PTNQ vs VYM

PTNQ vs VYM

Which is better, PTNQ or VYM?

Large Cap Growth against Large Cap Value.

VYM has a lower expense ratio. PTNQ led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 46.4%.

Lower Fees: VYMHigher Returns: splitLess Concentrated: VYM

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

MetricPTNQVYM
Expense Ratio0.65%0.04%Best
AUM$1.2B$81.6B
Dividend Yield0.80%2.22%
Holdings103613
YTD Return+9.76%+13.91%Best
1Y Return+15.24%+17.57%Best
3Y Return (annualized)+12.77%+18.12%Best
5Y Return (annualized)+9.59%+12.17%Best
Volatility (annualized)14.3%14.0%Best
Max Drawdown-28.1%Best-35.7%
$10,000 over 5 years$15,807$17,758Best
Top 10 Weight46.4%25.9%Best
Fund FamilyPacer ETFsVanguard (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Value
InceptionJun 11, 2015Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2015 to Sep 11, 2026 (11.2 years).

PTNQ 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 11.2 years both funds cover.

PTNQ vs VYM Performance

Pacer Trendpilot 100 ETF (PTNQ) is an ETF from Pacer ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PTNQ returned +15.24% while VYM returned +17.57%. Year to date, PTNQ is up 9.76% versus a gain of 13.91% for VYM.

Over three years, PTNQ compounded at +12.77% per year against +18.12% for VYM; over five years the annualized figures are +9.59% and +12.17% respectively. Across the full 11-year window we track, PTNQ has the edge at +12.38% annualized vs +9.48%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PTNQ has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 14.0% 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 -28.1% for PTNQ and -35.7% 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

PTNQ charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, PTNQ currently yields 0.80% against 2.22% for VYM.

Holdings Overlap

PTNQ already in VYM17.3%
VYM already in PTNQ20.0%

17.3% of PTNQ's money is in holdings VYM also owns. 20.0% of VYM's money is in holdings PTNQ also owns.

VYM and PTNQ share little of their money.

28 positions in common, counted across the 102 positions we hold weights for in PTNQ and 603 in VYM, against full books of 103 and 613.

What only one of them owns

Our book lists 540 positions for VYM that do not appear in our book for PTNQ (77.5% of the fund), and 66 for PTNQ that do not appear in VYM (79.6%).

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.

Top Shared Holdings

StockWeight in PTNQWeight in VYMDifference
AVGOBroadcom Inc3.13%7.29%4.16%
CSCOCisco Systems Inc. - Ordinary Shares2.09%1.93%0.16%
TXNTexas Instruments, Inc1.12%1.13%0.01%
LINLinde Plc Ordinary Shares0.98%0.99%0.01%
AMGNAmgen Inc.0.92%0.75%0.17%
ADIAnalog Devices, Inc.0.81%0.80%0.01%
PEPPepsico Inc.0.83%0.77%0.06%
QCOMQualcomm Inc.0.75%0.81%0.06%
GILDGilead Sciences Inc0.73%0.65%0.08%
TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#5855580.83%0.34%0.49%

20.0% of VYM is already inside PTNQ.

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

PTNQVYM

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Frequently Asked Questions

Which is cheaper, PTNQ or VYM?

PTNQ has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.

Which performed better, PTNQ or VYM?

Over the past year PTNQ returned +15.24% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (11 years), PTNQ annualized +12.38% vs +9.48% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PTNQ or VYM?

PTNQ has been the more volatile fund at 14.3% annualized versus 14.0% for VYM. Worst drawdown: PTNQ -28.1% vs VYM -35.7%.

Should I hold both PTNQ and VYM?

PTNQ 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 PTNQ and VYM?

20.0% of VYM's money is in holdings PTNQ also owns. 20.0% of VYM's is in holdings PTNQ also owns. They hold 28 positions in common, counted across the 102 positions we hold weights for in PTNQ and 603 in VYM.

Which pays a higher dividend, PTNQ or VYM?

PTNQ yields 0.80% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than PTNQ?

VYM has a lower expense ratio. PTNQ led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 46.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.