FEAC vs VYM
Fidelity Enhanced US All-Cap Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, FEAC or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 35.9%.
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 | FEAC | VYM |
|---|---|---|
| Expense Ratio | 0.18% | 0.04%Best |
| AUM | $17M | $95.8B |
| Dividend Yield | 0.83% | 2.23% |
| Holdings | 1,268 | 610 |
| YTD Return | +11.55% | +15.95%Best |
| 1Y Return | +14.53% | +19.62%Best |
| 3Y Return (annualized) | - | +19.64% |
| 5Y Return (annualized) | - | +11.48% |
| Volatility (annualized) | 12.4% | 11.1%Best |
| Max Drawdown | -19.0% | -14.5%Best |
| $10,000 over 2 years | $12,998 | $13,140Best |
| Top 10 Weight | 35.9% | 25.8%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 19, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Nov 21, 2024 to Nov 13, 2026 (2 years).
FEAC 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 2 years both funds cover.
FEAC vs VYM Performance
Fidelity Enhanced US All-Cap Equity ETF (FEAC) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FEAC returned +14.53% while VYM returned +19.62%. Year to date, FEAC is up 11.55% versus a gain of 15.95% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEAC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.1% 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 -19.0% for FEAC 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FEAC charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, FEAC currently yields 0.83% against 2.23% for VYM.
Holdings Overlap
28.8% of FEAC's money is in holdings VYM also owns. 45.3% of VYM's money is in holdings FEAC also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, FEAC as of Oct 16, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
96 positions in common, counted across the 417 positions we hold weights for in FEAC and 602 in VYM, against full books of 1,268 and 610.
What only one of them owns
Our book lists 483 positions for VYM that do not appear in our book for FEAC (53.4% of the fund), and 305 for FEAC that do not appear in VYM (69.7%).
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 FEAC | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.64% | 6.94% | 4.30% |
| JPMJpmorgan Chase & Co. | 0.59% | 3.83% | 3.24% |
| ABBVAbbvie Inc. | 1.32% | 1.83% | 0.51% |
| XOMExxonmobil Holdings Corp | 0.40% | 2.70% | 2.30% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.14% | 1.76% | 0.62% |
| JNJJohnson & Johnson - Common | 0.14% | 2.58% | 2.44% |
| BACBank Of America Corp. | 0.69% | 1.65% | 0.96% |
| PGProcter & Gamble Company | 0.48% | 1.36% | 0.88% |
| MRKMerck & Co. Inc. | 0.35% | 1.47% | 1.12% |
| GILDGilead Sciences Inc | 0.98% | 0.73% | 0.25% |
45.3% of VYM is already inside FEAC.
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, FEAC or VYM?
FEAC has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, FEAC or VYM?
Over the past year FEAC returned +14.53% vs +19.62% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), FEAC annualized +14.01% vs +14.63% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEAC or VYM?
FEAC has been the more volatile fund at 12.4% annualized versus 11.1% for VYM. Worst drawdown: FEAC -19.0% vs VYM -14.5%.
Should I hold both FEAC and VYM?
FEAC and VYM have a monthly-return correlation of 0.66, 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 FEAC and VYM?
45.3% of VYM's money is in holdings FEAC also owns. 45.3% of VYM's is in holdings FEAC also owns. They hold 96 positions in common, counted across the 417 positions we hold weights for in FEAC and 602 in VYM.
Which pays a higher dividend, FEAC or VYM?
FEAC yields 0.83% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than FEAC?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 35.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.