AAPB vs VYM
GraniteShares 2x Long AAPL Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. AAPB delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | AAPB | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.15% | 0.04% | |
| AUM | $16M | $81.6B | |
| Dividend Yield | 3.16% | 2.24% | |
| Holdings | 2 | 616 | |
| YTD Return | +20.00% | +15.75% | |
| 1Y Return | +58.88% | +23.85% | |
| 3Y Return (annualized) | +24.91% | +19.14% | |
| 5Y Return (annualized) | - | +12.45% | |
| Volatility (annualized) | 45.1% | 14.6% | |
| Max Drawdown | -58.1% | -58.8% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 9, 2022 | Nov 10, 2006 |
AAPB vs VYM Performance
GraniteShares 2x Long AAPL Daily ETF (AAPB) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AAPB returned +58.88% while VYM returned +23.85%. Year to date, AAPB is up 20.00% versus a gain of 15.75% for VYM.
Over three years, AAPB compounded at +24.91% per year against +19.14% for VYM. Across the full 4-year window we track, AAPB has the edge at +17.20% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPB has been the more volatile fund, with annualized monthly volatility of 45.1% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -58.1% for AAPB and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPB charges 1.15% per year while VYM charges 0.04%. On a $10,000 position that is $115 vs $4 annually, a gap of $111 per year that compounds over a long holding period. On income, AAPB currently yields 3.16% against 2.24% for VYM.
Holdings Overlap
AAPB and VYM share 0 holdings out of 604 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAPB or VYM?
AAPB has an expense ratio of 1.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $111 per year of difference.
Which performed better, AAPB or VYM?
Over the past year AAPB returned +58.88% vs +23.85% for VYM, so AAPB leads on 1-year performance. Over the longest common window we track (4 years), AAPB annualized +17.20% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, AAPB or VYM?
AAPB has been the more volatile fund at 45.1% annualized versus 14.6% for VYM. Worst drawdown: AAPB -58.1% vs VYM -58.8%.
Should I hold both AAPB and VYM?
AAPB and VYM have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPB and VYM?
AAPB and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, AAPB or VYM?
AAPB yields 3.16% while VYM yields 2.24%, so AAPB currently pays the higher dividend yield.
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