DLNV vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: TiedMore Diversified: VYM

Side-by-Side Comparison

MetricDLNVVYMWinner
Expense Ratio0.85%0.04%
AUM$20M$79.0B
Dividend Yield0.00%2.86%
Holdings6568
YTD Return+7.35%+15.80%
1Y Return-+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)-14.6%
Max Drawdown-4.8%-58.8%
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryAlternativeEquity
InceptionNov 21, 2025Nov 10, 2006

DLNV vs VYM Performance

FT Vest US Equity Dual Directional Buffer ETF - November (DLNV) is a ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Year to date, DLNV is up 7.35% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -4.8% for DLNV and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

DLNV charges 0.85% per year while VYM charges 0.04%. On a $10,000 position that is $85 vs $4 annually, a gap of $81 per year that compounds over a long holding period. On income, DLNV currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DLNV and VYM share 0 holdings out of 559 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, DLNV or VYM?

DLNV has an expense ratio of 0.85% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $81 per year of difference.

What is the holdings overlap between DLNV and VYM?

DLNV and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, DLNV or VYM?

DLNV yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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