PTY vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricPTYVXUSWinner
Expense Ratio3.70%0.05%
AUM$2.5B$156.5B
Dividend Yield12.40%2.60%
Holdings8098,747
YTD Return-1.51%+14.07%
1Y Return-5.53%+27.24%
3Y Return (annualized)+4.13%+19.27%
5Y Return (annualized)-1.53%+9.14%
Volatility (annualized)21.1%15.1%
Max Drawdown-69.7%-39.9%
Fund FamilyPIMCO (US)Vanguard (US)
CategoryFixed IncomeEquity
InceptionDec 27, 2002Jan 26, 2011

PTY vs VXUS Performance

PIMCO Corporate & Income Opportunity Fund (PTY) is a ETF from PIMCO (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year PTY returned -5.53% while VXUS returned +27.24%. Year to date, PTY is down 1.51% versus a gain of 14.07% for VXUS.

Over three years, PTY compounded at +4.13% per year against +19.27% for VXUS; over five years the annualized figures are -1.53% and +9.14% respectively. Across the full 16-year window we track, VXUS has the edge at +4.83% annualized vs +1.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PTY has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 15.1% 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 -69.7% for PTY and -39.9% for VXUS. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PTY charges 3.70% per year while VXUS charges 0.05%. On a $10,000 position that is $370 vs $5 annually, a gap of $365 per year that compounds over a long holding period. On income, PTY currently yields 12.40% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

PTY and VXUS share 2 holdings out of 7882 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PTYWeight in VXUSDifference
BMPS:MI0.80%0.05%0.75%
SESG:LU0.23%0.01%0.22%

Frequently Asked Questions

Which is cheaper, PTY or VXUS?

PTY has an expense ratio of 3.70% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $365 per year of difference.

Which performed better, PTY or VXUS?

Over the past year PTY returned -5.53% vs +27.24% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), PTY annualized +1.39% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, PTY or VXUS?

PTY has been the more volatile fund at 21.1% annualized versus 15.1% for VXUS. Worst drawdown: PTY -69.7% vs VXUS -39.9%.

Should I hold both PTY and VXUS?

PTY and VXUS have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PTY and VXUS?

PTY and VXUS share 2 common holdings with a 0.1% weight overlap. Combined, they hold 7882 unique securities.

Which pays a higher dividend, PTY or VXUS?

PTY yields 12.40% while VXUS yields 2.60%, so PTY currently pays the higher dividend yield.

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