DVXY vs VYM
WEBs Consumer Discretionary XLY Defined Volatility ETF 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 616 holdings.
Side-by-Side Comparison
| Metric | DVXY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.89% | 0.04% | |
| AUM | $113,444 | $81.6B | |
| Dividend Yield | 0.00% | 2.24% | |
| Holdings | 4 | 616 | |
| YTD Return | -9.36% | +16.42% | |
| 1Y Return | -5.76% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 18.8% | 14.6% | |
| Max Drawdown | -24.3% | -58.8% | |
| Fund Family | WEBs Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Nov 10, 2006 |
DVXY vs VYM Performance
WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) is a ETF from WEBs Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DVXY returned -5.76% while VYM returned +24.22%. Year to date, DVXY is down 9.36% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
DVXY has been the more volatile fund, with annualized monthly volatility of 18.8% 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 -24.3% for DVXY 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DVXY 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, DVXY currently yields 0.00% against 2.24% for VYM.
Holdings Overlap
DVXY 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, DVXY or VYM?
DVXY 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, DVXY or VYM?
Over the past year DVXY returned -5.76% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DVXY annualized -5.48% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, DVXY or VYM?
DVXY has been the more volatile fund at 18.8% annualized versus 14.6% for VYM. Worst drawdown: DVXY -24.3% vs VYM -58.8%.
Should I hold both DVXY and VYM?
DVXY and VYM have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DVXY and VYM?
DVXY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, DVXY or VYM?
DVXY yields 0.00% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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