ALTL vs VYM

ALTL vs VYM

Which is better, ALTL or VYM?

VYM has been ahead.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. ALTL is less concentrated, with 12.5% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: ALTL

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

MetricALTLVYM
Expense Ratio0.60%0.04%Best
AUM$91M$81.6B
Dividend Yield0.95%2.24%
Holdings102613
YTD Return+8.12%+14.82%Best
1Y Return+15.16%+20.84%Best
3Y Return (annualized)+8.73%+18.64%Best
5Y Return (annualized)+2.53%+12.28%Best
Volatility (annualized)19.9%13.7%Best
Max Drawdown-31.9%-15.8%Best
$10,000 over 5 years$11,331$17,845Best
Top 10 Weight12.5%Best25.9%
Fund FamilyPacer ETFsVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionJun 24, 2020Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2020 to Sep 4, 2026 (6.2 years).

ALTL 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 6.2 years both funds cover.

ALTL vs VYM Performance

Pacer Lunt Large Cap Alternator ETF (ALTL) is an ETF from Pacer ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ALTL returned +15.16% while VYM returned +20.84%. Year to date, ALTL is up 8.12% versus a gain of 14.82% for VYM.

Over three years, ALTL compounded at +8.73% per year against +18.64% for VYM; over five years the annualized figures are +2.53% and +12.28% respectively. Across the full 6-year window we track, VYM has the edge at +15.63% annualized vs +12.24%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ALTL has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.7% 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 -31.9% for ALTL and -15.8% 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 0.75. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ALTL charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, ALTL currently yields 0.95% against 2.24% for VYM.

Holdings Overlap

ALTL already in VYM58.9%
VYM already in ALTL26.7%

58.9% of ALTL's money is in holdings VYM also owns. 26.7% of VYM's money is in holdings ALTL also owns.

The two portfolios partly overlap.

58 positions in common, counted across the 101 positions we hold weights for in ALTL and 603 in VYM, against full books of 102 and 613.

What only one of them owns

Measured across the 101 and 603 positions we hold weights for.

VYM holds 512 positions ALTL does not, 70.8% of the fund.

Largest: AVGO 7.29%, XOM 2.36%, CAT 2.01%, CSCO 1.93%, ABBV 1.85%

Top Shared Holdings

StockWeight in ALTLWeight in VYMDifference
JPMJpmorgan Chase0.99%3.38%2.39%
JNJJohnson & Johnson - Common1.24%2.54%1.30%
BACBank of America Corp.: Financials1.01%1.56%0.55%
KOCoca Cola Co.1.23%1.31%0.08%
PGProcter & Gamble Company1.05%1.42%0.37%
CVXChevron Corp0.88%1.28%0.40%
LINLinde Plc Ordinary Shares1.08%0.99%0.09%
MCDMcdonald'S Corp1.07%0.80%0.27%
CBChubb Ltd Common Stock Usd 24.151.13%0.50%0.63%
DUKDuke Energy Corp1.20%0.41%0.79%

58.9% of ALTL 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.

ALTLVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, ALTL or VYM?

ALTL has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.

Which performed better, ALTL or VYM?

Over the past year ALTL returned +15.16% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), ALTL annualized +12.24% vs +15.63% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ALTL or VYM?

ALTL has been the more volatile fund at 19.9% annualized versus 13.7% for VYM. Worst drawdown: ALTL -31.9% vs VYM -15.8%.

Should I hold both ALTL and VYM?

ALTL and VYM have a monthly-return correlation of 0.75, 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 ALTL and VYM?

58.9% of ALTL's money is in holdings VYM also owns. 26.7% of VYM's is in holdings ALTL also owns. They hold 58 positions in common, counted across the 101 positions we hold weights for in ALTL and 603 in VYM.

Which pays a higher dividend, ALTL or VYM?

ALTL yields 0.95% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

Is VYM better than ALTL?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. ALTL is less concentrated, with 12.5% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.