DECW vs VYM
AllianzIM US Equity Buffer20 Dec ETF vs Vanguard High Dividend Yield ETF
Which is better, DECW or VYM?
Option Writing 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 | DECW | VYM |
|---|---|---|
| Expense Ratio | 0.74% | 0.04%Best |
| AUM | $228M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 5 | 613 |
| YTD Return | +7.12% | +12.29%Best |
| 1Y Return | +11.01% | +16.61%Best |
| 3Y Return (annualized) | +10.87% | +17.42%Best |
| 5Y Return (annualized) | - | +12.12% |
| Volatility (annualized) | 6.8%Best | 11.3% |
| Max Drawdown | -8.8%Best | -14.5% |
| $10,000 over 3.8 years | $14,685 | $15,836Best |
| Fund Family | AllianzIM | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Nov 30, 2022 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 1, 2022 to Sep 17, 2026 (3.8 years).
DECW 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 3.8 years both funds cover.
DECW vs VYM Performance
AllianzIM US Equity Buffer20 Dec ETF (DECW) is an ETF from AllianzIM and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DECW returned +11.01% while VYM returned +16.61%. Year to date, DECW is up 7.12% versus a gain of 12.29% for VYM.
Over three years, DECW compounded at +10.87% per year against +17.42% for VYM. Across the full 4-year window we track, VYM has the edge at +12.86% annualized vs +10.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 11.3% compared with 6.8% for DECW. 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 -8.8% for DECW and -14.5% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DECW charges 0.74% per year while VYM charges 0.04%. On a $10,000 position that is $74 vs $4 annually, a gap of $70 per year that compounds over a long holding period. On income, DECW currently yields 0.00% against 2.22% for VYM.
You are not choosing between two funds in isolation.
Whichever of DECW 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, DECW or VYM?
DECW has an expense ratio of 0.74% while VYM charges 0.04%. VYM is the cheaper option, by $70 a year on a $10,000 investment.
Which performed better, DECW or VYM?
Over the past year DECW returned +11.01% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), DECW annualized +10.64% vs +12.86% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DECW or VYM?
VYM has been the more volatile fund at 11.3% annualized versus 6.8% for DECW. Worst drawdown: DECW -8.8% vs VYM -14.5%.
Should I hold both DECW and VYM?
DECW and VYM have a monthly-return correlation of 0.69, 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, DECW or VYM?
DECW yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than DECW?
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.