ANEW vs VYM
MSCI Transformational Changes ETF vs Vanguard High Dividend Yield ETF
Which is better, ANEW or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. ANEW is less concentrated, with 22.3% of the fund in its ten largest positions against 25.9%.
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 | ANEW | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $8M | $81.6B |
| Dividend Yield | 0.50% | 2.24% |
| Holdings | 148 | 613 |
| YTD Return | +7.12% | +14.33%Best |
| 1Y Return | +5.15% | +20.01%Best |
| 3Y Return (annualized) | +15.07% | +18.43%Best |
| 5Y Return (annualized) | +3.02% | +12.16%Best |
| Volatility (annualized) | 16.8% | 13.9%Best |
| Max Drawdown | -39.9% | -15.8%Best |
| $10,000 over 5 years | $11,604 | $17,750Best |
| Top 10 Weight | 22.3%Best | 25.9% |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Oct 14, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 16, 2020 to Sep 8, 2026 (5.9 years).
ANEW 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 5.9 years both funds cover.
ANEW vs VYM Performance
MSCI Transformational Changes ETF (ANEW) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ANEW returned +5.15% while VYM returned +20.01%. Year to date, ANEW is up 7.12% versus a gain of 14.33% for VYM.
Over three years, ANEW compounded at +15.07% per year against +18.43% for VYM; over five years the annualized figures are +3.02% and +12.16% respectively. Across the full 6-year window we track, VYM has the edge at +15.02% annualized vs +5.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ANEW has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.9% 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 -39.9% for ANEW 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ANEW charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, ANEW currently yields 0.50% against 2.24% for VYM.
Holdings Overlap
20.7% of ANEW's money is in holdings VYM also owns. 16.0% of VYM's money is in holdings ANEW also owns.
ANEW and VYM share little of their money.
24 positions in common, counted across the 146 positions we hold weights for in ANEW and 602 in VYM, against full books of 148 and 613.
What only one of them owns
Our book lists 546 positions for VYM that do not appear in our book for ANEW (81.3% of the fund), and 88 for ANEW that do not appear in VYM (53.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ANEW | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.91% | 7.29% | 5.38% |
| ABBVAbbvie Inc. | 2.16% | 1.85% | 0.31% |
| ABTAbbott Laboratories | 2.23% | 0.65% | 1.58% |
| CSCOCisco Systems Inc | 0.47% | 1.93% | 1.46% |
| IFFIntl Flavors & Fragrances | 2.29% | 0.08% | 2.21% |
| MKCMccormick & Co-Non Vtg Shrs | 2.08% | 0.05% | 2.03% |
| BDXBecton, Dickinson And Company | 1.77% | 0.18% | 1.59% |
| EBAYEbay Inc | 1.49% | 0.21% | 1.28% |
| IBMIntl Business Machines Corp | 0.25% | 1.10% | 0.85% |
| ORCLOracle Corp. | 0.27% | 1.04% | 0.77% |
20.7% of ANEW 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ANEW or VYM?
ANEW has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, ANEW or VYM?
Over the past year ANEW returned +5.15% vs +20.01% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), ANEW annualized +5.81% vs +15.02% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ANEW or VYM?
ANEW has been the more volatile fund at 16.8% annualized versus 13.9% for VYM. Worst drawdown: ANEW -39.9% vs VYM -15.8%.
Should I hold both ANEW and VYM?
ANEW and VYM have a monthly-return correlation of 0.70, 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 ANEW and VYM?
20.7% of ANEW's money is in holdings VYM also owns. 16.0% of VYM's is in holdings ANEW also owns. They hold 24 positions in common, counted across the 146 positions we hold weights for in ANEW and 602 in VYM.
Which pays a higher dividend, ANEW or VYM?
ANEW yields 0.50% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than ANEW?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. ANEW is less concentrated, with 22.3% 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.