FDFF vs VYM
Fidelity Disruptive Finance ETF vs Vanguard High Dividend Yield ETF
Which is better, FDFF or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 49.4%.
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 | FDFF | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $44M | $81.6B |
| Dividend Yield | 0.98% | 2.24% |
| Holdings | 52 | 613 |
| YTD Return | +6.89% | +14.82%Best |
| 1Y Return | +3.43% | +20.84%Best |
| 3Y Return (annualized) | +13.93% | +18.64%Best |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 19.4% | 10.8%Best |
| Max Drawdown | -23.1% | -14.5%Best |
| $10,000 over 3.2 years | $15,432 | $16,997Best |
| Top 10 Weight | 49.4% | 25.9%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 13, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 12, 2023 to Sep 4, 2026 (3.2 years).
FDFF 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 3.2 years both funds cover.
FDFF vs VYM Performance
Fidelity Disruptive Finance ETF (FDFF) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FDFF returned +3.43% while VYM returned +20.84%. Year to date, FDFF is up 6.89% versus a gain of 14.82% for VYM.
Over three years, FDFF compounded at +13.93% per year against +18.64% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDFF has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 10.8% 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 -23.1% for FDFF and -14.5% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDFF charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, FDFF currently yields 0.98% against 2.24% for VYM.
Holdings Overlap
21.9% of FDFF's money is in holdings VYM also owns. 1.5% of VYM's money is in holdings FDFF also owns.
FDFF and VYM share little of their money.
8 positions in common, counted across the 47 positions we hold weights for in FDFF and 602 in VYM, against full books of 52 and 613.
What only one of them owns
Our book lists 561 positions for VYM that do not appear in our book for FDFF (95.7% of the fund), and 32 for FDFF that do not appear in VYM (60.1%).
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 FDFF | Weight in VYM | Difference |
|---|---|---|---|
| BLKBlackrock, Inc. | 5.86% | 0.61% | 5.25% |
| COFCapital One Financial Corp. | 5.65% | 0.52% | 5.13% |
| APOApollo Global Management Inc | 4.08% | 0.21% | 3.87% |
| VIRTVirtu Financial Inc | 1.68% | 0.02% | 1.66% |
| ALLYAlly Financial Inc. | 1.49% | 0.05% | 1.44% |
| OWLBlue Owl Capital, Inc. Class A | 1.32% | 0.02% | 1.30% |
| ARESAres Management Corp Preferred Stock 7 | 1.15% | 0.09% | 1.06% |
| MKTXMarketaxess Holdings Inc?.? | 0.72% | 0.02% | 0.70% |
21.9% of FDFF 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDFF or VYM?
FDFF has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, FDFF or VYM?
Over the past year FDFF returned +3.43% vs +20.84% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDFF or VYM?
FDFF has been the more volatile fund at 19.4% annualized versus 10.8% for VYM. Worst drawdown: FDFF -23.1% vs VYM -14.5%.
Should I hold both FDFF and VYM?
FDFF and VYM have a monthly-return correlation of 0.69, 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 FDFF and VYM?
21.9% of FDFF's money is in holdings VYM also owns. 1.5% of VYM's is in holdings FDFF also owns. They hold 8 positions in common, counted across the 47 positions we hold weights for in FDFF and 602 in VYM.
Which pays a higher dividend, FDFF or VYM?
FDFF yields 0.98% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than FDFF?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 49.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.