PKB vs VOO
Invesco Building and Construction ETF vs Vanguard S&P 500 ETF
Which is better, PKB or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. PKB led over the full window, VOO over 1Y, 3Y and 5Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 48.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PKB | VOO |
|---|---|---|
| Expense Ratio | 0.57% | 0.03%Best |
| AUM | $264M | $1.0T |
| Dividend Yield | 0.20% | 1.06% |
| Holdings | 33 | 506 |
| YTD Return | -8.07% | +13.57%Best |
| 1Y Return | -8.87% | +17.55%Best |
| 3Y Return (annualized) | +21.00% | +22.46%Best |
| 5Y Return (annualized) | +12.53% | +13.28%Best |
| Volatility (annualized) | 23.5% | 14.1%Best |
| Max Drawdown | -52.3% | -34.3%Best |
| $10,000 over 5 years | $18,044 | $18,654Best |
| Top 10 Weight | 48.1% | 37.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 26, 2005 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Oct 14, 2026 (16.1 years).
PKB vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.1 years both funds cover.
PKB vs VOO Performance
Invesco Building and Construction ETF (PKB) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PKB returned -8.87% while VOO returned +17.55%. Year to date, PKB is down 8.07% versus a gain of 13.57% for VOO.
Over three years, PKB compounded at +21.00% per year against +22.46% for VOO; over five years the annualized figures are +12.53% and +13.28% respectively. Across the full 16-year window we track, PKB has the edge at +13.52% annualized vs +13.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PKB has been the more volatile fund, with annualized monthly volatility of 23.5% 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 -52.3% for PKB and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PKB charges 0.57% per year while VOO charges 0.03%. On a $10,000 position that is $57 vs $3 annually, a gap of $54 per year that compounds over a long holding period. On income, PKB currently yields 0.20% against 1.06% for VOO.
Holdings Overlap
37.5% of PKB's money is in holdings VOO also owns. 0.6% of VOO's money is in holdings PKB also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 31 positions we hold weights for in PKB and 504 in VOO, against full books of 33 and 506.
What only one of them owns
Our book lists 493 positions for VOO that do not appear in our book for PKB (99.2% of the fund), and 22 for PKB that do not appear in VOO (55.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PKB | Weight in VOO | Difference |
|---|---|---|---|
| PWRQuanta | 5.97% | 0.14% | 5.83% |
| JCIJohnson Controls International Plc | 5.88% | 0.13% | 5.75% |
| FIXComfort Systems USA Inc. | 5.88% | 0.08% | 5.80% |
| EMEEmcor Group Inc | 5.66% | 0.05% | 5.61% |
| MLMMartin Marietta Materials Inc. | 4.83% | 0.05% | 4.78% |
| VMCVulcan Materials Co. | 4.72% | 0.05% | 4.67% |
| CRH:LNC R H P L C | 4.54% | 0.10% | 4.44% |
37.5% of PKB is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PKB or VOO?
PKB has an expense ratio of 0.57% while VOO charges 0.03%. VOO is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, PKB or VOO?
Over the past year PKB returned -8.87% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PKB annualized +13.52% vs +13.40% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PKB or VOO?
PKB has been the more volatile fund at 23.5% annualized versus 14.1% for VOO. Worst drawdown: PKB -52.3% vs VOO -34.3%.
Should I hold both PKB and VOO?
PKB and VOO have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PKB and VOO?
37.5% of PKB's money is in holdings VOO also owns. 0.6% of VOO's is in holdings PKB also owns. They hold 7 positions in common, counted across the 31 positions we hold weights for in PKB and 504 in VOO.
Which pays a higher dividend, PKB or VOO?
PKB yields 0.20% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than PKB?
VOO has a lower expense ratio. PKB led over the full window, VOO over 1Y, 3Y and 5Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 48.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.