PSI vs VYM
Invesco Semiconductors ETF vs Vanguard High Dividend Yield ETF
Which is better, PSI or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. PSI 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 49.9%.
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 | PSI | VYM |
|---|---|---|
| Expense Ratio | 0.56% | 0.04%Best |
| AUM | $2.3B | $81.6B |
| Dividend Yield | 0.04% | 2.22% |
| Holdings | 32 | 613 |
| YTD Return | +69.04%Best | +13.75% |
| 1Y Return | +114.91%Best | +19.42% |
| 3Y Return (annualized) | +47.40%Best | +18.22% |
| 5Y Return (annualized) | +26.64%Best | +12.17% |
| Volatility (annualized) | 29.1% | 14.5%Best |
| Max Drawdown | -62.3% | -58.8%Best |
| $10,000 over 5 years | $32,573Best | $17,758 |
| Top 10 Weight | 49.9% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 23, 2005 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 9, 2026 (19.8 years).
PSI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PSI vs VYM Performance
Invesco Semiconductors ETF (PSI) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PSI returned +114.91% while VYM returned +19.42%. Year to date, PSI is up 69.04% versus a gain of 13.75% for VYM.
Over three years, PSI compounded at +47.40% per year against +18.22% for VYM; over five years the annualized figures are +26.64% and +12.17% respectively. Across the full 20-year window we track, PSI has the edge at +17.40% annualized vs +6.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSI has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 14.5% 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 -62.3% for PSI and -58.8% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PSI charges 0.56% per year while VYM charges 0.04%. On a $10,000 position that is $56 vs $4 annually, a gap of $52 per year that compounds over a long holding period. On income, PSI currently yields 0.04% against 2.22% for VYM.
Holdings Overlap
9.9% of PSI's money is in holdings VYM also owns. 0.9% of VYM's money is in holdings PSI also owns.
PSI and VYM share little of their money.
3 positions in common, counted across the 31 positions we hold weights for in PSI and 603 in VYM, against full books of 32 and 613.
What only one of them owns
Our book lists 565 positions for VYM that do not appear in our book for PSI (96.4% of the fund), and 26 for PSI that do not appear in VYM (81.9%).
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.
You are not choosing between two funds in isolation.
Whichever of PSI and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PSI or VYM?
PSI has an expense ratio of 0.56% while VYM charges 0.04%. VYM is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, PSI or VYM?
Over the past year PSI returned +114.91% vs +19.42% for VYM, so PSI leads on 1-year performance. Over the longest common window we track (20 years), PSI annualized +17.40% vs +6.94% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSI or VYM?
PSI has been the more volatile fund at 29.1% annualized versus 14.5% for VYM. Worst drawdown: PSI -62.3% vs VYM -58.8%.
Should I hold both PSI and VYM?
PSI and VYM have a monthly-return correlation of 0.63, 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 PSI and VYM?
9.9% of PSI's money is in holdings VYM also owns. 0.9% of VYM's is in holdings PSI also owns. They hold 3 positions in common, counted across the 31 positions we hold weights for in PSI and 603 in VYM.
Which pays a higher dividend, PSI or VYM?
PSI yields 0.04% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PSI?
VYM has a lower expense ratio. PSI 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 49.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.