PXF vs. VEA
Compare and contrast key facts about Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) and Vanguard FTSE Developed Markets ETF (VEA).
PXF and VEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXF is a passively managed fund by Invesco that tracks the performance of the FTSE RAFI Developed Markets ex-U.S. Index. It was launched on Jun 25, 2007. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both PXF and VEA 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: PXF or VEA.
Correlation
The correlation between PXF and VEA is 0.94, 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
PXF vs. VEA - Performance Comparison
Key characteristics
PXF:
0.93
VEA:
0.76
PXF:
1.32
VEA:
1.12
PXF:
1.17
VEA:
1.14
PXF:
1.29
VEA:
1.00
PXF:
3.01
VEA:
2.36
PXF:
4.00%
VEA:
4.14%
PXF:
12.94%
VEA:
12.87%
PXF:
-64.74%
VEA:
-60.69%
PXF:
-1.82%
VEA:
-2.44%
Returns By Period
The year-to-date returns for both stocks are quite close, with PXF having a 7.18% return and VEA slightly lower at 7.15%. Both investments have delivered pretty close results over the past 10 years, with PXF having a 5.50% annualized return and VEA not far ahead at 5.51%.
PXF
7.18%
4.35%
0.93%
10.80%
8.12%
5.50%
VEA
7.15%
3.72%
-0.38%
8.55%
6.60%
5.51%
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PXF vs. VEA - Expense Ratio Comparison
PXF has a 0.45% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
PXF vs. VEA — Risk-Adjusted Performance Rank
PXF
VEA
PXF vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) and Vanguard FTSE Developed Markets ETF (VEA). 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
PXF vs. VEA - Dividend Comparison
PXF's dividend yield for the trailing twelve months is around 3.25%, more than VEA's 3.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 3.25% | 3.48% | 3.55% | 3.58% | 3.73% | 2.11% | 3.50% | 3.38% | 2.78% | 3.21% | 3.10% | 4.01% |
VEA Vanguard FTSE Developed Markets ETF | 3.13% | 3.36% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% |
Drawdowns
PXF vs. VEA - Drawdown Comparison
The maximum PXF drawdown since its inception was -64.74%, which is greater than VEA's maximum drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for PXF and VEA. For additional features, visit the drawdowns tool.
Volatility
PXF vs. VEA - Volatility Comparison
Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 3.59% and 3.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.