PRFZ vs VTI
Invesco RAFI US 1500 Small-Mid ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PRFZ or VTI?
Small Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | PRFZ | VTI |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $2.7B | $689.2B |
| Dividend Yield | 0.85% | 1.06% |
| Holdings | 3,009 | 3,524 |
| YTD Return | +13.09%Best | +13.02% |
| 1Y Return | +15.00% | +16.63%Best |
| 3Y Return (annualized) | +18.34% | +21.97%Best |
| 5Y Return (annualized) | +7.90% | +11.99%Best |
| Volatility (annualized) | 21.3% | 15.8%Best |
| Max Drawdown | -63.0% | -56.6%Best |
| $10,000 over 5 years | $14,625 | $17,616Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Sep 20, 2006 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 20, 2006 to Oct 14, 2026 (20.1 years).
PRFZ vs VTI 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 20.1 years both funds cover.
PRFZ vs VTI Performance
Invesco RAFI US 1500 Small-Mid ETF (PRFZ) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PRFZ returned +15.00% while VTI returned +16.63%. Year to date, PRFZ is up 13.09% versus a gain of 13.02% for VTI.
Over three years, PRFZ compounded at +18.34% per year against +21.97% for VTI; over five years the annualized figures are +7.90% and +11.99% respectively. Across the full 20-year window we track, VTI has the edge at +9.53% annualized vs +8.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRFZ has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 15.8% 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 -63.0% for PRFZ and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
PRFZ charges 0.36% per year while VTI charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, PRFZ currently yields 0.85% against 1.06% for VTI.
Holdings Overlap
At least 4.3% of VTI's money is in holdings PRFZ also owns.
Stated as a floor: for PRFZ, our book for it covers 94.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and PRFZ share little of their money.
1,261 positions in common, counted across the 1,314 positions we hold weights for in PRFZ and 3,441 in VTI, against full books of 3,009 and 3,524.
Top Shared Holdings
| Stock | Weight in PRFZ | Weight in VTI | Difference |
|---|---|---|---|
| TXG10x Genomics Inc Com Usd 1 Cl A | 0.51% | 0.01% | 0.50% |
| IOVAIovance Biotherapeutics Inc | 0.45% | 0.00% | 0.45% |
| MXLMaxlinear Inc | 0.42% | 0.01% | 0.41% |
| CRGYCrescent Energ-A | 0.40% | 0.01% | 0.39% |
| DOCUDocusign Inc | 0.37% | 0.02% | 0.35% |
| PAYCPaycom Software Inc . | 0.38% | 0.01% | 0.37% |
| VIAVViavi Solutions Inc | 0.37% | 0.01% | 0.36% |
| IRDMIridium Communications Inc | 0.37% | 0.01% | 0.36% |
| DTDynatrace Inc | 0.36% | 0.02% | 0.34% |
| PARRPar Pacific Holdings Inc | 0.37% | 0.01% | 0.36% |
You are not choosing between two funds in isolation.
Whichever of PRFZ and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PRFZ or VTI?
PRFZ has an expense ratio of 0.36% while VTI charges 0.03%. VTI is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, PRFZ or VTI?
Over the past year PRFZ returned +15.00% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), PRFZ annualized +8.87% vs +9.53% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PRFZ or VTI?
PRFZ has been the more volatile fund at 21.3% annualized versus 15.8% for VTI. Worst drawdown: PRFZ -63.0% vs VTI -56.6%.
Should I hold both PRFZ and VTI?
PRFZ and VTI have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between PRFZ and VTI?
At least 4.3% of VTI's money is in holdings PRFZ also owns. Our book for PRFZ is partial, so the real figure is this or higher. They hold 1,261 positions in common, counted across the 1,314 positions we hold weights for in PRFZ and 3,441 in VTI.
Which pays a higher dividend, PRFZ or VTI?
PRFZ yields 0.85% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than PRFZ?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.