PDN vs VTI
PDN vs VTI
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | PDN | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.03% | |
| AUM | $350M | $663.5B | |
| Dividend Yield | 3.29% | 1.07% | |
| Holdings | 1,599 | 3,543 | |
| YTD Return | +13.09% | +14.20% | |
| 1Y Return | +22.51% | +24.16% | |
| 3Y Return (annualized) | +18.06% | +21.12% | |
| 5Y Return (annualized) | +7.36% | +12.37% | |
| Volatility (annualized) | 18.2% | 15.3% | |
| Max Drawdown | -60.1% | -56.6% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2007 | May 24, 2001 |
PDN vs VTI Performance
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PDN returned +22.51% while VTI returned +24.16%. Year to date, PDN is up 13.09% versus a gain of 14.20% for VTI.
Over three years, PDN compounded at +18.06% per year against +21.12% for VTI; over five years the annualized figures are +7.36% and +12.37% respectively. Across the full 19-year window we track, VTI has the edge at +8.14% annualized vs +4.19%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDN has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 15.3% 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 -60.1% for PDN and -56.6% for VTI. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PDN charges 0.47% per year while VTI charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, PDN currently yields 3.29% against 1.07% for VTI.
Holdings Overlap
PDN and VTI share 11 holdings out of 4329 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PDN | Weight in VTI | Difference |
|---|---|---|---|
| ORCL | 0.06% | 0.35% | 0.29% |
| CCCS | 0.16% | 0.00% | 0.16% |
| TEAM | 0.13% | 0.02% | 0.11% |
| SRE | Pro | Pro | Pro |
| ALKS:IE | Pro | Pro | Pro |
| AM | Pro | Pro | Pro |
| CCL | Pro | Pro | Pro |
| LION:CA | Pro | Pro | Pro |
| CMPR | Pro | Pro | Pro |
| CLW | Pro | Pro | Pro |
See all 10 holdings PDN shares with VTI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, PDN or VTI?
PDN has an expense ratio of 0.47% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, PDN or VTI?
Over the past year PDN returned +22.51% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (19 years), PDN annualized +4.19% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, PDN or VTI?
PDN has been the more volatile fund at 18.2% annualized versus 15.3% for VTI. Worst drawdown: PDN -60.1% vs VTI -56.6%.
Should I hold both PDN and VTI?
PDN and VTI have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PDN and VTI?
PDN and VTI share 11 common holdings with a 0.2% weight overlap. Combined, they hold 4329 unique securities.
Which pays a higher dividend, PDN or VTI?
PDN yields 3.29% while VTI yields 1.07%, so PDN currently pays the higher dividend yield.
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