PRVS vs VYM
Parnassus Value Select ETF vs Vanguard High Dividend Yield ETF
Which is better, PRVS or VYM?
PRVS has been ahead.
VYM has a lower expense ratio. PRVS led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 48.7%.
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 | PRVS | VYM |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $6M | $81.6B |
| Dividend Yield | 0.50% | 2.22% |
| Holdings | 27 | 613 |
| YTD Return | +15.29%Best | +12.29% |
| 1Y Return | +23.31%Best | +16.61% |
| 3Y Return (annualized) | - | +17.42% |
| 5Y Return (annualized) | - | +12.12% |
| Volatility (annualized) | 13.1% | 9.8%Best |
| Max Drawdown | -17.6% | -14.5%Best |
| $10,000 over 1.8 years | $13,188Best | $12,927 |
| Top 10 Weight | 48.7% | 26.1%Best |
| Fund Family | Parnassus Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 12, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Sep 17, 2026 (1.8 years).
PRVS 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 covers the 1.8 years both funds cover.
PRVS vs VYM Performance
Parnassus Value Select ETF (PRVS) is an ETF from Parnassus Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PRVS returned +23.31% while VYM returned +16.61%. Year to date, PRVS is up 15.29% versus a gain of 12.29% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRVS has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 9.8% for VYM. 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 -17.6% for PRVS and -14.5% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PRVS charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, PRVS currently yields 0.50% against 2.22% for VYM.
Holdings Overlap
38.9% of PRVS's money is in holdings VYM also owns. 13.5% of VYM's money is in holdings PRVS also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 27 positions we hold weights for in PRVS and 557 in VYM, against full books of 27 and 613.
What only one of them owns
Our book lists 516 positions for VYM that do not appear in our book for PRVS (83.6% of the fund), and 12 for PRVS that do not appear in VYM (48.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PRVS | Weight in VYM | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 4.20% | 3.82% | 0.38% |
| BACBank of America Corp.: Financials | 3.90% | 1.66% | 2.24% |
| VZVerizon Communic | 4.50% | 0.80% | 3.70% |
| KOCoca Cola Co. | 3.80% | 1.38% | 2.42% |
| UNHUnitedhealth Group Incorporated | 3.10% | 1.52% | 1.58% |
| UNPUnion Pacific Corp | 3.90% | 0.70% | 3.20% |
| LINLinde Plc Ordinary Shares | 3.10% | 0.90% | 2.20% |
| HDHome Depot Inc/The | 2.20% | 1.34% | 0.86% |
| CMICummins Inc. | 3.10% | 0.36% | 2.74% |
| ABTAbbott Laboratories | 2.30% | 0.74% | 1.56% |
38.9% of PRVS is already inside VYM.
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, PRVS or VYM?
PRVS has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, PRVS or VYM?
Over the past year PRVS returned +23.31% vs +16.61% for VYM, so PRVS leads on 1-year performance. Over the longest common window we track (2 years), PRVS annualized +16.62% vs +15.33% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PRVS or VYM?
PRVS has been the more volatile fund at 13.1% annualized versus 9.8% for VYM. Worst drawdown: PRVS -17.6% vs VYM -14.5%.
Should I hold both PRVS and VYM?
PRVS and VYM have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PRVS and VYM?
38.9% of PRVS's money is in holdings VYM also owns. 13.5% of VYM's is in holdings PRVS also owns. They hold 12 positions in common, counted across the 27 positions we hold weights for in PRVS and 557 in VYM.
Which pays a higher dividend, PRVS or VYM?
PRVS yields 0.50% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PRVS?
VYM has a lower expense ratio. PRVS led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 48.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.