PWS vs VOO

PWS vs VOO

Which is better, PWS or VOO?

Tactical Allocation against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. PWS is less concentrated, with 30.4% of the fund in its ten largest positions against 37.6%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: PWS

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

MetricPWSVOO
Expense Ratio0.60%0.03%Best
AUM$25M$997.4B
Dividend Yield1.27%1.04%
Holdings359509
YTD Return+0.70%+14.14%Best
1Y Return+1.84%+17.31%Best
3Y Return (annualized)+8.44%+23.04%Best
5Y Return (annualized)+1.69%+13.63%Best
Volatility (annualized)12.5%Best16.4%
Max Drawdown-24.9%Best-34.3%
$10,000 over 5 years$10,874$18,944Best
Top 10 Weight30.4%Best37.6%
Fund FamilyPacer ETFsVanguard (US)
CategoryAllocation/BalancedEquity
StyleTactical AllocationLarge Cap Blend
InceptionDec 11, 2017Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Dec 12, 2017 to Sep 22, 2026 (8.8 years).

PWS 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 8.8 years both funds cover.

PWS vs VOO Performance

Pacer WealthShield ETF (PWS) is an ETF from Pacer ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PWS returned +1.84% while VOO returned +17.31%. Year to date, PWS is up 0.70% versus a gain of 14.14% for VOO.

Over three years, PWS compounded at +8.44% per year against +23.04% for VOO; over five years the annualized figures are +1.69% and +13.63% respectively. Across the full 9-year window we track, VOO has the edge at +13.94% annualized vs +4.34%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 12.5% for PWS. 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 -24.9% for PWS 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 0.52. They move together some of the time, and apart the rest.

Fees and Cost Over Time

PWS 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, PWS currently yields 1.27% against 1.04% for VOO.

Holdings Overlap

PWS already in VOO81.2%
VOO already in PWS51.7%

81.2% of PWS's money is in holdings VOO also owns. 51.7% of VOO's money is in holdings PWS also owns.

Most of PWS is already inside VOO. Owning both mostly buys the same companies twice.

206 positions in common, counted across the 352 positions we hold weights for in PWS and 494 in VOO, against full books of 359 and 509.

What only one of them owns

Our book lists 280 positions for VOO that do not appear in our book for PWS (47.4% of the fund), and 137 for PWS that do not appear in VOO (17.4%).

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 PWSWeight in VOODifference
NVDANvidia Corp4.44%7.55%3.11%
AAPLApple, Inc3.86%7.05%3.19%
MSFTMicrosoft Corp3.13%5.36%2.23%
XOMExxon Mobil Corp.6.10%1.00%5.10%
AVGOBroadcom Inc1.46%2.86%1.40%
CVXChevron Corp3.52%0.57%2.95%
WELLWelltower, Inc.2.66%0.26%2.40%
MUMicron Technology, Inc.0.90%1.44%0.54%
PLDPrologis Inc2.08%0.21%1.87%
AMDAdvanced Micro Devices Inc0.64%1.21%0.57%

81.2% of PWS 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.

PWSVOO

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Frequently Asked Questions

Which is cheaper, PWS or VOO?

PWS has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.

Which performed better, PWS or VOO?

Over the past year PWS returned +1.84% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), PWS annualized +4.34% vs +13.94% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PWS or VOO?

VOO has been the more volatile fund at 16.4% annualized versus 12.5% for PWS. Worst drawdown: PWS -24.9% vs VOO -34.3%.

Should I hold both PWS and VOO?

PWS and VOO have a monthly-return correlation of 0.52, 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 PWS and VOO?

81.2% of PWS's money is in holdings VOO also owns. 51.7% of VOO's is in holdings PWS also owns. They hold 206 positions in common, counted across the 352 positions we hold weights for in PWS and 494 in VOO.

Which pays a higher dividend, PWS or VOO?

PWS yields 1.27% while VOO yields 1.04%, so PWS currently pays the higher dividend yield.

Is VOO better than PWS?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. PWS is less concentrated, with 30.4% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.