PDN vs. VXF
Compare and contrast key facts about Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) and Vanguard Extended Market ETF (VXF).
PDN and VXF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PDN is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI Developed x US Mid/Small. It was launched on Sep 27, 2007. VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001. Both PDN and VXF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDN or VXF.
Correlation
The correlation between PDN and VXF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PDN vs. VXF - Performance Comparison
Key characteristics
PDN:
0.78
VXF:
1.06
PDN:
1.15
VXF:
1.54
PDN:
1.14
VXF:
1.19
PDN:
0.74
VXF:
1.13
PDN:
2.16
VXF:
4.97
PDN:
4.78%
VXF:
3.73%
PDN:
13.30%
VXF:
17.51%
PDN:
-59.32%
VXF:
-58.04%
PDN:
-5.38%
VXF:
-4.78%
Returns By Period
In the year-to-date period, PDN achieves a 7.08% return, which is significantly higher than VXF's 3.52% return. Over the past 10 years, PDN has underperformed VXF with an annualized return of 4.81%, while VXF has yielded a comparatively higher 9.40% annualized return.
PDN
7.08%
4.15%
1.50%
9.85%
4.90%
4.81%
VXF
3.52%
-2.10%
12.87%
20.61%
9.80%
9.40%
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PDN vs. VXF - Expense Ratio Comparison
PDN has a 0.49% expense ratio, which is higher than VXF's 0.06% expense ratio.
Risk-Adjusted Performance
PDN vs. VXF — Risk-Adjusted Performance Rank
PDN
VXF
PDN vs. VXF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) and Vanguard Extended Market ETF (VXF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PDN vs. VXF - Dividend Comparison
PDN's dividend yield for the trailing twelve months is around 3.13%, more than VXF's 1.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDN Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | 3.13% | 3.36% | 3.16% | 2.68% | 2.42% | 1.79% | 2.60% | 2.21% | 2.42% | 2.16% | 2.06% | 1.96% |
VXF Vanguard Extended Market ETF | 1.06% | 1.09% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% |
Drawdowns
PDN vs. VXF - Drawdown Comparison
The maximum PDN drawdown since its inception was -59.32%, roughly equal to the maximum VXF drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for PDN and VXF. For additional features, visit the drawdowns tool.
Volatility
PDN vs. VXF - Volatility Comparison
The current volatility for Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is 3.19%, while Vanguard Extended Market ETF (VXF) has a volatility of 3.59%. This indicates that PDN experiences smaller price fluctuations and is considered to be less risky than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.