DVXV vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: DVXVMore Diversified: VYM

Side-by-Side Comparison

MetricDVXVVYMWinner
Expense Ratio0.89%0.04%
AUM$491,839$79.0B
Dividend Yield0.00%2.86%
Holdings2568
YTD Return+6.32%+15.80%
1Y Return+43.88%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)21.8%14.6%
Max Drawdown-14.4%-58.8%
Fund FamilyWEBs InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJul 22, 2025Nov 10, 2006

DVXV vs VYM Performance

WEBs Health Care XLV Defined Volatility ETF (DVXV) is a ETF from WEBs Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DVXV returned +43.88% while VYM returned +26.12%. Year to date, DVXV is up 6.32% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

DVXV has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -14.4% for DVXV 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXV charges 0.89% per year while VYM charges 0.04%. On a $10,000 position that is $89 vs $4 annually, a gap of $85 per year that compounds over a long holding period. On income, DVXV currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DVXV 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, DVXV or VYM?

DVXV has an expense ratio of 0.89% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $85 per year of difference.

Which performed better, DVXV or VYM?

Over the past year DVXV returned +43.88% vs +26.12% for VYM, so DVXV leads on 1-year performance. Over the longest common window we track (1 years), DVXV annualized +33.03% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, DVXV or VYM?

DVXV has been the more volatile fund at 21.8% annualized versus 14.6% for VYM. Worst drawdown: DVXV -14.4% vs VYM -58.8%.

Should I hold both DVXV and VYM?

DVXV and VYM have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXV and VYM?

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

Which pays a higher dividend, DVXV or VYM?

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

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