CCIF vs VYM

CCIF vs VYM

Which is better, CCIF or VYM?

VYM has been ahead.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VYMHigher Returns: VYM

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

MetricCCIFVYM
Expense Ratio13.82%0.04%Best
AUM$57M$81.6B
Dividend Yield36.80%2.22%
Holdings45613
YTD Return-38.03%+11.35%Best
1Y Return-44.69%+15.34%Best
3Y Return (annualized)-19.12%+17.22%Best
5Y Return (annualized)-10.94%+12.30%Best
Volatility (annualized)18.1%13.2%Best
Max Drawdown-56.9%-35.7%Best
$10,000 over 5 years$5,603$17,861Best
Fund FamilyCarlyle Credit Income FundVanguard (US)
CategoryFixed IncomeEquity
Style-Large Cap Value
InceptionDec 30, 2011Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Aug 17, 2012 to Sep 18, 2026 (14.1 years).

CCIF 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 14.1 years both funds cover.

CCIF vs VYM Performance

Carlyle Credit Income Fund (CCIF) is an ETF from Carlyle Credit Income Fund and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CCIF returned -44.69% while VYM returned +15.34%. Year to date, CCIF is down 38.03% versus a gain of 11.35% for VYM.

Over three years, CCIF compounded at -19.12% per year against +17.22% for VYM; over five years the annualized figures are -10.94% and +12.30% respectively. Across the full 14-year window we track, VYM has the edge at +9.81% annualized vs -3.50%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CCIF has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.2% 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 -56.9% for CCIF and -35.7% 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 0.33. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CCIF charges 13.82% per year while VYM charges 0.04%. On a $10,000 position that is $1382 vs $4 annually, a gap of $1378 per year that compounds over a long holding period. On income, CCIF currently yields 36.80% against 2.22% for VYM.

You are not choosing between two funds in isolation.

Whichever of CCIF and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CCIFVYM

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Frequently Asked Questions

Which is cheaper, CCIF or VYM?

CCIF has an expense ratio of 13.82% while VYM charges 0.04%. VYM is the cheaper option, by $1378 a year on a $10,000 investment.

Which performed better, CCIF or VYM?

Over the past year CCIF returned -44.69% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (14 years), CCIF annualized -3.50% vs +9.81% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CCIF or VYM?

CCIF has been the more volatile fund at 18.1% annualized versus 13.2% for VYM. Worst drawdown: CCIF -56.9% vs VYM -35.7%.

Should I hold both CCIF and VYM?

CCIF and VYM have a monthly-return correlation of 0.33, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, CCIF or VYM?

CCIF yields 36.80% while VYM yields 2.22%, so CCIF currently pays the higher dividend yield.

Is VYM better than CCIF?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.