PYZ vs VTI
Invesco Dorsey Wright Basic Materials Momentum ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PYZ or VTI?
Small Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. PYZ led over 1Y, VTI over 3Y, 5Y 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 | PYZ | VTI |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $75M | $666.9B |
| Dividend Yield | 0.50% | 1.07% |
| Holdings | 44 | 3,543 |
| YTD Return | +11.19% | +13.59%Best |
| 1Y Return | +22.57%Best | +20.00% |
| 3Y Return (annualized) | +15.57% | +20.95%Best |
| 5Y Return (annualized) | +7.94% | +11.81%Best |
| Volatility (annualized) | 24.0% | 15.8%Best |
| Max Drawdown | -65.7% | -56.6%Best |
| $10,000 over 5 years | $14,653 | $17,474Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Oct 12, 2006 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Sep 4, 2026 (19.9 years).
PYZ 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 19.9 years both funds cover.
PYZ vs VTI Performance
Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PYZ returned +22.57% while VTI returned +20.00%. Year to date, PYZ is up 11.19% versus a gain of 13.59% for VTI.
Over three years, PYZ compounded at +15.57% per year against +20.95% for VTI; over five years the annualized figures are +7.94% and +11.81% respectively. Across the full 20-year window we track, VTI has the edge at +9.51% annualized vs +8.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PYZ has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 15.8% for VTI. 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 -65.7% for PYZ and -56.6% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PYZ charges 0.60% per year while VTI 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, PYZ currently yields 0.50% against 1.07% for VTI.
Holdings Overlap
At least 90.4% of PYZ's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% 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 PYZ is already inside VTI. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 43 positions we hold weights for in PYZ and 2,787 in VTI, against full books of 44 and 3,543.
What only one of them owns
Measured across the 43 and 2,787 positions we hold weights for.
VTI holds 665 positions PYZ does not, 90.4% of the fund.
Largest: NVDA 6.32%, AAPL 5.84%, MSFT 3.81%, AMZN 3.17%, GOOGL 2.88%
Top Shared Holdings
| Stock | Weight in PYZ | Weight in VTI | Difference |
|---|---|---|---|
| CRSCarpenter Technology Corpcommon Stock | 7.12% | 0.04% | 7.08% |
| ATIAti Inc | 6.99% | 0.04% | 6.95% |
| NUENucor Corp. | 3.80% | 0.07% | 3.73% |
| STLDSteel Dynamics, Inc. | 3.78% | 0.04% | 3.74% |
| CTVACorteva Inc Ctva | 3.27% | 0.08% | 3.19% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 3.17% | 0.12% | 3.05% |
| APDAir Products & Chemicals Inc. | 3.05% | 0.09% | 2.96% |
| DDDupont De Nemours Inc Npv | 2.99% | 0.03% | 2.96% |
| RSReliance Steel & Aluminum Co. | 2.93% | 0.03% | 2.90% |
| CFCf Industries Holdings Inc. | 2.91% | 0.02% | 2.89% |
90.4% of PYZ is already inside VTI.
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, PYZ or VTI?
PYZ has an expense ratio of 0.60% while VTI charges 0.03%. VTI is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, PYZ or VTI?
Over the past year PYZ returned +22.57% vs +20.00% for VTI, so PYZ leads on 1-year performance. Over the longest common window we track (20 years), PYZ annualized +8.60% vs +9.51% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PYZ or VTI?
PYZ has been the more volatile fund at 24.0% annualized versus 15.8% for VTI. Worst drawdown: PYZ -65.7% vs VTI -56.6%.
Should I hold both PYZ and VTI?
PYZ and VTI have a monthly-return correlation of 0.88, 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 PYZ and VTI?
At least 90.4% of PYZ's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 37 positions in common, counted across the 43 positions we hold weights for in PYZ and 2,787 in VTI.
Which pays a higher dividend, PYZ or VTI?
PYZ yields 0.50% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
Is VTI better than PYZ?
VTI has a lower expense ratio. PYZ led over 1Y, VTI over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.