AMZY vs VYM
YieldMax Amazon Option Income Strategy ETF vs Vanguard High Dividend Yield ETF
Which is better, AMZY or VYM?
Option Writing against Large Cap Value.
VYM has a lower expense ratio. AMZY led over 3Y and the full window, VYM over 1Y.
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 | AMZY | VYM |
|---|---|---|
| Expense Ratio | 1.09% | 0.04%Best |
| AUM | $233M | $81.6B |
| Dividend Yield | 49.78% | 2.22% |
| Holdings | 14 | 613 |
| YTD Return | +5.76% | +13.15%Best |
| 1Y Return | +4.86% | +17.82%Best |
| 3Y Return (annualized) | +18.42%Best | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 23.2% | 10.9%Best |
| Max Drawdown | -23.7% | -14.5%Best |
| $10,000 over 3.1 years | $18,280Best | $15,927 |
| Fund Family | YieldMax ETF | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Jul 24, 2023 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 25, 2023 to Sep 10, 2026 (3.1 years).
AMZY 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 3.1 years both funds cover.
AMZY vs VYM Performance
YieldMax Amazon Option Income Strategy ETF (AMZY) is an ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AMZY returned +4.86% while VYM returned +17.82%. Year to date, AMZY is up 5.76% versus a gain of 13.15% for VYM.
Over three years, AMZY compounded at +18.42% per year against +17.99% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZY has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 10.9% 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 -23.7% for AMZY 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 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMZY charges 1.09% per year while VYM charges 0.04%. On a $10,000 position that is $109 vs $4 annually, a gap of $105 per year that compounds over a long holding period. On income, AMZY currently yields 49.78% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 2 holdings in AMZY and 603 in VYM, totalling 31.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, AMZY as of Sep 1, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 2 positions we hold weights for in AMZY and 603 in VYM, against full books of 14 and 613.
You are not choosing between two funds in isolation.
Whichever of AMZY 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, AMZY or VYM?
AMZY has an expense ratio of 1.09% while VYM charges 0.04%. VYM is the cheaper option, by $105 a year on a $10,000 investment.
Which performed better, AMZY or VYM?
Over the past year AMZY returned +4.86% vs +17.82% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMZY or VYM?
AMZY has been the more volatile fund at 23.2% annualized versus 10.9% for VYM. Worst drawdown: AMZY -23.7% vs VYM -14.5%.
Should I hold both AMZY and VYM?
AMZY and VYM have a monthly-return correlation of 0.34, 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, AMZY or VYM?
AMZY yields 49.78% while VYM yields 2.22%, so AMZY currently pays the higher dividend yield.
Is VYM better than AMZY?
VYM has a lower expense ratio. AMZY led over 3Y and the full window, VYM over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.