CVAR vs VYM
Cultivar ETF vs Vanguard High Dividend Yield ETF
Which is better, CVAR or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 26.2%.
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 | CVAR | VYM |
|---|---|---|
| Expense Ratio | 0.87% | 0.04%Best |
| AUM | $46M | $81.6B |
| Dividend Yield | 1.29% | 2.22% |
| Holdings | 89 | 613 |
| YTD Return | +8.27% | +11.35%Best |
| 1Y Return | +9.97% | +15.34%Best |
| 3Y Return (annualized) | +10.89% | +17.22%Best |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 15.8% | 13.7%Best |
| Max Drawdown | -19.4% | -15.8%Best |
| $10,000 over 4.7 years | $13,456 | $16,352Best |
| Top 10 Weight | 26.2% | 26.1%Best |
| Fund Family | Cultivar ETF | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Dec 22, 2021 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 23, 2021 to Sep 18, 2026 (4.7 years).
CVAR 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 4.7 years both funds cover.
CVAR vs VYM Performance
Cultivar ETF (CVAR) is an ETF from Cultivar ETF and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CVAR returned +9.97% while VYM returned +15.34%. Year to date, CVAR is up 8.27% versus a gain of 11.35% for VYM.
Over three years, CVAR compounded at +10.89% per year against +17.22% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CVAR has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 13.7% 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 -19.4% for CVAR and -15.8% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CVAR charges 0.87% per year while VYM charges 0.04%. On a $10,000 position that is $87 vs $4 annually, a gap of $83 per year that compounds over a long holding period. On income, CVAR currently yields 1.29% against 2.22% for VYM.
Holdings Overlap
45.7% of CVAR's money is in holdings VYM also owns. 7.5% of VYM's money is in holdings CVAR also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 89 positions we hold weights for in CVAR and 557 in VYM, against full books of 89 and 613.
What only one of them owns
Our book lists 488 positions for VYM that do not appear in our book for CVAR (89.6% of the fund), and 42 for CVAR that do not appear in VYM (47.8%).
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 CVAR | Weight in VYM | Difference |
|---|---|---|---|
| MKTXMarketaxess Holdings Inc?.? | 4.36% | 0.02% | 4.34% |
| UNHUnitedhealth Group Incorporated | 1.29% | 1.52% | 0.23% |
| KMBKimberly-Clark Corp. | 2.30% | 0.15% | 2.15% |
| HUMHumana Inc. | 1.90% | 0.18% | 1.72% |
| DGDollar General Corp. | 1.93% | 0.11% | 1.82% |
| LWLambwestonholdings Inc. | 1.76% | 0.03% | 1.73% |
| CVSCvs Corp | 1.16% | 0.54% | 0.62% |
| ESEversource Energ | 1.54% | 0.11% | 1.43% |
| NEMNewmont Corp Common | 1.24% | 0.41% | 0.83% |
| HSYHershey Co. | 1.49% | 0.10% | 1.39% |
45.7% of CVAR 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, CVAR or VYM?
CVAR has an expense ratio of 0.87% while VYM charges 0.04%. VYM is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, CVAR or VYM?
Over the past year CVAR returned +9.97% vs +15.34% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVAR or VYM?
CVAR has been the more volatile fund at 15.8% annualized versus 13.7% for VYM. Worst drawdown: CVAR -19.4% vs VYM -15.8%.
Should I hold both CVAR and VYM?
CVAR and VYM have a monthly-return correlation of 0.86, 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 CVAR and VYM?
45.7% of CVAR's money is in holdings VYM also owns. 7.5% of VYM's is in holdings CVAR also owns. They hold 41 positions in common, counted across the 89 positions we hold weights for in CVAR and 557 in VYM.
Which pays a higher dividend, CVAR or VYM?
CVAR yields 1.29% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CVAR?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 26.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.