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ETF comparison

PXF vs VSS

Both International Developed.

Invesco RAFI Developed Markets ex-U.S. ETF · Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
2.5 %

101 positions appear in both funds. Buying equal dollars of PXF and VSS would leave roughly 2.5% of each dollar exposed to the same underlying securities.

PXF unmatched 97.3% Shared 2.5% VSS unmatched 96.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In PXF only
918 positions
Shared
101 positions
In VSS only
4,717 positions

Side by side

PXF

Invesco RAFI Developed Markets ex-U.S. ETF

Invesco · International Developed

71 composite / 100
Expense ratio
0.43%
Net assets
$2.94B
TTM yield
3.27%
Top-10 conc.
14.6%
VSS

Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares

Vanguard · International Developed

93 composite / 100
Expense ratio
0.060%
Net assets
$13.99B
whole fund, 3 share classes
TTM yield
3.02%
Top-10 conc.
2.4%

Sub-score comparison

57
Cost
94
76
Tax efficiency
77
77
Liquidity
100
93
Concentration
100
—
Tracking quality
—
PXF sub-score VSS

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VSS is 37 bps cheaper than PXF. On a $100,000 position that's about $370/yr more in fees for PXF.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with PXF vs VSS.

Top shared holdings

101 shared in total
# Holding In PXF In VSS Overlap
1 Valeo 0.08% 0.10% 0.08%
2 thyssenkrupp AG 0.07% 0.19% 0.07%
3 Umicore S.A. 0.07% 0.16% 0.07%
4 Adecco Group AG 0.06% 0.13% 0.06%
5 West Fraser Timber Co. Ltd. 0.06% 0.09% 0.06%
6 WPP PLC 0.06% 0.12% 0.06%
7 Arkema 0.06% 0.11% 0.06%
8 voestalpine AG 0.06% 0.18% 0.06%
9 Aurubis AG 0.05% 0.15% 0.05%
10 Teleperformance SE 0.05% 0.11% 0.05%
11 Johnson Matthey PLC 0.04% 0.13% 0.04%
12 B&M European Value Retail PLC 0.04% 0.09% 0.04%

Only in PXF

918 total
  • Samsung Electronics Co., Ltd. 4.14%
  • Shell PLC 2.10%
  • TotalEnergies SE 1.47%
  • HSBC Holdings PLC 1.37%
  • Roche Holding AG 1.08%
  • BHP Group Ltd. 0.98%
  • Toyota Motor Corp. 0.94%
  • BP PLC 0.92%
  • Glencore PLC 0.83%
  • Novartis AG 0.74%

Only in VSS

4,717 total
  • Hudbay Minerals Inc 0.27%
  • Aritzia Inc 0.27%
  • Storebrand ASA 0.24%
  • Accelleron Industries AG 0.24%
  • Games Workshop Group PLC 0.24%
  • Taiwan Union Technology Corp 0.24%
  • Gaztransport Et Technigaz SA 0.23%
  • South Bow Corp 0.22%
  • DPM Metals Inc 0.21%
  • Aedifica SA 0.21%

Percentages are holdings overlap with the named fund.

Open PXF or VSS at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.