PYLD vs VTI

PYLD vs VTI

Which is better, PYLD or VTI?

Intermediate Term Bond against Large Cap Blend.

VTI has a lower expense ratio. VTI led over 1Y, 3Y and the full window.

Lower Fees: VTIHigher Returns: VTI

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

MetricPYLDVTI
Expense Ratio0.64%0.03%Best
AUM$15.6B$666.9B
Dividend Yield6.42%1.03%
Holdings2,0823,543
YTD Return+0.13%+11.53%Best
1Y Return+1.89%+15.74%Best
3Y Return (annualized)+7.73%+20.67%Best
5Y Return (annualized)-+11.59%
Volatility (annualized)4.8%Best13.1%
Max Drawdown-4.5%Best-19.3%
$10,000 over 3.2 years$12,462$17,788Best
Fund FamilyPIMCO (US)Vanguard (US)
CategoryFixed IncomeEquity
StyleIntermediate Term BondLarge Cap Blend
InceptionJun 21, 2023May 24, 2001

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 15, 2026 (3.2 years).

PYLD vs VTI 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 VTI Performance

PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an ETF from PIMCO (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PYLD returned +1.89% while VTI returned +15.74%. Year to date, PYLD is up 0.13% versus a gain of 11.53% for VTI.

Over three years, PYLD compounded at +7.73% per year against +20.67% for VTI.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 13.1% 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 -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PYLD charges 0.64% per year while VTI 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 1.03% for VTI.

Holdings Overlap

VTI already in PYLD0.1%

At least 0.1% of VTI'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 3,463 in VTI, against full books of 2,082 and 3,543.

Top Shared Holdings

StockWeight in PYLDWeight in VTIDifference
TMUST-Mobile Usa, Inc. 3.875% 15-Apr-20300.04%0.10%0.06%

You are not choosing between two funds in isolation.

Whichever of PYLD and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

PYLDVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, PYLD or VTI?

PYLD has an expense ratio of 0.64% while VTI charges 0.03%. VTI is the cheaper option, by $61 a year on a $10,000 investment.

Which performed better, PYLD or VTI?

Over the past year PYLD returned +1.89% vs +15.74% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PYLD or VTI?

VTI has been the more volatile fund at 13.1% annualized versus 4.8% for PYLD. Worst drawdown: PYLD -4.5% vs VTI -19.3%.

Should I hold both PYLD and VTI?

PYLD and VTI have a monthly-return correlation of 0.70, 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 VTI?

PYLD yields 6.42% while VTI yields 1.03%, so PYLD currently pays the higher dividend yield.

Is VTI better than PYLD?

VTI has a lower expense ratio. VTI 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.