AVSE vs VYM
Avantis Responsible Emerging Markets Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, AVSE or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. AVSE led over 1Y, 3Y and the full window.
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 | AVSE | VYM |
|---|---|---|
| Expense Ratio | 0.33% | 0.04%Best |
| AUM | $222M | $81.6B |
| Dividend Yield | 2.16% | 2.24% |
| Holdings | 2,438 | 613 |
| YTD Return | +22.97%Best | +14.82% |
| 1Y Return | +37.88%Best | +20.84% |
| 3Y Return (annualized) | +24.30%Best | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 18.2% | 13.9%Best |
| Max Drawdown | -26.3% | -15.8%Best |
| $10,000 over 4.4 years | $17,978Best | $16,272 |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Mar 28, 2022 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Mar 30, 2022 to Sep 4, 2026 (4.4 years).
AVSE 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 4.4 years both funds cover.
AVSE vs VYM Performance
Avantis Responsible Emerging Markets Equity ETF (AVSE) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVSE returned +37.88% while VYM returned +20.84%. Year to date, AVSE is up 22.97% versus a gain of 14.82% for VYM.
Over three years, AVSE compounded at +24.30% per year against +18.64% for VYM. Across the full 4-year window we track, AVSE has the edge at +14.26% annualized vs +11.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVSE has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 13.9% 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 -26.3% for AVSE 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVSE charges 0.33% per year while VYM charges 0.04%. On a $10,000 position that is $33 vs $4 annually, a gap of $29 per year that compounds over a long holding period. On income, AVSE currently yields 2.16% against 2.24% for VYM.
Holdings Overlap
At least 1.9% of VYM's money is in holdings AVSE also owns.
Stated as a floor: for AVSE, our book for it covers 93.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and AVSE share little of their money.
7 positions in common, counted across the 1,526 positions we hold weights for in AVSE and 603 in VYM, against full books of 2,438 and 613.
Top Shared Holdings
| Stock | Weight in AVSE | Weight in VYM | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Incorporated | 0.00% | 1.56% | 1.56% |
| BAPCredicorp Ltd - Common | 0.25% | 0.11% | 0.14% |
| HALHalliburton Co. | 0.10% | 0.12% | 0.02% |
| SCCOSouthern Copper Corp | 0.12% | 0.07% | 0.05% |
| XPXp Inc. Class A Common Stock | 0.14% | 0.03% | 0.11% |
| PAGSPagseguro Digital Ltd. Class A Common Shares | 0.06% | 0.01% | 0.05% |
| IFS:PAIntercorp Financial Services Inc. Common Shares | 0.00% | 0.01% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of AVSE 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, AVSE or VYM?
AVSE has an expense ratio of 0.33% while VYM charges 0.04%. VYM is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, AVSE or VYM?
Over the past year AVSE returned +37.88% vs +20.84% for VYM, so AVSE leads on 1-year performance. Over the longest common window we track (4 years), AVSE annualized +14.26% vs +11.70% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVSE or VYM?
AVSE has been the more volatile fund at 18.2% annualized versus 13.9% for VYM. Worst drawdown: AVSE -26.3% vs VYM -15.8%.
Should I hold both AVSE and VYM?
AVSE and VYM have a monthly-return correlation of 0.59, 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 AVSE and VYM?
At least 1.9% of VYM's money is in holdings AVSE also owns. Our book for AVSE is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 1,526 positions we hold weights for in AVSE and 603 in VYM.
Which pays a higher dividend, AVSE or VYM?
AVSE yields 2.16% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than AVSE?
VYM has a lower expense ratio. AVSE led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.