DIVE vs VYM
Dana Concentrated Dividend ETF vs Vanguard High Dividend Yield ETF
Which is better, DIVE or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 44.4%.
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 | DIVE | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $48M | $81.6B |
| Dividend Yield | 1.01% | 2.22% |
| Holdings | 36 | 613 |
| YTD Return | +7.85% | +12.29%Best |
| 1Y Return | +10.90% | +16.61%Best |
| 3Y Return (annualized) | - | +17.42% |
| 5Y Return (annualized) | - | +12.12% |
| Volatility (annualized) | 13.5% | 9.9%Best |
| Max Drawdown | -11.4% | -6.7%Best |
| $10,000 over 1 years | $11,104 | $11,680Best |
| Top 10 Weight | 44.4% | 26.1%Best |
| Fund Family | Dana Investment Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 15, 2025 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 16, 2025 to Sep 17, 2026 (1 years).
DIVE 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 1 years both funds cover.
DIVE vs VYM Performance
Dana Concentrated Dividend ETF (DIVE) is an ETF from Dana Investment Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DIVE returned +10.90% while VYM returned +16.61%. Year to date, DIVE is up 7.85% versus a gain of 12.29% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVE has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 9.9% 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 -11.4% for DIVE and -6.7% 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVE charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, DIVE currently yields 1.01% against 2.22% for VYM.
Holdings Overlap
55.0% of DIVE's money is in holdings VYM also owns. 11.5% of VYM's money is in holdings DIVE also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 35 positions we hold weights for in DIVE and 557 in VYM, against full books of 36 and 613.
What only one of them owns
Measured across the 35 and 557 positions we hold weights for.
VYM holds 510 positions DIVE does not, 85.6% of the fund.
Largest: AVGO 7.35%, JPM 3.82%, XOM 2.63%, JNJ 2.51%, BAC 1.66%
Top Shared Holdings
| Stock | Weight in DIVE | Weight in VYM | Difference |
|---|---|---|---|
| PMPhilip Morris International Inc. | 6.30% | 1.21% | 5.09% |
| ABBVAbbvie Inc. | 3.37% | 1.80% | 1.57% |
| COFCapital One Financial Corp. | 4.44% | 0.53% | 3.91% |
| WFCWells Fargo & Co. | 3.22% | 1.07% | 2.15% |
| KDPKeurig Dr Pepper, Inc. | 3.99% | 0.16% | 3.83% |
| ELVElevance Health Inc | 3.77% | 0.32% | 3.45% |
| MRKMerck & Company Inc | 2.62% | 1.31% | 1.31% |
| GPCGenuine Parts Co. | 3.68% | 0.07% | 3.61% |
| NEENextera Energy Inc | 2.71% | 0.74% | 1.97% |
| DGDollar General Corp. | 3.23% | 0.11% | 3.12% |
55.0% of DIVE is already inside VYM.
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, DIVE or VYM?
DIVE has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, DIVE or VYM?
Over the past year DIVE returned +10.90% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DIVE annualized +11.04% vs +16.80% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVE or VYM?
DIVE has been the more volatile fund at 13.5% annualized versus 9.9% for VYM. Worst drawdown: DIVE -11.4% vs VYM -6.7%.
Should I hold both DIVE and VYM?
DIVE and VYM have a monthly-return correlation of 0.78, 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 DIVE and VYM?
55.0% of DIVE's money is in holdings VYM also owns. 11.5% of VYM's is in holdings DIVE also owns. They hold 18 positions in common, counted across the 35 positions we hold weights for in DIVE and 557 in VYM.
Which pays a higher dividend, DIVE or VYM?
DIVE yields 1.01% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than DIVE?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 44.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.