PKW vs VTI
Invesco BuyBack Achievers ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PKW or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. PKW led over the full window, VTI over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93.
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 | PKW | VTI |
|---|---|---|
| Expense Ratio | 0.62% | 0.03%Best |
| AUM | $1.8B | $666.9B |
| Dividend Yield | 0.74% | 1.03% |
| Holdings | 227 | 3,543 |
| YTD Return | +10.95% | +11.65%Best |
| 1Y Return | +15.54% | +17.34%Best |
| 3Y Return (annualized) | +18.61% | +20.35%Best |
| 5Y Return (annualized) | +11.33% | +11.72%Best |
| Volatility (annualized) | 17.1% | 15.9%Best |
| Max Drawdown | -55.3%Best | -56.6% |
| $10,000 over 5 years | $17,103 | $17,404Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 20, 2006 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 20, 2006 to Sep 10, 2026 (19.7 years).
PKW 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 19.7 years both funds cover.
PKW vs VTI Performance
Invesco BuyBack Achievers ETF (PKW) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PKW returned +15.54% while VTI returned +17.34%. Year to date, PKW is up 10.95% versus a gain of 11.65% for VTI.
Over three years, PKW compounded at +18.61% per year against +20.35% for VTI; over five years the annualized figures are +11.33% and +11.72% respectively. Across the full 20-year window we track, PKW has the edge at +9.82% annualized vs +9.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PKW has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.9% 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 -55.3% for PKW 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PKW charges 0.62% per year while VTI charges 0.03%. On a $10,000 position that is $62 vs $3 annually, a gap of $59 per year that compounds over a long holding period. On income, PKW currently yields 0.74% against 1.03% for VTI.
Holdings Overlap
At least 89.4% of PKW'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 PKW is already inside VTI. Owning both mostly buys the same companies twice.
213 positions in common, counted across the 279 positions we hold weights for in PKW and 2,787 in VTI, against full books of 227 and 3,543.
Top Shared Holdings
| Stock | Weight in PKW | Weight in VTI | Difference |
|---|---|---|---|
| BACBank Of America Corp. | 5.05% | 0.50% | 4.55% |
| SCHWCharles Schwab Corp. | 5.28% | 0.21% | 5.07% |
| WFCWells Fargo & Co. | 4.90% | 0.35% | 4.55% |
| CRMSalesforce Inc. | 4.92% | 0.17% | 4.75% |
| CCitigroup Inc. | 4.50% | 0.32% | 4.18% |
| ADBEAdobe Inc | 3.26% | 0.11% | 3.15% |
| JCIJohnson Controls International Plc | 3.19% | 0.12% | 3.07% |
| VLOValero Energy Corp. | 2.78% | 0.11% | 2.67% |
| MPCMarathon Petroleum Corp. | 2.77% | 0.10% | 2.67% |
| GMGeneral Motors Co. | 2.56% | 0.10% | 2.46% |
89.4% of PKW 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, PKW or VTI?
PKW has an expense ratio of 0.62% while VTI charges 0.03%. VTI is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, PKW or VTI?
Over the past year PKW returned +15.54% vs +17.34% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), PKW annualized +9.82% vs +9.23% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PKW or VTI?
PKW has been the more volatile fund at 17.1% annualized versus 15.9% for VTI. Worst drawdown: PKW -55.3% vs VTI -56.6%.
Should I hold both PKW and VTI?
PKW and VTI have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between PKW and VTI?
At least 89.4% of PKW's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 213 positions in common, counted across the 279 positions we hold weights for in PKW and 2,787 in VTI.
Which pays a higher dividend, PKW or VTI?
PKW yields 0.74% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than PKW?
VTI has a lower expense ratio. PKW led over the full window, VTI over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.