CBSE vs VYM
Clough Select Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, CBSE or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. CBSE led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.4%.
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 | CBSE | VYM |
|---|---|---|
| Expense Ratio | 0.85% | 0.04%Best |
| AUM | $49M | $83.1B |
| Dividend Yield | 0.29% | 2.22% |
| Holdings | 82 | 608 |
| Volatility (annualized) | 22.2% | 14.5%Best |
| Max Drawdown | -36.3% | -15.8%Best |
| $10,000 over 4.2 years | $17,888Best | $16,977 |
| Top 10 Weight | 33.4% | 26.1%Best |
| Fund Family | Changebridge Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 12, 2020 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 633 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CBSE has data through Jan 17, 2025 and VYM through Oct 12, 2026.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Nov 13, 2020 to Jan 17, 2025 (4.2 years).
Risk: Volatility and Drawdowns
CBSE has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 14.5% 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 -36.3% for CBSE and -15.8% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CBSE charges 0.85% per year while VYM charges 0.04%. On a $10,000 position that is $85 vs $4 annually, a gap of $81 per year that compounds over a long holding period. On income, CBSE currently yields 0.29% against 2.22% for VYM.
Holdings Overlap
17.7% of CBSE's money is in holdings VYM also owns. 1.3% of VYM's money is in holdings CBSE also owns.
CBSE and VYM share little of their money.
7 positions in common, counted across the 40 positions we hold weights for in CBSE and 557 in VYM, against full books of 82 and 608.
What only one of them owns
Our book lists 521 positions for VYM that do not appear in our book for CBSE (95.8% of the fund), and 25 for CBSE that do not appear in VYM (67.8%).
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 CBSE | Weight in VYM | Difference |
|---|---|---|---|
| DELLDell Technologies Inc | 2.69% | 0.50% | 2.19% |
| APAAPA Corp. | 3.01% | 0.05% | 2.96% |
| BKRBaker Hughes Co | 2.73% | 0.24% | 2.49% |
| DVNDevon Energy Corporation | 2.64% | 0.21% | 2.43% |
| SSNCSs&C Technologies Holdings Inc. | 2.38% | 0.06% | 2.32% |
| SCCOSouthern Copper Corp | 2.35% | 0.07% | 2.28% |
| CCLCarnival Corporation Common Stock | 1.94% | 0.14% | 1.80% |
You are not choosing between two funds in isolation.
Whichever of CBSE 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, CBSE or VYM?
CBSE has an expense ratio of 0.85% while VYM charges 0.04%. VYM is the cheaper option, by $81 a year on a $10,000 investment.
Which is riskier, CBSE or VYM?
CBSE has been the more volatile fund at 22.2% annualized versus 14.5% for VYM. Worst drawdown: CBSE -36.3% vs VYM -15.8%.
Should I hold both CBSE and VYM?
CBSE and VYM have a monthly-return correlation of 0.69, 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 CBSE and VYM?
17.7% of CBSE's money is in holdings VYM also owns. 1.3% of VYM's is in holdings CBSE also owns. They hold 7 positions in common, counted across the 40 positions we hold weights for in CBSE and 557 in VYM.
Which pays a higher dividend, CBSE or VYM?
CBSE yields 0.29% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CBSE?
VYM has a lower expense ratio. CBSE led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.