DRAY vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricDRAYVYMWinner
Expense Ratio1.03%0.04%
AUM$4M$79.0B
Dividend Yield88.84%2.86%
Holdings11568
YTD Return-31.34%+15.80%
1Y Return-46.25%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)39.8%14.6%
Max Drawdown-57.9%-58.8%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionJul 14, 2025Nov 10, 2006

DRAY vs VYM Performance

YieldMax DKNG Option Income Strategy ETF (DRAY) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DRAY returned -46.25% while VYM returned +26.12%. Year to date, DRAY is down 31.34% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

DRAY has been the more volatile fund, with annualized monthly volatility of 39.8% compared with 14.6% 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 -57.9% for DRAY 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 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DRAY charges 1.03% per year while VYM charges 0.04%. On a $10,000 position that is $103 vs $4 annually, a gap of $99 per year that compounds over a long holding period. On income, DRAY currently yields 88.84% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DRAY and VYM share 0 holdings out of 561 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, DRAY or VYM?

DRAY has an expense ratio of 1.03% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $99 per year of difference.

Which performed better, DRAY or VYM?

Over the past year DRAY returned -46.25% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DRAY annualized -41.25% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, DRAY or VYM?

DRAY has been the more volatile fund at 39.8% annualized versus 14.6% for VYM. Worst drawdown: DRAY -57.9% vs VYM -58.8%.

Should I hold both DRAY and VYM?

DRAY and VYM have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DRAY and VYM?

DRAY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 561 unique securities.

Which pays a higher dividend, DRAY or VYM?

DRAY yields 88.84% while VYM yields 2.86%, so DRAY currently pays the higher dividend yield.

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