BNDY vs VYM
Horizon Core Bond 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 | BNDY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.66% | 0.04% | |
| AUM | $249M | $79.0B | |
| Dividend Yield | 5.65% | 2.86% | |
| Holdings | 4 | 568 | |
| YTD Return | -3.98% | +16.16% | |
| 1Y Return | -1.56% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 4.6% | 14.6% | |
| Max Drawdown | -6.3% | -58.8% | |
| Fund Family | Horizon Funds | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 2, 2025 | Nov 10, 2006 |
BNDY vs VYM Performance
Horizon Core Bond ETF (BNDY) is a ETF from Horizon Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year BNDY returned -1.56% while VYM returned +26.05%. Year to date, BNDY is down 3.98% 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 4.6% for BNDY. 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 -6.3% for BNDY 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BNDY charges 0.66% per year while VYM charges 0.04%. On a $10,000 position that is $66 vs $4 annually, a gap of $62 per year that compounds over a long holding period. On income, BNDY currently yields 5.65% against 2.86% for VYM.
Holdings Overlap
BNDY and VYM share 0 holdings out of 560 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, BNDY or VYM?
BNDY has an expense ratio of 0.66% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, BNDY or VYM?
Over the past year BNDY returned -1.56% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), BNDY annualized -0.41% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, BNDY or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 4.6% for BNDY. Worst drawdown: BNDY -6.3% vs VYM -58.8%.
Should I hold both BNDY and VYM?
BNDY and VYM have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BNDY and VYM?
BNDY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.
Which pays a higher dividend, BNDY or VYM?
BNDY yields 5.65% while VYM yields 2.86%, so BNDY 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.