BETE vs VYM
ProShares Bitcoin & Ether Equal Weight 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 | BETE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.04% | |
| AUM | $7M | $81.6B | |
| Dividend Yield | 79.50% | 2.24% | |
| Holdings | 3 | 616 | |
| YTD Return | -36.51% | +16.42% | |
| 1Y Return | -54.83% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 59.3% | 14.6% | |
| Max Drawdown | -61.8% | -58.8% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 2, 2023 | Nov 10, 2006 |
BETE vs VYM Performance
ProShares Bitcoin & Ether Equal Weight ETF (BETE) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year BETE returned -54.83% while VYM returned +24.22%. Year to date, BETE is down 36.51% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
BETE has been the more volatile fund, with annualized monthly volatility of 59.3% 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 -61.8% for BETE 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BETE charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, BETE currently yields 79.50% against 2.24% for VYM.
Frequently Asked Questions
Which is cheaper, BETE or VYM?
BETE has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, BETE or VYM?
Over the past year BETE returned -54.83% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), BETE annualized +11.30% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, BETE or VYM?
BETE has been the more volatile fund at 59.3% annualized versus 14.6% for VYM. Worst drawdown: BETE -61.8% vs VYM -58.8%.
Should I hold both BETE and VYM?
BETE and VYM have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BETE or VYM?
BETE yields 79.50% while VYM yields 2.24%, so BETE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.