BPAY vs VYM
iShares FinTech Active ETF vs Vanguard High Dividend Yield ETF
Which is better, BPAY or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 43.5%.
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
| Metric | BPAY | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $10M | $81.6B |
| Dividend Yield | 6.70% | 2.22% |
| Holdings | 42 | 613 |
| YTD Return | -4.63% | +11.35%Best |
| 1Y Return | -17.53% | +15.34%Best |
| 3Y Return (annualized) | +10.24% | +17.22%Best |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 24.3% | 13.5%Best |
| Max Drawdown | -33.6% | -14.5%Best |
| $10,000 over 4.1 years | $11,556 | $16,237Best |
| Top 10 Weight | 43.5% | 26.1%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 16, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 18, 2022 to Sep 18, 2026 (4.1 years).
BPAY 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 4.1 years both funds cover.
BPAY vs VYM Performance
iShares FinTech Active ETF (BPAY) is an ETF from BlackRock, Inc. (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BPAY returned -17.53% while VYM returned +15.34%. Year to date, BPAY is down 4.63% versus a gain of 11.35% for VYM.
Over three years, BPAY compounded at +10.24% per year against +17.22% for VYM. Across the full 4-year window we track, VYM has the edge at +12.55% annualized vs +3.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BPAY has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 13.5% 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 -33.6% for BPAY 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BPAY charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, BPAY currently yields 6.70% against 2.22% for VYM.
Holdings Overlap
12.7% of BPAY's money is in holdings VYM also owns. 0.7% of VYM's money is in holdings BPAY also owns.
BPAY and VYM share little of their money.
3 positions in common, counted across the 38 positions we hold weights for in BPAY and 557 in VYM, against full books of 42 and 613.
What only one of them owns
Our book lists 525 positions for VYM that do not appear in our book for BPAY (96.4% of the fund), and 22 for BPAY that do not appear in VYM (57.2%).
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.
You are not choosing between two funds in isolation.
Whichever of BPAY and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BPAY or VYM?
BPAY has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, BPAY or VYM?
Over the past year BPAY returned -17.53% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), BPAY annualized +3.59% vs +12.55% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BPAY or VYM?
BPAY has been the more volatile fund at 24.3% annualized versus 13.5% for VYM. Worst drawdown: BPAY -33.6% vs VYM -14.5%.
Should I hold both BPAY and VYM?
BPAY and VYM have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BPAY and VYM?
12.7% of BPAY's money is in holdings VYM also owns. 0.7% of VYM's is in holdings BPAY also owns. They hold 3 positions in common, counted across the 38 positions we hold weights for in BPAY and 557 in VYM.
Which pays a higher dividend, BPAY or VYM?
BPAY yields 6.70% while VYM yields 2.22%, so BPAY currently pays the higher dividend yield.
Is VYM better than BPAY?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 43.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.