AMZD vs VYM
Direxion Daily AMZN Bear 1X ETF 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 558 holdings.
Side-by-Side Comparison
| Metric | AMZD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.04% | |
| AUM | $12M | $79.0B | |
| Dividend Yield | 3.26% | 2.86% | |
| Holdings | 6 | 568 | |
| YTD Return | -19.16% | +16.53% | |
| 1Y Return | -21.65% | +25.03% | |
| 3Y Return (annualized) | -21.95% | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 28.9% | 14.6% | |
| Max Drawdown | -74.8% | -58.8% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 7, 2022 | Nov 10, 2006 |
AMZD vs VYM Performance
Direxion Daily AMZN Bear 1X ETF (AMZD) is a ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AMZD returned -21.65% while VYM returned +25.03%. Year to date, AMZD is down 19.16% versus a gain of 16.53% for VYM.
Over three years, AMZD compounded at -21.95% per year against +18.54% for VYM. Across the full 4-year window we track, VYM has the edge at +7.10% annualized vs -20.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZD has been the more volatile fund, with annualized monthly volatility of 28.9% 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 -74.8% for AMZD 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 -0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZD charges 1.02% per year while VYM charges 0.04%. On a $10,000 position that is $102 vs $4 annually, a gap of $98 per year that compounds over a long holding period. On income, AMZD currently yields 3.26% against 2.86% for VYM.
Holdings Overlap
AMZD and VYM share 0 holdings out of 561 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AMZD or VYM?
AMZD has an expense ratio of 1.02% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, AMZD or VYM?
Over the past year AMZD returned -21.65% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), AMZD annualized -20.80% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, AMZD or VYM?
AMZD has been the more volatile fund at 28.9% annualized versus 14.6% for VYM. Worst drawdown: AMZD -74.8% vs VYM -58.8%.
Should I hold both AMZD and VYM?
AMZD and VYM have a monthly-return correlation of -0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMZD and VYM?
AMZD and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 561 unique securities.
Which pays a higher dividend, AMZD or VYM?
AMZD yields 3.26% while VYM yields 2.86%, so AMZD currently pays the higher dividend yield.
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