PAYR vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: TiedMore Diversified: VTI

Side-by-Side Comparison

MetricPAYRVTIWinner
Expense Ratio0.40%0.03%
AUM$57M$663.5B
Dividend Yield6.04%1.07%
Holdings593,543
YTD Return+9.45%+14.20%
1Y Return-+24.16%
3Y Return (annualized)-+21.12%
5Y Return (annualized)-+12.37%
Volatility (annualized)-15.3%
Max Drawdown-7.3%-56.6%
Fund FamilyFederated Hermes FundsVanguard (US)
CategoryAllocation/BalancedEquity
InceptionOct 7, 2025May 24, 2001

PAYR vs VTI Performance

Federated Hermes Enhanced Income ETF (PAYR) is a ETF from Federated Hermes Funds and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Year to date, PAYR is up 9.45% versus a gain of 14.20% for VTI.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -7.3% for PAYR and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

PAYR charges 0.40% per year while VTI charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, PAYR currently yields 6.04% against 1.07% for VTI.

Holdings Overlap

4.6%overlap

PAYR and VTI share 32 holdings out of 2799 unique holdings combined, representing a 4.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PAYRWeight in VTIDifference
USB3.64%0.13%3.51%
TFC3.47%0.09%3.38%
PAYX3.45%0.04%3.41%
PNCProProPro
ABBVProProPro
PLDProProPro
PFEProProPro
KIMProProPro
PEPProProPro
AMTProProPro
See all 10 holdings PAYR shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, PAYR or VTI?

PAYR has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

What is the holdings overlap between PAYR and VTI?

PAYR and VTI share 32 common holdings with a 4.6% weight overlap. Combined, they hold 2799 unique securities.

Which pays a higher dividend, PAYR or VTI?

PAYR yields 6.04% while VTI yields 1.07%, so PAYR currently pays the higher dividend yield.

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