PTH vs VYM
Invesco Dorsey Wright Healthcare Momentum ETF vs Vanguard High Dividend Yield ETF
Which is better, PTH or VYM?
Mid Cap Growth against Large Cap Value.
VYM has a lower expense ratio. PTH led over 1Y, 3Y and the full window, VYM over 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 37.3%.
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 | PTH | VYM |
|---|---|---|
| Expense Ratio | 0.60% | 0.04%Best |
| AUM | $271M | $81.6B |
| Dividend Yield | 2.51% | 2.22% |
| Holdings | 59 | 613 |
| YTD Return | +24.18%Best | +11.35% |
| 1Y Return | +54.31%Best | +15.34% |
| 3Y Return (annualized) | +21.37%Best | +17.22% |
| 5Y Return (annualized) | +2.62% | +12.30%Best |
| Volatility (annualized) | 21.8% | 14.6%Best |
| Max Drawdown | -53.5%Best | -58.8% |
| $10,000 over 5 years | $11,380 | $17,861Best |
| Top 10 Weight | 37.3% | 26.1%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Oct 12, 2006 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 18, 2026 (19.8 years).
PTH 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 19.8 years both funds cover.
PTH vs VYM Performance
Invesco Dorsey Wright Healthcare Momentum ETF (PTH) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PTH returned +54.31% while VYM returned +15.34%. Year to date, PTH is up 24.18% versus a gain of 11.35% for VYM.
Over three years, PTH compounded at +21.37% per year against +17.22% for VYM; over five years the annualized figures are +2.62% and +12.30% respectively. Across the full 20-year window we track, PTH has the edge at +10.72% annualized vs +6.82%.
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 14.6% 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 -53.5% for PTH 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 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PTH charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, PTH currently yields 2.51% against 2.22% for VYM.
Holdings Overlap
3.4% of PTH's money is in holdings VYM also owns. 0.3% of VYM's money is in holdings PTH also owns.
PTH and VYM share little of their money.
2 positions in common, counted across the 55 positions we hold weights for in PTH and 557 in VYM, against full books of 59 and 613.
What only one of them owns
Our book lists 526 positions for VYM that do not appear in our book for PTH (96.8% of the fund), and 50 for PTH that do not appear in VYM (89.1%).
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 PTH 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, PTH or VYM?
PTH has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, PTH or VYM?
Over the past year PTH returned +54.31% vs +15.34% for VYM, so PTH leads on 1-year performance. Over the longest common window we track (20 years), PTH annualized +10.72% vs +6.82% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PTH or VYM?
PTH has been the more volatile fund at 21.8% annualized versus 14.6% for VYM. Worst drawdown: PTH -53.5% vs VYM -58.8%.
Should I hold both PTH and VYM?
PTH and VYM have a monthly-return correlation of 0.56, 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 PTH and VYM?
3.4% of PTH's money is in holdings VYM also owns. 0.3% of VYM's is in holdings PTH also owns. They hold 2 positions in common, counted across the 55 positions we hold weights for in PTH and 557 in VYM.
Which pays a higher dividend, PTH or VYM?
PTH yields 2.51% while VYM yields 2.22%, so PTH currently pays the higher dividend yield.
Is VYM better than PTH?
VYM has a lower expense ratio. PTH led over 1Y, 3Y and the full window, VYM over 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 37.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.