PXI vs VTI
Invesco Dorsey Wright Energy Momentum ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PXI or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. PXI led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 36.1%.
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 | PXI | VTI |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $80M | $689.2B |
| Dividend Yield | 1.18% | 1.06% |
| Holdings | 100 | 3,524 |
| YTD Return | +44.14%Best | +13.02% |
| 1Y Return | +41.76%Best | +16.63% |
| 3Y Return (annualized) | +15.30% | +21.97%Best |
| 5Y Return (annualized) | +16.88%Best | +11.99% |
| Volatility (annualized) | 32.9% | 15.8%Best |
| Max Drawdown | -86.2% | -56.6%Best |
| $10,000 over 5 years | $21,812Best | $17,616 |
| Top 10 Weight | 36.1% | 33.5%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Oct 12, 2006 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Oct 14, 2026 (20 years).
PXI 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 years both funds cover.
PXI vs VTI Performance
Invesco Dorsey Wright Energy Momentum ETF (PXI) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PXI returned +41.76% while VTI returned +16.63%. Year to date, PXI is up 44.14% versus a gain of 13.02% for VTI.
Over three years, PXI compounded at +15.30% per year against +21.97% for VTI; over five years the annualized figures are +16.88% and +11.99% respectively. Across the full 20-year window we track, VTI has the edge at +9.43% annualized vs +5.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PXI has been the more volatile fund, with annualized monthly volatility of 32.9% 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 -86.2% for PXI 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PXI charges 0.60% per year while VTI charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, PXI currently yields 1.18% against 1.06% for VTI.
Holdings Overlap
96.3% of PXI's money is in holdings VTI also owns. 2.9% of VTI's money is in holdings PXI also owns.
Most of PXI is already inside VTI. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 44 positions we hold weights for in PXI and 3,441 in VTI, against full books of 100 and 3,524.
What only one of them owns
Our book lists 1,124 positions for VTI that do not appear in our book for PXI (94.7% of the fund), and 1 for PXI that do not appear in VTI (0.3%).
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 PXI | Weight in VTI | Difference |
|---|---|---|---|
| VLOValero Energy Corp. | 3.89% | 0.14% | 3.75% |
| LNGCheniere Corp Christi | 3.89% | 0.08% | 3.81% |
| TRGPTarga Resources Inc | 3.88% | 0.09% | 3.79% |
| XOMExxon Mobil Corp. | 3.05% | 0.90% | 2.15% |
| MPCMarathon Petroleum Corp. | 3.70% | 0.15% | 3.55% |
| PBFPbf Energy Inc | 3.75% | 0.01% | 3.74% |
| PSXPhillips 66 | 3.63% | 0.13% | 3.50% |
| DINOHF Sinclair Corp | 3.72% | 0.02% | 3.70% |
| PRPermian Resources Corp | 3.40% | 0.03% | 3.37% |
| SOISolaris Oilfield Infrastructure Inc Com Cl A | 3.20% | 0.00% | 3.20% |
96.3% of PXI is already inside VTI.
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, PXI or VTI?
PXI has an expense ratio of 0.60% while VTI charges 0.03%. VTI is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, PXI or VTI?
Over the past year PXI returned +41.76% vs +16.63% for VTI, so PXI leads on 1-year performance. Over the longest common window we track (20 years), PXI annualized +5.36% vs +9.43% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PXI or VTI?
PXI has been the more volatile fund at 32.9% annualized versus 15.8% for VTI. Worst drawdown: PXI -86.2% vs VTI -56.6%.
Should I hold both PXI and VTI?
PXI and VTI have a monthly-return correlation of 0.63, 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 PXI and VTI?
96.3% of PXI's money is in holdings VTI also owns. 2.9% of VTI's is in holdings PXI also owns. They hold 41 positions in common, counted across the 44 positions we hold weights for in PXI and 3,441 in VTI.
Which pays a higher dividend, PXI or VTI?
PXI yields 1.18% while VTI yields 1.06%, so PXI currently pays the higher dividend yield.
Is VTI better than PXI?
VTI has a lower expense ratio. PXI led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 36.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.