CNAV vs VYM
Mohr Company Nav ETF vs Vanguard High Dividend Yield ETF
Which is better, CNAV or VYM?
Tactical Allocation against Large Cap Value.
VYM has a lower expense ratio. CNAV led over the full window, VYM over 1Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 39.0%.
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 | CNAV | VYM |
|---|---|---|
| Expense Ratio | 1.31% | 0.04%Best |
| AUM | $48M | $95.8B |
| Dividend Yield | 0.00% | 2.23% |
| Holdings | 60 | 610 |
| YTD Return | +16.07% | +16.08%Best |
| 1Y Return | +17.36% | +18.40%Best |
| 3Y Return (annualized) | - | +20.47% |
| 5Y Return (annualized) | - | +11.53% |
| Volatility (annualized) | 32.2% | 11.3%Best |
| Max Drawdown | -30.1% | -14.5%Best |
| $10,000 over 2.1 years | $14,552Best | $13,556 |
| Top 10 Weight | 39.0% | 25.8%Best |
| Fund Family | Mohr Funds | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Value |
| Inception | Oct 1, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Oct 1, 2024 to Nov 12, 2026 (2.1 years).
CNAV 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 2.1 years both funds cover.
CNAV vs VYM Performance
Mohr Company Nav ETF (CNAV) is an ETF from Mohr Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CNAV returned +17.36% while VYM returned +18.40%. Year to date, CNAV is up 16.07% versus a gain of 16.08% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNAV has been the more volatile fund, with annualized monthly volatility of 32.2% compared with 11.3% 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 -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 0.36. They move together some of the time, and apart the rest.
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 2.23% for VYM.
Holdings Overlap
34.9% of CNAV's money is in holdings VYM also owns. 2.8% of VYM's money is in holdings CNAV also owns.
The two portfolios partly overlap.
The two holdings books were reported 60 days apart, CNAV as of Oct 30, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
10 positions in common, counted across the 30 positions we hold weights for in CNAV and 602 in VYM, against full books of 60 and 610.
What only one of them owns
Our book lists 567 positions for VYM that do not appear in our book for CNAV (95.8% of the fund), and 17 for CNAV that do not appear in VYM (56.7%).
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 CNAV | Weight in VYM | Difference |
|---|---|---|---|
| DELLDell Technologies Inc | 4.02% | 0.55% | 3.47% |
| NTAPNetapp Inc. | 4.06% | 0.15% | 3.91% |
| AMGNAmgen Inc. | 3.28% | 0.86% | 2.42% |
| DINOHollyfrontier | 4.03% | 0.06% | 3.97% |
| PSXPhillips 66 | 3.40% | 0.40% | 3.00% |
| HUMHumana Inc. | 3.51% | 0.19% | 3.32% |
| TRVTravelers Cos Inc/The | 3.25% | 0.31% | 2.94% |
| BBYBest Buy Co Inc | 3.42% | 0.06% | 3.36% |
| GRMNGarmin Ltd Common Stock | 3.21% | 0.19% | 3.02% |
| HASHasbro Inc. | 2.69% | 0.05% | 2.64% |
34.9% of CNAV 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, CNAV or VYM?
CNAV has an expense ratio of 1.31% while VYM charges 0.04%. VYM is the cheaper option, by $127 a year on a $10,000 investment.
Which performed better, CNAV or VYM?
Over the past year CNAV returned +17.36% vs +18.40% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), CNAV annualized +19.56% vs +15.59% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNAV or VYM?
CNAV has been the more volatile fund at 32.2% annualized versus 11.3% for VYM. Worst drawdown: CNAV -30.1% vs VYM -14.5%.
Should I hold both CNAV and VYM?
CNAV and VYM have a monthly-return correlation of 0.36, 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 CNAV and VYM?
34.9% of CNAV's money is in holdings VYM also owns. 2.8% of VYM's is in holdings CNAV also owns. They hold 10 positions in common, counted across the 30 positions we hold weights for in CNAV and 602 in VYM.
Which pays a higher dividend, CNAV or VYM?
CNAV yields 0.00% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than CNAV?
VYM has a lower expense ratio. CNAV led over the full window, VYM over 1Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 39.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.