AVGE vs VYM
Avantis All Equity Markets ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. AVGE delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | AVGE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.04% | |
| AUM | $1.1B | $79.0B | |
| Dividend Yield | 1.41% | 2.86% | |
| Holdings | 16 | 568 | |
| YTD Return | +17.62% | +16.16% | |
| 1Y Return | +30.01% | +26.05% | |
| 3Y Return (annualized) | +20.55% | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 13.7% | 14.6% | |
| Max Drawdown | -17.1% | -58.8% | |
| Fund Family | Avantis Investors | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2022 | Nov 10, 2006 |
AVGE vs VYM Performance
Avantis All Equity Markets ETF (AVGE) is a ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AVGE returned +30.01% while VYM returned +26.05%. Year to date, AVGE is up 17.62% versus a gain of 16.16% for VYM.
Over three years, AVGE compounded at +20.55% per year against +18.43% for VYM. Across the full 4-year window we track, AVGE has the edge at +22.13% annualized vs +7.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.7% for AVGE. 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 -17.1% for AVGE 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVGE charges 0.23% per year while VYM charges 0.04%. On a $10,000 position that is $23 vs $4 annually, a gap of $19 per year that compounds over a long holding period. On income, AVGE currently yields 1.41% against 2.86% for VYM.
Holdings Overlap
AVGE and VYM share 0 holdings out of 573 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, AVGE or VYM?
AVGE has an expense ratio of 0.23% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, AVGE or VYM?
Over the past year AVGE returned +30.01% vs +26.05% for VYM, so AVGE leads on 1-year performance. Over the longest common window we track (4 years), AVGE annualized +22.13% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, AVGE or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.7% for AVGE. Worst drawdown: AVGE -17.1% vs VYM -58.8%.
Should I hold both AVGE and VYM?
AVGE and VYM have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between AVGE and VYM?
AVGE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 573 unique securities.
Which pays a higher dividend, AVGE or VYM?
AVGE yields 1.41% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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