CAMX vs VYM
Cambiar Aggressive Value ETF vs Vanguard High Dividend Yield ETF
Which is better, CAMX or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.1%.
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 | CAMX | VYM |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $69M | $81.6B |
| Dividend Yield | 1.62% | 2.24% |
| Holdings | 33 | 613 |
| YTD Return | +12.38% | +14.82%Best |
| 1Y Return | +15.35% | +20.84%Best |
| 3Y Return (annualized) | +13.22% | +18.64%Best |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 12.9% | 11.1%Best |
| Max Drawdown | -15.7% | -14.5%Best |
| $10,000 over 3.6 years | $15,174 | $16,415Best |
| Top 10 Weight | 41.1% | 25.9%Best |
| Fund Family | Cambiar Investors, LLC | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 13, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Feb 13, 2023 to Sep 4, 2026 (3.6 years).
CAMX 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 3.6 years both funds cover.
CAMX vs VYM Performance
Cambiar Aggressive Value ETF (CAMX) is an ETF from Cambiar Investors, LLC and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CAMX returned +15.35% while VYM returned +20.84%. Year to date, CAMX is up 12.38% versus a gain of 14.82% for VYM.
Over three years, CAMX compounded at +13.22% per year against +18.64% for VYM. Across the full 4-year window we track, VYM has the edge at +14.76% annualized vs +12.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CAMX has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.1% 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 -15.7% for CAMX 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CAMX charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, CAMX currently yields 1.62% against 2.24% for VYM.
Holdings Overlap
40.2% of CAMX's money is in holdings VYM also owns. 4.5% of VYM's money is in holdings CAMX also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 32 positions we hold weights for in CAMX and 603 in VYM, against full books of 33 and 613.
What only one of them owns
Our book lists 557 positions for VYM that do not appear in our book for CAMX (92.9% of the fund), and 14 for CAMX that do not appear in VYM (40.8%).
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
| Stock | Weight in CAMX | Weight in VYM | Difference |
|---|---|---|---|
| ELVElevance Health Inc | 4.58% | 0.34% | 4.24% |
| BMYBristol-Myers Squibb Co. | 4.37% | 0.49% | 3.88% |
| UNPUnion Pacific Corp | 4.08% | 0.67% | 3.41% |
| LUVSouthwest Airlines Co. | 4.26% | 0.10% | 4.16% |
| CMECme Group Inc. | 4.00% | 0.33% | 3.67% |
| MDTMedtronic Plc Ordinary Shares | 3.61% | 0.42% | 3.19% |
| OMCOmnicom Group Inc. | 3.02% | 0.09% | 2.93% |
| CVXChevron Corp | 1.71% | 1.28% | 0.43% |
| HONHoneywell International Inc. | 2.54% | 0.29% | 2.25% |
| MASMasco Corp. | 2.48% | 0.07% | 2.41% |
40.2% of CAMX 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, CAMX or VYM?
CAMX has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, CAMX or VYM?
Over the past year CAMX returned +15.35% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), CAMX annualized +12.28% vs +14.76% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAMX or VYM?
CAMX has been the more volatile fund at 12.9% annualized versus 11.1% for VYM. Worst drawdown: CAMX -15.7% vs VYM -14.5%.
Should I hold both CAMX and VYM?
CAMX and VYM have a monthly-return correlation of 0.90, 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 CAMX and VYM?
40.2% of CAMX's money is in holdings VYM also owns. 4.5% of VYM's is in holdings CAMX also owns. They hold 13 positions in common, counted across the 32 positions we hold weights for in CAMX and 603 in VYM.
Which pays a higher dividend, CAMX or VYM?
CAMX yields 1.62% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than CAMX?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.