AFIF vs VYM
Anfield Universal Fixed Income ETF vs Vanguard High Dividend Yield ETF
Which is better, AFIF or VYM?
Diversified Sectoral Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y 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 | AFIF | VYM |
|---|---|---|
| Expense Ratio | 0.85% | 0.04%Best |
| AUM | $302M | $81.6B |
| Dividend Yield | 3.92% | 2.22% |
| Holdings | 326 | 613 |
| YTD Return | +0.84% | +10.96%Best |
| 1Y Return | +2.60% | +15.42%Best |
| 3Y Return (annualized) | +6.10% | +17.78%Best |
| 5Y Return (annualized) | +3.52% | +12.05%Best |
| Volatility (annualized) | 2.8%Best | 15.6% |
| Max Drawdown | -11.3%Best | -35.7% |
| $10,000 over 5 years | $11,888 | $17,663Best |
| Fund Family | Horizon Funds | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Value |
| Inception | Sep 18, 2018 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 18, 2018 to Sep 22, 2026 (8 years).
AFIF 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 8 years both funds cover.
AFIF vs VYM Performance
Anfield Universal Fixed Income ETF (AFIF) is an ETF from Horizon Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AFIF returned +2.60% while VYM returned +15.42%. Year to date, AFIF is up 0.84% versus a gain of 10.96% for VYM.
Over three years, AFIF compounded at +6.10% per year against +17.78% for VYM; over five years the annualized figures are +3.52% and +12.05% respectively. Across the full 8-year window we track, VYM has the edge at +9.75% annualized vs +1.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 2.8% for AFIF. 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 -11.3% for AFIF and -35.7% 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 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AFIF charges 0.85% per year while VYM charges 0.04%. On a $10,000 position that is $85 vs $4 annually, a gap of $81 per year that compounds over a long holding period. On income, AFIF currently yields 3.92% against 2.22% for VYM.
Holdings Overlap
At least 1.3% of VYM's money is in holdings AFIF also owns.
Stated as a floor: for AFIF, our book for it covers 46.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and AFIF share little of their money.
2 positions in common, counted across the 88 positions we hold weights for in AFIF and 557 in VYM, against full books of 326 and 613.
You are not choosing between two funds in isolation.
Whichever of AFIF 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, AFIF or VYM?
AFIF has an expense ratio of 0.85% while VYM charges 0.04%. VYM is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, AFIF or VYM?
Over the past year AFIF returned +2.60% vs +15.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), AFIF annualized +1.89% vs +9.75% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AFIF or VYM?
VYM has been the more volatile fund at 15.6% annualized versus 2.8% for AFIF. Worst drawdown: AFIF -11.3% vs VYM -35.7%.
Should I hold both AFIF and VYM?
AFIF and VYM have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AFIF and VYM?
At least 1.3% of VYM's money is in holdings AFIF also owns. Our book for AFIF is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 88 positions we hold weights for in AFIF and 557 in VYM.
Which pays a higher dividend, AFIF or VYM?
AFIF yields 3.92% while VYM yields 2.22%, so AFIF currently pays the higher dividend yield.
Is VYM better than AFIF?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.