DDFL vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricDDFLVYMWinner
Expense Ratio0.79%0.04%
AUM$148M$79.0B
Dividend Yield0.00%2.86%
Holdings7568
YTD Return+5.07%+15.80%
1Y Return+8.77%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)2.2%14.6%
Max Drawdown-1.6%-58.8%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
InceptionJun 30, 2025Nov 10, 2006

DDFL vs VYM Performance

Innovator Equity Dual Directional 15 Buffer ETF - July (DDFL) is a ETF from Innovator ETFs Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DDFL returned +8.77% while VYM returned +26.12%. Year to date, DDFL is up 5.07% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 2.2% for DDFL. 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 -1.6% for DDFL and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DDFL charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, DDFL currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DDFL and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DDFL or VYM?

DDFL has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $75 per year of difference.

Which performed better, DDFL or VYM?

Over the past year DDFL returned +8.77% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DDFL annualized +9.02% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, DDFL or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 2.2% for DDFL. Worst drawdown: DDFL -1.6% vs VYM -58.8%.

Should I hold both DDFL and VYM?

DDFL and VYM have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DDFL and VYM?

DDFL and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, DDFL or VYM?

DDFL yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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