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VPXvsUSPXETF Comparison

ETF 1

VPX

Variant Perception Cycle Aware US Equity ETF

This fund is part of

US Multi-Factor

-0.38%

Full VPX fund page

VS

ETF 2

USPX

Franklin U.S. Equity Index ETF

This fund is part of

US Large Cap

-0.42%

Full USPX fund page

Variant Perception Cycle Aware US Equity ETF (VPX) belongs to the US Multi-Factor segment. Franklin U.S. Equity Index ETF (USPX) is part of the US Large Cap segment. VPX's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, USPX's top sector exposures are Information Technology, Financials and Communication Services. VPX is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.03% for USPX. Run a side-by-side ETF comparison of VPX and USPX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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VPX vs USPX performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VPX USPX	+13.07%+12.61%	n/a+2.33%	n/a+4.28%	n/a+30.16%	n/a+78.77%	n/a+73.94%
Flows	VPX USPX	+$2M+$124M	-+$51M	-+$79M	-+$295M	-+$355M	-+$1.00B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VPX USPX	n/a+15.34%	n/a+12.54%	n/a+15.06%	n/a+15.54%
Max drawdown	VPX USPX	n/a-9.13%	n/a-9.15%	n/a-19.03%	n/a-24.64%
Max drawdown duration	VPX USPX	n/a76d	n/a92d	n/a126d	n/a712d

Trading data

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	VPX	USPX
Last sale 4/29/2026 at 1:30 PM		$62.17
Previous close 04/28/2026		$62.17
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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VPX

is actively managed and doesn’t replicate an index

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	VPX	USPX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	VPX	USPX
Last price	–	$62.17
1D performance	–	-0.01%
AuM	$37.89 M	$1.81 B
E/R	0.75%	0.03%

Characteristics

	VPX	USPX
Management strategy	Active	Passive
Provider	Alpha Architect	Franklin Templeton
Benchmark	-	Morningstar US Target Market Exposure Index
N° of holdings	2770	456
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 11, 2026	June 1, 2016
ESG	No	No

More VPX data on Trackinsight

More USPX data on Trackinsight

Exposure

Countries

VPX

USA

96.24%

Other

3.76%

USPX

USA

96.94%

Other

3.06%

Sectors

VPX

Information Techn.

37.93%

Financials

13.83%

Health Care

9.72%

Consumer Discreti.

7.38%

Other

31.14%

USPX

Information Techn.

34.17%

Financials

10.39%

Communication Ser.

10.36%

Consumer Discreti.

9.89%

Health Care

9.43%

Industrials

8.33%

Other

17.43%

Diversification

VPX

Total weight of top 15 holdings out of 15

46.49%

USPX

Total weight of top 15 holdings out of 15

42.33%

Top 15 holdings

Data as of March 31, 2026

VPX

NVIDIA

7.29%

APPLE

4.11%

MICROSOFT-T

4.09%

BERKSHIRE HATHWAY

3.74%

LILLY

3.65%

BROADCOM LIMITED

3.20%

AMAZON.COM INC

2.74%

TESLA

2.51%

ORACLE SYS

2.45%

ALPHABET INC-CL

2.29%

JOHNSON&JOHNSON

2.23%

VISA INCORPORATION

2.15%

CHEVRON TEXACO

2.10%

JPMORGAN CHASE

2.03%

MICRON TECHNOLOGY

1.91%

USPX

NVIDIA

7.27%

APPLE

6.73%

MICROSOFT-T

4.91%

AMAZON.COM INC

3.69%

ALPHABET INC-CL

2.96%

BROADCOM LIMITED

2.61%

ALPHABET INC-CL

2.58%

META PLATFORMS

2.17%

TESLA

1.90%

BERKSHIRE HATHWAY

1.58%

JPMORGAN CHASE

1.43%

LILLY

1.28%

EXXON

1.25%

JOHNSON&JOHNSON

1.04%

WALMART INC

0.95%

Frequently asked questions about VPX and USPX

Which ETF is bigger: VPX or USPX?

As of April 28, 2026, VPX holds $37.89 M in assets under management (AUM), while USPX manages $1.81 B.

What sectors do the VPX and USPX ETFs invest in?

VPX leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, USPX focuses on Information Technology, Financials and Communication Services.

VPXvsUSPXETF Comparison

Variant Perception Cycle Aware US Equity ETF

Franklin U.S. Equity Index ETF

VPX vs USPX performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: VPX or USPX?

As of April 28, 2026, VPX holds $37.89 M in assets under management (AUM), while USPX manages $1.81 B.

What sectors do the VPX and USPX ETFs invest in?

VPX leans toward sectors like Information Technology, Financials and Health Care. Meanwhile, USPX focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the VPX ETF and USPX ETF?

VPX top holdings include NVIDIA, APPLE and MICROSOFT-T. USPX holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: VPX or USPX?

VPX holds 3449 securities with 46.49% of its assets in the top 15. USPX has 487 securities and a top 15 weight of 42.33%.

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