CPRY vs VYM
Calamos Russell 2000 Structured Alt Protection ETF - January vs Vanguard High Dividend Yield ETF
Which is better, CPRY or VYM?
Option Writing against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | CPRY | VYM |
|---|---|---|
| Expense Ratio | 0.69% | 0.04%Best |
| AUM | $35M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 5 | 613 |
| YTD Return | +4.41% | +11.71%Best |
| 1Y Return | +8.93% | +16.24%Best |
| 3Y Return (annualized) | - | +17.24% |
| 5Y Return (annualized) | - | +11.86% |
| Volatility (annualized) | 3.0%Best | 10.0% |
| Max Drawdown | -3.2%Best | -14.5% |
| $10,000 over 1.7 years | $11,358 | $13,004Best |
| Fund Family | Calamos Investments | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Jan 2, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 2, 2025 to Sep 16, 2026 (1.7 years).
CPRY 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.
CPRY vs VYM Performance
Calamos Russell 2000 Structured Alt Protection ETF - January (CPRY) is an ETF from Calamos Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CPRY returned +8.93% while VYM returned +16.24%. Year to date, CPRY is up 4.41% versus a gain of 11.71% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.0% compared with 3.0% for CPRY. 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 -3.2% for CPRY 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CPRY charges 0.69% per year while VYM charges 0.04%. On a $10,000 position that is $69 vs $4 annually, a gap of $65 per year that compounds over a long holding period. On income, CPRY currently yields 0.00% against 2.22% for VYM.
You are not choosing between two funds in isolation.
Whichever of CPRY and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPRY or VYM?
CPRY has an expense ratio of 0.69% while VYM charges 0.04%. VYM is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, CPRY or VYM?
Over the past year CPRY returned +8.93% vs +16.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), CPRY annualized +7.78% vs +16.71% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPRY or VYM?
VYM has been the more volatile fund at 10.0% annualized versus 3.0% for CPRY. Worst drawdown: CPRY -3.2% vs VYM -14.5%.
Should I hold both CPRY and VYM?
CPRY and VYM have a monthly-return correlation of 0.63, 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, CPRY or VYM?
CPRY yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CPRY?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.