EZM vs VYM
WisdomTree US MidCap Fund vs Vanguard High Dividend Yield ETF
Which is better, EZM or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. EZM led over the full window, VYM over 1Y, 3Y and 5Y. EZM is less concentrated, with 8.5% of the fund in its ten largest positions against 26.1%.
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 | EZM | VYM |
|---|---|---|
| Expense Ratio | 0.38% | 0.04%Best |
| AUM | $934M | $81.6B |
| Dividend Yield | 1.21% | 2.22% |
| Holdings | 508 | 613 |
| YTD Return | +10.22% | +11.35%Best |
| 1Y Return | +11.94% | +15.34%Best |
| 3Y Return (annualized) | +13.89% | +17.22%Best |
| 5Y Return (annualized) | +8.85% | +12.30%Best |
| Volatility (annualized) | 20.0% | 14.6%Best |
| Max Drawdown | -60.6% | -58.8%Best |
| $10,000 over 5 years | $15,281 | $17,861Best |
| Top 10 Weight | 8.5%Best | 26.1% |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Feb 23, 2007 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Feb 23, 2007 to Sep 18, 2026 (19.6 years).
EZM 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 19.6 years both funds cover.
EZM vs VYM Performance
WisdomTree US MidCap Fund (EZM) is an ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year EZM returned +11.94% while VYM returned +15.34%. Year to date, EZM is up 10.22% versus a gain of 11.35% for VYM.
Over three years, EZM compounded at +13.89% per year against +17.22% for VYM; over five years the annualized figures are +8.85% and +12.30% respectively. Across the full 20-year window we track, EZM has the edge at +8.28% annualized vs +6.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EZM has been the more volatile fund, with annualized monthly volatility of 20.0% 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 -60.6% for EZM and -58.8% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EZM charges 0.38% per year while VYM charges 0.04%. On a $10,000 position that is $38 vs $4 annually, a gap of $34 per year that compounds over a long holding period. On income, EZM currently yields 1.21% against 2.22% for VYM.
Holdings Overlap
42.2% of EZM's money is in holdings VYM also owns. 4.8% of VYM's money is in holdings EZM also owns.
The two portfolios partly overlap.
168 positions in common, counted across the 506 positions we hold weights for in EZM and 557 in VYM, against full books of 508 and 613.
What only one of them owns
Our book lists 364 positions for VYM that do not appear in our book for EZM (92.3% of the fund), and 325 for EZM that do not appear in VYM (53.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EZM | Weight in VYM | Difference |
|---|---|---|---|
| VTRSViatris Inc. | 1.48% | 0.08% | 1.40% |
| CFCf Industries Holdings Inc. | 1.06% | 0.08% | 0.98% |
| APAApa Corp | 0.94% | 0.05% | 0.89% |
| OVVOvintiv Inc. | 0.85% | 0.07% | 0.78% |
| JXNJackson Financial Inc USD | 0.70% | 0.03% | 0.67% |
| BWABorgWarner Inc | 0.65% | 0.05% | 0.60% |
| BENFranklin Resources Inc. | 0.62% | 0.04% | 0.58% |
| PRPermian Resources Corp | 0.57% | 0.07% | 0.50% |
| LNCLincoln National Corp. | 0.58% | 0.03% | 0.55% |
| SJMJ M Smucker Co/The | 0.54% | 0.05% | 0.49% |
42.2% of EZM is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, EZM or VYM?
EZM has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, EZM or VYM?
Over the past year EZM returned +11.94% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), EZM annualized +8.28% vs +6.70% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EZM or VYM?
EZM has been the more volatile fund at 20.0% annualized versus 14.6% for VYM. Worst drawdown: EZM -60.6% vs VYM -58.8%.
Should I hold both EZM and VYM?
EZM and VYM have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EZM and VYM?
42.2% of EZM's money is in holdings VYM also owns. 4.8% of VYM's is in holdings EZM also owns. They hold 168 positions in common, counted across the 506 positions we hold weights for in EZM and 557 in VYM.
Which pays a higher dividend, EZM or VYM?
EZM yields 1.21% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than EZM?
VYM has a lower expense ratio. EZM led over the full window, VYM over 1Y, 3Y and 5Y. EZM is less concentrated, with 8.5% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.