PBUS vs VOO
Invesco MSCI USA ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. PBUS offers more diversification with 530 holdings.
Side-by-Side Comparison
| Metric | PBUS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | |
| AUM | $11.9B | $997.4B | |
| Dividend Yield | 1.03% | 1.08% | |
| Holdings | 530 | 509 | |
| YTD Return | +11.65% | +12.38% | |
| 1Y Return | +18.89% | +20.22% | |
| 3Y Return (annualized) | +21.53% | +21.79% | |
| 5Y Return (annualized) | +12.18% | +12.84% | |
| Volatility (annualized) | 16.1% | 14.1% | |
| Max Drawdown | -33.2% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 22, 2017 | Sep 7, 2010 |
PBUS vs VOO Performance
Invesco MSCI USA ETF (PBUS) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PBUS returned +18.89% while VOO returned +20.22%. Year to date, PBUS is up 11.65% versus a gain of 12.38% for VOO.
Over three years, PBUS compounded at +21.53% per year against +21.79% for VOO; over five years the annualized figures are +12.18% and +12.84% respectively. Across the full 9-year window we track, PBUS has the edge at +15.00% annualized vs +13.45%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBUS has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 14.1% for VOO. 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 -33.2% for PBUS and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PBUS charges 0.04% per year while VOO charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, PBUS currently yields 1.03% against 1.08% for VOO.
Holdings Overlap
PBUS and VOO share 428 holdings out of 578 unique holdings combined, representing a 92.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, PBUS or VOO?
PBUS has an expense ratio of 0.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, PBUS or VOO?
Over the past year PBUS returned +18.89% vs +20.22% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), PBUS annualized +15.00% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, PBUS or VOO?
PBUS has been the more volatile fund at 16.1% annualized versus 14.1% for VOO. Worst drawdown: PBUS -33.2% vs VOO -34.3%.
Should I hold both PBUS and VOO?
PBUS and VOO have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between PBUS and VOO?
PBUS and VOO share 428 common holdings with a 92.0% weight overlap. Combined, they hold 578 unique securities.
Which pays a higher dividend, PBUS or VOO?
PBUS yields 1.03% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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