EFAX vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. EFAX offers more diversification with 671 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: EFAX

Side-by-Side Comparison

MetricEFAXVYMWinner
Expense Ratio0.20%0.04%
AUM$518M$81.6B
Dividend Yield3.12%2.24%
Holdings671616
YTD Return+12.31%+16.42%
1Y Return+20.24%+24.22%
3Y Return (annualized)+18.69%+19.03%
5Y Return (annualized)+8.53%+12.21%
Volatility (annualized)15.3%14.6%
Max Drawdown-36.2%-58.8%
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryEquityEquity
InceptionOct 24, 2016Nov 10, 2006

EFAX vs VYM Performance

State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is a ETF from SPDR State Street Global Advisors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EFAX returned +20.24% while VYM returned +24.22%. Year to date, EFAX is up 12.31% versus a gain of 16.42% for VYM.

Over three years, EFAX compounded at +18.69% per year against +19.03% for VYM; over five years the annualized figures are +8.53% and +12.21% respectively. Across the full 10-year window we track, EFAX has the edge at +8.24% annualized vs +7.10%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EFAX has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -36.2% for EFAX 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EFAX charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, EFAX currently yields 3.12% against 2.24% for VYM.

Holdings Overlap

0.2%overlap

EFAX and VYM share 4 holdings out of 1228 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EFAXWeight in VYMDifference
ADP0.02%0.37%0.35%
HBAN0.10%0.15%0.05%
TIGO:LU0.04%0.03%0.01%
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Frequently Asked Questions

Which is cheaper, EFAX or VYM?

EFAX has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which performed better, EFAX or VYM?

Over the past year EFAX returned +20.24% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), EFAX annualized +8.24% vs +7.10% for VYM. Past performance does not guarantee future results.

Which is riskier, EFAX or VYM?

EFAX has been the more volatile fund at 15.3% annualized versus 14.6% for VYM. Worst drawdown: EFAX -36.2% vs VYM -58.8%.

Should I hold both EFAX and VYM?

EFAX and VYM have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EFAX and VYM?

EFAX and VYM share 4 common holdings with a 0.2% weight overlap. Combined, they hold 1228 unique securities.

Which pays a higher dividend, EFAX or VYM?

EFAX yields 3.12% while VYM yields 2.24%, so EFAX currently pays the higher dividend yield.

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