PSR vs VOO
Invesco Active US Real Estate ETF vs Vanguard S&P 500 ETF
Which is better, PSR or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 59.3%.
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 | PSR | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $59M | $997.4B |
| Dividend Yield | 2.46% | 1.04% |
| Holdings | 32 | 509 |
| YTD Return | +13.70%Best | +12.23% |
| 1Y Return | +12.55% | +18.60%Best |
| 3Y Return (annualized) | +9.09% | +20.98%Best |
| 5Y Return (annualized) | +1.02% | +12.76%Best |
| Volatility (annualized) | 16.4% | 14.1%Best |
| Max Drawdown | -43.0% | -34.3%Best |
| $10,000 over 5 years | $10,521 | $18,230Best |
| Top 10 Weight | 59.3% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2008 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 9, 2026 (16 years).
PSR vs VOO 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 years both funds cover.
PSR vs VOO Performance
Invesco Active US Real Estate ETF (PSR) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PSR returned +12.55% while VOO returned +18.60%. Year to date, PSR is up 13.70% versus a gain of 12.23% for VOO.
Over three years, PSR compounded at +9.09% per year against +20.98% for VOO; over five years the annualized figures are +1.02% and +12.76% respectively. Across the full 16-year window we track, VOO has the edge at +13.40% annualized vs +6.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSR has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.1% for VOO. 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 -43.0% for PSR and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSR charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, PSR currently yields 2.46% against 1.04% for VOO.
Holdings Overlap
58.6% of PSR's money is in holdings VOO also owns. 1.2% of VOO's money is in holdings PSR also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 32 positions we hold weights for in PSR and 505 in VOO, against full books of 32 and 509.
What only one of them owns
Measured across the 32 and 505 positions we hold weights for.
VOO holds 484 positions PSR does not, 98.3% of the fund.
Largest: NVDA 7.51%, AAPL 6.59%, MSFT 4.30%, AMZN 3.62%, GOOGL 3.25%
Top Shared Holdings
| Stock | Weight in PSR | Weight in VOO | Difference |
|---|---|---|---|
| AMTAmerican Tower Corp (Aka: Snr S* Sp Gst | 9.70% | 0.12% | 9.58% |
| PLDPrologis Inc | 9.23% | 0.20% | 9.03% |
| WELLWelltower, Inc. | 8.13% | 0.25% | 7.88% |
| DLRDigital Realty Trust Inc. | 7.63% | 0.09% | 7.54% |
| EQIXEquinix Inc. Real Estate Investment Trust | 5.12% | 0.16% | 4.96% |
| PSAPublic Storage | 3.73% | 0.08% | 3.65% |
| CPTCamden Property Trust Common Stock | 3.73% | 0.02% | 3.71% |
| UDRUdr Inc. | 3.67% | 0.02% | 3.65% |
| IRMIron Mtn Inc New Com Npv | 2.23% | 0.06% | 2.17% |
| CCICrown Castle International Corp Reit Usd 0.01 | 2.08% | 0.05% | 2.03% |
58.6% of PSR is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PSR or VOO?
PSR has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, PSR or VOO?
Over the past year PSR returned +12.55% vs +18.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PSR annualized +6.41% vs +13.40% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSR or VOO?
PSR has been the more volatile fund at 16.4% annualized versus 14.1% for VOO. Worst drawdown: PSR -43.0% vs VOO -34.3%.
Should I hold both PSR and VOO?
PSR and VOO have a monthly-return correlation of 0.72, 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 PSR and VOO?
58.6% of PSR's money is in holdings VOO also owns. 1.2% of VOO's is in holdings PSR also owns. They hold 12 positions in common, counted across the 32 positions we hold weights for in PSR and 505 in VOO.
Which pays a higher dividend, PSR or VOO?
PSR yields 2.46% while VOO yields 1.04%, so PSR currently pays the higher dividend yield.
Is VOO better than PSR?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.