FEMG vs VYM
Fidelity Enhanced Mid Cap Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, FEMG or VYM?
Mid Cap Growth against Large Cap Value.
VYM has a lower expense ratio. FEMG is less concentrated, with 22.7% of the fund in its ten largest positions against 25.8%.
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 | FEMG | VYM |
|---|---|---|
| Expense Ratio | 0.23% | 0.04%Best |
| AUM | $6M | $95.8B |
| Dividend Yield | 0.19% | 2.23% |
| Holdings | 346 | 610 |
| YTD Return | -0.31% | +16.00%Best |
| 1Y Return | - | +18.97% |
| 3Y Return (annualized) | - | +20.46% |
| 5Y Return (annualized) | - | +11.54% |
| Top 10 Weight | 22.7%Best | 25.8% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Apr 28, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FEMG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FEMG vs VYM Performance
Fidelity Enhanced Mid Cap Growth ETF (FEMG) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, FEMG is down 0.31% versus a gain of 16.00% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
FEMG charges 0.23% per year while VYM charges 0.04%. On a $10,000 position that is $23 vs $4 annually, a gap of $19 per year that compounds over a long holding period. On income, FEMG currently yields 0.19% against 2.23% for VYM.
Holdings Overlap
16.9% of FEMG's money is in holdings VYM also owns. 4.3% of VYM's money is in holdings FEMG also owns.
FEMG and VYM share little of their money.
The two holdings books were reported 46 days apart, FEMG 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.
31 positions in common, counted across the 169 positions we hold weights for in FEMG and 602 in VYM, against full books of 346 and 610.
What only one of them owns
Our book lists 546 positions for VYM that do not appear in our book for FEMG (94.3% of the fund), and 129 for FEMG that do not appear in VYM (79.1%).
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 FEMG | Weight in VYM | Difference |
|---|---|---|---|
| MPCMarathon Petroleum Corp. | 2.20% | 0.44% | 1.76% |
| FASTFastenal Co | 1.95% | 0.23% | 1.72% |
| TRGPTarga Resources Corp Preferred | 1.65% | 0.25% | 1.40% |
| MCHPMicrochip Technology Inc. | 1.25% | 0.16% | 1.09% |
| TPRTapestry Inc. | 1.07% | 0.10% | 0.97% |
| CAHCardinal Health | 0.94% | 0.22% | 0.72% |
| NTAPNetapp Inc. | 0.91% | 0.15% | 0.76% |
| CHRWCh Robinson Worldwide Inc. | 0.98% | 0.07% | 0.91% |
| RCLRoyal Caribbean | 0.66% | 0.27% | 0.39% |
| ROKRockwell Automation | 0.66% | 0.19% | 0.47% |
You are not choosing between two funds in isolation.
Whichever of FEMG and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEMG or VYM?
FEMG has an expense ratio of 0.23% while VYM charges 0.04%. VYM is the cheaper option, by $19 a year on a $10,000 investment.
What is the holdings overlap between FEMG and VYM?
16.9% of FEMG's money is in holdings VYM also owns. 4.3% of VYM's is in holdings FEMG also owns. They hold 31 positions in common, counted across the 169 positions we hold weights for in FEMG and 602 in VYM.
Which pays a higher dividend, FEMG or VYM?
FEMG yields 0.19% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than FEMG?
VYM has a lower expense ratio. FEMG is less concentrated, with 22.7% of the fund in its ten largest positions against 25.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.