PPIE vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricPPIEVXUSWinner
Expense Ratio0.49%0.05%
AUM$4M$156.5B
Dividend Yield12.07%2.60%
Holdings1428,747
YTD Return+7.54%+15.00%
1Y Return+19.80%+26.87%
3Y Return (annualized)+18.19%+19.79%
5Y Return (annualized)-+9.26%
Volatility (annualized)12.1%15.1%
Max Drawdown-13.6%-39.9%
Fund FamilyPutnam InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJan 19, 2023Jan 26, 2011

PPIE vs VXUS Performance

Putnam PanAgora ESG International Equity ETF (PPIE) is a ETF from Putnam Investments and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year PPIE returned +19.80% while VXUS returned +26.87%. Year to date, PPIE is up 7.54% versus a gain of 15.00% for VXUS.

Over three years, PPIE compounded at +18.19% per year against +19.79% for VXUS. Across the full 3-year window we track, PPIE has the edge at +16.94% annualized vs +4.88%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.1% for PPIE. 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 -13.6% for PPIE 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

PPIE charges 0.49% per year while VXUS charges 0.05%. On a $10,000 position that is $49 vs $5 annually, a gap of $44 per year that compounds over a long holding period. On income, PPIE currently yields 12.07% against 2.60% for VXUS.

Holdings Overlap

11.8%overlap

PPIE and VXUS share 91 holdings out of 7907 unique holdings combined, representing a 11.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PPIEWeight in VXUSDifference
ASML:AS3.63%1.29%2.34%
6758:JP2.80%0.31%2.49%
TSCO:LN2.92%0.09%2.83%
ISP:MIProProPro
SGEF:PAProProPro
SHEL:LNProProPro
8001:JPProProPro
III:LNProProPro
8306:JPProProPro
6954:JPProProPro
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Frequently Asked Questions

Which is cheaper, PPIE or VXUS?

PPIE has an expense ratio of 0.49% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $44 per year of difference.

Which performed better, PPIE or VXUS?

Over the past year PPIE returned +19.80% vs +26.87% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (3 years), PPIE annualized +16.94% vs +4.88% for VXUS. Past performance does not guarantee future results.

Which is riskier, PPIE or VXUS?

VXUS has been the more volatile fund at 15.1% annualized versus 12.1% for PPIE. Worst drawdown: PPIE -13.6% vs VXUS -39.9%.

Should I hold both PPIE and VXUS?

PPIE and VXUS have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between PPIE and VXUS?

PPIE and VXUS share 91 common holdings with a 11.8% weight overlap. Combined, they hold 7907 unique securities.

Which pays a higher dividend, PPIE or VXUS?

PPIE yields 12.07% while VXUS yields 2.60%, so PPIE currently pays the higher dividend yield.

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