PBUS vs VYM
Invesco MSCI USA ETF vs Vanguard High Dividend Yield ETF
Which is better, PBUS or VYM?
Large Cap Blend against Large Cap Value.
PBUS led over 3Y, 5Y and the full window, VYM over 1Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 37.0%.
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 | PBUS | VYM |
|---|---|---|
| Expense Ratio | 0.04%Tie | 0.04%Tie |
| AUM | $11.6B | $81.6B |
| Dividend Yield | 1.03% | 2.22% |
| Holdings | 530 | 613 |
| YTD Return | +11.75% | +13.91%Best |
| 1Y Return | +16.24% | +17.57%Best |
| 3Y Return (annualized) | +20.99%Best | +18.12% |
| 5Y Return (annualized) | +12.27%Best | +12.17% |
| Volatility (annualized) | 16.0% | 14.9%Best |
| Max Drawdown | -33.2%Best | -35.7% |
| $10,000 over 5 years | $17,837Best | $17,758 |
| Top 10 Weight | 37.0% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 22, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2017 to Sep 11, 2026 (9 years).
PBUS 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 9 years both funds cover.
PBUS vs VYM Performance
Invesco MSCI USA ETF (PBUS) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PBUS returned +16.24% while VYM returned +17.57%. Year to date, PBUS is up 11.75% versus a gain of 13.91% for VYM.
Over three years, PBUS compounded at +20.99% per year against +18.12% for VYM; over five years the annualized figures are +12.27% and +12.17% respectively. Across the full 9-year window we track, PBUS has the edge at +14.92% annualized vs +10.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBUS has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 14.9% 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 -33.2% for PBUS 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBUS charges 0.04% per year while VYM charges 0.04%. On a $10,000 position that is $4 vs $4 annually. On income, PBUS currently yields 1.03% against 2.22% for VYM.
Holdings Overlap
33.0% of PBUS's money is in holdings VYM also owns. 87.2% of VYM's money is in holdings PBUS also owns.
Most of VYM is already inside PBUS. Owning both mostly buys the same companies twice.
222 positions in common, counted across the 501 positions we hold weights for in PBUS and 603 in VYM, against full books of 530 and 613.
What only one of them owns
Our book lists 346 positions for VYM that do not appear in our book for PBUS (10.4% of the fund), and 266 for PBUS that do not appear in VYM (64.4%).
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 PBUS | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.82% | 7.29% | 4.47% |
| JPMJpmorgan Chase & Co. | 1.44% | 3.38% | 1.94% |
| JNJJohnson & Johnson | 0.92% | 2.54% | 1.62% |
| XOMExxon Mobil Corp. | 0.96% | 2.36% | 1.40% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 1.93% | 1.21% |
| CATCaterpillar, Inc. | 0.61% | 2.01% | 1.40% |
| ABBVAbbvie Inc. | 0.65% | 1.85% | 1.20% |
| BACBank Of America Corp. | 0.64% | 1.56% | 0.92% |
| UNHUnitedhealth Group Inc. | 0.55% | 1.56% | 1.01% |
| HDHome Depot Inc/The | 0.52% | 1.46% | 0.94% |
87.2% of VYM is already inside PBUS.
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, PBUS or VYM?
PBUS has an expense ratio of 0.04% while VYM charges 0.04%. At the precision these are quoted to, they cost the same.
Which performed better, PBUS or VYM?
Over the past year PBUS returned +16.24% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), PBUS annualized +14.92% vs +10.09% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBUS or VYM?
PBUS has been the more volatile fund at 16.0% annualized versus 14.9% for VYM. Worst drawdown: PBUS -33.2% vs VYM -35.7%.
Should I hold both PBUS and VYM?
PBUS and VYM have a monthly-return correlation of 0.86, 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 PBUS and VYM?
87.2% of VYM's money is in holdings PBUS also owns. 87.2% of VYM's is in holdings PBUS also owns. They hold 222 positions in common, counted across the 501 positions we hold weights for in PBUS and 603 in VYM.
Which pays a higher dividend, PBUS or VYM?
PBUS yields 1.03% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PBUS?
PBUS led over 3Y, 5Y and the full window, VYM over 1Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 37.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.