FDRV vs VYM
Fidelity Electric Vehicles and Future Transportation 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 | FDRV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.04% | |
| AUM | $28M | $79.0B | |
| Dividend Yield | 1.20% | 2.86% | |
| Holdings | 55 | 568 | |
| YTD Return | +8.10% | +16.53% | |
| 1Y Return | +16.10% | +25.03% | |
| 3Y Return (annualized) | -0.88% | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 29.9% | 14.6% | |
| Max Drawdown | -63.9% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 5, 2021 | Nov 10, 2006 |
FDRV vs VYM Performance
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FDRV returned +16.10% while VYM returned +25.03%. Year to date, FDRV is up 8.10% versus a gain of 16.53% for VYM.
Over three years, FDRV compounded at -0.88% per year against +18.54% for VYM. Across the full 5-year window we track, VYM has the edge at +7.10% annualized vs -6.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDRV has been the more volatile fund, with annualized monthly volatility of 29.9% 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 -63.9% for FDRV 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FDRV charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, FDRV currently yields 1.20% against 2.86% for VYM.
Holdings Overlap
FDRV and VYM share 5 holdings out of 603 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDRV or VYM?
FDRV has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, FDRV or VYM?
Over the past year FDRV returned +16.10% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), FDRV annualized -6.63% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, FDRV or VYM?
FDRV has been the more volatile fund at 29.9% annualized versus 14.6% for VYM. Worst drawdown: FDRV -63.9% vs VYM -58.8%.
Should I hold both FDRV and VYM?
FDRV and VYM have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDRV and VYM?
FDRV and VYM share 5 common holdings with a 0.9% weight overlap. Combined, they hold 603 unique securities.
Which pays a higher dividend, FDRV or VYM?
FDRV yields 1.20% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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