PSF 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

MetricPSFVTIWinner
Expense Ratio1.59%0.03%
AUM$2,687.94$663.5B
Dividend Yield6.91%1.07%
Holdings3323,543
YTD Return+0.36%+13.92%
1Y Return+2.27%+24.07%
3Y Return (annualized)+9.30%+20.88%
5Y Return (annualized)-1.74%+12.47%
Volatility (annualized)16.6%15.3%
Max Drawdown-55.4%-56.6%
Fund FamilyCohen & Steers FundsVanguard (US)
CategoryAllocation/BalancedEquity
InceptionNov 24, 2010May 24, 2001

PSF vs VTI Performance

Cohen & Steers Select Preferred and Income Fund Inc. (PSF) is a ETF from Cohen & Steers Funds and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PSF returned +2.27% while VTI returned +24.07%. Year to date, PSF is up 0.36% versus a gain of 13.92% for VTI.

Over three years, PSF compounded at +9.30% per year against +20.88% for VTI; over five years the annualized figures are -1.74% and +12.47% respectively. Across the full 16-year window we track, VTI has the edge at +8.13% annualized vs +1.20%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PSF has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -55.4% for PSF 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PSF charges 1.59% per year while VTI charges 0.03%. On a $10,000 position that is $159 vs $3 annually, a gap of $156 per year that compounds over a long holding period. On income, PSF currently yields 6.91% against 1.07% for VTI.

Holdings Overlap

0.8%overlap

PSF and VTI share 6 holdings out of 2964 unique holdings combined, representing a 0.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PSFWeight in VTIDifference
FITB0.82%0.07%0.75%
NEE0.57%0.25%0.32%
MTB0.76%0.05%0.71%
CProProPro
FHNProProPro
ACGLProProPro
See all 6 holdings PSF 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, PSF or VTI?

PSF has an expense ratio of 1.59% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $156 per year of difference.

Which performed better, PSF or VTI?

Over the past year PSF returned +2.27% vs +24.07% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (16 years), PSF annualized +1.20% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, PSF or VTI?

PSF has been the more volatile fund at 16.6% annualized versus 15.3% for VTI. Worst drawdown: PSF -55.4% vs VTI -56.6%.

Should I hold both PSF and VTI?

PSF and VTI have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PSF and VTI?

PSF and VTI share 6 common holdings with a 0.8% weight overlap. Combined, they hold 2964 unique securities.

Which pays a higher dividend, PSF or VTI?

PSF yields 6.91% while VTI yields 1.07%, so PSF currently pays the higher dividend yield.

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