PDP vs VOO
PDP vs VOO
Invesco Dorsey Wright Momentum ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PDP | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.62% | 0.03% | |
| AUM | $1.5B | $979.0B | |
| Dividend Yield | 0.07% | 1.09% | |
| Holdings | 103 | 509 | |
| YTD Return | +15.88% | +13.11% | |
| 1Y Return | +22.68% | +22.88% | |
| 3Y Return (annualized) | +20.07% | +21.08% | |
| 5Y Return (annualized) | +8.39% | +13.26% | |
| Volatility (annualized) | 18.4% | 14.1% | |
| Max Drawdown | -59.3% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 1, 2007 | Sep 7, 2010 |
PDP vs VOO Performance
Invesco Dorsey Wright Momentum ETF (PDP) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PDP returned +22.68% while VOO returned +22.88%. Year to date, PDP is up 15.88% versus a gain of 13.11% for VOO.
Over three years, PDP compounded at +20.07% per year against +21.08% for VOO; over five years the annualized figures are +8.39% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.54% annualized vs +9.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDP has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 14.1% for VOO. 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 -59.3% for PDP and -34.3% for VOO. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PDP charges 0.62% per year while VOO charges 0.03%. On a $10,000 position that is $62 vs $3 annually, a gap of $59 per year that compounds over a long holding period. On income, PDP currently yields 0.07% against 1.09% for VOO.
Holdings Overlap
PDP and VOO share 61 holdings out of 545 unique holdings combined, representing a 18.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PDP | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 2.82% | 6.59% | 3.77% |
| MU | 3.05% | 2.02% | 1.03% |
| GOOGL | 1.32% | 3.25% | 1.93% |
| AMAT | Pro | Pro | Pro |
| WDC | Pro | Pro | Pro |
| APH | Pro | Pro | Pro |
| FIX | Pro | Pro | Pro |
| STX | Pro | Pro | Pro |
| TRGP | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
See all 10 holdings PDP shares with VOO 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, PDP or VOO?
PDP has an expense ratio of 0.62% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, PDP or VOO?
Over the past year PDP returned +22.68% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PDP annualized +9.74% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, PDP or VOO?
PDP has been the more volatile fund at 18.4% annualized versus 14.1% for VOO. Worst drawdown: PDP -59.3% vs VOO -34.3%.
Should I hold both PDP and VOO?
PDP and VOO have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PDP and VOO?
PDP and VOO share 61 common holdings with a 18.1% weight overlap. Combined, they hold 545 unique securities.
Which pays a higher dividend, PDP or VOO?
PDP yields 0.07% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.