PICB vs VTI
Invesco International Corporate Bond ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PICB or VTI?
Long Term Mid Quality against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 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 | PICB | VTI |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $355M | $666.9B |
| Dividend Yield | 3.42% | 1.03% |
| Holdings | 598 | 3,543 |
| YTD Return | -2.56% | +11.06%Best |
| 1Y Return | -2.99% | +15.41%Best |
| 3Y Return (annualized) | +5.55% | +20.48%Best |
| 5Y Return (annualized) | -2.24% | +11.52%Best |
| Volatility (annualized) | 10.0%Best | 14.7% |
| Max Drawdown | -38.1% | -35.0%Best |
| $10,000 over 5 years | $8,929 | $17,249Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Blend |
| Inception | Jun 3, 2010 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2010 to Sep 16, 2026 (16.3 years).
PICB 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 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.
PICB vs VTI Performance
Invesco International Corporate Bond ETF (PICB) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PICB returned -2.99% while VTI returned +15.41%. Year to date, PICB is down 2.56% versus a gain of 11.06% for VTI.
Over three years, PICB compounded at +5.55% per year against +20.48% for VTI; over five years the annualized figures are -2.24% and +11.52% respectively. Across the full 16-year window we track, VTI has the edge at +12.76% annualized vs +0.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 10.0% for PICB. 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 -38.1% for PICB and -35.0% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PICB charges 0.50% per year while VTI charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, PICB currently yields 3.42% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 406 holdings in PICB and 3,463 in VTI, totalling 70.0% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 406 positions we hold weights for in PICB and 3,463 in VTI, against full books of 598 and 3,543.
You are not choosing between two funds in isolation.
Whichever of PICB 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, PICB or VTI?
PICB has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, PICB or VTI?
Over the past year PICB returned -2.99% vs +15.41% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), PICB annualized +0.23% vs +12.76% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PICB or VTI?
VTI has been the more volatile fund at 14.7% annualized versus 10.0% for PICB. Worst drawdown: PICB -38.1% vs VTI -35.0%.
Should I hold both PICB and VTI?
PICB and VTI have a monthly-return correlation of 0.65, 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, PICB or VTI?
PICB yields 3.42% while VTI yields 1.03%, so PICB currently pays the higher dividend yield.
Is VTI better than PICB?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.