DIEM vs VYM
Franklin Emerging Market Core Dividend Tilt Index ETF vs Vanguard High Dividend Yield ETF
Which is better, DIEM or VYM?
Each has led over a different period.
VYM has a lower expense ratio. DIEM led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 33.3%.
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 | DIEM | VYM |
|---|---|---|
| Expense Ratio | 0.19% | 0.04%Best |
| AUM | $95M | $81.6B |
| Dividend Yield | 2.87% | 2.22% |
| Holdings | 569 | 613 |
| YTD Return | +29.53%Best | +13.91% |
| 1Y Return | +40.32%Best | +17.57% |
| 3Y Return (annualized) | +27.64%Best | +18.12% |
| 5Y Return (annualized) | +11.95% | +12.17%Best |
| Volatility (annualized) | 15.6% | 14.1%Best |
| Max Drawdown | -44.4% | -35.7%Best |
| $10,000 over 5 years | $17,584 | $17,758Best |
| Top 10 Weight | 33.3% | 25.9%Best |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 1, 2016 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2016 to Sep 11, 2026 (10.3 years).
DIEM 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 10.3 years both funds cover.
DIEM vs VYM Performance
Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) is an ETF from Franklin Templeton Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DIEM returned +40.32% while VYM returned +17.57%. Year to date, DIEM is up 29.53% versus a gain of 13.91% for VYM.
Over three years, DIEM compounded at +27.64% per year against +18.12% for VYM; over five years the annualized figures are +11.95% and +12.17% respectively. Across the full 10-year window we track, VYM has the edge at +10.14% annualized vs +7.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIEM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.1% 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 -44.4% for DIEM and -35.7% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIEM charges 0.19% per year while VYM charges 0.04%. On a $10,000 position that is $19 vs $4 annually, a gap of $15 per year that compounds over a long holding period. On income, DIEM currently yields 2.87% against 2.22% for VYM.
Holdings Overlap
0.6% of DIEM's money is in holdings VYM also owns. 1.6% of VYM's money is in holdings DIEM also owns.
VYM and DIEM share little of their money.
3 positions in common, counted across the 511 positions we hold weights for in DIEM and 603 in VYM, against full books of 569 and 613.
What only one of them owns
Our book lists 567 positions for VYM that do not appear in our book for DIEM (96.1% of the fund), and 4 for DIEM that do not appear in VYM (0.7%).
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.
You are not choosing between two funds in isolation.
Whichever of DIEM 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, DIEM or VYM?
DIEM has an expense ratio of 0.19% while VYM charges 0.04%. VYM is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, DIEM or VYM?
Over the past year DIEM returned +40.32% vs +17.57% for VYM, so DIEM leads on 1-year performance. Over the longest common window we track (10 years), DIEM annualized +7.60% vs +10.14% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIEM or VYM?
DIEM has been the more volatile fund at 15.6% annualized versus 14.1% for VYM. Worst drawdown: DIEM -44.4% vs VYM -35.7%.
Should I hold both DIEM and VYM?
DIEM and VYM have a monthly-return correlation of 0.67, 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 DIEM and VYM?
1.6% of VYM's money is in holdings DIEM also owns. 1.6% of VYM's is in holdings DIEM also owns. They hold 3 positions in common, counted across the 511 positions we hold weights for in DIEM and 603 in VYM.
Which pays a higher dividend, DIEM or VYM?
DIEM yields 2.87% while VYM yields 2.22%, so DIEM currently pays the higher dividend yield.
Is VYM better than DIEM?
VYM has a lower expense ratio. DIEM led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.