Quick Verdict

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

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricEPVVYMWinner
Expense Ratio0.95%0.04%
AUM$11M$79.0B
Dividend Yield4.72%2.86%
Holdings6568
YTD Return-20.80%+15.80%
1Y Return-33.71%+26.12%
3Y Return (annualized)-57.36%+18.25%
5Y Return (annualized)-41.90%+12.51%
Volatility (annualized)37.7%14.6%
Max Drawdown-99.9%-58.8%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 16, 2009Nov 10, 2006

EPV vs VYM Performance

ProShares UltraShort FTSE Europe ETF (EPV) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EPV returned -33.71% while VYM returned +26.12%. Year to date, EPV is down 20.80% versus a gain of 15.80% for VYM.

Over three years, EPV compounded at -57.36% per year against +18.25% for VYM; over five years the annualized figures are -41.90% and +12.51% respectively. Across the full 17-year window we track, VYM has the edge at +7.07% annualized vs -32.41%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EPV has been the more volatile fund, with annualized monthly volatility of 37.7% 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 -99.9% for EPV 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 -0.74. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EPV charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, EPV currently yields 4.72% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

EPV and VYM share 0 holdings out of 559 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, EPV or VYM?

EPV has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $91 per year of difference.

Which performed better, EPV or VYM?

Over the past year EPV returned -33.71% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (17 years), EPV annualized -32.41% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, EPV or VYM?

EPV has been the more volatile fund at 37.7% annualized versus 14.6% for VYM. Worst drawdown: EPV -99.9% vs VYM -58.8%.

Should I hold both EPV and VYM?

EPV and VYM have a monthly-return correlation of -0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EPV and VYM?

EPV and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, EPV or VYM?

EPV yields 4.72% while VYM yields 2.86%, so EPV currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.