GHY vs VTI

Quick Verdict

VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: TiedHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricGHYVTIWinner
Expense Ratio-0.03%
AUM$543M$663.5B
Dividend Yield9.71%1.07%
Holdings8893,543
YTD Return-0.52%+10.14%
1Y Return-1.51%+19.82%
3Y Return (annualized)+12.12%+18.94%
5Y Return (annualized)+4.60%+11.79%
Volatility (annualized)13.0%15.4%
Max Drawdown-55.6%-56.6%
Fund FamilyPGIM InvestmentsVanguard (US)
CategoryFixed IncomeEquity
InceptionDec 21, 2012May 24, 2001

GHY vs VTI Performance

PGIM Global High Yield Fund, Inc (GHY) is a ETF from PGIM Investments and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year GHY returned -1.51% while VTI returned +19.82%. Year to date, GHY is down 0.52% versus a gain of 10.14% for VTI.

Over three years, GHY compounded at +12.12% per year against +18.94% for VTI; over five years the annualized figures are +4.60% and +11.79% respectively. Across the full 14-year window we track, VTI has the edge at +7.99% annualized vs +0.10%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.0% for GHY. 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 -55.6% for GHY and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.

Holdings Overlap

0.1%overlap

GHY and VTI share 3 holdings out of 3325 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GHYWeight in VTIDifference
HP0.50%0.00%0.50%
EXE0.10%0.03%0.07%
GEN0.08%0.02%0.06%

Frequently Asked Questions

Which performed better, GHY or VTI?

Over the past year GHY returned -1.51% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (14 years), GHY annualized +0.10% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, GHY or VTI?

VTI has been the more volatile fund at 15.4% annualized versus 13.0% for GHY. Worst drawdown: GHY -55.6% vs VTI -56.6%.

Should I hold both GHY and VTI?

GHY and VTI have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GHY and VTI?

GHY and VTI share 3 common holdings with a 0.1% weight overlap. Combined, they hold 3325 unique securities.

Which pays a higher dividend, GHY or VTI?

GHY yields 9.71% while VTI yields 1.07%, so GHY currently pays the higher dividend yield.

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