AVMA vs VYM
Avantis Moderate Allocation ETF vs Vanguard High Dividend Yield ETF
Which is better, AVMA or VYM?
Allocation/Balanced against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 92.2%.
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 | AVMA | VYM |
|---|---|---|
| Expense Ratio | 0.21% | 0.04%Best |
| AUM | $88M | $81.6B |
| Dividend Yield | 1.99% | 2.22% |
| Holdings | 18 | 613 |
| YTD Return | +9.76% | +11.71%Best |
| 1Y Return | +14.01% | +16.24%Best |
| 3Y Return (annualized) | +15.02% | +17.24%Best |
| 5Y Return (annualized) | - | +11.86% |
| Volatility (annualized) | 9.4%Best | 11.0% |
| Max Drawdown | -11.8%Best | -14.5% |
| $10,000 over 3.2 years | $15,303 | $16,459Best |
| Top 10 Weight | 92.2% | 26.1%Best |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Jun 27, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 29, 2023 to Sep 16, 2026 (3.2 years).
AVMA 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 3.2 years both funds cover.
AVMA vs VYM Performance
Avantis Moderate Allocation ETF (AVMA) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVMA returned +14.01% while VYM returned +16.24%. Year to date, AVMA is up 9.76% versus a gain of 11.71% for VYM.
Over three years, AVMA compounded at +15.02% per year against +17.24% 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 11.0% compared with 9.4% for AVMA. 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 -11.8% for AVMA 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVMA charges 0.21% per year while VYM charges 0.04%. On a $10,000 position that is $21 vs $4 annually, a gap of $17 per year that compounds over a long holding period. On income, AVMA currently yields 1.99% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 18 holdings in AVMA and 557 in VYM, totalling 100.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 18 positions we hold weights for in AVMA and 557 in VYM, against full books of 18 and 613.
What only one of them owns
Our book lists 528 positions for VYM that do not appear in our book for AVMA (97.1% of the fund), and 17 for AVMA that do not appear in VYM (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of AVMA 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, AVMA or VYM?
AVMA has an expense ratio of 0.21% while VYM charges 0.04%. VYM is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, AVMA or VYM?
Over the past year AVMA returned +14.01% vs +16.24% 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, AVMA or VYM?
VYM has been the more volatile fund at 11.0% annualized versus 9.4% for AVMA. Worst drawdown: AVMA -11.8% vs VYM -14.5%.
Should I hold both AVMA and VYM?
AVMA and VYM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AVMA or VYM?
AVMA yields 1.99% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than AVMA?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 92.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.