CXSE vs VYM
WisdomTree China ex-State-Owned Enterprises Fund vs Vanguard High Dividend Yield ETF
Which is better, CXSE or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.4%.
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 | CXSE | VYM |
|---|---|---|
| Expense Ratio | 0.32% | 0.04%Best |
| AUM | $481M | $81.6B |
| Dividend Yield | 1.53% | 2.22% |
| Holdings | 265 | 613 |
| YTD Return | -11.52% | +13.75%Best |
| 1Y Return | -11.14% | +19.42%Best |
| 3Y Return (annualized) | +7.94% | +18.22%Best |
| 5Y Return (annualized) | -7.00% | +12.17%Best |
| Volatility (annualized) | 24.9% | 13.2%Best |
| Max Drawdown | -70.0% | -35.7%Best |
| $10,000 over 5 years | $6,957 | $17,758Best |
| Top 10 Weight | 36.4% | 25.9%Best |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Sep 19, 2012 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2012 to Sep 9, 2026 (14 years).
CXSE 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 14 years both funds cover.
CXSE vs VYM Performance
WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CXSE returned -11.14% while VYM returned +19.42%. Year to date, CXSE is down 11.52% versus a gain of 13.75% for VYM.
Over three years, CXSE compounded at +7.94% per year against +18.22% for VYM; over five years the annualized figures are -7.00% and +12.17% respectively. Across the full 14-year window we track, VYM has the edge at +9.91% annualized vs +3.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CXSE has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 13.2% 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 -70.0% for CXSE and -35.7% 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 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CXSE charges 0.32% per year while VYM charges 0.04%. On a $10,000 position that is $32 vs $4 annually, a gap of $28 per year that compounds over a long holding period. On income, CXSE currently yields 1.53% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 253 holdings in CXSE and 603 in VYM, totalling 96.3% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 253 positions we hold weights for in CXSE and 603 in VYM, against full books of 265 and 613.
What only one of them owns
Our book lists 567 positions for VYM that do not appear in our book for CXSE (97.3% of the fund), and 4 for CXSE that do not appear in VYM (0.3%).
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.
You are not choosing between two funds in isolation.
Whichever of CXSE 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, CXSE or VYM?
CXSE has an expense ratio of 0.32% while VYM charges 0.04%. VYM is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, CXSE or VYM?
Over the past year CXSE returned -11.14% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (14 years), CXSE annualized +3.27% vs +9.91% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CXSE or VYM?
CXSE has been the more volatile fund at 24.9% annualized versus 13.2% for VYM. Worst drawdown: CXSE -70.0% vs VYM -35.7%.
Should I hold both CXSE and VYM?
CXSE and VYM have a monthly-return correlation of 0.34, 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, CXSE or VYM?
CXSE yields 1.53% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CXSE?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.