PTH vs VOO
Invesco Dorsey Wright Healthcare Momentum ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. PTH delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PTH | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $231M | $979.0B | |
| Dividend Yield | 2.56% | 1.09% | |
| Holdings | 59 | 509 | |
| YTD Return | +23.87% | +13.79% | |
| 1Y Return | +64.85% | +23.01% | |
| 3Y Return (annualized) | +20.13% | +21.78% | |
| 5Y Return (annualized) | +2.30% | +13.39% | |
| Volatility (annualized) | 21.8% | 14.1% | |
| Max Drawdown | -53.5% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 12, 2006 | Sep 7, 2010 |
PTH vs VOO Performance
Invesco Dorsey Wright Healthcare Momentum ETF (PTH) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PTH returned +64.85% while VOO returned +23.01%. Year to date, PTH is up 23.87% versus a gain of 13.79% for VOO.
Over three years, PTH compounded at +20.13% per year against +21.78% for VOO; over five years the annualized figures are +2.30% and +13.39% respectively. Across the full 16-year window we track, VOO has the edge at +13.57% annualized vs +10.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTH has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -53.5% for PTH and -34.3% for VOO. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PTH charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, PTH currently yields 2.56% against 1.09% for VOO.
Holdings Overlap
PTH and VOO share 6 holdings out of 557 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PTH or VOO?
PTH has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, PTH or VOO?
Over the past year PTH returned +64.85% vs +23.01% for VOO, so PTH leads on 1-year performance. Over the longest common window we track (16 years), PTH annualized +10.86% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, PTH or VOO?
PTH has been the more volatile fund at 21.8% annualized versus 14.1% for VOO. Worst drawdown: PTH -53.5% vs VOO -34.3%.
Should I hold both PTH and VOO?
PTH and VOO have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PTH and VOO?
PTH and VOO share 6 common holdings with a 0.5% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, PTH or VOO?
PTH yields 2.56% while VOO yields 1.09%, so PTH currently pays the higher dividend yield.
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