PEZ vs VTI
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PEZ or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 41.0%.
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 | PEZ | VTI |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $24M | $690.1B |
| Dividend Yield | 0.26% | 1.03% |
| Holdings | 72 | 3,524 |
| YTD Return | -10.21% | +12.51%Best |
| 1Y Return | -7.34% | +15.23%Best |
| 3Y Return (annualized) | +13.66% | +22.50%Best |
| 5Y Return (annualized) | +1.64% | +12.31%Best |
| Volatility (annualized) | 21.7% | 15.8%Best |
| Max Drawdown | -59.0% | -56.6%Best |
| $10,000 over 5 years | $10,847 | $17,869Best |
| Top 10 Weight | 41.0% | 33.3%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Oct 12, 2006 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Oct 1, 2026 (20 years).
PEZ 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 20 years both funds cover.
PEZ vs VTI Performance
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PEZ returned -7.34% while VTI returned +15.23%. Year to date, PEZ is down 10.21% versus a gain of 12.51% for VTI.
Over three years, PEZ compounded at +13.66% per year against +22.50% for VTI; over five years the annualized figures are +1.64% and +12.31% respectively. Across the full 20-year window we track, VTI has the edge at +9.42% annualized vs +6.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEZ has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 15.8% 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 -59.0% for PEZ 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PEZ charges 0.60% per year while VTI charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, PEZ currently yields 0.26% against 1.03% for VTI.
Holdings Overlap
88.0% of PEZ's money is in holdings VTI also owns. 4.5% of VTI's money is in holdings PEZ also owns.
Most of PEZ is already inside VTI. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, PEZ as of Sep 15, 2026 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.
29 positions in common, counted across the 33 positions we hold weights for in PEZ and 3,463 in VTI, against full books of 72 and 3,524.
What only one of them owns
Our book lists 1,132 positions for VTI that do not appear in our book for PEZ (93.0% of the fund), and 4 for PEZ that do not appear in VTI (9.2%).
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 PEZ | Weight in VTI | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.50% | 3.65% | 1.85% |
| VSCOVICTORIA'S SECRET & CO | 5.10% | 0.01% | 5.09% |
| EBAYEbay Inc. | 4.29% | 0.07% | 4.22% |
| ROSTRoss Stores, Inc. | 3.77% | 0.11% | 3.66% |
| CVSCvs Health Corp. | 3.69% | 0.18% | 3.51% |
| DALDl Co., Ltd. | 3.77% | 0.08% | 3.69% |
| HLTHilton Worldwide Holdings, Inc. | 3.70% | 0.10% | 3.60% |
| FFord Motor Co | 3.70% | 0.08% | 3.62% |
| RSIRush Street Interactive Inc | 3.75% | 0.00% | 3.75% |
| ANFAbercrombie & Fitch Co. Class A | 3.73% | 0.01% | 3.72% |
88.0% of PEZ 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, PEZ or VTI?
PEZ has an expense ratio of 0.60% while VTI charges 0.03%. VTI is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, PEZ or VTI?
Over the past year PEZ returned -7.34% vs +15.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), PEZ annualized +6.85% vs +9.42% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PEZ or VTI?
PEZ has been the more volatile fund at 21.7% annualized versus 15.8% for VTI. Worst drawdown: PEZ -59.0% vs VTI -56.6%.
Should I hold both PEZ and VTI?
PEZ and VTI have a monthly-return correlation of 0.84, 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 PEZ and VTI?
88.0% of PEZ's money is in holdings VTI also owns. 4.5% of VTI's is in holdings PEZ also owns. They hold 29 positions in common, counted across the 33 positions we hold weights for in PEZ and 3,463 in VTI.
Which pays a higher dividend, PEZ or VTI?
PEZ yields 0.26% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than PEZ?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 41.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.