PPT vs VOO
PPT vs VOO
Putnam Premier Income Trust 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 | PPT | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.93% | 0.03% | |
| AUM | $1,660.6 | $979.0B | |
| Dividend Yield | 8.41% | 1.09% | |
| Holdings | 766 | 509 | |
| YTD Return | +1.77% | +13.80% | |
| 1Y Return | +1.48% | +23.71% | |
| 3Y Return (annualized) | +7.02% | +21.50% | |
| 5Y Return (annualized) | +2.52% | +13.44% | |
| Volatility (annualized) | 11.5% | 14.1% | |
| Max Drawdown | -65.9% | -34.3% | |
| Fund Family | Putnam Investments | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 29, 1988 | Sep 7, 2010 |
PPT vs VOO Performance
Putnam Premier Income Trust (PPT) is a ETF from Putnam Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PPT returned +1.48% while VOO returned +23.71%. Year to date, PPT is up 1.77% versus a gain of 13.80% for VOO.
Over three years, PPT compounded at +7.02% per year against +21.50% for VOO; over five years the annualized figures are +2.52% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs -1.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.5% for PPT. 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 -65.9% for PPT 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PPT charges 0.93% per year while VOO charges 0.03%. On a $10,000 position that is $93 vs $3 annually, a gap of $90 per year that compounds over a long holding period. On income, PPT currently yields 8.41% against 1.09% for VOO.
Holdings Overlap
PPT and VOO share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PPT or VOO?
PPT has an expense ratio of 0.93% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
Which performed better, PPT or VOO?
Over the past year PPT returned +1.48% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PPT annualized -1.14% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, PPT or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 11.5% for PPT. Worst drawdown: PPT -65.9% vs VOO -34.3%.
Should I hold both PPT and VOO?
PPT and VOO have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PPT and VOO?
PPT and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, PPT or VOO?
PPT yields 8.41% while VOO yields 1.09%, so PPT 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.