AFIX vs VYM
Allspring Broad Market Core Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, AFIX or VYM?
Investment Grade 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 | AFIX | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $199M | $81.6B |
| Dividend Yield | 5.13% | 2.22% |
| Holdings | 575 | 613 |
| YTD Return | -1.21% | +13.08%Best |
| 1Y Return | -0.67% | +17.46%Best |
| 3Y Return (annualized) | - | +17.73% |
| 5Y Return (annualized) | - | +12.22% |
| Volatility (annualized) | 3.6%Best | 9.7% |
| Max Drawdown | -3.4%Best | -14.5% |
| $10,000 over 1.8 years | $10,442 | $12,778Best |
| Fund Family | Allspring Global Investments | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Value |
| Inception | Dec 4, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 5, 2024 to Sep 14, 2026 (1.8 years).
AFIX 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 1.8 years both funds cover.
AFIX vs VYM Performance
Allspring Broad Market Core Bond ETF (AFIX) is an ETF from Allspring Global Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AFIX returned -0.67% while VYM returned +17.46%. Year to date, AFIX is down 1.21% versus a gain of 13.08% 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 9.7% compared with 3.6% for AFIX. 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 -3.4% for AFIX and -14.5% 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 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AFIX charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, AFIX currently yields 5.13% against 2.22% for VYM.
Holdings Overlap
At least 0.3% of VYM's money is in holdings AFIX also owns.
Stated as a floor: for AFIX, our book for it covers 48.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 394 positions we hold weights for in AFIX and 557 in VYM, against full books of 575 and 613.
Top Shared Holdings
| Stock | Weight in AFIX | Weight in VYM | Difference |
|---|---|---|---|
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.08% | 0.34% | 0.26% |
You are not choosing between two funds in isolation.
Whichever of AFIX 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, AFIX or VYM?
AFIX has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, AFIX or VYM?
Over the past year AFIX returned -0.67% vs +17.46% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), AFIX annualized +2.43% vs +14.59% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AFIX or VYM?
VYM has been the more volatile fund at 9.7% annualized versus 3.6% for AFIX. Worst drawdown: AFIX -3.4% vs VYM -14.5%.
Should I hold both AFIX and VYM?
AFIX and VYM have a monthly-return correlation of 0.39, 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, AFIX or VYM?
AFIX yields 5.13% while VYM yields 2.22%, so AFIX currently pays the higher dividend yield.
Is VYM better than AFIX?
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.