PIFI vs VYM
ClearShares Piton Intermediate Fixed Income ETF vs Vanguard High Dividend Yield ETF
Which is better, PIFI or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM 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 | PIFI | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $98M | $81.6B |
| Dividend Yield | 4.48% | 2.22% |
| Holdings | 58 | 613 |
| YTD Return | -1.37% | +11.35%Best |
| 1Y Return | -0.51% | +15.34%Best |
| 3Y Return (annualized) | +3.25% | +17.22%Best |
| 5Y Return (annualized) | +0.41% | +12.30%Best |
| Volatility (annualized) | 3.8%Best | 14.0% |
| Max Drawdown | -10.6%Best | -15.8% |
| $10,000 over 5 years | $10,207 | $17,861Best |
| Fund Family | ClearShares ETFs | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Oct 1, 2020 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 2, 2020 to Sep 18, 2026 (6 years).
PIFI vs VYM 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.
PIFI vs VYM Performance
ClearShares Piton Intermediate Fixed Income ETF (PIFI) is an ETF from ClearShares ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PIFI returned -0.51% while VYM returned +15.34%. Year to date, PIFI is down 1.37% versus a gain of 11.35% for VYM.
Over three years, PIFI compounded at +3.25% per year against +17.22% for VYM; over five years the annualized figures are +0.41% and +12.30% respectively. Across the full 6-year window we track, VYM has the edge at +15.05% annualized vs +0.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 3.8% for PIFI. 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 -10.6% for PIFI and -15.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PIFI charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, PIFI currently yields 4.48% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 50 holdings in PIFI and 557 in VYM, totalling 91.2% and 99.2% 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 50 positions we hold weights for in PIFI and 557 in VYM, against full books of 58 and 613.
You are not choosing between two funds in isolation.
Whichever of PIFI and VYM 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, PIFI or VYM?
PIFI has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, PIFI or VYM?
Over the past year PIFI returned -0.51% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), PIFI annualized +0.28% vs +15.05% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PIFI or VYM?
VYM has been the more volatile fund at 14.0% annualized versus 3.8% for PIFI. Worst drawdown: PIFI -10.6% vs VYM -15.8%.
Should I hold both PIFI and VYM?
PIFI and VYM have a monthly-return correlation of 0.47, 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, PIFI or VYM?
PIFI yields 4.48% while VYM yields 2.22%, so PIFI currently pays the higher dividend yield.
Is VYM better than PIFI?
VYM has a lower expense ratio. VYM 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.