AOHY vs VYM
Angel Oak High Yield Opportunities ETF vs Vanguard High Dividend Yield ETF
Which is better, AOHY or VYM?
Investment Grade Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | AOHY | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $119M | $81.6B |
| Dividend Yield | 6.62% | 2.22% |
| Holdings | 188 | 613 |
| YTD Return | +2.85% | +13.15%Best |
| 1Y Return | +4.26% | +17.82%Best |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 3.0%Best | 10.4% |
| Max Drawdown | -4.2%Best | -14.5% |
| $10,000 over 2.6 years | $11,952 | $15,290Best |
| Fund Family | Angel Oak Capital Advisors | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Value |
| Inception | Feb 20, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 20, 2024 to Sep 10, 2026 (2.6 years).
AOHY 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 2.6 years both funds cover.
AOHY vs VYM Performance
Angel Oak High Yield Opportunities ETF (AOHY) is an ETF from Angel Oak Capital Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AOHY returned +4.26% while VYM returned +17.82%. Year to date, AOHY is up 2.85% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.4% compared with 3.0% for AOHY. 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 -4.2% for AOHY 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AOHY charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, AOHY currently yields 6.62% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 114 holdings in AOHY and 603 in VYM, totalling 72.1% 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 48 days apart, AOHY as of Aug 17, 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 114 positions we hold weights for in AOHY and 603 in VYM, against full books of 188 and 613.
You are not choosing between two funds in isolation.
Whichever of AOHY 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, AOHY or VYM?
AOHY has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, AOHY or VYM?
Over the past year AOHY returned +4.26% 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, AOHY or VYM?
VYM has been the more volatile fund at 10.4% annualized versus 3.0% for AOHY. Worst drawdown: AOHY -4.2% vs VYM -14.5%.
Should I hold both AOHY and VYM?
AOHY and VYM have a monthly-return correlation of 0.84, 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, AOHY or VYM?
AOHY yields 6.62% while VYM yields 2.22%, so AOHY currently pays the higher dividend yield.
Is VYM better than AOHY?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.