CERY vs VYM
CERY vs VYM
State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. CERY delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | CERY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.04% | |
| AUM | $981M | $79.0B | |
| Dividend Yield | 4.28% | 2.86% | |
| Holdings | 11 | 568 | |
| YTD Return | +25.21% | +15.80% | |
| 1Y Return | +37.71% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 14.1% | 14.6% | |
| Max Drawdown | -14.3% | -58.8% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Commodity | Equity | |
| Inception | Sep 4, 2024 | Nov 10, 2006 |
CERY vs VYM Performance
State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is a ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year CERY returned +37.71% while VYM returned +26.12%. Year to date, CERY is up 25.21% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.1% for CERY. 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 -14.3% for CERY and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.26. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CERY charges 0.28% per year while VYM charges 0.04%. On a $10,000 position that is $28 vs $4 annually, a gap of $24 per year that compounds over a long holding period. On income, CERY currently yields 4.28% against 2.86% for VYM.
Holdings Overlap
CERY and VYM share 0 holdings out of 560 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CERY or VYM?
CERY has an expense ratio of 0.28% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, CERY or VYM?
Over the past year CERY returned +37.71% vs +26.12% for VYM, so CERY leads on 1-year performance. Over the longest common window we track (2 years), CERY annualized +24.04% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, CERY or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.1% for CERY. Worst drawdown: CERY -14.3% vs VYM -58.8%.
Should I hold both CERY and VYM?
CERY and VYM have a monthly-return correlation of 0.26, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CERY and VYM?
CERY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.
Which pays a higher dividend, CERY or VYM?
CERY yields 4.28% while VYM yields 2.86%, so CERY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.