EVX vs VYM
VanEck Environmental Services 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 | EVX | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.04% | |
| AUM | $99M | $81.6B | |
| Dividend Yield | 0.18% | 2.24% | |
| Holdings | 30 | 616 | |
| YTD Return | +8.43% | +16.42% | |
| 1Y Return | +6.13% | +24.22% | |
| 3Y Return (annualized) | +10.30% | +19.03% | |
| 5Y Return (annualized) | +7.68% | +12.21% | |
| Volatility (annualized) | 18.6% | 14.6% | |
| Max Drawdown | -55.9% | -58.8% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 10, 2006 | Nov 10, 2006 |
EVX vs VYM Performance
VanEck Environmental Services ETF (EVX) is a ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EVX returned +6.13% while VYM returned +24.22%. Year to date, EVX is up 8.43% versus a gain of 16.42% for VYM.
Over three years, EVX compounded at +10.30% per year against +19.03% for VYM; over five years the annualized figures are +7.68% and +12.21% respectively. Across the full 20-year window we track, EVX has the edge at +9.36% annualized vs +7.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EVX has been the more volatile fund, with annualized monthly volatility of 18.6% 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 -55.9% for EVX 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EVX charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, EVX currently yields 0.18% against 2.24% for VYM.
Holdings Overlap
EVX and VYM share 3 holdings out of 627 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EVX or VYM?
EVX has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, EVX or VYM?
Over the past year EVX returned +6.13% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), EVX annualized +9.36% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, EVX or VYM?
EVX has been the more volatile fund at 18.6% annualized versus 14.6% for VYM. Worst drawdown: EVX -55.9% vs VYM -58.8%.
Should I hold both EVX and VYM?
EVX and VYM have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EVX and VYM?
EVX and VYM share 3 common holdings with a 0.5% weight overlap. Combined, they hold 627 unique securities.
Which pays a higher dividend, EVX or VYM?
EVX yields 0.18% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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