PAPI vs VXUS
Parametric Equity Premium Income ETF vs Vanguard Total International Stock ETF
Which is better, PAPI or VXUS?
VXUS has been ahead.
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window.
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
| Metric | PAPI | VXUS |
|---|---|---|
| Expense Ratio | 0.29% | 0.05%Best |
| AUM | $473M | $158.1B |
| Dividend Yield | 7.35% | 2.51% |
| Holdings | 193 | 8,747 |
| YTD Return | +10.80% | +13.64%Best |
| 1Y Return | +13.64% | +20.82%Best |
| 3Y Return (annualized) | +11.18% | +19.58%Best |
| 5Y Return (annualized) | - | +9.14% |
| Volatility (annualized) | 10.2%Best | 11.6% |
| Max Drawdown | -14.3% | -13.6%Best |
| $10,000 over 2.9 years | $13,598 | $18,030Best |
| Fund Family | Parametric | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 16, 2023 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 19, 2023 to Sep 17, 2026 (2.9 years).
PAPI 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 2.9 years both funds cover.
PAPI vs VXUS Performance
Parametric Equity Premium Income ETF (PAPI) is an ETF from Parametric and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year PAPI returned +13.64% while VXUS returned +20.82%. Year to date, PAPI is up 10.80% versus a gain of 13.64% for VXUS.
Over three years, PAPI compounded at +11.18% per year against +19.58% 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 11.6% compared with 10.2% for PAPI. 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 -14.3% for PAPI 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PAPI charges 0.29% per year while VXUS charges 0.05%. On a $10,000 position that is $29 vs $5 annually, a gap of $24 per year that compounds over a long holding period. On income, PAPI currently yields 7.35% against 2.51% for VXUS.
Holdings Overlap
At least 2.1% of PAPI's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PAPI and VXUS share little of their money.
4 positions in common, counted across the 188 positions we hold weights for in PAPI and 8,082 in VXUS, against full books of 193 and 8,747.
You are not choosing between two funds in isolation.
Whichever of PAPI and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PAPI or VXUS?
PAPI has an expense ratio of 0.29% while VXUS charges 0.05%. VXUS is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, PAPI or VXUS?
Over the past year PAPI returned +13.64% vs +20.82% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PAPI or VXUS?
VXUS has been the more volatile fund at 11.6% annualized versus 10.2% for PAPI. Worst drawdown: PAPI -14.3% vs VXUS -13.6%.
Should I hold both PAPI and VXUS?
PAPI and VXUS have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PAPI and VXUS?
At least 2.1% of PAPI's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 188 positions we hold weights for in PAPI and 8,082 in VXUS.
Which pays a higher dividend, PAPI or VXUS?
PAPI yields 7.35% while VXUS yields 2.51%, so PAPI currently pays the higher dividend yield.
Is VXUS better than PAPI?
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.