ERNZ vs VYM
TrueShares Active Yield ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | ERNZ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 3.25% | 0.04% | |
| AUM | $6M | $81.6B | |
| Dividend Yield | 8.71% | 2.24% | |
| Holdings | 144 | 616 | |
| YTD Return | +3.84% | +15.60% | |
| 1Y Return | -3.17% | +23.48% | |
| 3Y Return (annualized) | - | +19.07% | |
| 5Y Return (annualized) | - | +12.50% | |
| Volatility (annualized) | 9.6% | 14.6% | |
| Max Drawdown | -14.2% | -58.8% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 30, 2024 | Nov 10, 2006 |
ERNZ vs VYM Performance
TrueShares Active Yield ETF (ERNZ) is a ETF from TrueShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year ERNZ returned -3.17% while VYM returned +23.48%. Year to date, ERNZ is up 3.84% versus a gain of 15.60% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 9.6% for ERNZ. 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 -14.2% for ERNZ 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ERNZ charges 3.25% per year while VYM charges 0.04%. On a $10,000 position that is $325 vs $4 annually, a gap of $321 per year that compounds over a long holding period. On income, ERNZ currently yields 8.71% against 2.24% for VYM.
Holdings Overlap
ERNZ and VYM share 46 holdings out of 698 unique holdings combined, representing a 7.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ERNZ or VYM?
ERNZ has an expense ratio of 3.25% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $321 per year of difference.
Which performed better, ERNZ or VYM?
Over the past year ERNZ returned -3.17% vs +23.48% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), ERNZ annualized -0.17% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, ERNZ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 9.6% for ERNZ. Worst drawdown: ERNZ -14.2% vs VYM -58.8%.
Should I hold both ERNZ and VYM?
ERNZ and VYM have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ERNZ and VYM?
ERNZ and VYM share 46 common holdings with a 7.5% weight overlap. Combined, they hold 698 unique securities.
Which pays a higher dividend, ERNZ or VYM?
ERNZ yields 8.71% while VYM yields 2.24%, so ERNZ currently pays the higher dividend yield.
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