AIVL vs VYM
WisdomTree US AI Enhanced Value Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | AIVL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.04% | |
| AUM | $435M | $81.6B | |
| Dividend Yield | 1.46% | 2.24% | |
| Holdings | 101 | 616 | |
| YTD Return | +17.35% | +14.66% | |
| 1Y Return | +19.73% | +22.16% | |
| 3Y Return (annualized) | +15.08% | +18.72% | |
| 5Y Return (annualized) | +8.78% | +12.18% | |
| Volatility (annualized) | 15.8% | 14.6% | |
| Max Drawdown | -65.1% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | Nov 10, 2006 |
AIVL vs VYM Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AIVL returned +19.73% while VYM returned +22.16%. Year to date, AIVL is up 17.35% versus a gain of 14.66% for VYM.
Over three years, AIVL compounded at +15.08% per year against +18.72% for VYM; over five years the annualized figures are +8.78% and +12.18% respectively. Across the full 20-year window we track, VYM has the edge at +7.01% annualized vs +5.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -65.1% for AIVL 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIVL charges 0.38% per year while VYM charges 0.04%. On a $10,000 position that is $38 vs $4 annually, a gap of $34 per year that compounds over a long holding period. On income, AIVL currently yields 1.46% against 2.24% for VYM.
Holdings Overlap
AIVL and VYM share 51 holdings out of 658 unique holdings combined, representing a 10.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIVL or VYM?
AIVL has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, AIVL or VYM?
Over the past year AIVL returned +19.73% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.59% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, AIVL or VYM?
AIVL has been the more volatile fund at 15.8% annualized versus 14.6% for VYM. Worst drawdown: AIVL -65.1% vs VYM -58.8%.
Should I hold both AIVL and VYM?
AIVL and VYM have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between AIVL and VYM?
AIVL and VYM share 51 common holdings with a 10.2% weight overlap. Combined, they hold 658 unique securities.
Which pays a higher dividend, AIVL or VYM?
AIVL yields 1.46% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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