BSMC vs VYM
Brandes US Small-Mid Cap Value ETF vs Vanguard High Dividend Yield ETF
Which is better, BSMC or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. BSMC led over 1Y, VYM over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 29.2%.
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 | BSMC | VYM |
|---|---|---|
| Expense Ratio | 0.71% | 0.04%Best |
| AUM | $181M | $81.6B |
| Dividend Yield | 0.90% | 2.22% |
| Holdings | 73 | 613 |
| YTD Return | +10.90% | +11.35%Best |
| 1Y Return | +15.49%Best | +15.34% |
| 3Y Return (annualized) | +15.73% | +17.22%Best |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 13.6% | 10.7%Best |
| Max Drawdown | -19.1% | -14.5%Best |
| $10,000 over 3 years | $15,500 | $17,112Best |
| Top 10 Weight | 29.2% | 26.1%Best |
| Fund Family | Brandes Investment Partners | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Oct 3, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 6, 2023 to Sep 18, 2026 (3 years).
BSMC 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 3 years both funds cover.
BSMC vs VYM Performance
Brandes US Small-Mid Cap Value ETF (BSMC) is an ETF from Brandes Investment Partners and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BSMC returned +15.49% while VYM returned +15.34%. Year to date, BSMC is up 10.90% versus a gain of 11.35% for VYM.
Over three years, BSMC compounded at +15.73% per year against +17.22% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSMC has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.7% 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 -19.1% for BSMC 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSMC charges 0.71% per year while VYM charges 0.04%. On a $10,000 position that is $71 vs $4 annually, a gap of $67 per year that compounds over a long holding period. On income, BSMC currently yields 0.90% against 2.22% for VYM.
Holdings Overlap
32.5% of BSMC's money is in holdings VYM also owns. 1.0% of VYM's money is in holdings BSMC also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 70 positions we hold weights for in BSMC and 557 in VYM, against full books of 73 and 613.
What only one of them owns
Our book lists 504 positions for VYM that do not appear in our book for BSMC (96.0% of the fund), and 37 for BSMC that do not appear in VYM (60.3%).
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
| Stock | Weight in BSMC | Weight in VYM | Difference |
|---|---|---|---|
| DOXAmdocs Ltd. | 2.96% | 0.02% | 2.94% |
| IFFInternational Flavors & Fragrances Inc. | 2.84% | 0.08% | 2.76% |
| CPBCampbell Soup Co. | 2.16% | 0.02% | 2.14% |
| CFGCitizens Financial Group Inc. | 2.06% | 0.12% | 1.94% |
| OMCOmnicom Group Inc. | 1.92% | 0.09% | 1.83% |
| OGNOrganon & Co | 1.83% | 0.01% | 1.82% |
| SEICSei Investments Co. | 1.68% | 0.04% | 1.64% |
| TAPMolson Coors Brewing Co. Class B | 1.64% | 0.03% | 1.61% |
| HALHalliburton Co. | 1.46% | 0.11% | 1.35% |
| OMFOnemain Holdings | 1.45% | 0.03% | 1.42% |
32.5% of BSMC 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSMC or VYM?
BSMC has an expense ratio of 0.71% while VYM charges 0.04%. VYM is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, BSMC or VYM?
Over the past year BSMC returned +15.49% vs +15.34% for VYM, so BSMC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSMC or VYM?
BSMC has been the more volatile fund at 13.6% annualized versus 10.7% for VYM. Worst drawdown: BSMC -19.1% vs VYM -14.5%.
Should I hold both BSMC and VYM?
BSMC and VYM have a monthly-return correlation of 0.91, 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 BSMC and VYM?
32.5% of BSMC's money is in holdings VYM also owns. 1.0% of VYM's is in holdings BSMC also owns. They hold 25 positions in common, counted across the 70 positions we hold weights for in BSMC and 557 in VYM.
Which pays a higher dividend, BSMC or VYM?
BSMC yields 0.90% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than BSMC?
VYM has a lower expense ratio. BSMC led over 1Y, VYM over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 29.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.