EYEG vs VYM

EYEG vs VYM
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Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricEYEGVYMWinner
Expense Ratio0.30%0.04%
AUM$26M$81.6B
Dividend Yield5.02%2.24%
Holdings317616
YTD Return-0.59%+14.66%
1Y Return+1.47%+22.16%
3Y Return (annualized)-+18.72%
5Y Return (annualized)-+12.18%
Volatility (annualized)4.7%14.6%
Max Drawdown-4.3%-58.8%
Fund FamilyAllianceBernstein L.P.Vanguard (US)
CategoryFixed IncomeEquity
InceptionDec 12, 2023Nov 10, 2006

EYEG vs VYM Performance

AB Corporate Bond ETF (EYEG) is a ETF from AllianceBernstein L.P. and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EYEG returned +1.47% while VYM returned +22.16%. Year to date, EYEG is down 0.59% versus a gain of 14.66% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 4.7% for EYEG. 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 -4.3% for EYEG 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EYEG charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, EYEG currently yields 5.02% against 2.24% for VYM.

Holdings Overlap

0.0%overlap

EYEG and VYM share 0 holdings out of 832 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, EYEG or VYM?

EYEG has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, EYEG or VYM?

Over the past year EYEG returned +1.47% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), EYEG annualized +4.31% vs +7.01% for VYM. Past performance does not guarantee future results.

Which is riskier, EYEG or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 4.7% for EYEG. Worst drawdown: EYEG -4.3% vs VYM -58.8%.

Should I hold both EYEG and VYM?

EYEG and VYM have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EYEG and VYM?

EYEG and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 832 unique securities.

Which pays a higher dividend, EYEG or VYM?

EYEG yields 5.02% while VYM yields 2.24%, so EYEG currently pays the higher dividend yield.

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