BENJ vs VYM
Horizon Landmark 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 558 holdings.
Side-by-Side Comparison
| Metric | BENJ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $270M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 3 | 568 | |
| YTD Return | +2.16% | +16.16% | |
| 1Y Return | +3.85% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 0.6% | 14.6% | |
| Max Drawdown | -0.4% | -58.8% | |
| Fund Family | Horizon Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 22, 2025 | Nov 10, 2006 |
BENJ vs VYM Performance
Horizon Landmark ETF (BENJ) is a ETF from Horizon Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year BENJ returned +3.85% while VYM returned +26.05%. Year to date, BENJ is up 2.16% versus a gain of 16.16% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 0.6% for BENJ. 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 -0.4% for BENJ 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 -0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BENJ charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, BENJ currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
BENJ and VYM share 0 holdings out of 559 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, BENJ or VYM?
BENJ has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, BENJ or VYM?
Over the past year BENJ returned +3.85% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), BENJ annualized +3.86% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, BENJ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 0.6% for BENJ. Worst drawdown: BENJ -0.4% vs VYM -58.8%.
Should I hold both BENJ and VYM?
BENJ and VYM have a monthly-return correlation of -0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BENJ and VYM?
BENJ and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, BENJ or VYM?
BENJ yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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