NOVP vs VXUS

NOVP vs VXUS

Which is better, NOVP or VXUS?

Multi Alternative against Large Cap Blend.

VXUS has a lower expense ratio. VXUS led over 1Y and the full window.

Lower Fees: VXUSHigher Returns: VXUS

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricNOVPVXUS
Expense Ratio0.50%0.05%Best
AUM$33M$158.1B
Dividend Yield0.00%2.51%
Holdings88,747
YTD Return+9.60%+14.48%Best
1Y Return+12.71%+22.28%Best
3Y Return (annualized)-+20.00%
5Y Return (annualized)-+8.91%
Volatility (annualized)7.0%Best11.3%
Max Drawdown-11.8%Best-13.6%
$10,000 over 2.3 years$13,354$15,137Best
Fund FamilyPGIM InvestmentsVanguard (US)
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Blend
InceptionMay 22, 2024Jan 26, 2011

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 22, 2024 to Sep 11, 2026 (2.3 years).

NOVP vs VXUS growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.

NOVP vs VXUS Performance

PGIM S&P 500 Buffer 12 ETF - November (NOVP) is an ETF from PGIM Investments and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year NOVP returned +12.71% while VXUS returned +22.28%. Year to date, NOVP is up 9.60% versus a gain of 14.48% for VXUS.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 11.3% compared with 7.0% for NOVP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -11.8% for NOVP and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.

Fees and Cost Over Time

NOVP charges 0.50% per year while VXUS charges 0.05%. On a $10,000 position that is $50 vs $5 annually, a gap of $45 per year that compounds over a long holding period. On income, NOVP currently yields 0.00% against 2.51% for VXUS.

You are not choosing between two funds in isolation.

Whichever of NOVP and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

NOVPVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, NOVP or VXUS?

NOVP has an expense ratio of 0.50% while VXUS charges 0.05%. VXUS is the cheaper option, by $45 a year on a $10,000 investment.

Which performed better, NOVP or VXUS?

Over the past year NOVP returned +12.71% vs +22.28% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (2 years), NOVP annualized +13.40% vs +19.75% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, NOVP or VXUS?

VXUS has been the more volatile fund at 11.3% annualized versus 7.0% for NOVP. Worst drawdown: NOVP -11.8% vs VXUS -13.6%.

Should I hold both NOVP and VXUS?

NOVP and VXUS have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, NOVP or VXUS?

NOVP yields 0.00% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.

Is VXUS better than NOVP?

VXUS has a lower expense ratio. VXUS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.