EMMF vs VYM
WisdomTree Emerging Markets Multifactor Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. EMMF delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | EMMF | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.48% | 0.04% | |
| AUM | $181M | $81.6B | |
| Dividend Yield | 2.02% | 2.24% | |
| Holdings | 204 | 616 | |
| YTD Return | +19.09% | +16.42% | |
| 1Y Return | +31.57% | +24.22% | |
| 3Y Return (annualized) | +20.06% | +19.03% | |
| 5Y Return (annualized) | +10.68% | +12.21% | |
| Volatility (annualized) | 14.3% | 14.6% | |
| Max Drawdown | -34.9% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 10, 2018 | Nov 10, 2006 |
EMMF vs VYM Performance
WisdomTree Emerging Markets Multifactor Fund (EMMF) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EMMF returned +31.57% while VYM returned +24.22%. Year to date, EMMF is up 19.09% versus a gain of 16.42% for VYM.
Over three years, EMMF compounded at +20.06% per year against +19.03% for VYM; over five years the annualized figures are +10.68% and +12.21% respectively. Across the full 8-year window we track, EMMF has the edge at +7.20% annualized vs +7.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.3% for EMMF. 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 -34.9% for EMMF 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMMF charges 0.48% per year while VYM charges 0.04%. On a $10,000 position that is $48 vs $4 annually, a gap of $44 per year that compounds over a long holding period. On income, EMMF currently yields 2.02% against 2.24% for VYM.
Holdings Overlap
EMMF and VYM share 0 holdings out of 807 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EMMF or VYM?
EMMF has an expense ratio of 0.48% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, EMMF or VYM?
Over the past year EMMF returned +31.57% vs +24.22% for VYM, so EMMF leads on 1-year performance. Over the longest common window we track (8 years), EMMF annualized +7.20% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, EMMF or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.3% for EMMF. Worst drawdown: EMMF -34.9% vs VYM -58.8%.
Should I hold both EMMF and VYM?
EMMF and VYM have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMMF and VYM?
EMMF and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 807 unique securities.
Which pays a higher dividend, EMMF or VYM?
EMMF yields 2.02% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.