PCEM vs VTI
Polen Capital Emerging Markets ex-China Growth ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PCEM or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. PCEM led over 1Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 45.0%.
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 | PCEM | VTI |
|---|---|---|
| Expense Ratio | 1.00% | 0.03%Best |
| AUM | $3M | $690.1B |
| Dividend Yield | 0.34% | 1.03% |
| Holdings | 35 | 3,524 |
| Volatility (annualized) | 15.5% | 11.5%Best |
| Max Drawdown | -19.9% | -19.3%Best |
| $10,000 over 1.5 years | $11,909 | $12,276Best |
| Top 10 Weight | 45.0% | 33.3%Best |
| Fund Family | Polen Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 10, 2024 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 200 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PCEM has data through Mar 16, 2026 and VTI through Oct 2, 2026.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Sep 11, 2024 to Mar 16, 2026 (1.5 years).
Risk: Volatility and Drawdowns
PCEM has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 11.5% for VTI. 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 -19.9% for PCEM and -19.3% 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PCEM charges 1.00% per year while VTI charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, PCEM currently yields 0.34% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 35 holdings in PCEM and 3,463 in VTI, totalling 99.2% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 245 days apart, PCEM as of Nov 28, 2025 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.
0 positions in common, counted across the 35 positions we hold weights for in PCEM and 3,463 in VTI, against full books of 35 and 3,524.
What only one of them owns
Our book lists 1,150 positions for VTI that do not appear in our book for PCEM (97.5% of the fund), and 1 for PCEM that do not appear in VTI (3.6%).
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.
You are not choosing between two funds in isolation.
Whichever of PCEM and VTI 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, PCEM or VTI?
PCEM has an expense ratio of 1.00% while VTI charges 0.03%. VTI is the cheaper option, by $97 a year on a $10,000 investment.
Which is riskier, PCEM or VTI?
PCEM has been the more volatile fund at 15.5% annualized versus 11.5% for VTI. Worst drawdown: PCEM -19.9% vs VTI -19.3%.
Should I hold both PCEM and VTI?
PCEM and VTI have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PCEM or VTI?
PCEM yields 0.34% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than PCEM?
VTI has a lower expense ratio. PCEM led over 1Y, VTI over the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 45.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.