DYLD vs VYM
LeaderShares Dynamic Yield ETF vs Vanguard High Dividend Yield ETF
Which is better, DYLD or VYM?
Diversified Sectoral Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 57.5%.
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 | DYLD | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $39M | $81.6B |
| Dividend Yield | 4.25% | 2.22% |
| Holdings | 174 | 613 |
| YTD Return | +0.98% | +10.96%Best |
| 1Y Return | +1.63% | +15.42%Best |
| 3Y Return (annualized) | +4.63% | +17.78%Best |
| 5Y Return (annualized) | +0.51% | +12.05%Best |
| Volatility (annualized) | 4.9%Best | 13.6% |
| Max Drawdown | -15.0%Best | -15.8% |
| $10,000 over 5 years | $10,258 | $17,663Best |
| Top 10 Weight | 57.5% | 26.1%Best |
| Fund Family | LeaderShares | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Value |
| Inception | Jun 28, 2021 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 22, 2026 (5.2 years).
DYLD 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 5.2 years both funds cover.
DYLD vs VYM Performance
LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DYLD returned +1.63% while VYM returned +15.42%. Year to date, DYLD is up 0.98% versus a gain of 10.96% for VYM.
Over three years, DYLD compounded at +4.63% per year against +17.78% for VYM; over five years the annualized figures are +0.51% and +12.05% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 4.9% for DYLD. 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 -15.0% for DYLD and -15.8% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DYLD charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, DYLD currently yields 4.25% against 2.22% for VYM.
Holdings Overlap
52.3% of DYLD's money is in holdings VYM also owns. 10.4% of VYM's money is in holdings DYLD also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 33 positions we hold weights for in DYLD and 557 in VYM, against full books of 174 and 613.
What only one of them owns
Our book lists 514 positions for VYM that do not appear in our book for DYLD (86.7% of the fund), and 14 for DYLD that do not appear in VYM (45.2%).
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 DYLD | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxonmobil Holdings Corp Common Stock Usd | 8.15% | 2.63% | 5.52% |
| AMGNAmgen Inc. | 9.36% | 0.78% | 8.58% |
| JPMJpmorgan Chase | 4.30% | 3.82% | 0.48% |
| NEENextera Energy Inc | 4.73% | 0.74% | 3.99% |
| MSMorgan Stanley | 4.10% | 0.96% | 3.14% |
| MPCMarathon Petroleum Corp | 4.57% | 0.38% | 4.19% |
| CFCf Industries Holdings Inc. | 4.59% | 0.08% | 4.51% |
| CNPCenterpoint Energy Inc. | 4.05% | 0.11% | 3.94% |
| FISFidelity National Information Srvcs Inc | 2.84% | 0.09% | 2.75% |
| STTState Street Corp. | 2.34% | 0.20% | 2.14% |
52.3% of DYLD is already inside VYM.
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, DYLD or VYM?
DYLD has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, DYLD or VYM?
Over the past year DYLD returned +1.63% vs +15.42% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLD or VYM?
VYM has been the more volatile fund at 13.6% annualized versus 4.9% for DYLD. Worst drawdown: DYLD -15.0% vs VYM -15.8%.
Should I hold both DYLD and VYM?
DYLD and VYM have a monthly-return correlation of 0.63, 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 DYLD and VYM?
52.3% of DYLD's money is in holdings VYM also owns. 10.4% of VYM's is in holdings DYLD also owns. They hold 14 positions in common, counted across the 33 positions we hold weights for in DYLD and 557 in VYM.
Which pays a higher dividend, DYLD or VYM?
DYLD yields 4.25% while VYM yields 2.22%, so DYLD currently pays the higher dividend yield.
Is VYM better than DYLD?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 57.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.