PYLD vs VOO
PIMCO Multisector Bond Active Exchange-Traded Fund vs Vanguard S&P 500 ETF
Which is better, PYLD or VOO?
Intermediate Term Bond against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
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 | PYLD | VOO |
|---|---|---|
| Expense Ratio | 0.64% | 0.03%Best |
| AUM | $15.6B | $997.4B |
| Dividend Yield | 6.42% | 1.04% |
| Holdings | 2,082 | 509 |
| YTD Return | +0.59% | +12.25%Best |
| 1Y Return | +2.40% | +17.03%Best |
| 3Y Return (annualized) | +7.88% | +21.25%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 4.8%Best | 12.7% |
| Max Drawdown | -4.5%Best | -18.7% |
| $10,000 over 3.2 years | $12,514 | $18,051Best |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Intermediate Term Bond | Large Cap Blend |
| Inception | Jun 21, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 22, 2023 to Sep 17, 2026 (3.2 years).
PYLD 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 3.2 years both funds cover.
PYLD vs VOO Performance
PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an ETF from PIMCO (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PYLD returned +2.40% while VOO returned +17.03%. Year to date, PYLD is up 0.59% versus a gain of 12.25% for VOO.
Over three years, PYLD compounded at +7.88% per year against +21.25% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 4.8% for PYLD. 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 -4.5% for PYLD and -18.7% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PYLD charges 0.64% per year while VOO charges 0.03%. On a $10,000 position that is $64 vs $3 annually, a gap of $61 per year that compounds over a long holding period. On income, PYLD currently yields 6.42% against 1.04% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings PYLD also owns.
Stated as a floor: for PYLD, our book for it covers 42.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 507 positions we hold weights for in PYLD and 494 in VOO, against full books of 2,082 and 509.
Top Shared Holdings
| Stock | Weight in PYLD | Weight in VOO | Difference |
|---|---|---|---|
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.04% | 0.12% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of PYLD and VOO 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, PYLD or VOO?
PYLD has an expense ratio of 0.64% while VOO charges 0.03%. VOO is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, PYLD or VOO?
Over the past year PYLD returned +2.40% vs +17.03% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PYLD or VOO?
VOO has been the more volatile fund at 12.7% annualized versus 4.8% for PYLD. Worst drawdown: PYLD -4.5% vs VOO -18.7%.
Should I hold both PYLD and VOO?
PYLD and VOO have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PYLD or VOO?
PYLD yields 6.42% while VOO yields 1.04%, so PYLD currently pays the higher dividend yield.
Is VOO better than PYLD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.