CANC vs VYM
Tema Oncology ETF vs Vanguard High Dividend Yield ETF
Which is better, CANC or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. CANC led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 39.4%.
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 | CANC | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $213M | $81.6B |
| Dividend Yield | 0.05% | 2.22% |
| Holdings | 58 | 613 |
| YTD Return | +21.75%Best | +11.47% |
| 1Y Return | +53.62%Best | +15.94% |
| 3Y Return (annualized) | +24.64%Best | +18.03% |
| 5Y Return (annualized) | - | +12.35% |
| Volatility (annualized) | 19.2% | 11.0%Best |
| Max Drawdown | -26.1% | -14.5%Best |
| $10,000 over 3.1 years | $17,845Best | $16,136 |
| Top 10 Weight | 39.4% | 26.1%Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 15, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 15, 2023 to Sep 21, 2026 (3.1 years).
CANC 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 3.1 years both funds cover.
CANC vs VYM Performance
Tema Oncology ETF (CANC) is an ETF from Tema Global Limited and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CANC returned +53.62% while VYM returned +15.94%. Year to date, CANC is up 21.75% versus a gain of 11.47% for VYM.
Over three years, CANC compounded at +24.64% per year against +18.03% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CANC has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 11.0% 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 -26.1% for CANC 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CANC charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, CANC currently yields 0.05% against 2.22% for VYM.
Holdings Overlap
17.8% of CANC's money is in holdings VYM also owns. 7.6% of VYM's money is in holdings CANC also owns.
CANC and VYM share little of their money.
6 positions in common, counted across the 59 positions we hold weights for in CANC and 557 in VYM, against full books of 58 and 613.
What only one of them owns
Our book lists 522 positions for VYM that do not appear in our book for CANC (89.5% of the fund), and 44 for CANC that do not appear in VYM (67.3%).
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.
You are not choosing between two funds in isolation.
Whichever of CANC 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, CANC or VYM?
CANC has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, CANC or VYM?
Over the past year CANC returned +53.62% vs +15.94% for VYM, so CANC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CANC or VYM?
CANC has been the more volatile fund at 19.2% annualized versus 11.0% for VYM. Worst drawdown: CANC -26.1% vs VYM -14.5%.
Should I hold both CANC and VYM?
CANC and VYM have a monthly-return correlation of 0.58, 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 CANC and VYM?
17.8% of CANC's money is in holdings VYM also owns. 7.6% of VYM's is in holdings CANC also owns. They hold 6 positions in common, counted across the 59 positions we hold weights for in CANC and 557 in VYM.
Which pays a higher dividend, CANC or VYM?
CANC yields 0.05% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CANC?
VYM has a lower expense ratio. CANC led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 39.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.