FCOR vs VYM
FCOR vs VYM
Fidelity Corporate Bond 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 558 holdings.
Side-by-Side Comparison
| Metric | FCOR | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.04% | |
| AUM | $353M | $79.0B | |
| Dividend Yield | 4.98% | 2.86% | |
| Holdings | 537 | 568 | |
| YTD Return | -0.07% | +15.80% | |
| 1Y Return | +2.31% | +26.12% | |
| 3Y Return (annualized) | +5.47% | +18.25% | |
| 5Y Return (annualized) | +0.21% | +12.51% | |
| Volatility (annualized) | 6.9% | 14.6% | |
| Max Drawdown | -22.6% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 6, 2014 | Nov 10, 2006 |
FCOR vs VYM Performance
Fidelity Corporate Bond ETF (FCOR) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FCOR returned +2.31% while VYM returned +26.12%. Year to date, FCOR is down 0.07% versus a gain of 15.80% for VYM.
Over three years, FCOR compounded at +5.47% per year against +18.25% for VYM; over five years the annualized figures are +0.21% and +12.51% respectively. Across the full 12-year window we track, VYM has the edge at +7.07% annualized vs +1.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 6.9% for FCOR. 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 -22.6% for FCOR 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FCOR charges 0.36% per year while VYM charges 0.04%. On a $10,000 position that is $36 vs $4 annually, a gap of $32 per year that compounds over a long holding period. On income, FCOR currently yields 4.98% against 2.86% for VYM.
Holdings Overlap
FCOR and VYM share 0 holdings out of 562 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, FCOR or VYM?
FCOR has an expense ratio of 0.36% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FCOR or VYM?
Over the past year FCOR returned +2.31% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (12 years), FCOR annualized +1.09% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, FCOR or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 6.9% for FCOR. Worst drawdown: FCOR -22.6% vs VYM -58.8%.
Should I hold both FCOR and VYM?
FCOR and VYM have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FCOR and VYM?
FCOR and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 562 unique securities.
Which pays a higher dividend, FCOR or VYM?
FCOR yields 4.98% while VYM yields 2.86%, so FCOR currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.