ACVT vs VYM
Advent Convertible Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, ACVT or VYM?
High Yield Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | ACVT | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $45M | $81.6B |
| Dividend Yield | 1.49% | 2.22% |
| Holdings | 62 | 613 |
| YTD Return | +7.59% | +10.96%Best |
| 1Y Return | +7.45% | +15.42%Best |
| 3Y Return (annualized) | - | +17.78% |
| 5Y Return (annualized) | - | +12.05% |
| Volatility (annualized) | 5.5%Best | 9.4% |
| Max Drawdown | -4.8%Best | -6.7% |
| $10,000 over 1.4 years | $11,654 | $13,172Best |
| Fund Family | Advent Capital Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Apr 30, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 30, 2025 to Sep 22, 2026 (1.4 years).
ACVT vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.4 years both funds cover.
ACVT vs VYM Performance
Advent Convertible Bond ETF (ACVT) is an ETF from Advent Capital Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ACVT returned +7.45% while VYM returned +15.42%. Year to date, ACVT is up 7.59% versus a gain of 10.96% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 9.4% compared with 5.5% for ACVT. 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 -4.8% for ACVT and -6.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ACVT charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, ACVT currently yields 1.49% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 34 holdings in ACVT and 557 in VYM, totalling 66.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 34 positions we hold weights for in ACVT and 557 in VYM, against full books of 62 and 613.
You are not choosing between two funds in isolation.
Whichever of ACVT and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACVT or VYM?
ACVT has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, ACVT or VYM?
Over the past year ACVT returned +7.45% vs +15.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), ACVT annualized +11.55% vs +21.75% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVT or VYM?
VYM has been the more volatile fund at 9.4% annualized versus 5.5% for ACVT. Worst drawdown: ACVT -4.8% vs VYM -6.7%.
Should I hold both ACVT and VYM?
ACVT and VYM have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ACVT or VYM?
ACVT yields 1.49% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than ACVT?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.