DGCB vs VYM
Dimensional Global Credit ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. DGCB offers more diversification with 718 holdings.
Side-by-Side Comparison
| Metric | DGCB | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.04% | |
| AUM | $1.1B | $79.0B | |
| Dividend Yield | 3.98% | 2.86% | |
| Holdings | 1,147 | 568 | |
| YTD Return | +0.99% | +16.16% | |
| 1Y Return | +3.08% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 4.4% | 14.6% | |
| Max Drawdown | -3.1% | -58.8% | |
| Fund Family | Dimensional | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 7, 2023 | Nov 10, 2006 |
DGCB vs VYM Performance
Dimensional Global Credit ETF (DGCB) is a ETF from Dimensional and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DGCB returned +3.08% while VYM returned +26.05%. Year to date, DGCB is up 0.99% 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 4.4% for DGCB. 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 -3.1% for DGCB 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DGCB 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, DGCB currently yields 3.98% against 2.86% for VYM.
Holdings Overlap
DGCB and VYM share 0 holdings out of 1276 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, DGCB or VYM?
DGCB has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, DGCB or VYM?
Over the past year DGCB returned +3.08% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), DGCB annualized +7.60% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, DGCB or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 4.4% for DGCB. Worst drawdown: DGCB -3.1% vs VYM -58.8%.
Should I hold both DGCB and VYM?
DGCB and VYM have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DGCB and VYM?
DGCB and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1276 unique securities.
Which pays a higher dividend, DGCB or VYM?
DGCB yields 3.98% while VYM yields 2.86%, so DGCB 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.