DWLD vs VYM
Davis Select Worldwide ETF vs Vanguard High Dividend Yield ETF
Which is better, DWLD or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. DWLD led over 3Y and the full window, VYM over 1Y and 5Y. DWLD is less concentrated, with 25.8% of the fund in its ten largest positions against 25.9%.
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 | DWLD | VYM |
|---|---|---|
| Expense Ratio | 0.62% | 0.04%Best |
| AUM | $607M | $81.6B |
| Dividend Yield | 0.87% | 2.24% |
| Holdings | 40 | 613 |
| YTD Return | -0.55% | +14.33%Best |
| 1Y Return | +6.74% | +20.01%Best |
| 3Y Return (annualized) | +18.91%Best | +18.43% |
| 5Y Return (annualized) | +9.57% | +12.16%Best |
| Volatility (annualized) | 18.6% | 14.4%Best |
| Max Drawdown | -39.3% | -35.7%Best |
| $10,000 over 5 years | $15,793 | $17,750Best |
| Top 10 Weight | 25.8%Best | 25.9% |
| Fund Family | Davis ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 11, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jan 12, 2017 to Sep 8, 2026 (9.7 years).
DWLD vs VYM 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 9.7 years both funds cover.
DWLD vs VYM Performance
Davis Select Worldwide ETF (DWLD) is an ETF from Davis ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DWLD returned +6.74% while VYM returned +20.01%. Year to date, DWLD is down 0.55% versus a gain of 14.33% for VYM.
Over three years, DWLD compounded at +18.91% per year against +18.43% for VYM; over five years the annualized figures are +9.57% and +12.16% respectively. Across the full 10-year window we track, DWLD has the edge at +10.42% annualized vs +10.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWLD has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 14.4% 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 -39.3% for DWLD and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWLD charges 0.62% per year while VYM charges 0.04%. On a $10,000 position that is $62 vs $4 annually, a gap of $58 per year that compounds over a long holding period. On income, DWLD currently yields 0.87% against 2.24% for VYM.
Holdings Overlap
22.4% of DWLD's money is in holdings VYM also owns. 85.1% of VYM's money is in holdings DWLD also owns.
Most of VYM is already inside DWLD. Owning both mostly buys the same companies twice.
219 positions in common, counted across the 1,427 positions we hold weights for in DWLD and 602 in VYM, against full books of 40 and 613.
What only one of them owns
Our book lists 351 positions for VYM that do not appear in our book for DWLD (12.7% of the fund), and 267 for DWLD that do not appear in VYM (45.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DWLD | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.01% | 7.29% | 5.28% |
| JPMJpmorgan Chase & Co. | 1.00% | 3.38% | 2.38% |
| JNJJohnson & Johnson - Common | 0.64% | 2.54% | 1.90% |
| XOMExxon Mobil Corp | 0.66% | 2.36% | 1.70% |
| CSCOCisco Systems Inc | 0.50% | 1.93% | 1.43% |
| CATCaterpillar, Inc. | 0.41% | 2.01% | 1.60% |
| ABBVAbbvie Inc. | 0.44% | 1.85% | 1.41% |
| BACBank Of America Corp Preferred Stock 6.5 | 0.43% | 1.56% | 1.13% |
| UNHUnitedhealth Group | 0.38% | 1.56% | 1.18% |
| HDHome Depot Inc/The | 0.35% | 1.46% | 1.11% |
85.1% of VYM is already inside DWLD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DWLD or VYM?
DWLD has an expense ratio of 0.62% while VYM charges 0.04%. VYM is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, DWLD or VYM?
Over the past year DWLD returned +6.74% vs +20.01% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), DWLD annualized +10.42% vs +10.11% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWLD or VYM?
DWLD has been the more volatile fund at 18.6% annualized versus 14.4% for VYM. Worst drawdown: DWLD -39.3% vs VYM -35.7%.
Should I hold both DWLD and VYM?
DWLD and VYM have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DWLD and VYM?
85.1% of VYM's money is in holdings DWLD also owns. 85.1% of VYM's is in holdings DWLD also owns. They hold 219 positions in common, counted across the 1,427 positions we hold weights for in DWLD and 602 in VYM.
Which pays a higher dividend, DWLD or VYM?
DWLD yields 0.87% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than DWLD?
VYM has a lower expense ratio. DWLD led over 3Y and the full window, VYM over 1Y and 5Y. DWLD is less concentrated, with 25.8% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.