DBND vs VYM
DoubleLine Opportunistic Core Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, DBND or VYM?
Diversified Sectoral Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y 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 | DBND | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $741M | $81.6B |
| Dividend Yield | 4.86% | 2.22% |
| Holdings | 1,270 | 613 |
| YTD Return | -1.70% | +12.87%Best |
| 1Y Return | -0.96% | +17.25%Best |
| 3Y Return (annualized) | +4.47% | +17.66%Best |
| 5Y Return (annualized) | - | +11.98% |
| Volatility (annualized) | 6.0%Best | 13.8% |
| Max Drawdown | -9.4%Best | -15.8% |
| $10,000 over 4.4 years | $10,868 | $16,246Best |
| Fund Family | DoubleLine Funds | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Value |
| Inception | Mar 31, 2022 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 5, 2022 to Sep 15, 2026 (4.4 years).
DBND 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 4.4 years both funds cover.
DBND vs VYM Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is an ETF from DoubleLine Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DBND returned -0.96% while VYM returned +17.25%. Year to date, DBND is down 1.70% versus a gain of 12.87% for VYM.
Over three years, DBND compounded at +4.47% per year against +17.66% for VYM. Across the full 4-year window we track, VYM has the edge at +11.66% annualized vs +1.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 6.0% for DBND. 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 -9.4% for DBND 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DBND charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, DBND currently yields 4.86% against 2.22% for VYM.
Holdings Overlap
At least 1.5% of VYM's money is in holdings DBND also owns.
Stated as a floor: for DBND, our book for it covers 47.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and DBND share little of their money.
4 positions in common, counted across the 466 positions we hold weights for in DBND and 557 in VYM, against full books of 1,270 and 613.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of DBND 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, DBND or VYM?
DBND has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, DBND or VYM?
Over the past year DBND returned -0.96% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), DBND annualized +1.91% vs +11.66% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBND or VYM?
VYM has been the more volatile fund at 13.8% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs VYM -15.8%.
Should I hold both DBND and VYM?
DBND and VYM have a monthly-return correlation of 0.60, 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 DBND and VYM?
At least 1.5% of VYM's money is in holdings DBND also owns. Our book for DBND is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 466 positions we hold weights for in DBND and 557 in VYM.
Which pays a higher dividend, DBND or VYM?
DBND yields 4.86% while VYM yields 2.22%, so DBND currently pays the higher dividend yield.
Is VYM better than DBND?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.