DFGP vs VYM
Dimensional Global Core Plus Fixed Income ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. DFGP offers more diversification with 853 holdings.
Side-by-Side Comparison
| Metric | DFGP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.22% | 0.04% | |
| AUM | $3.4B | $79.0B | |
| Dividend Yield | 4.41% | 2.86% | |
| Holdings | 1,422 | 568 | |
| YTD Return | +0.94% | +16.16% | |
| 1Y Return | +2.81% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 4.6% | 14.6% | |
| Max Drawdown | -3.2% | -58.8% | |
| Fund Family | Dimensional | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 7, 2023 | Nov 10, 2006 |
DFGP vs VYM Performance
Dimensional Global Core Plus Fixed Income ETF (DFGP) is a ETF from Dimensional and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DFGP returned +2.81% while VYM returned +26.05%. Year to date, DFGP is up 0.94% versus a gain of 16.16% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 4.6% for DFGP. 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 -3.2% for DFGP 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DFGP charges 0.22% per year while VYM charges 0.04%. On a $10,000 position that is $22 vs $4 annually, a gap of $18 per year that compounds over a long holding period. On income, DFGP currently yields 4.41% against 2.86% for VYM.
Holdings Overlap
DFGP and VYM share 0 holdings out of 1411 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, DFGP or VYM?
DFGP has an expense ratio of 0.22% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
Which performed better, DFGP or VYM?
Over the past year DFGP returned +2.81% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), DFGP annualized +6.75% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, DFGP or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 4.6% for DFGP. Worst drawdown: DFGP -3.2% vs VYM -58.8%.
Should I hold both DFGP and VYM?
DFGP and VYM have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DFGP and VYM?
DFGP and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1411 unique securities.
Which pays a higher dividend, DFGP or VYM?
DFGP yields 4.41% while VYM yields 2.86%, so DFGP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.