PRVS vs VYM
PRVS vs VYM
Parnassus Value Select ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. PRVS delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | PRVS | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.04% | |
| AUM | $6M | $79.0B | |
| Dividend Yield | 0.51% | 2.86% | |
| Holdings | 28 | 568 | |
| YTD Return | +18.84% | +15.80% | |
| 1Y Return | +33.67% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 13.1% | 14.6% | |
| Max Drawdown | -17.6% | -58.8% | |
| Fund Family | Parnassus Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 12, 2024 | Nov 10, 2006 |
PRVS vs VYM Performance
Parnassus Value Select ETF (PRVS) is a ETF from Parnassus Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year PRVS returned +33.67% while VYM returned +26.12%. Year to date, PRVS is up 18.84% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.1% for PRVS. 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 -58.8% for VYM. 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 0.75. 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 0.51% against 2.86% for VYM.
Holdings Overlap
PRVS and VYM share 11 holdings out of 574 unique holdings combined, representing a 12.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PRVS | Weight in VYM | Difference |
|---|---|---|---|
| JPM:US | 3.87% | 3.36% | 0.51% |
| KO | 3.57% | 1.39% | 2.18% |
| BAC | 3.53% | 1.39% | 2.14% |
| VZ | Pro | Pro | Pro |
| UNP | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| CMI | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| SYY | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
See all 10 holdings PRVS shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
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. On a $10,000 investment, that is $55 per year of difference.
Which performed better, PRVS or VYM?
Over the past year PRVS returned +33.67% vs +26.12% for VYM, so PRVS leads on 1-year performance. Over the longest common window we track (2 years), PRVS annualized +20.03% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, PRVS or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.1% for PRVS. Worst drawdown: PRVS -17.6% vs VYM -58.8%.
Should I hold both PRVS and VYM?
PRVS and VYM have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PRVS and VYM?
PRVS and VYM share 11 common holdings with a 12.1% weight overlap. Combined, they hold 574 unique securities.
Which pays a higher dividend, PRVS or VYM?
PRVS yields 0.51% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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