DOG vs VYM
ProShares Short Dow30 vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 613 holdings.
Side-by-Side Comparison
| Metric | DOG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.04% | |
| AUM | $104M | $81.6B | |
| Dividend Yield | 3.38% | 2.24% | |
| Holdings | 10 | 613 | |
| YTD Return | -7.10% | +14.57% | |
| 1Y Return | -11.63% | +21.08% | |
| 3Y Return (annualized) | -8.98% | +18.16% | |
| 5Y Return (annualized) | -5.53% | +12.00% | |
| Volatility (annualized) | 14.2% | 14.6% | |
| Max Drawdown | -93.3% | -58.8% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 19, 2006 | Nov 10, 2006 |
DOG vs VYM Performance
ProShares Short Dow30 (DOG) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DOG returned -11.63% while VYM returned +21.08%. Year to date, DOG is down 7.10% versus a gain of 14.57% for VYM.
Over three years, DOG compounded at -8.98% per year against +18.16% for VYM; over five years the annualized figures are -5.53% and +12.00% respectively. Across the full 20-year window we track, VYM has the edge at +6.99% annualized vs -11.24%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.2% for DOG. 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 -93.3% for DOG 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 -0.92. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DOG charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, DOG currently yields 3.38% against 2.24% for VYM.
Holdings Overlap
DOG and VYM share 0 holdings out of 604 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, DOG or VYM?
DOG has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, DOG or VYM?
Over the past year DOG returned -11.63% vs +21.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), DOG annualized -11.24% vs +6.99% for VYM. Past performance does not guarantee future results.
Which is riskier, DOG or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.2% for DOG. Worst drawdown: DOG -93.3% vs VYM -58.8%.
Should I hold both DOG and VYM?
DOG and VYM have a monthly-return correlation of -0.92, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DOG and VYM?
DOG and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, DOG or VYM?
DOG yields 3.38% while VYM yields 2.24%, so DOG currently pays the higher dividend yield.
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