PFM vs VTI
PFM vs VTI
Invesco Dividend Achievers ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | PFM | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.52% | 0.03% | |
| AUM | $792M | $663.5B | |
| Dividend Yield | 1.34% | 1.07% | |
| Holdings | 433 | 3,543 | |
| YTD Return | +10.31% | +11.83% | |
| 1Y Return | +18.00% | +21.79% | |
| 3Y Return (annualized) | +15.74% | +20.40% | |
| 5Y Return (annualized) | +10.57% | +11.96% | |
| Volatility (annualized) | 13.4% | 15.3% | |
| Max Drawdown | -54.7% | -56.6% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 15, 2005 | May 24, 2001 |
PFM vs VTI Performance
Invesco Dividend Achievers ETF (PFM) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PFM returned +18.00% while VTI returned +21.79%. Year to date, PFM is up 10.31% versus a gain of 11.83% for VTI.
Over three years, PFM compounded at +15.74% per year against +20.40% for VTI; over five years the annualized figures are +10.57% and +11.96% respectively. Across the full 21-year window we track, VTI has the edge at +8.06% annualized vs +7.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.4% for PFM. 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 -54.7% for PFM 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PFM charges 0.52% per year while VTI charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, PFM currently yields 1.34% against 1.07% for VTI.
Holdings Overlap
PFM and VTI share 345 holdings out of 2868 unique holdings combined, representing a 38.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PFM | Weight in VTI | Difference |
|---|---|---|---|
| AAPL | 3.59% | 5.84% | 2.25% |
| MSFT | 3.25% | 3.81% | 0.56% |
| AVGO | 3.32% | 2.46% | 0.86% |
| LLY | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
See all 10 holdings PFM shares with VTI 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, PFM or VTI?
PFM has an expense ratio of 0.52% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, PFM or VTI?
Over the past year PFM returned +18.00% vs +21.79% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (21 years), PFM annualized +7.11% vs +8.06% for VTI. Past performance does not guarantee future results.
Which is riskier, PFM or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 13.4% for PFM. Worst drawdown: PFM -54.7% vs VTI -56.6%.
Should I hold both PFM and VTI?
PFM and VTI have a monthly-return correlation of 0.92, 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 PFM and VTI?
PFM and VTI share 345 common holdings with a 38.9% weight overlap. Combined, they hold 2868 unique securities.
Which pays a higher dividend, PFM or VTI?
PFM yields 1.34% while VTI yields 1.07%, so PFM currently pays the higher dividend yield.
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