AVRE vs VYM
Avantis Real Estate ETF vs Vanguard High Dividend Yield ETF
Which is better, AVRE or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.1%.
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 | AVRE | VYM |
|---|---|---|
| Expense Ratio | 0.17% | 0.04%Best |
| AUM | $866M | $81.6B |
| Dividend Yield | 3.32% | 2.24% |
| Holdings | 342 | 613 |
| YTD Return | +9.19% | +14.82%Best |
| 1Y Return | +10.17% | +20.84%Best |
| 3Y Return (annualized) | +9.62% | +18.64%Best |
| 5Y Return (annualized) | +2.14% | +12.28%Best |
| Volatility (annualized) | 17.7% | 13.7%Best |
| Max Drawdown | -33.3% | -15.8%Best |
| $10,000 over 5 years | $11,117 | $17,845Best |
| Top 10 Weight | 41.1% | 25.9%Best |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Sep 29, 2021 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Sep 4, 2026 (4.9 years).
AVRE 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 4.9 years both funds cover.
AVRE vs VYM Performance
Avantis Real Estate ETF (AVRE) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVRE returned +10.17% while VYM returned +20.84%. Year to date, AVRE is up 9.19% versus a gain of 14.82% for VYM.
Over three years, AVRE compounded at +9.62% per year against +18.64% for VYM; over five years the annualized figures are +2.14% and +12.28% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVRE has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 13.7% 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 -33.3% for AVRE and -15.8% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVRE charges 0.17% per year while VYM charges 0.04%. On a $10,000 position that is $17 vs $4 annually, a gap of $13 per year that compounds over a long holding period. On income, AVRE currently yields 3.32% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 320 holdings in AVRE and 602 in VYM, totalling 99.7% and 99.5% 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 320 positions we hold weights for in AVRE and 602 in VYM, against full books of 342 and 613.
What only one of them owns
Our book lists 569 positions for VYM that do not appear in our book for AVRE (97.2% of the fund), and 84 for AVRE that do not appear in VYM (69.8%).
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 AVRE 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, AVRE or VYM?
AVRE has an expense ratio of 0.17% while VYM charges 0.04%. VYM is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, AVRE or VYM?
Over the past year AVRE returned +10.17% vs +20.84% 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, AVRE or VYM?
AVRE has been the more volatile fund at 17.7% annualized versus 13.7% for VYM. Worst drawdown: AVRE -33.3% vs VYM -15.8%.
Should I hold both AVRE and VYM?
AVRE and VYM have a monthly-return correlation of 0.80, 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, AVRE or VYM?
AVRE yields 3.32% while VYM yields 2.24%, so AVRE currently pays the higher dividend yield.
Is VYM better than AVRE?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.