PAWZ vs VYM

PAWZ vs VYM

Which is better, PAWZ or VYM?

Mid Cap Growth against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 71.5%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: VYM

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

MetricPAWZVYM
Expense Ratio0.50%0.04%Best
AUM$34M$81.6B
Dividend Yield0.69%2.22%
Holdings27613
YTD Return-10.68%+13.91%Best
1Y Return-13.89%+17.57%Best
3Y Return (annualized)+1.52%+18.12%Best
5Y Return (annualized)-9.12%+12.17%Best
Volatility (annualized)21.8%15.5%Best
Max Drawdown-50.1%-35.7%Best
$10,000 over 5 years$6,199$17,758Best
Top 10 Weight71.5%25.9%Best
Fund FamilyProSharesVanguard (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Value
InceptionNov 5, 2018Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2018 to Sep 11, 2026 (7.8 years).

PAWZ vs VYM 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 7.8 years both funds cover.

PAWZ vs VYM Performance

Proshares Pet Care ETF (PAWZ) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PAWZ returned -13.89% while VYM returned +17.57%. Year to date, PAWZ is down 10.68% versus a gain of 13.91% for VYM.

Over three years, PAWZ compounded at +1.52% per year against +18.12% for VYM; over five years the annualized figures are -9.12% and +12.17% respectively. Across the full 8-year window we track, VYM has the edge at +10.87% annualized vs +2.90%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PAWZ has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 15.5% for VYM. 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 -50.1% for PAWZ and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.

Fees and Cost Over Time

PAWZ charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, PAWZ currently yields 0.69% against 2.22% for VYM.

Holdings Overlap

PAWZ already in VYM9.3%
VYM already in PAWZ1.8%

9.3% of PAWZ's money is in holdings VYM also owns. 1.8% of VYM's money is in holdings PAWZ also owns.

PAWZ and VYM share little of their money.

6 positions in common, counted across the 27 positions we hold weights for in PAWZ and 603 in VYM, against full books of 27 and 613.

What only one of them owns

Our book lists 562 positions for VYM that do not appear in our book for PAWZ (95.7% of the fund), and 11 for PAWZ that do not appear in VYM (57.8%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in PAWZWeight in VYMDifference
MRKMerck & Co. Inc.4.37%1.32%3.05%
CLColgate-Palmolive Co2.91%0.30%2.61%
GISGeneral Mills Inc.0.75%0.08%0.67%
TSCOTractor Supply Co.0.68%0.07%0.61%
SJMJm Smucker Co.0.49%0.05%0.44%
SPBSpectrum Brands Holdings Inc0.08%0.01%0.07%

You are not choosing between two funds in isolation.

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

PAWZVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, PAWZ or VYM?

PAWZ has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.

Which performed better, PAWZ or VYM?

Over the past year PAWZ returned -13.89% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), PAWZ annualized +2.90% vs +10.87% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PAWZ or VYM?

PAWZ has been the more volatile fund at 21.8% annualized versus 15.5% for VYM. Worst drawdown: PAWZ -50.1% vs VYM -35.7%.

Should I hold both PAWZ and VYM?

PAWZ and VYM have a monthly-return correlation of 0.68, 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 PAWZ and VYM?

9.3% of PAWZ's money is in holdings VYM also owns. 1.8% of VYM's is in holdings PAWZ also owns. They hold 6 positions in common, counted across the 27 positions we hold weights for in PAWZ and 603 in VYM.

Which pays a higher dividend, PAWZ or VYM?

PAWZ yields 0.69% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than PAWZ?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 71.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.