AVS vs VYM
Direxion Daily AVGO Bear 1X ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | AVS | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.03% | 0.04% | |
| AUM | $8M | $81.6B | |
| Dividend Yield | 3.58% | 2.24% | |
| Holdings | 8 | 616 | |
| YTD Return | -17.15% | +15.75% | |
| 1Y Return | -32.19% | +23.85% | |
| 3Y Return (annualized) | - | +19.14% | |
| 5Y Return (annualized) | - | +12.45% | |
| Volatility (annualized) | 46.7% | 14.6% | |
| Max Drawdown | -76.6% | -58.8% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 10, 2024 | Nov 10, 2006 |
AVS vs VYM Performance
Direxion Daily AVGO Bear 1X ETF (AVS) is a ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AVS returned -32.19% while VYM returned +23.85%. Year to date, AVS is down 17.15% versus a gain of 15.75% for VYM.
Risk: Volatility and Drawdowns
AVS has been the more volatile fund, with annualized monthly volatility of 46.7% compared with 14.6% 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 -76.6% for AVS 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 0.00. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVS charges 1.03% per year while VYM charges 0.04%. On a $10,000 position that is $103 vs $4 annually, a gap of $99 per year that compounds over a long holding period. On income, AVS currently yields 3.58% against 2.24% for VYM.
Holdings Overlap
AVS and VYM share 0 holdings out of 607 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, AVS or VYM?
AVS has an expense ratio of 1.03% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $99 per year of difference.
Which performed better, AVS or VYM?
Over the past year AVS returned -32.19% vs +23.85% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), AVS annualized -45.23% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, AVS or VYM?
AVS has been the more volatile fund at 46.7% annualized versus 14.6% for VYM. Worst drawdown: AVS -76.6% vs VYM -58.8%.
Should I hold both AVS and VYM?
AVS and VYM have a monthly-return correlation of 0.00, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVS and VYM?
AVS and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 607 unique securities.
Which pays a higher dividend, AVS or VYM?
AVS yields 3.58% while VYM yields 2.24%, so AVS currently pays the higher dividend yield.
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