ELCV vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: ELCVMore Diversified: VYM

Side-by-Side Comparison

MetricELCVVYMWinner
Expense Ratio0.49%0.04%
AUM$251M$79.0B
Dividend Yield2.06%2.86%
Holdings47568
YTD Return+21.26%+16.53%
1Y Return+27.07%+25.03%
3Y Return (annualized)-+18.54%
5Y Return (annualized)-+12.25%
Volatility (annualized)13.9%14.6%
Max Drawdown-18.4%-58.8%
Fund FamilyEventideVanguard (US)
CategoryEquityEquity
InceptionSep 30, 2024Nov 10, 2006

ELCV vs VYM Performance

Eventide High Dividend ETF (ELCV) is a ETF from Eventide and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year ELCV returned +27.07% while VYM returned +25.03%. Year to date, ELCV is up 21.26% versus a gain of 16.53% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.9% for ELCV. 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 -18.4% for ELCV 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ELCV charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, ELCV currently yields 2.06% against 2.86% for VYM.

Holdings Overlap

16.8%overlap

ELCV and VYM share 26 holdings out of 578 unique holdings combined, representing a 16.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ELCVWeight in VYMDifference
AVGO2.79%6.47%3.68%
XOM3.55%2.83%0.72%
ETR4.94%0.21%4.73%
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Frequently Asked Questions

Which is cheaper, ELCV or VYM?

ELCV has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $45 per year of difference.

Which performed better, ELCV or VYM?

Over the past year ELCV returned +27.07% vs +25.03% for VYM, so ELCV leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +16.47% vs +7.10% for VYM. Past performance does not guarantee future results.

Which is riskier, ELCV or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 13.9% for ELCV. Worst drawdown: ELCV -18.4% vs VYM -58.8%.

Should I hold both ELCV and VYM?

ELCV and VYM have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ELCV and VYM?

ELCV and VYM share 26 common holdings with a 16.8% weight overlap. Combined, they hold 578 unique securities.

Which pays a higher dividend, ELCV or VYM?

ELCV yields 2.06% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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