PDN vs VSS
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF against Vanguard FTSE All-World EX-US Small-Cap Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
952 shared positions
Fee gap
41 bp
VSS is cheaper
1-year return gap
4.4 pts
PDN is ahead
Larger fund
VSS
$11.4B
Side by side
| PDN | VSS | |
|---|---|---|
| Fund | Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF | Vanguard FTSE All-World EX-US Small-Cap Index Fund |
| Issuer | Invesco | Vanguard |
| Category | International Small Cap | International Small Cap |
| Expense ratio | 0.47% | 0.06% |
| Assets | $347M | $11.4B |
| Average daily dollar volume | $460K | $33M |
| Listed | Sep 27, 2007 | Apr 2, 2009 |
| FrenzyCap score | 58 | 95 |
| 1-month return | −2.4% | −4.2% |
| 3-month return | +1.0% | +0.2% |
| Year to date | +8.2% | +6.3% |
| 1-year return | +11.6% | +7.2% |
| 30-day volatility | 11.9% | 12.4% |
| Worst drawdown, 1 year | −11.6% | −11.6% |
| Trailing 12-month yield | 3.32% | 2.96% |
| Holdings | 1,583 | 5,102 |
| Top 10 weight | 3.0% | 2.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$30M thru Jul 2026 | +$366M thru Jul 2026 |
| 30-day implied volatility | 13.0% | 18.3% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of Sep 30, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
50% of PDN · 35% of VSS| Holding | PDN | VSS |
|---|---|---|
| FRO | 0.18% | 0.18% |
| SSRM | 0.24% | 0.17% |
| Jyske Bank A/S | 0.18% | 0.17% |
| Storebrand ASA | 0.16% | 0.20% |
| Nexans | 0.20% | 0.15% |
| EGO | 0.14% | 0.23% |
| NKT A/S | 0.12% | 0.18% |
| OGC | 0.12% | 0.15% |
| Azimut Holding S.p.A. | 0.15% | 0.12% |
| Aixtron SE | 0.16% | 0.12% |
| SpareBank 1 Sor-Norge ASA | 0.12% | 0.12% |
| Lion Finance Group PLC | 0.12% | 0.16% |
| Tritax Big Box REIT PLC | 0.11% | 0.13% |
| LondonMetric Property PLC | 0.11% | 0.14% |
| AL Sydbank A/S | 0.11% | 0.18% |
| Aedifica S.A. | 0.11% | 0.17% |
| Technip Energies N.V. | 0.15% | 0.11% |
| Tamarack Valley Energy Ltd. | 0.14% | 0.11% |
| CGAU | 0.18% | 0.11% |
| Soitec | 0.17% | 0.11% |
| Vallourec | 0.18% | 0.11% |
| Computacenter PLC | 0.13% | 0.10% |
| Daishi Hokuetsu Financial Group, Inc. | 0.10% | 0.11% |
| Nishi-Nippon Financial Holdings, Inc. | 0.12% | 0.10% |
| TXG | 0.10% | 0.11% |
Sector mix of the stock holdings
| Sector | PDN | VSS | Gap |
|---|---|---|---|
| Materials | 1.9% | 1.1% | +0.8% |
| Industrials | 1.8% | 0.5% | +1.3% |
| Technology | 1.7% | 0.4% | +1.2% |
| Financials | 0.4% | 0.4% | +0.0% |
| Utilities | 0.5% | 0.3% | +0.2% |
| Energy | 0.4% | 0.3% | +0.1% |
| Health Care | 0.5% | 0.1% | +0.4% |
| Consumer Discretionary | 0.3% | 0.2% | +0.1% |
| Communication Services | 0.2% | 0.1% | +0.1% |
| Real Estate | 0.1% | 0.2% | −0.0% |
| Consumer Staples | 0.1% | 0.0% | +0.1% |
| Other | 0.1% | 0.0% | +0.1% |
More: full overlap table · PDN holdings · VSS holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.