CMDY vs VYM

CMDY vs VYM

Which is better, CMDY or VYM?

Commodities against Large Cap Value.

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

Lower Fees: VYMHigher Returns: split

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

MetricCMDYVYM
Expense Ratio0.28%0.04%Best
AUM$683M$81.6B
Dividend Yield9.93%2.22%
Holdings91613
YTD Return+32.96%Best+10.23%
1Y Return+40.98%Best+14.28%
3Y Return (annualized)+15.58%+17.50%Best
5Y Return (annualized)+11.15%+11.60%Best
Volatility (annualized)13.9%Best15.3%
Max Drawdown-31.2%Best-35.7%
$10,000 over 5 years$16,965$17,311Best
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryCommodityEquity
StyleCommoditiesLarge Cap Value
InceptionApr 3, 2018Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Sep 23, 2026 (8.5 years).

CMDY 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 8.5 years both funds cover.

CMDY vs VYM Performance

iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) is an ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CMDY returned +40.98% while VYM returned +14.28%. Year to date, CMDY is up 32.96% versus a gain of 10.23% for VYM.

Over three years, CMDY compounded at +15.58% per year against +17.50% for VYM; over five years the annualized figures are +11.15% and +11.60% respectively. Across the full 9-year window we track, VYM has the edge at +9.88% annualized vs +8.62%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.9% for CMDY. 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 -31.2% for CMDY 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 0.46. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CMDY 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, CMDY currently yields 9.93% against 2.22% for VYM.

Holdings Overlap

VYM already in CMDY0.7%

At least 0.7% of VYM's money is in holdings CMDY also owns.

Stated as a floor: for CMDY, our book for it covers 8.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

We cannot see either book well enough to say how much of this pair is duplicated.

1 positions in common, counted across the 4 positions we hold weights for in CMDY and 557 in VYM, against full books of 91 and 613.

Top Shared Holdings

StockWeight in CMDYWeight in VYMDifference
NEENextera Energy Inc0.77%0.74%0.03%

You are not choosing between two funds in isolation.

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

CMDYVYM

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Frequently Asked Questions

Which is cheaper, CMDY or VYM?

CMDY has an expense ratio of 0.28% while VYM charges 0.04%. VYM is the cheaper option, by $24 a year on a $10,000 investment.

Which performed better, CMDY or VYM?

Over the past year CMDY returned +40.98% vs +14.28% for VYM, so CMDY leads on 1-year performance. Over the longest common window we track (9 years), CMDY annualized +8.62% vs +9.88% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CMDY or VYM?

VYM has been the more volatile fund at 15.3% annualized versus 13.9% for CMDY. Worst drawdown: CMDY -31.2% vs VYM -35.7%.

Should I hold both CMDY and VYM?

CMDY and VYM have a monthly-return correlation of 0.46, 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, CMDY or VYM?

CMDY yields 9.93% while VYM yields 2.22%, so CMDY currently pays the higher dividend yield.

Is VYM better than CMDY?

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