap stocks.

With over 4,000 holdings, VTI offers the broadest diversification of any single US equity ETF. You get exposure to companies of all sizes across all sectors of the American economy.

Market Cap Breakdown

  • • Large-cap stocks: ~70%
  • • Mid-cap stocks: ~20%
  • • Small & micro-cap: ~10%

VTI vs VOO: Which Should You Choose?

Feature VTI VOO
Expense Ratio 0.03% 0.03%
Holdings 4,000+ 500
Small-Cap Exposure Yes (~10%) No
Dividend Yield ~1.3% ~1.4%
Historical Correlation 99%+ (nearly identical returns)

The truth: VTI and VOO perform almost identically because VOO's 500 stocks represent about 80% of VTI's market cap. The main difference is philosophical — VTI gives you "the whole haystack" while VOO gives you "the biggest straws." For most Kiwi investors, either choice is excellent.

How to Buy VTI from New Zealand

1

Choose Your Platform

VTI is available on Hatch, Stake, Sharesies, and Interactive Brokers. IBKR offers the lowest fees for larger portfolios.

2

Fund & Convert Currency

Deposit NZD and convert to USD. Compare FX rates across platforms — this is often the biggest cost difference.

3

Buy VTI

Search for "VTI" and place your order. Current price is around US$290 per share. Fractional shares available on some platforms.

Why Kiwi Investors Choose VTI

Maximum Diversification

4,000+ stocks means you're not betting on individual companies. You own a slice of the entire US economy.

Rock-Bottom Fees

At 0.03%, VTI costs just $3 per year for every $10,000 invested. That's essentially free diversification.

Small-Cap Growth Potential

Unlike VOO, VTI includes small-cap stocks that may offer higher growth potential over long periods.

Set and Forget

VTI is a true "buy and hold forever" ETF. No need to rebalance between large and small caps.

NZ Tax Considerations for VTI

  • FIF Rules: If your total foreign investments exceed $50,000 NZD, you'll pay tax using the FDR method (5% of opening value) or CV method.
  • Under $50k: Taxed on dividends only at your marginal rate, minus the 15% US withholding already paid.
  • W-8BEN Form: Complete this to reduce US withholding tax from 30% to 15% under the tax treaty.

Explore VTI Platforms

Compare platforms for buying US ETFs from New Zealand