PSCD vs VYM

PSCD vs VYM

Which is better, PSCD or VYM?

Small Cap Blend against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 26.9%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: VYM

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

MetricPSCDVYM
Expense Ratio0.29%0.04%Best
AUM$25M$81.6B
Dividend Yield0.98%2.24%
Holdings90613
YTD Return+10.86%+14.82%Best
1Y Return+3.00%+20.84%Best
3Y Return (annualized)+10.57%+18.64%Best
5Y Return (annualized)+2.35%+12.28%Best
Volatility (annualized)24.8%13.2%Best
Max Drawdown-57.3%-35.7%Best
$10,000 over 5 years$11,232$17,845Best
Top 10 Weight26.9%25.9%Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleSmall Cap BlendLarge Cap Value
InceptionApr 7, 2010Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Apr 7, 2010 to Sep 4, 2026 (16.4 years).

PSCD 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 16.4 years both funds cover.

PSCD vs VYM Performance

Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PSCD returned +3.00% while VYM returned +20.84%. Year to date, PSCD is up 10.86% versus a gain of 14.82% for VYM.

Over three years, PSCD compounded at +10.57% per year against +18.64% for VYM; over five years the annualized figures are +2.35% and +12.28% respectively. Across the full 16-year window we track, VYM has the edge at +10.08% annualized vs +10.06%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PSCD has been the more volatile fund, with annualized monthly volatility of 24.8% compared with 13.2% 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 -35.7% 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 0.76. 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 already in VYM28.7%
VYM already in PSCD0.3%

28.7% of PSCD's money is in holdings VYM also owns. 0.3% of VYM's money is in holdings PSCD also owns.

PSCD and VYM share little of their money.

24 positions in common, counted across the 90 positions we hold weights for in PSCD and 603 in VYM, against full books of 90 and 613.

What only one of them owns

Our book lists 548 positions for VYM that do not appear in our book for PSCD (97.1% of the fund), and 66 for PSCD that do not appear in VYM (71.3%).

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

StockWeight in PSCDWeight in VYMDifference
POOLPool Corp.2.48%0.03%2.45%
LKQLkq Corp.2.37%0.03%2.34%
IBPInstalled Building Products2.03%0.02%2.01%
CAKECheesecake Factory Inc/the1.84%0.02%1.82%
ADTADT INC1.68%0.02%1.66%
KTBKontoor Brands Inc1.61%0.02%1.59%
SIG:LNSignet Jewelers Limited Common Shares1.48%0.01%1.47%
AAPAdvance Auto Parts Inc.1.35%0.02%1.33%
SHOOSteven Madden Ltd1.35%0.01%1.34%
RRRRed Rock Resorts, Inc. Class A1.16%0.01%1.15%

28.7% of PSCD 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.

PSCDVYM

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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, by $25 a year on a $10,000 investment.

Which performed better, PSCD or VYM?

Over the past year PSCD returned +3.00% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (16 years), PSCD annualized +10.06% vs +10.08% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PSCD or VYM?

PSCD has been the more volatile fund at 24.8% annualized versus 13.2% for VYM. Worst drawdown: PSCD -57.3% vs VYM -35.7%.

Should I hold both PSCD and VYM?

PSCD and VYM have a monthly-return correlation of 0.76, 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 PSCD and VYM?

28.7% of PSCD's money is in holdings VYM also owns. 0.3% of VYM's is in holdings PSCD also owns. They hold 24 positions in common, counted across the 90 positions we hold weights for in PSCD and 603 in VYM.

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.

Is VYM better than PSCD?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 26.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.