EMCR vs VYM
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF vs Vanguard High Dividend Yield ETF
Which is better, EMCR or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. EMCR led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 33.4%.
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 | EMCR | VYM |
|---|---|---|
| Expense Ratio | 0.15% | 0.04%Best |
| AUM | $62M | $81.6B |
| Dividend Yield | 1.59% | 2.24% |
| Holdings | 1,373 | 613 |
| YTD Return | +18.33%Best | +14.82% |
| 1Y Return | +34.01%Best | +20.84% |
| 3Y Return (annualized) | +22.55%Best | +18.64% |
| 5Y Return (annualized) | +8.02% | +12.28%Best |
| Volatility (annualized) | 16.9% | 15.1%Best |
| Max Drawdown | -34.3%Best | -35.7% |
| $10,000 over 5 years | $14,707 | $17,845Best |
| Top 10 Weight | 33.4% | 25.9%Best |
| Fund Family | Xtrackers ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 4, 2018 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 6, 2018 to Sep 4, 2026 (7.7 years).
EMCR 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 7.7 years both funds cover.
EMCR vs VYM Performance
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is an ETF from Xtrackers ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year EMCR returned +34.01% while VYM returned +20.84%. Year to date, EMCR is up 18.33% versus a gain of 14.82% for VYM.
Over three years, EMCR compounded at +22.55% per year against +18.64% for VYM; over five years the annualized figures are +8.02% and +12.28% respectively. Across the full 8-year window we track, VYM has the edge at +11.30% annualized vs +10.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMCR has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.1% 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 -34.3% for EMCR 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMCR charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, EMCR currently yields 1.59% against 2.24% for VYM.
Holdings Overlap
0.1% of EMCR's money is in holdings VYM also owns. 0.3% of VYM's money is in holdings EMCR also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 1,350 positions we hold weights for in EMCR and 602 in VYM, against full books of 1,373 and 613.
What only one of them owns
Our book lists 566 positions for VYM that do not appear in our book for EMCR (97.0% of the fund), and 11 for EMCR that do not appear in VYM (0.5%).
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.
You are not choosing between two funds in isolation.
Whichever of EMCR and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMCR or VYM?
EMCR has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, EMCR or VYM?
Over the past year EMCR returned +34.01% vs +20.84% for VYM, so EMCR leads on 1-year performance. Over the longest common window we track (8 years), EMCR annualized +10.53% vs +11.30% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMCR or VYM?
EMCR has been the more volatile fund at 16.9% annualized versus 15.1% for VYM. Worst drawdown: EMCR -34.3% vs VYM -35.7%.
Should I hold both EMCR and VYM?
EMCR and VYM have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMCR or VYM?
EMCR yields 1.59% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than EMCR?
VYM has a lower expense ratio. EMCR led over 1Y and 3Y, VYM over 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 33.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.