BKDV vs VYM

BKDV vs VYM

Which is better, BKDV or VYM?

BKDV has been ahead.

VYM has a lower expense ratio. BKDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.5%.

Lower Fees: VYMHigher Returns: BKDVLess Concentrated: VYM

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

MetricBKDVVYM
Expense Ratio0.60%0.04%Best
AUM$2.0B$81.6B
Dividend Yield0.52%2.22%
Holdings84613
YTD Return+16.05%Best+11.71%
1Y Return+24.82%Best+16.24%
3Y Return (annualized)-+17.24%
5Y Return (annualized)-+11.86%
Volatility (annualized)11.9%10.6%Best
Max Drawdown-15.5%-14.5%Best
$10,000 over 1.9 years$13,841Best$13,206
Top 10 Weight32.5%26.1%Best
Fund FamilyBNY Mellon Investment ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionNov 1, 2024Nov 10, 2006

Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Sep 16, 2026 (1.9 years).

BKDV 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 1.9 years both funds cover.

BKDV vs VYM Performance

BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BKDV returned +24.82% while VYM returned +16.24%. Year to date, BKDV is up 16.05% versus a gain of 11.71% for VYM.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BKDV has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 10.6% 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 -15.5% for BKDV and -14.5% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

BKDV charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, BKDV currently yields 0.52% against 2.22% for VYM.

Holdings Overlap

BKDV already in VYM60.6%
VYM already in BKDV31.6%

60.6% of BKDV's money is in holdings VYM also owns. 31.6% of VYM's money is in holdings BKDV also owns.

The two portfolios partly overlap.

49 positions in common, counted across the 80 positions we hold weights for in BKDV and 557 in VYM, against full books of 84 and 613.

What only one of them owns

Our book lists 480 positions for VYM that do not appear in our book for BKDV (65.7% of the fund), and 30 for BKDV that do not appear in VYM (38.8%).

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.

Top Shared Holdings

StockWeight in BKDVWeight in VYMDifference
JPMJpmorgan Chase4.02%3.82%0.20%
JNJJohnson & Johnson - Common2.73%2.51%0.22%
UNHUnitedhealth Group Incorporated2.73%1.52%1.21%
CSCOCisco Systems Inc. - Ordinary Shares2.18%1.86%0.32%
SLBSchlumberger Nv.2.91%0.30%2.61%
KOCoca Cola Co.1.76%1.38%0.38%
PMPhilip Morris International Inc.1.72%1.21%0.51%
ABBVAbbvie Inc.1.12%1.80%0.68%
TXNTexas Instrument Inc1.52%1.02%0.50%
BACBank of America Corp.: Financials0.76%1.66%0.90%

60.6% of BKDV is already inside VYM.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BKDVVYM

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Frequently Asked Questions

Which is cheaper, BKDV or VYM?

BKDV has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.

Which performed better, BKDV or VYM?

Over the past year BKDV returned +24.82% vs +16.24% for VYM, so BKDV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.66% vs +15.76% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BKDV or VYM?

BKDV has been the more volatile fund at 11.9% annualized versus 10.6% for VYM. Worst drawdown: BKDV -15.5% vs VYM -14.5%.

Should I hold both BKDV and VYM?

BKDV and VYM have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between BKDV and VYM?

60.6% of BKDV's money is in holdings VYM also owns. 31.6% of VYM's is in holdings BKDV also owns. They hold 49 positions in common, counted across the 80 positions we hold weights for in BKDV and 557 in VYM.

Which pays a higher dividend, BKDV or VYM?

BKDV yields 0.52% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than BKDV?

VYM has a lower expense ratio. BKDV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.