VXUS vs. PKB

Last updated Jun 16, 2026

VXUS (Vanguard Total International Stock ETF) and PKB (Invesco Dynamic Building & Construction ETF) are both exchange-traded funds - VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index, while PKB is a Building & Construction fund tracking the Dynamic Building & Construction Intellidex Index. Both are passively managed. Over the past 10 years, VXUS returned 10.23%/yr vs 15.86%/yr for PKB. A 0.67 correlation means they provide meaningful diversification when combined. VXUS charges 0.05%/yr vs 0.60%/yr for PKB.

Performance

VXUS vs. PKB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock ETF (VXUS) and Invesco Dynamic Building & Construction ETF (PKB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VXUS achieves a 15.42% return, which is significantly lower than PKB's 16.22% return. Over the past 10 years, VXUS has underperformed PKB with an annualized return of 10.23%, while PKB has yielded a comparatively higher 15.86% annualized return.

VXUS

• 1D: 1.52%
• 1M: 4.66%
• YTD: 15.42%
• 6M: 16.87%
• 1Y: 32.10%
• 3Y*: 18.53%
• 5Y*: 8.83%
• 10Y*: 10.23%

PKB

• 1D: 1.66%
• 1M: 5.36%
• YTD: 16.22%
• 6M: 11.91%
• 1Y: 39.97%
• 3Y*: 28.24%
• 5Y*: 17.52%
• 10Y*: 15.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VXUS vs. PKB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VXUS Vanguard Total International Stock ETF	15.42%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%
PKB Invesco Dynamic Building & Construction ETF	16.22%	22.47%	20.24%	55.29%	-24.88%	32.96%	24.49%	40.15%	-31.11%	24.67%

Correlation

The correlation between VXUS and PKB is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011	0.67

The correlation between VXUS and PKB has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.

VXUS vs. PKB - Sectors Allocation Comparison

Sectors	VXUS	PKB
Financial Services	22.3%	0.1%
Technology	18.1%	-
Industrials	16.1%	41.7%
Consumer Cyclical	8.4%	19.4%
Basic Materials	7.6%	36.5%
Healthcare	7.1%	-
Energy	5.2%	2.4%
Consumer Defensive	5.0%	-
Communication Services	4.4%	-
Utilities	3.2%	3.0%
Real Estate	2.6%	-

Return for Risk

VXUS vs. PKB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VXUS

VXUS Risk / Return Rank: 67
VXUS Sharpe Ratio Rank: 69
VXUS Sortino Ratio Rank: 67
VXUS Omega Ratio Rank: 70
VXUS Calmar Ratio Rank: 63
VXUS Martin Ratio Rank: 67

PKB

PKB Risk / Return Rank: 53
PKB Sharpe Ratio Rank: 54
PKB Sortino Ratio Rank: 55
PKB Omega Ratio Rank: 48
PKB Calmar Ratio Rank: 57
PKB Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VXUS vs. PKB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock ETF (VXUS) and Invesco Dynamic Building & Construction ETF (PKB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VXUS	PKB	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.69	+0.31
Sortino ratio: Return per unit of downside risk	2.73	2.42	+0.31
Omega ratio: Gain probability vs. loss probability	1.37	1.28	+0.09
Calmar ratio: Return relative to maximum drawdown	2.86	2.61	+0.25
Martin ratio: Return relative to average drawdown	11.00	8.26	+2.74

VXUS vs. PKB - Sharpe Ratio Comparison

The current VXUS Sharpe Ratio is 2.01, which is comparable to the PKB Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of VXUS and PKB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VXUS vs. PKB - Drawdown Comparison

The maximum VXUS drawdown since its inception was -35.97%, smaller than the maximum PKB drawdown of -65.21%. Use the drawdown chart below to compare losses from any high point for VXUS and PKB.

Drawdown Indicators

	VXUS	PKB	Difference
Max Drawdown Largest peak-to-trough decline	-35.97%	-65.21%	+29.24%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-15.41%	+4.14%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-29.75%	+16.17%
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	-34.85%	+5.41%
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	-52.29%	+16.32%
Current Drawdown Current decline from peak	0.00%	-2.73%	+2.73%
Average Drawdown Average peak-to-trough decline	-8.20%	-15.75%	+7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	4.85%	-1.92%

Volatility

VXUS vs. PKB - Volatility Comparison

The current volatility for Vanguard Total International Stock ETF (VXUS) is 6.87%, while Invesco Dynamic Building & Construction ETF (PKB) has a volatility of 8.82%. This indicates that VXUS experiences smaller price fluctuations and is considered to be less risky than PKB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VXUS	PKB	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	8.82%	-1.95%
Volatility (6M) Calculated over the trailing 6-month period	14.09%	18.70%	-4.61%
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	23.78%	-7.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	25.79%	-9.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	27.30%	-10.09%

VXUS vs. PKB - Expense Ratio Comparison

VXUS has a 0.05% expense ratio, which is lower than PKB's 0.60% expense ratio.

Dividends

VXUS vs. PKB - Dividend Comparison

VXUS's dividend yield for the trailing twelve months is around 2.63%, more than PKB's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PKB Invesco Dynamic Building & Construction ETF	0.14%	0.14%	0.23%	0.33%	0.43%	0.25%	0.30%	0.37%	0.54%	0.17%	0.31%	0.11%
VXUS Vanguard Total International Stock ETF	2.63%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both VXUS and PKB in my portfolio?

VXUS and PKB have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VXUS or PKB?

PKB has higher volatility (8.82%) compared to VXUS (6.87%). In terms of maximum drawdown, VXUS dropped -35.97% vs PKB's -65.21%.

Which ETF is better, VXUS or PKB?

On 10-year performance, PKB leads with 15.86% vs 10.23% for VXUS. On fees, VXUS is cheaper at 0.05% per year. On volatility, VXUS has been the lower-risk option at 6.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VXUS or PKB?

Over the 10-year period, PKB has performed better with a 15.86% return vs 10.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VXUS or PKB?

VXUS is cheaper with a 0.05% expense ratio, compared with 0.60% for PKB.

Which ETF pays a higher dividend yield, VXUS or PKB?

VXUS has the higher dividend yield at 2.63%, compared with 0.14% for PKB.

What is the main difference between VXUS and PKB?

VXUS is categorized as Global Equities, while PKB is Building & Construction. VXUS tracks FTSE Global All Cap ex US Index, while PKB tracks Dynamic Building & Construction Intellidex Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.05% for VXUS and 0.60% for PKB.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.01 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.