DMB vs VYM
BNY Mellon Municipal Bond Infrastructure Fund, Inc. vs Vanguard High Dividend Yield ETF
Which is better, DMB or VYM?
Municipal Bond against Large Cap Value.
VYM led over 1Y, 3Y, 5Y and the full window.
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 | DMB | VYM |
|---|---|---|
| Expense Ratio | - | 0.04% |
| AUM | $284M | $81.6B |
| Dividend Yield | 4.51% | 2.22% |
| Holdings | 203 | 613 |
| YTD Return | -3.21% | +13.15%Best |
| 1Y Return | +2.48% | +17.82%Best |
| 3Y Return (annualized) | +3.37% | +17.99%Best |
| 5Y Return (annualized) | -4.07% | +12.16%Best |
| Volatility (annualized) | 15.7% | 13.3%Best |
| Max Drawdown | -40.1% | -35.7%Best |
| $10,000 over 5 years | $8,124 | $17,750Best |
| Fund Family | BNY Mellon Investment Management | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Value |
| Inception | Apr 26, 2013 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 26, 2013 to Sep 10, 2026 (13.4 years).
DMB 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 13.4 years both funds cover.
DMB vs VYM Performance
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) is an ETF from BNY Mellon Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DMB returned +2.48% while VYM returned +17.82%. Year to date, DMB is down 3.21% versus a gain of 13.15% for VYM.
Over three years, DMB compounded at +3.37% per year against +17.99% for VYM; over five years the annualized figures are -4.07% and +12.16% respectively. Across the full 13-year window we track, VYM has the edge at +9.55% annualized vs -1.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DMB has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 13.3% 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 -40.1% for DMB 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 0.32. They move together some of the time, and apart the rest.
Holdings Overlap
We hold position weights for 100 holdings in DMB and 603 in VYM, totalling 51.1% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in DMB and 603 in VYM, against full books of 203 and 613.
You are not choosing between two funds in isolation.
Whichever of DMB 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 performed better, DMB or VYM?
Over the past year DMB returned +2.48% vs +17.82% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (13 years), DMB annualized -1.06% vs +9.55% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DMB or VYM?
DMB has been the more volatile fund at 15.7% annualized versus 13.3% for VYM. Worst drawdown: DMB -40.1% vs VYM -35.7%.
Should I hold both DMB and VYM?
DMB and VYM have a monthly-return correlation of 0.32, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DMB or VYM?
DMB yields 4.51% while VYM yields 2.22%, so DMB currently pays the higher dividend yield.
Is VYM better than DMB?
VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.