CGMM vs VYM
Capital Group US Small and Mid Cap ETF vs Vanguard High Dividend Yield ETF
Which is better, CGMM or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. CGMM is less concentrated, with 20.8% of the fund in its ten largest positions against 26.1%.
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 | CGMM | VYM |
|---|---|---|
| Expense Ratio | 0.51% | 0.04%Best |
| AUM | $3.4B | $81.6B |
| Dividend Yield | 0.38% | 2.22% |
| Holdings | 118 | 613 |
| YTD Return | +7.73% | +11.35%Best |
| 1Y Return | +9.95% | +15.34%Best |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 14.4% | 10.0%Best |
| Max Drawdown | -21.0% | -14.5%Best |
| $10,000 over 1.7 years | $12,209 | $12,706Best |
| Top 10 Weight | 20.8%Best | 26.1% |
| Fund Family | Capital Group (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Jan 14, 2025 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 16, 2025 to Sep 18, 2026 (1.7 years).
CGMM 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 1.7 years both funds cover.
CGMM vs VYM Performance
Capital Group US Small and Mid Cap ETF (CGMM) is an ETF from Capital Group (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CGMM returned +9.95% while VYM returned +15.34%. Year to date, CGMM is up 7.73% versus a gain of 11.35% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGMM has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 10.0% 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 -21.0% for CGMM 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGMM charges 0.51% per year while VYM charges 0.04%. On a $10,000 position that is $51 vs $4 annually, a gap of $47 per year that compounds over a long holding period. On income, CGMM currently yields 0.38% against 2.22% for VYM.
Holdings Overlap
24.8% of CGMM's money is in holdings VYM also owns. 4.0% of VYM's money is in holdings CGMM also owns.
CGMM and VYM share little of their money.
28 positions in common, counted across the 116 positions we hold weights for in CGMM and 557 in VYM, against full books of 118 and 613.
What only one of them owns
Our book lists 500 positions for VYM that do not appear in our book for CGMM (93.1% of the fund), and 80 for CGMM that do not appear in VYM (70.4%).
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 CGMM | Weight in VYM | Difference |
|---|---|---|---|
| EXCExelon | 1.86% | 0.19% | 1.67% |
| NKENike Inc | 1.66% | 0.20% | 1.46% |
| COFCapital One Financial Corp. | 1.02% | 0.53% | 0.49% |
| FITBFifth Third Bancorp | 1.27% | 0.21% | 1.06% |
| MTNVail Resorts Inc. | 1.34% | 0.02% | 1.32% |
| KEYKeycorp | 1.27% | 0.08% | 1.19% |
| CFGCitizens Financial Group Inc. | 1.15% | 0.12% | 1.03% |
| FANGDiamondback Energy, Inc. | 1.10% | 0.16% | 0.94% |
| VCTRVictory Receivables Corp | 1.20% | 0.02% | 1.18% |
| LKQLkq Corp. | 1.14% | 0.02% | 1.12% |
24.8% of CGMM 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, CGMM or VYM?
CGMM has an expense ratio of 0.51% while VYM charges 0.04%. VYM is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CGMM or VYM?
Over the past year CGMM returned +9.95% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), CGMM annualized +12.46% vs +15.13% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGMM or VYM?
CGMM has been the more volatile fund at 14.4% annualized versus 10.0% for VYM. Worst drawdown: CGMM -21.0% vs VYM -14.5%.
Should I hold both CGMM and VYM?
CGMM and VYM have a monthly-return correlation of 0.77, 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 CGMM and VYM?
24.8% of CGMM's money is in holdings VYM also owns. 4.0% of VYM's is in holdings CGMM also owns. They hold 28 positions in common, counted across the 116 positions we hold weights for in CGMM and 557 in VYM.
Which pays a higher dividend, CGMM or VYM?
CGMM yields 0.38% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CGMM?
VYM has a lower expense ratio. VYM led over 1Y and the full window. CGMM is less concentrated, with 20.8% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.