PY vs VUSE
Principal Value ETF vs Vident US Equity Strategy ETF
Which is better, PY or VUSE?
Each has led over a different period.
PY has a lower expense ratio. PY led over 1Y, VUSE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. PY is less concentrated, with 26.6% of the fund in its ten largest positions against 28.3%.
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 | PY | VUSE |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.50% |
| AUM | $238M | $684M |
| Dividend Yield | 1.92% | 0.33% |
| Holdings | 206 | 248 |
| YTD Return | +10.62%Best | +10.16% |
| 1Y Return | +12.95%Best | +10.16% |
| 3Y Return (annualized) | +15.76% | +16.04%Best |
| 5Y Return (annualized) | +8.45% | +11.50%Best |
| Volatility (annualized) | 19.1% | 18.0%Best |
| Max Drawdown | -45.5%Tie | -45.5%Tie |
| $10,000 over 5 years | $15,002 | $17,234Best |
| Top 10 Weight | 26.6%Best | 28.3% |
| Fund Family | Principal Funds | Vident Financial |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Mar 21, 2016 | Jan 22, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Mar 22, 2016 to Oct 14, 2026 (10.6 years).
PY vs VUSE 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 10.6 years both funds cover.
PY vs VUSE Performance
Principal Value ETF (PY) is an ETF from Principal Funds and Vident US Equity Strategy ETF (VUSE) is an ETF from Vident Financial. Over the past year PY returned +12.95% while VUSE returned +10.16%. Year to date, PY is up 10.62% versus a gain of 10.16% for VUSE.
Over three years, PY compounded at +15.76% per year against +16.04% for VUSE; over five years the annualized figures are +8.45% and +11.50% respectively. Across the full 11-year window we track, VUSE has the edge at +11.07% annualized vs +9.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PY has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 18.0% for VUSE. 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 -45.5% for PY and -45.5% for VUSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PY charges 0.15% per year while VUSE charges 0.50%. On a $10,000 position that is $15 vs $50 annually, a gap of $35 per year that compounds over a long holding period. On income, PY currently yields 1.92% against 0.33% for VUSE.
Holdings Overlap
29.7% of PY's money is in holdings VUSE also owns. 28.4% of VUSE's money is in holdings PY also owns.
PY and VUSE share little of their money.
20 positions in common, counted across the 101 positions we hold weights for in PY and 123 in VUSE, against full books of 206 and 248.
What only one of them owns
Our book lists 102 positions for VUSE that do not appear in our book for PY (71.0% of the fund), and 80 for PY that do not appear in VUSE (69.4%).
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 PY | Weight in VUSE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 9.26% | 2.67% | 6.59% |
| AMZNAmazon.Com Inc | 3.37% | 2.37% | 1.00% |
| VVisa Inc. 'A' | 1.68% | 2.36% | 0.68% |
| JNJJohnson & Johnson - Common | 1.67% | 2.37% | 0.70% |
| WMTWalmart, Inc. | 0.78% | 2.45% | 1.67% |
| XOMExxon Mobil Corp. | 1.56% | 1.20% | 0.36% |
| JPMJpmorgan Chase & Co. | 0.24% | 2.34% | 2.10% |
| KOCoca-Cola Co/The | 1.41% | 0.94% | 0.47% |
| CRMSalesforce Inc. | 1.22% | 1.13% | 0.09% |
| FTNTFortinet Inc. | 0.74% | 1.47% | 0.73% |
29.7% of PY is already inside VUSE.
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, PY or VUSE?
PY has an expense ratio of 0.15% while VUSE charges 0.50%. PY is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, PY or VUSE?
Over the past year PY returned +12.95% vs +10.16% for VUSE, so PY leads on 1-year performance. Over the longest common window we track (11 years), PY annualized +9.67% vs +11.07% for VUSE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PY or VUSE?
PY has been the more volatile fund at 19.1% annualized versus 18.0% for VUSE. Worst drawdown: PY -45.5% vs VUSE -45.5%.
Should I hold both PY and VUSE?
PY and VUSE have a monthly-return correlation of 0.92, 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 PY and VUSE?
29.7% of PY's money is in holdings VUSE also owns. 28.4% of VUSE's is in holdings PY also owns. They hold 20 positions in common, counted across the 101 positions we hold weights for in PY and 123 in VUSE.
Which pays a higher dividend, PY or VUSE?
PY yields 1.92% while VUSE yields 0.33%, so PY currently pays the higher dividend yield.
Is VUSE better than PY?
PY has a lower expense ratio. PY led over 1Y, VUSE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. PY is less concentrated, with 26.6% of the fund in its ten largest positions against 28.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.