PCOV vs VYM
Principal Equity Premium Income ETF vs Vanguard High Dividend Yield ETF
Which is better, PCOV or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.6%.
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 | PCOV | VYM |
|---|---|---|
| Expense Ratio | 0.34% | 0.04%Best |
| AUM | $10M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 49 | 613 |
| YTD Return | -4.40% | +11.71%Best |
| 1Y Return | - | +16.24% |
| 3Y Return (annualized) | - | +17.24% |
| 5Y Return (annualized) | - | +11.86% |
| Top 10 Weight | 32.6% | 26.1%Best |
| Fund Family | PRINCIPAL EXCHANGE-TRADED FUNDS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 18, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
PCOV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PCOV vs VYM Performance
Principal Equity Premium Income ETF (PCOV) is an ETF from PRINCIPAL EXCHANGE-TRADED FUNDS and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, PCOV is down 4.40% versus a gain of 11.71% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
PCOV charges 0.34% per year while VYM charges 0.04%. On a $10,000 position that is $34 vs $4 annually, a gap of $30 per year that compounds over a long holding period. On income, PCOV currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
42.8% of PCOV's money is in holdings VYM also owns. 24.1% of VYM's money is in holdings PCOV also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 49 positions we hold weights for in PCOV and 557 in VYM, against full books of 49 and 613.
What only one of them owns
Our book lists 506 positions for VYM that do not appear in our book for PCOV (73.0% of the fund), and 23 for PCOV that do not appear in VYM (50.4%).
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 PCOV | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.24% | 7.35% | 5.11% |
| JPMJpmorgan Chase | 4.02% | 3.82% | 0.20% |
| MSMorgan Stanley | 3.23% | 0.96% | 2.27% |
| MRKMerck & Company Inc | 2.70% | 1.31% | 1.39% |
| GSGoldman Sachs Group Inc/The | 2.47% | 1.13% | 1.34% |
| CCitigroup Inc. | 2.66% | 0.89% | 1.77% |
| UNPUnion Pacific Corp | 2.55% | 0.70% | 1.85% |
| BLKBlackrock Funding Inc/De | 2.33% | 0.68% | 1.65% |
| ETNEaton Corp Plc | 1.95% | 0.65% | 1.30% |
| UNHUnitedhealth Group Incorporated | 1.02% | 1.52% | 0.50% |
42.8% of PCOV is already inside VYM.
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, PCOV or VYM?
PCOV has an expense ratio of 0.34% while VYM charges 0.04%. VYM is the cheaper option, by $30 a year on a $10,000 investment.
What is the holdings overlap between PCOV and VYM?
42.8% of PCOV's money is in holdings VYM also owns. 24.1% of VYM's is in holdings PCOV also owns. They hold 22 positions in common, counted across the 49 positions we hold weights for in PCOV and 557 in VYM.
Which pays a higher dividend, PCOV or VYM?
PCOV yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PCOV?
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.