EMNT vs VYM
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund vs Vanguard High Dividend Yield ETF
Which is better, EMNT or VYM?
Short Term High Quality against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | EMNT | VYM |
|---|---|---|
| Expense Ratio | 0.24% | 0.04%Best |
| AUM | $217M | $81.6B |
| Dividend Yield | 3.93% | 2.24% |
| Holdings | 236 | 613 |
| YTD Return | +2.23% | +14.82%Best |
| 1Y Return | +3.69% | +20.84%Best |
| 3Y Return (annualized) | +4.96% | +18.64%Best |
| 5Y Return (annualized) | +3.55% | +12.28%Best |
| Volatility (annualized) | 1.2%Best | 15.6% |
| Max Drawdown | -2.4%Best | -35.7% |
| $10,000 over 5 years | $11,906 | $17,845Best |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Short Term High Quality | Large Cap Value |
| Inception | Dec 10, 2019 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 12, 2019 to Sep 4, 2026 (6.7 years).
EMNT 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 6.7 years both funds cover.
EMNT vs VYM Performance
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is an ETF from PIMCO (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year EMNT returned +3.69% while VYM returned +20.84%. Year to date, EMNT is up 2.23% versus a gain of 14.82% for VYM.
Over three years, EMNT compounded at +4.96% per year against +18.64% for VYM; over five years the annualized figures are +3.55% and +12.28% respectively. Across the full 7-year window we track, VYM has the edge at +11.39% annualized vs +2.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 1.2% for EMNT. 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 -2.4% for EMNT 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMNT charges 0.24% per year while VYM charges 0.04%. On a $10,000 position that is $24 vs $4 annually, a gap of $20 per year that compounds over a long holding period. On income, EMNT currently yields 3.93% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 138 holdings in EMNT and 603 in VYM, totalling 56.4% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 138 positions we hold weights for in EMNT and 603 in VYM, against full books of 236 and 613.
You are not choosing between two funds in isolation.
Whichever of EMNT 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, EMNT or VYM?
EMNT has an expense ratio of 0.24% while VYM charges 0.04%. VYM is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, EMNT or VYM?
Over the past year EMNT returned +3.69% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), EMNT annualized +2.77% vs +11.39% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMNT or VYM?
VYM has been the more volatile fund at 15.6% annualized versus 1.2% for EMNT. Worst drawdown: EMNT -2.4% vs VYM -35.7%.
Should I hold both EMNT and VYM?
EMNT and VYM have a monthly-return correlation of 0.35, 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, EMNT or VYM?
EMNT yields 3.93% while VYM yields 2.24%, so EMNT currently pays the higher dividend yield.
Is VYM better than EMNT?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.