AVIE vs VYM
Avantis Inflation Focused Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, AVIE or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. AVIE led over 1Y, VYM over 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.9%.
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 | AVIE | VYM |
|---|---|---|
| Expense Ratio | 0.25% | 0.04%Best |
| AUM | $13M | $81.6B |
| Dividend Yield | 1.34% | 2.22% |
| Holdings | 367 | 613 |
| YTD Return | +21.64%Best | +11.71% |
| 1Y Return | +29.93%Best | +16.24% |
| 3Y Return (annualized) | +13.10% | +17.24%Best |
| 5Y Return (annualized) | - | +11.86% |
| Volatility (annualized) | 13.6% | 12.8%Best |
| Max Drawdown | -12.4%Best | -14.5% |
| $10,000 over 4 years | $17,375 | $18,592Best |
| Top 10 Weight | 30.9% | 26.1%Best |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Sep 27, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 16, 2026 (4 years).
AVIE 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 4 years both funds cover.
AVIE vs VYM Performance
Avantis Inflation Focused Equity ETF (AVIE) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVIE returned +29.93% while VYM returned +16.24%. Year to date, AVIE is up 21.64% versus a gain of 11.71% for VYM.
Over three years, AVIE compounded at +13.10% per year against +17.24% for VYM. Across the full 4-year window we track, VYM has the edge at +16.77% annualized vs +14.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIE has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.8% 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 -12.4% for AVIE 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVIE charges 0.25% per year while VYM charges 0.04%. On a $10,000 position that is $25 vs $4 annually, a gap of $21 per year that compounds over a long holding period. On income, AVIE currently yields 1.34% against 2.22% for VYM.
Holdings Overlap
65.0% of AVIE's money is in holdings VYM also owns. 30.8% of VYM's money is in holdings AVIE also owns.
The two portfolios partly overlap.
126 positions in common, counted across the 361 positions we hold weights for in AVIE and 557 in VYM, against full books of 367 and 613.
What only one of them owns
Our book lists 407 positions for VYM that do not appear in our book for AVIE (66.3% of the fund), and 200 for AVIE that do not appear in VYM (31.1%).
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 AVIE | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 4.83% | 2.63% | 2.20% |
| JNJJohnson & Johnson - Common | 2.36% | 2.51% | 0.15% |
| PGProcter & Gamble Company | 3.38% | 1.37% | 2.01% |
| CVXChevron Corp | 2.94% | 1.48% | 1.46% |
| UNHUnitedhealth Group Incorporated | 2.58% | 1.52% | 1.06% |
| ABBVAbbvie Inc. | 1.85% | 1.80% | 0.05% |
| KOCoca Cola Co. | 2.22% | 1.38% | 0.84% |
| PMPhilip Morris International Inc. | 2.26% | 1.21% | 1.05% |
| MRKMerck & Company Inc | 1.81% | 1.31% | 0.50% |
| PEPPepsico Inc. | 1.68% | 0.77% | 0.91% |
65.0% of AVIE 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.
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Frequently Asked Questions
Which is cheaper, AVIE or VYM?
AVIE has an expense ratio of 0.25% while VYM charges 0.04%. VYM is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, AVIE or VYM?
Over the past year AVIE returned +29.93% vs +16.24% for VYM, so AVIE leads on 1-year performance. Over the longest common window we track (4 years), AVIE annualized +14.81% vs +16.77% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIE or VYM?
AVIE has been the more volatile fund at 13.6% annualized versus 12.8% for VYM. Worst drawdown: AVIE -12.4% vs VYM -14.5%.
Should I hold both AVIE and VYM?
AVIE and VYM have a monthly-return correlation of 0.85, 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 AVIE and VYM?
65.0% of AVIE's money is in holdings VYM also owns. 30.8% of VYM's is in holdings AVIE also owns. They hold 126 positions in common, counted across the 361 positions we hold weights for in AVIE and 557 in VYM.
Which pays a higher dividend, AVIE or VYM?
AVIE yields 1.34% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than AVIE?
VYM has a lower expense ratio. AVIE led over 1Y, VYM over 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.