AVIG vs VYM
Avantis Core Fixed Income ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. AVIG offers more diversification with 866 holdings.
Side-by-Side Comparison
| Metric | AVIG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.04% | |
| AUM | $2.0B | $81.6B | |
| Dividend Yield | 4.40% | 2.24% | |
| Holdings | 866 | 613 | |
| YTD Return | -0.42% | +14.57% | |
| 1Y Return | +1.86% | +21.08% | |
| 3Y Return (annualized) | +4.62% | +18.16% | |
| 5Y Return (annualized) | -0.28% | +12.00% | |
| Volatility (annualized) | 6.5% | 14.6% | |
| Max Drawdown | -19.7% | -58.8% | |
| Fund Family | Avantis Investors | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 13, 2020 | Nov 10, 2006 |
AVIG vs VYM Performance
Avantis Core Fixed Income ETF (AVIG) is a ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AVIG returned +1.86% while VYM returned +21.08%. Year to date, AVIG is down 0.42% versus a gain of 14.57% for VYM.
Over three years, AVIG compounded at +4.62% per year against +18.16% for VYM; over five years the annualized figures are -0.28% and +12.00% respectively. Across the full 6-year window we track, VYM has the edge at +6.99% annualized vs -0.26%. 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 6.5% for AVIG. 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 -19.7% for AVIG 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVIG charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, AVIG currently yields 4.40% against 2.24% for VYM.
Holdings Overlap
AVIG and VYM share 2 holdings out of 1360 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in VYM | Difference |
|---|---|---|---|
| DIS 6.55 03/15/33 | 0.19% | 0.71% | 0.52% |
| MMC 4.75 03/15/39 | 0.22% | 0.33% | 0.11% |
Frequently Asked Questions
Which is cheaper, AVIG or VYM?
AVIG has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, AVIG or VYM?
Over the past year AVIG returned +1.86% vs +21.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.26% vs +6.99% for VYM. Past performance does not guarantee future results.
Which is riskier, AVIG or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 6.5% for AVIG. Worst drawdown: AVIG -19.7% vs VYM -58.8%.
Should I hold both AVIG and VYM?
AVIG and VYM have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVIG and VYM?
AVIG and VYM share 2 common holdings with a 0.4% weight overlap. Combined, they hold 1360 unique securities.
Which pays a higher dividend, AVIG or VYM?
AVIG yields 4.40% while VYM yields 2.24%, so AVIG currently pays the higher dividend yield.
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