CNAV vs VYM

Quick Verdict

VYM has a lower expense ratio. CNAV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: CNAVMore Diversified: VYM

Side-by-Side Comparison

MetricCNAVVYMWinner
Expense Ratio1.31%0.04%
AUM$48M$79.0B
Dividend Yield0.00%2.86%
Holdings33568
YTD Return+24.25%+15.80%
1Y Return+37.83%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)33.0%14.6%
Max Drawdown-30.1%-58.8%
Fund FamilyMohr FundsVanguard (US)
CategoryAllocation/BalancedEquity
InceptionOct 1, 2024Nov 10, 2006

CNAV vs VYM Performance

Mohr Company Nav ETF (CNAV) is a ETF from Mohr Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year CNAV returned +37.83% while VYM returned +26.12%. Year to date, CNAV is up 24.25% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

CNAV has been the more volatile fund, with annualized monthly volatility of 33.0% compared with 14.6% 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 -30.1% for CNAV 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CNAV charges 1.31% per year while VYM charges 0.04%. On a $10,000 position that is $131 vs $4 annually, a gap of $127 per year that compounds over a long holding period. On income, CNAV currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

4.8%overlap

CNAV and VYM share 8 holdings out of 580 unique holdings combined, representing a 4.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CNAVWeight in VYMDifference
CSCO3.64%1.39%2.25%
CAT3.47%1.51%1.96%
DELL3.92%0.21%3.71%
TXNProProPro
GLWProProPro
NTAPProProPro
MTBProProPro
NVT:LNProProPro
See all 8 holdings CNAV shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, CNAV or VYM?

CNAV has an expense ratio of 1.31% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $127 per year of difference.

Which performed better, CNAV or VYM?

Over the past year CNAV returned +37.83% vs +26.12% for VYM, so CNAV leads on 1-year performance. Over the longest common window we track (2 years), CNAV annualized +27.27% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, CNAV or VYM?

CNAV has been the more volatile fund at 33.0% annualized versus 14.6% for VYM. Worst drawdown: CNAV -30.1% vs VYM -58.8%.

Should I hold both CNAV and VYM?

CNAV and VYM have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CNAV and VYM?

CNAV and VYM share 8 common holdings with a 4.8% weight overlap. Combined, they hold 580 unique securities.

Which pays a higher dividend, CNAV or VYM?

CNAV yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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