DFVE vs VYM
DoubleLine Fortune 500 Equal Weight ETF vs Vanguard High Dividend Yield ETF
Which is better, DFVE or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. DFVE led over 1Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.96. DFVE is less concentrated, with 2.3% of the fund in its ten largest positions against 26.1%.
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 | DFVE | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $37M | $81.6B |
| Dividend Yield | 1.34% | 2.22% |
| Holdings | 469 | 613 |
| YTD Return | +12.20%Best | +11.35% |
| 1Y Return | +15.67%Best | +15.34% |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 12.7% | 10.6%Best |
| Max Drawdown | -19.4% | -14.5%Best |
| $10,000 over 2.6 years | $14,670 | $14,951Best |
| Top 10 Weight | 2.3%Best | 26.1% |
| Fund Family | DoubleLine Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 31, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 1, 2024 to Sep 18, 2026 (2.6 years).
DFVE 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 2.6 years both funds cover.
DFVE vs VYM Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DFVE returned +15.67% while VYM returned +15.34%. Year to date, DFVE is up 12.20% versus a gain of 11.35% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFVE has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 10.6% 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 -19.4% for DFVE 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFVE charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, DFVE currently yields 1.34% against 2.22% for VYM.
Holdings Overlap
53.0% of DFVE's money is in holdings VYM also owns. 83.9% of VYM's money is in holdings DFVE also owns.
Most of VYM is already inside DFVE. Owning both mostly buys the same companies twice.
246 positions in common, counted across the 469 positions we hold weights for in DFVE and 557 in VYM, against full books of 469 and 613.
What only one of them owns
Our book lists 283 positions for VYM that do not appear in our book for DFVE (13.2% of the fund), and 218 for DFVE that do not appear in VYM (46.8%).
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
| Stock | Weight in DFVE | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.22% | 7.35% | 7.13% |
| JPMJpmorgan Chase | 0.22% | 3.82% | 3.60% |
| XOMExxon Mobil Corp. | 0.23% | 2.63% | 2.40% |
| JNJJohnson & Johnson - Common | 0.22% | 2.51% | 2.29% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.22% | 1.86% | 1.64% |
| ABBVAbbvie Inc. | 0.22% | 1.80% | 1.58% |
| BACBank of America Corp.: Financials | 0.22% | 1.66% | 1.44% |
| UNHUnitedhealth Group Incorporated | 0.22% | 1.52% | 1.30% |
| CATCaterpillar, Inc. | 0.22% | 1.50% | 1.28% |
| CVXChevron Corp | 0.22% | 1.48% | 1.26% |
83.9% of VYM is already inside DFVE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFVE or VYM?
DFVE has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, DFVE or VYM?
Over the past year DFVE returned +15.67% vs +15.34% for VYM, so DFVE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or VYM?
DFVE has been the more volatile fund at 12.7% annualized versus 10.6% for VYM. Worst drawdown: DFVE -19.4% vs VYM -14.5%.
Should I hold both DFVE and VYM?
DFVE and VYM have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DFVE and VYM?
83.9% of VYM's money is in holdings DFVE also owns. 83.9% of VYM's is in holdings DFVE also owns. They hold 246 positions in common, counted across the 469 positions we hold weights for in DFVE and 557 in VYM.
Which pays a higher dividend, DFVE or VYM?
DFVE yields 1.34% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than DFVE?
VYM has a lower expense ratio. DFVE led over 1Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.96. DFVE is less concentrated, with 2.3% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.