PEY vs VTI
Invesco High Yield Equity Dividend Achievers ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PEY or VTI?
Small Cap Value against Large Cap Blend.
VTI has a lower expense ratio. PEY led over 1Y, VTI over 3Y, 5Y and the full window.
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 | PEY | VTI |
|---|---|---|
| Expense Ratio | 0.54% | 0.03%Best |
| AUM | $1.2B | $666.9B |
| Dividend Yield | 4.19% | 1.03% |
| Holdings | 52 | 3,543 |
| YTD Return | +19.93%Best | +11.65% |
| 1Y Return | +18.52%Best | +17.34% |
| 3Y Return (annualized) | +11.38% | +20.35%Best |
| 5Y Return (annualized) | +8.44% | +11.72%Best |
| Volatility (annualized) | 17.6% | 15.3%Best |
| Max Drawdown | -75.6% | -56.6%Best |
| $10,000 over 5 years | $14,995 | $17,404Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Dec 9, 2004 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 9, 2004 to Sep 10, 2026 (21.8 years).
PEY vs VTI 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 21.8 years both funds cover.
PEY vs VTI Performance
Invesco High Yield Equity Dividend Achievers ETF (PEY) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PEY returned +18.52% while VTI returned +17.34%. Year to date, PEY is up 19.93% versus a gain of 11.65% for VTI.
Over three years, PEY compounded at +11.38% per year against +20.35% for VTI; over five years the annualized figures are +8.44% and +11.72% respectively. Across the full 22-year window we track, VTI has the edge at +9.31% annualized vs +3.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEY has been the more volatile fund, with annualized monthly volatility of 17.6% 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 -75.6% for PEY and -56.6% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PEY charges 0.54% per year while VTI charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, PEY currently yields 4.19% against 1.03% for VTI.
Holdings Overlap
At least 73.9% of PEY's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of PEY is already inside VTI. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 51 positions we hold weights for in PEY and 2,787 in VTI, against full books of 52 and 3,543.
What only one of them owns
Measured across the 51 and 2,787 positions we hold weights for.
VTI holds 659 positions PEY does not, 87.9% of the fund.
Largest: NVDA 6.32%, AAPL 5.84%, MSFT 3.81%, AMZN 3.17%, GOOGL 2.88%
Top Shared Holdings
| Stock | Weight in PEY | Weight in VTI | Difference |
|---|---|---|---|
| NSPInsperity Inc | 3.95% | 0.00% | 3.95% |
| PRGOPerrigo Co. Plc | 3.54% | 0.00% | 3.54% |
| FLOFlowers Foods Inc | 3.49% | 0.00% | 3.49% |
| PFEPfizer, Inc. | 2.39% | 0.19% | 2.20% |
| PRUPrudential Financial Inc. | 2.48% | 0.05% | 2.43% |
| LYBLyondellbasell Industries Nv Class A | 2.44% | 0.02% | 2.42% |
| UPSUnited Parcel Service, Inc | 2.32% | 0.11% | 2.21% |
| CLXClorox Co. | 2.36% | 0.02% | 2.34% |
| MOAltria Group Inc. | 2.18% | 0.17% | 2.01% |
| VZVerizon Communications, Inc. | 2.09% | 0.22% | 1.87% |
73.9% of PEY is already inside VTI.
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, PEY or VTI?
PEY has an expense ratio of 0.54% while VTI charges 0.03%. VTI is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, PEY or VTI?
Over the past year PEY returned +18.52% vs +17.34% for VTI, so PEY leads on 1-year performance. Over the longest common window we track (22 years), PEY annualized +3.43% vs +9.31% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PEY or VTI?
PEY has been the more volatile fund at 17.6% annualized versus 15.3% for VTI. Worst drawdown: PEY -75.6% vs VTI -56.6%.
Should I hold both PEY and VTI?
PEY and VTI have a monthly-return correlation of 0.74, 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 PEY and VTI?
At least 73.9% of PEY's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 37 positions in common, counted across the 51 positions we hold weights for in PEY and 2,787 in VTI.
Which pays a higher dividend, PEY or VTI?
PEY yields 4.19% while VTI yields 1.03%, so PEY currently pays the higher dividend yield.
Is VTI better than PEY?
VTI has a lower expense ratio. PEY led over 1Y, VTI over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.