PSP vs VXUS

PSP vs VXUS

Which is better, PSP or VXUS?

Mid Cap Growth against Large Cap Blend.

VXUS has a lower expense ratio. VXUS led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VXUSHigher Returns: VXUS

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

MetricPSPVXUS
Expense Ratio1.80%0.05%Best
AUM$242M$158.1B
Dividend Yield5.98%2.51%
Holdings758,747
YTD Return-9.55%+14.83%Best
1Y Return-10.84%+24.27%Best
3Y Return (annualized)+9.96%+19.98%Best
5Y Return (annualized)-0.32%+9.07%Best
Volatility (annualized)21.4%15.0%Best
Max Drawdown-49.9%-39.9%Best
$10,000 over 5 years$9,841$15,436Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Blend
InceptionOct 24, 2006Jan 26, 2011

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 9, 2026 (15.6 years).

PSP vs VXUS 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 15.6 years both funds cover.

PSP vs VXUS Performance

Invesco Global Listed Private Equity ETF (PSP) is an ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year PSP returned -10.84% while VXUS returned +24.27%. Year to date, PSP is down 9.55% versus a gain of 14.83% for VXUS.

Over three years, PSP compounded at +9.96% per year against +19.98% for VXUS; over five years the annualized figures are -0.32% and +9.07% respectively. Across the full 16-year window we track, VXUS has the edge at +4.85% annualized vs +2.84%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PSP has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 15.0% for VXUS. 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 -49.9% for PSP and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PSP charges 1.80% per year while VXUS charges 0.05%. On a $10,000 position that is $180 vs $5 annually, a gap of $175 per year that compounds over a long holding period. On income, PSP currently yields 5.98% against 2.51% for VXUS.

Holdings Overlap

PSP already in VXUS31.2%

At least 31.2% of PSP's money is in holdings VXUS also owns.

Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

The two portfolios partly overlap.

15 positions in common, counted across the 66 positions we hold weights for in PSP and 8,091 in VXUS, against full books of 75 and 8,747.

Top Shared Holdings

StockWeight in PSPWeight in VXUSDifference
III:LN3i Group Plc5.97%0.07%5.90%
CVC:LNCvc Capital Partners Plc4.74%0.01%4.73%
SOF:BRSofina Sa4.49%0.01%4.48%
PGHN:SMPartners Group Holding AG Namen Akt4.29%0.04%4.25%
ONEX:CAOnex Corp.(onex)2.58%0.01%2.57%
BBUCBrookfield Business Corporation, Class A2.14%0.00%2.14%
MWDP:PAWendel Se1.68%0.01%1.67%
KINV.B:STKinnevik, Class B1.06%0.00%1.06%
GROW:LNDraper Esprit Plc1.04%0.00%1.04%
GIMBGimv Nv0.92%0.00%0.92%

31.2% of PSP is already inside VXUS.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

PSPVXUS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, PSP or VXUS?

PSP has an expense ratio of 1.80% while VXUS charges 0.05%. VXUS is the cheaper option, by $175 a year on a $10,000 investment.

Which performed better, PSP or VXUS?

Over the past year PSP returned -10.84% vs +24.27% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), PSP annualized +2.84% vs +4.85% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PSP or VXUS?

PSP has been the more volatile fund at 21.4% annualized versus 15.0% for VXUS. Worst drawdown: PSP -49.9% vs VXUS -39.9%.

Should I hold both PSP and VXUS?

PSP and VXUS have a monthly-return correlation of 0.85, 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 PSP and VXUS?

At least 31.2% of PSP's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 15 positions in common, counted across the 66 positions we hold weights for in PSP and 8,091 in VXUS.

Which pays a higher dividend, PSP or VXUS?

PSP yields 5.98% while VXUS yields 2.51%, so PSP currently pays the higher dividend yield.

Is VXUS better than PSP?

VXUS has a lower expense ratio. VXUS led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.