PBJ vs VTI
Invesco Food and Beverage ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PBJ or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 46.5%.
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 | PBJ | VTI |
|---|---|---|
| Expense Ratio | 0.63% | 0.03%Best |
| AUM | $84M | $690.1B |
| Dividend Yield | 1.28% | 1.03% |
| Holdings | 66 | 3,524 |
| YTD Return | +1.58% | +12.51%Best |
| 1Y Return | -0.47% | +15.23%Best |
| 3Y Return (annualized) | +3.65% | +22.50%Best |
| 5Y Return (annualized) | +2.77% | +12.31%Best |
| Volatility (annualized) | 13.0%Best | 15.4% |
| Max Drawdown | -41.7%Best | -56.6% |
| $10,000 over 5 years | $11,464 | $17,869Best |
| Top 10 Weight | 46.5% | 33.3%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Jun 23, 2005 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2005 to Oct 1, 2026 (21.3 years).
PBJ vs VTI 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 21.3 years both funds cover.
PBJ vs VTI Performance
Invesco Food and Beverage ETF (PBJ) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PBJ returned -0.47% while VTI returned +15.23%. Year to date, PBJ is up 1.58% versus a gain of 12.51% for VTI.
Over three years, PBJ compounded at +3.65% per year against +22.50% for VTI; over five years the annualized figures are +2.77% and +12.31% respectively. Across the full 21-year window we track, VTI has the edge at +9.49% annualized vs +5.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.0% for PBJ. 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 -41.7% for PBJ and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBJ charges 0.63% per year while VTI charges 0.03%. On a $10,000 position that is $63 vs $3 annually, a gap of $60 per year that compounds over a long holding period. On income, PBJ currently yields 1.28% against 1.03% for VTI.
Holdings Overlap
91.9% of PBJ's money is in holdings VTI also owns. 1.2% of VTI's money is in holdings PBJ also owns.
Most of PBJ is already inside VTI. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, PBJ as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
27 positions in common, counted across the 31 positions we hold weights for in PBJ and 3,463 in VTI, against full books of 66 and 3,524.
What only one of them owns
Our book lists 1,131 positions for VTI that do not appear in our book for PBJ (96.3% of the fund), and 2 for PBJ that do not appear in VTI (2.8%).
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
| Stock | Weight in PBJ | Weight in VTI | Difference |
|---|---|---|---|
| ADMArcher-daniels D | 5.62% | 0.05% | 5.57% |
| KOCoca Cola Co. | 4.94% | 0.42% | 4.52% |
| CTVACorteva Inc Ctva | 5.19% | 0.07% | 5.12% |
| KRKroger Co. | 5.13% | 0.04% | 5.09% |
| SYYSysco Corp | 5.11% | 0.06% | 5.05% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 5.05% | 0.06% | 4.99% |
| SBUXStarbucks Corp | 4.79% | 0.17% | 4.62% |
| MNSTMonster Beverage Corp. | 4.57% | 0.09% | 4.48% |
| BGBunge Global Sa Common Shares | 3.06% | 0.02% | 3.04% |
| ANDEAndersons | 3.01% | 0.00% | 3.01% |
91.9% of PBJ is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PBJ or VTI?
PBJ has an expense ratio of 0.63% while VTI charges 0.03%. VTI is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, PBJ or VTI?
Over the past year PBJ returned -0.47% vs +15.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (21 years), PBJ annualized +5.75% vs +9.49% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBJ or VTI?
VTI has been the more volatile fund at 15.4% annualized versus 13.0% for PBJ. Worst drawdown: PBJ -41.7% vs VTI -56.6%.
Should I hold both PBJ and VTI?
PBJ and VTI have a monthly-return correlation of 0.73, 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 PBJ and VTI?
91.9% of PBJ's money is in holdings VTI also owns. 1.2% of VTI's is in holdings PBJ also owns. They hold 27 positions in common, counted across the 31 positions we hold weights for in PBJ and 3,463 in VTI.
Which pays a higher dividend, PBJ or VTI?
PBJ yields 1.28% while VTI yields 1.03%, so PBJ currently pays the higher dividend yield.
Is VTI better than PBJ?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.