BKDV vs VYM
BNY Mellon Dynamic Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. BKDV delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | BKDV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.04% | |
| AUM | $1.9B | $81.6B | |
| Dividend Yield | 0.53% | 2.24% | |
| Holdings | 85 | 616 | |
| YTD Return | +18.99% | +14.95% | |
| 1Y Return | +26.96% | +21.14% | |
| 3Y Return (annualized) | - | +18.69% | |
| 5Y Return (annualized) | - | +12.00% | |
| Volatility (annualized) | 12.0% | 14.6% | |
| Max Drawdown | -15.5% | -58.8% | |
| Fund Family | BNY Mellon Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2024 | Nov 10, 2006 |
BKDV vs VYM Performance
BNY Mellon Dynamic Value ETF (BKDV) is a ETF from BNY Mellon Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year BKDV returned +26.96% while VYM returned +21.14%. Year to date, BKDV is up 18.99% versus a gain of 14.95% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.0% for BKDV. 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 -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 0.94. 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 0.53% against 2.24% for VYM.
Holdings Overlap
BKDV and VYM share 52 holdings out of 633 unique holdings combined, representing a 26.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $56 per year of difference.
Which performed better, BKDV or VYM?
Over the past year BKDV returned +26.96% vs +21.14% for VYM, so BKDV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +20.94% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, BKDV or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 12.0% for BKDV. Worst drawdown: BKDV -15.5% vs VYM -58.8%.
Should I hold both BKDV and VYM?
BKDV and VYM have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BKDV and VYM?
BKDV and VYM share 52 common holdings with a 26.8% weight overlap. Combined, they hold 633 unique securities.
Which pays a higher dividend, BKDV or VYM?
BKDV yields 0.53% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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