PSCD vs VYM
Invesco S&P SmallCap Consumer Discretionary ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | PSCD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.04% | |
| AUM | $24M | $81.6B | |
| Dividend Yield | 0.98% | 2.24% | |
| Holdings | 90 | 616 | |
| YTD Return | +15.07% | +16.42% | |
| 1Y Return | +10.89% | +24.22% | |
| 3Y Return (annualized) | +10.29% | +19.03% | |
| 5Y Return (annualized) | +2.50% | +12.21% | |
| Volatility (annualized) | 24.9% | 14.6% | |
| Max Drawdown | -57.3% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 7, 2010 | Nov 10, 2006 |
PSCD vs VYM Performance
Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year PSCD returned +10.89% while VYM returned +24.22%. Year to date, PSCD is up 15.07% versus a gain of 16.42% for VYM.
Over three years, PSCD compounded at +10.29% per year against +19.03% for VYM; over five years the annualized figures are +2.50% and +12.21% respectively. Across the full 16-year window we track, PSCD has the edge at +10.35% annualized vs +7.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCD has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 14.6% 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 -57.3% for PSCD 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSCD charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, PSCD currently yields 0.98% against 2.24% for VYM.
Holdings Overlap
PSCD and VYM share 24 holdings out of 667 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PSCD or VYM?
PSCD has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, PSCD or VYM?
Over the past year PSCD returned +10.89% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (16 years), PSCD annualized +10.35% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, PSCD or VYM?
PSCD has been the more volatile fund at 24.9% annualized versus 14.6% for VYM. Worst drawdown: PSCD -57.3% vs VYM -58.8%.
Should I hold both PSCD and VYM?
PSCD and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PSCD and VYM?
PSCD and VYM share 24 common holdings with a 0.3% weight overlap. Combined, they hold 667 unique securities.
Which pays a higher dividend, PSCD or VYM?
PSCD yields 0.98% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.