DECO vs VYM

DECO vs VYM

Which is better, DECO or VYM?

Option Writing against Large Cap Value.

VYM has a lower expense ratio. DECO 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 63.7%.

Lower Fees: VYMHigher Returns: DECOLess Concentrated: VYM

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

MetricDECOVYM
Expense Ratio0.65%0.04%Best
AUM$20M$81.6B
Dividend Yield0.72%2.24%
Holdings32613
YTD Return+53.55%Best+14.82%
1Y Return+96.12%Best+20.84%
3Y Return (annualized)+75.18%Best+18.64%
5Y Return (annualized)+75.18%Best+12.28%
Volatility (annualized)1089030.1%14.5%Best
Max Drawdown-98.0%-58.8%Best
$10,000 over 5 years$164,977Best$17,845
Top 10 Weight63.7%25.9%Best
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryAlternativeEquity
StyleOption WritingLarge Cap Value
InceptionSep 9, 2024Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Dec 5, 2006 to Sep 4, 2026 (19.8 years).

DECO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

DECO vs VYM Performance

State Street Galaxy Digital Asset Ecosystem ETF (DECO) is an ETF from SPDR State Street Global Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DECO returned +96.12% while VYM returned +20.84%. Year to date, DECO is up 53.55% versus a gain of 14.82% for VYM.

Over three years, DECO compounded at +75.18% per year against +18.64% for VYM; over five years the annualized figures are +75.18% and +12.28% respectively. Across the full 20-year window we track, DECO has the edge at +98.66% annualized vs +7.00%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DECO has been the more volatile fund, with annualized monthly volatility of 1089030.1% compared with 14.5% 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 -98.0% for DECO and -58.8% 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 0.02. They move largely independently of each other.

Fees and Cost Over Time

DECO charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, DECO currently yields 0.72% against 2.24% for VYM.

Holdings Overlap

DECO already in VYM10.5%
VYM already in DECO5.4%

10.5% of DECO's money is in holdings VYM also owns. 5.4% of VYM's money is in holdings DECO also owns.

DECO and VYM share little of their money.

4 positions in common, counted across the 31 positions we hold weights for in DECO and 603 in VYM, against full books of 32 and 613.

What only one of them owns

Our book lists 566 positions for VYM that do not appear in our book for DECO (92.0% of the fund), and 24 for DECO that do not appear in VYM (85.8%).

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

StockWeight in DECOWeight in VYMDifference
JPMJpmorgan Chase4.53%3.38%1.15%
BLKBlackrock Inc2.34%0.61%1.73%
MSMorgan Stanley1.95%0.97%0.98%
BKBank Of New York Mellon Corp1.72%0.41%1.31%

You are not choosing between two funds in isolation.

Whichever of DECO and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DECOVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DECO or VYM?

DECO has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.

Which performed better, DECO or VYM?

Over the past year DECO returned +96.12% vs +20.84% for VYM, so DECO leads on 1-year performance. Over the longest common window we track (20 years), DECO annualized +98.66% vs +7.00% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DECO or VYM?

DECO has been the more volatile fund at 1089030.1% annualized versus 14.5% for VYM. Worst drawdown: DECO -98.0% vs VYM -58.8%.

Should I hold both DECO and VYM?

DECO and VYM have a monthly-return correlation of 0.02, 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 DECO and VYM?

10.5% of DECO's money is in holdings VYM also owns. 5.4% of VYM's is in holdings DECO also owns. They hold 4 positions in common, counted across the 31 positions we hold weights for in DECO and 603 in VYM.

Which pays a higher dividend, DECO or VYM?

DECO yields 0.72% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

Is VYM better than DECO?

VYM has a lower expense ratio. DECO 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 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.