AAUM vs VYM
Tema Alternative Asset Managers ETF vs Vanguard High Dividend Yield ETF
Which is better, AAUM or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 53.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAUM | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $1M | $83.1B |
| Dividend Yield | 0.95% | 2.22% |
| Holdings | 30 | 608 |
| Top 10 Weight | 53.3% | 26.1%Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Oct 1, 2025 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 91 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AAUM has data through Jul 2, 2026 and VYM through Oct 1, 2026.
Fees and Cost Over Time
AAUM charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, AAUM currently yields 0.95% against 2.22% for VYM.
Holdings Overlap
47.2% of AAUM's money is in holdings VYM also owns. 1.5% of VYM's money is in holdings AAUM also owns.
The two portfolios partly overlap.
The two holdings books were reported 92 days apart, AAUM as of Apr 30, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
10 positions in common, counted across the 29 positions we hold weights for in AAUM and 557 in VYM, against full books of 30 and 608.
What only one of them owns
Our book lists 518 positions for VYM that do not appear in our book for AAUM (95.5% of the fund), and 3 for AAUM that do not appear in VYM (9.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AAUM | Weight in VYM | Difference |
|---|---|---|---|
| APOAthene (Ath) / Apollo Global Management (Apo) | 5.86% | 0.21% | 5.65% |
| STEPStepstone Group Lp | 6.01% | 0.01% | 6.00% |
| BXBlackstone Group Inc. Class A | 5.05% | 0.39% | 4.66% |
| ARESAres Management Corp A | 5.09% | 0.10% | 4.99% |
| CGCarlyle Group Inc. | 4.95% | 0.05% | 4.90% |
| TPGTpg Inc | 4.87% | 0.03% | 4.84% |
| HLNEHamilton Lane Inc | 4.85% | 0.01% | 4.84% |
| OWLBlue Owl Capital | 4.12% | 0.03% | 4.09% |
| BLKBlackrock Funding Inc/De | 3.22% | 0.68% | 2.54% |
| CNSCohen & Steers Capital Management, Inc. | 3.18% | 0.01% | 3.17% |
47.2% of AAUM is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAUM or VYM?
AAUM has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
What is the holdings overlap between AAUM and VYM?
47.2% of AAUM's money is in holdings VYM also owns. 1.5% of VYM's is in holdings AAUM also owns. They hold 10 positions in common, counted across the 29 positions we hold weights for in AAUM and 557 in VYM.
Which pays a higher dividend, AAUM or VYM?
AAUM yields 0.95% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than AAUM?
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 53.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.