PDP vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricPDPVTIWinner
Expense Ratio0.62%0.03%
AUM$1.5B$663.5B
Dividend Yield0.07%1.07%
Holdings1033,543
YTD Return+15.88%+13.57%
1Y Return+22.68%+24.23%
3Y Return (annualized)+20.07%+20.73%
5Y Return (annualized)+8.39%+12.24%
Volatility (annualized)18.4%15.3%
Max Drawdown-59.3%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 1, 2007May 24, 2001

PDP vs VTI Performance

Invesco Dorsey Wright Momentum ETF (PDP) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PDP returned +22.68% while VTI returned +24.23%. Year to date, PDP is up 15.88% versus a gain of 13.57% for VTI.

Over three years, PDP compounded at +20.07% per year against +20.73% for VTI; over five years the annualized figures are +8.39% and +12.24% respectively. Across the full 19-year window we track, PDP has the edge at +9.74% annualized vs +8.12%. 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 15.3% 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 -59.3% for PDP 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

PDP charges 0.62% per year while VTI 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 1.07% for VTI.

Holdings Overlap

17.4%overlap

PDP and VTI share 92 holdings out of 2792 unique holdings combined, representing a 17.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PDPWeight in VTIDifference
AAPL2.82%5.84%3.02%
MU3.05%1.79%1.26%
GOOGL1.32%2.88%1.56%
AMATProProPro
WDCProProPro
APHProProPro
FIXProProPro
CRSProProPro
STXProProPro
TRGPProProPro
See all 10 holdings PDP shares with VTI
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Frequently Asked Questions

Which is cheaper, PDP or VTI?

PDP has an expense ratio of 0.62% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $59 per year of difference.

Which performed better, PDP or VTI?

Over the past year PDP returned +22.68% vs +24.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (19 years), PDP annualized +9.74% vs +8.12% for VTI. Past performance does not guarantee future results.

Which is riskier, PDP or VTI?

PDP has been the more volatile fund at 18.4% annualized versus 15.3% for VTI. Worst drawdown: PDP -59.3% vs VTI -56.6%.

Should I hold both PDP and VTI?

PDP and VTI have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between PDP and VTI?

PDP and VTI share 92 common holdings with a 17.4% weight overlap. Combined, they hold 2792 unique securities.

Which pays a higher dividend, PDP or VTI?

PDP yields 0.07% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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