CPAI vs VYM
Counterpoint Quantitative Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, CPAI or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 25.0% of the fund in its ten largest positions against 25.9%.
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 | CPAI | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $437M | $81.6B |
| Dividend Yield | 0.69% | 2.22% |
| Holdings | 51 | 613 |
| YTD Return | +26.74%Best | +13.15% |
| 1Y Return | +36.59%Best | +17.82% |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 16.8% | 10.3%Best |
| Max Drawdown | -21.5% | -14.5%Best |
| $10,000 over 2.8 years | $20,766Best | $16,556 |
| Top 10 Weight | 25.0%Best | 25.9% |
| Fund Family | Counterpoint Mutual Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Nov 28, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Sep 10, 2026 (2.8 years).
CPAI 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 2.8 years both funds cover.
CPAI vs VYM Performance
Counterpoint Quantitative Equity ETF (CPAI) is an ETF from Counterpoint Mutual Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CPAI returned +36.59% while VYM returned +17.82%. Year to date, CPAI is up 26.74% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPAI has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 10.3% 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 -21.5% for CPAI 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CPAI charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, CPAI currently yields 0.69% against 2.22% for VYM.
Holdings Overlap
22.7% of CPAI's money is in holdings VYM also owns. 2.0% of VYM's money is in holdings CPAI also owns.
CPAI and VYM share little of their money.
10 positions in common, counted across the 50 positions we hold weights for in CPAI and 603 in VYM, against full books of 51 and 613.
What only one of them owns
Our book lists 558 positions for VYM that do not appear in our book for CPAI (95.4% of the fund), and 36 for CPAI that do not appear in VYM (69.6%).
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 CPAI | Weight in VYM | Difference |
|---|---|---|---|
| PBFPbf Energy Inc-class A | 2.99% | 0.02% | 2.97% |
| DELLDell Technologies Inc. | 2.28% | 0.54% | 1.74% |
| COPConocophillips Co | 2.18% | 0.53% | 1.65% |
| HPEHewlett Packard Enterprise Co. | 2.35% | 0.25% | 2.10% |
| NTAPNetapp Inc. | 2.45% | 0.13% | 2.32% |
| HPQHp Inc. | 2.47% | 0.08% | 2.39% |
| OXYOccidental Petroleum Corp. | 2.16% | 0.15% | 2.01% |
| APAApa Corp | 2.12% | 0.05% | 2.07% |
| CAHCardinal Health Inc. | 1.92% | 0.23% | 1.69% |
| ALBAlbemarle Corp. | 1.78% | 0.07% | 1.71% |
22.7% of CPAI 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, CPAI or VYM?
CPAI has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, CPAI or VYM?
Over the past year CPAI returned +36.59% vs +17.82% for VYM, so CPAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPAI or VYM?
CPAI has been the more volatile fund at 16.8% annualized versus 10.3% for VYM. Worst drawdown: CPAI -21.5% vs VYM -14.5%.
Should I hold both CPAI and VYM?
CPAI and VYM have a monthly-return correlation of 0.81, 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 CPAI and VYM?
22.7% of CPAI's money is in holdings VYM also owns. 2.0% of VYM's is in holdings CPAI also owns. They hold 10 positions in common, counted across the 50 positions we hold weights for in CPAI and 603 in VYM.
Which pays a higher dividend, CPAI or VYM?
CPAI yields 0.69% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CPAI?
VYM has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 25.0% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.