PAPI vs VXUS
PAPI vs VXUS
Parametric Equity Premium Income ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7860 holdings.
Side-by-Side Comparison
| Metric | PAPI | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.05% | |
| AUM | $442M | $156.5B | |
| Dividend Yield | 7.52% | 2.60% | |
| Holdings | 194 | 8,747 | |
| YTD Return | +11.12% | +13.65% | |
| 1Y Return | +17.81% | +28.53% | |
| 3Y Return (annualized) | - | +18.64% | |
| 5Y Return (annualized) | - | +9.00% | |
| Volatility (annualized) | 10.2% | 15.1% | |
| Max Drawdown | -14.3% | -39.9% | |
| Fund Family | Parametric | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 16, 2023 | Jan 26, 2011 |
PAPI vs VXUS Performance
Parametric Equity Premium Income ETF (PAPI) is a ETF from Parametric and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year PAPI returned +17.81% while VXUS returned +28.53%. Year to date, PAPI is up 11.12% versus a gain of 13.65% for VXUS.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.2% for PAPI. 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 -14.3% for PAPI and -39.9% for VXUS. 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PAPI charges 0.29% per year while VXUS charges 0.05%. On a $10,000 position that is $29 vs $5 annually, a gap of $24 per year that compounds over a long holding period. On income, PAPI currently yields 7.52% against 2.60% for VXUS.
Holdings Overlap
PAPI and VXUS share 5 holdings out of 8045 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PAPI | Weight in VXUS | Difference |
|---|---|---|---|
| 2345:TW | 0.53% | 0.05% | 0.48% |
| QSR:CA | 0.52% | 0.05% | 0.47% |
| AM | 0.54% | 0.02% | 0.52% |
| BAM:CA | Pro | Pro | Pro |
| QGEN:AS | Pro | Pro | Pro |
See all 5 holdings PAPI shares with VXUS Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, PAPI or VXUS?
PAPI has an expense ratio of 0.29% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, PAPI or VXUS?
Over the past year PAPI returned +17.81% vs +28.53% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (3 years), PAPI annualized +11.79% vs +4.81% for VXUS. Past performance does not guarantee future results.
Which is riskier, PAPI or VXUS?
VXUS has been the more volatile fund at 15.1% annualized versus 10.2% for PAPI. Worst drawdown: PAPI -14.3% vs VXUS -39.9%.
Should I hold both PAPI and VXUS?
PAPI and VXUS have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PAPI and VXUS?
PAPI and VXUS share 5 common holdings with a 0.2% weight overlap. Combined, they hold 8045 unique securities.
Which pays a higher dividend, PAPI or VXUS?
PAPI yields 7.52% while VXUS yields 2.60%, so PAPI currently pays the higher dividend yield.
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