DSM vs VXUS
BNY Mellon Strategic Municipal Bond Fund Inc vs Vanguard Total International Stock ETF
Which is better, DSM or VXUS?
Municipal Bond against Large Cap Blend.
VXUS has a lower expense ratio. VXUS 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 | DSM | VXUS |
|---|---|---|
| Expense Ratio | 1.09% | 0.05%Best |
| AUM | $362M | $158.1B |
| Dividend Yield | 4.74% | 2.59% |
| Holdings | 231 | 8,747 |
| YTD Return | -4.24% | +16.15%Best |
| 1Y Return | +6.16% | +27.58%Best |
| 3Y Return (annualized) | +6.49% | +20.48%Best |
| 5Y Return (annualized) | -3.05% | +9.09%Best |
| Volatility (annualized) | 12.6%Best | 15.0% |
| Max Drawdown | -45.6% | -39.9%Best |
| $10,000 over 5 years | $8,565 | $15,450Best |
| Fund Family | BNY Mellon Investment Management | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Nov 22, 1989 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 28, 2011 to Sep 4, 2026 (15.6 years).
DSM vs VXUS 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 15.6 years both funds cover.
DSM vs VXUS Performance
BNY Mellon Strategic Municipal Bond Fund Inc (DSM) is an ETF from BNY Mellon Investment Management and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year DSM returned +6.16% while VXUS returned +27.58%. Year to date, DSM is down 4.24% versus a gain of 16.15% for VXUS.
Over three years, DSM compounded at +6.49% per year against +20.48% for VXUS; over five years the annualized figures are -3.05% and +9.09% respectively. Across the full 16-year window we track, VXUS has the edge at +4.93% annualized vs -0.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 12.6% for DSM. 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 -45.6% for DSM and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DSM charges 1.09% per year while VXUS charges 0.05%. On a $10,000 position that is $109 vs $5 annually, a gap of $104 per year that compounds over a long holding period. On income, DSM currently yields 4.74% against 2.59% for VXUS.
Holdings Overlap
We hold position weights for 104 holdings in DSM and 8,094 in VXUS, totalling 41.7% and 87.7% 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 104 positions we hold weights for in DSM and 8,094 in VXUS, against full books of 231 and 8,747.
You are not choosing between two funds in isolation.
Whichever of DSM and VXUS 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 is cheaper, DSM or VXUS?
DSM has an expense ratio of 1.09% while VXUS charges 0.05%. VXUS is the cheaper option, by $104 a year on a $10,000 investment.
Which performed better, DSM or VXUS?
Over the past year DSM returned +6.16% vs +27.58% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (16 years), DSM annualized -0.16% vs +4.93% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSM or VXUS?
VXUS has been the more volatile fund at 15.0% annualized versus 12.6% for DSM. Worst drawdown: DSM -45.6% vs VXUS -39.9%.
Should I hold both DSM and VXUS?
DSM and VXUS have a monthly-return correlation of 0.39, 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, DSM or VXUS?
DSM yields 4.74% while VXUS yields 2.59%, so DSM currently pays the higher dividend yield.
Is VXUS better than DSM?
VXUS has a lower expense ratio. VXUS 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.