PIE vs VXUS
Invesco Dorsey Wright Emerging Markets Momentum ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. PIE delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.
Side-by-Side Comparison
| Metric | PIE | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.90% | 0.05% | |
| AUM | $237M | $156.5B | |
| Dividend Yield | 1.71% | 2.60% | |
| Holdings | 113 | 8,747 | |
| YTD Return | +36.53% | +14.57% | |
| 1Y Return | +49.36% | +27.82% | |
| 3Y Return (annualized) | +21.36% | +19.27% | |
| 5Y Return (annualized) | +7.36% | +9.28% | |
| Volatility (annualized) | 22.8% | 15.1% | |
| Max Drawdown | -73.1% | -39.9% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 28, 2007 | Jan 26, 2011 |
PIE vs VXUS Performance
Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) is a ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year PIE returned +49.36% while VXUS returned +27.82%. Year to date, PIE is up 36.53% versus a gain of 14.57% for VXUS.
Over three years, PIE compounded at +21.36% per year against +19.27% for VXUS; over five years the annualized figures are +7.36% and +9.28% respectively. Across the full 16-year window we track, VXUS has the edge at +4.86% annualized vs +2.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PIE has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 15.1% for VXUS. 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 -73.1% for PIE and -39.9% for VXUS. 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PIE charges 0.90% per year while VXUS charges 0.05%. On a $10,000 position that is $90 vs $5 annually, a gap of $85 per year that compounds over a long holding period. On income, PIE currently yields 1.71% against 2.60% for VXUS.
Holdings Overlap
PIE and VXUS share 77 holdings out of 7886 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PIE or VXUS?
PIE has an expense ratio of 0.90% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, PIE or VXUS?
Over the past year PIE returned +49.36% vs +27.82% for VXUS, so PIE leads on 1-year performance. Over the longest common window we track (16 years), PIE annualized +2.06% vs +4.86% for VXUS. Past performance does not guarantee future results.
Which is riskier, PIE or VXUS?
PIE has been the more volatile fund at 22.8% annualized versus 15.1% for VXUS. Worst drawdown: PIE -73.1% vs VXUS -39.9%.
Should I hold both PIE and VXUS?
PIE and VXUS have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PIE and VXUS?
PIE and VXUS share 77 common holdings with a 1.4% weight overlap. Combined, they hold 7886 unique securities.
Which pays a higher dividend, PIE or VXUS?
PIE yields 1.71% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.
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