PXF vs VXUS
Invesco RAFI Developed Markets ex-US ETF vs Vanguard Total International Stock ETF
Which is better, PXF or VXUS?
Large Cap Value against Large Cap Blend.
VXUS has a lower expense ratio. PXF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | PXF | VXUS |
|---|---|---|
| Expense Ratio | 0.43% | 0.05%Best |
| AUM | $3.0B | $158.1B |
| Dividend Yield | 2.99% | 2.51% |
| Holdings | 1,040 | 8,747 |
| YTD Return | +19.60%Best | +12.82% |
| 1Y Return | +31.66%Best | +19.86% |
| 3Y Return (annualized) | +23.77%Best | +19.33% |
| 5Y Return (annualized) | +14.96%Best | +9.46% |
| Volatility (annualized) | 16.5% | 15.0%Best |
| Max Drawdown | -45.9% | -39.9%Best |
| $10,000 over 5 years | $20,079Best | $15,714 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 25, 2007 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 18, 2026 (15.6 years).
PXF vs VXUS 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 15.6 years both funds cover.
PXF vs VXUS Performance
Invesco RAFI Developed Markets ex-US ETF (PXF) is an ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year PXF returned +31.66% while VXUS returned +19.86%. Year to date, PXF is up 19.60% versus a gain of 12.82% for VXUS.
Over three years, PXF compounded at +23.77% per year against +19.33% for VXUS; over five years the annualized figures are +14.96% and +9.46% respectively. Across the full 16-year window we track, PXF has the edge at +5.58% annualized vs +4.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PXF has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.0% 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 -45.9% for PXF and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PXF charges 0.43% per year while VXUS charges 0.05%. On a $10,000 position that is $43 vs $5 annually, a gap of $38 per year that compounds over a long holding period. On income, PXF currently yields 2.99% against 2.51% for VXUS.
Holdings Overlap
At least 70.9% of PXF's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of PXF is already inside VXUS. Owning both mostly buys the same companies twice.
744 positions in common, counted across the 962 positions we hold weights for in PXF and 8,082 in VXUS, against full books of 1,040 and 8,747.
Top Shared Holdings
| Stock | Weight in PXF | Weight in VXUS | Difference |
|---|---|---|---|
| SHELShell Plc | 2.07% | 0.57% | 1.50% |
| HSBA:LNHsbc Securities Inc | 1.29% | 0.82% | 0.47% |
| ROP:SMRoche Ps Par Ag | 1.05% | 0.69% | 0.36% |
| BHP:AUBhp Group Ltd | 1.07% | 0.31% | 0.76% |
| NOVN:SMNovartis Ag Ordinary Shares | 0.70% | 0.65% | 0.05% |
| NESN:SMNestle Sa | 0.68% | 0.58% | 0.10% |
| RY:CARoyal Bank Of Canada | 0.57% | 0.66% | 0.09% |
| SIE:SGSiemens Ag | 0.59% | 0.54% | 0.05% |
| BP:LNBp Plc Common Stock Gbp | 0.87% | 0.26% | 0.61% |
| 8306:JPMitsubishi Ufj Financial Group, Inc. | 0.55% | 0.54% | 0.01% |
70.9% of PXF is already inside VXUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PXF or VXUS?
PXF has an expense ratio of 0.43% while VXUS charges 0.05%. VXUS is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, PXF or VXUS?
Over the past year PXF returned +31.66% vs +19.86% for VXUS, so PXF leads on 1-year performance. Over the longest common window we track (16 years), PXF annualized +5.58% vs +4.72% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PXF or VXUS?
PXF has been the more volatile fund at 16.5% annualized versus 15.0% for VXUS. Worst drawdown: PXF -45.9% vs VXUS -39.9%.
Should I hold both PXF and VXUS?
PXF and VXUS have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between PXF and VXUS?
At least 70.9% of PXF's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 744 positions in common, counted across the 962 positions we hold weights for in PXF and 8,082 in VXUS.
Which pays a higher dividend, PXF or VXUS?
PXF yields 2.99% while VXUS yields 2.51%, so PXF currently pays the higher dividend yield.
Is VXUS better than PXF?
VXUS has a lower expense ratio. PXF led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.