FEMR vs VYM
Fidelity Enhanced Emerging Markets ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. FEMR delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | FEMR | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.04% | |
| AUM | $167M | $81.6B | |
| Dividend Yield | 1.55% | 2.24% | |
| Holdings | 149 | 616 | |
| YTD Return | +24.29% | +16.42% | |
| 1Y Return | +44.03% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 19.0% | 14.6% | |
| Max Drawdown | -15.6% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 19, 2024 | Nov 10, 2006 |
FEMR vs VYM Performance
Fidelity Enhanced Emerging Markets ETF (FEMR) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FEMR returned +44.03% while VYM returned +24.22%. Year to date, FEMR is up 24.29% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
FEMR has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -15.6% for FEMR 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FEMR charges 0.38% per year while VYM charges 0.04%. On a $10,000 position that is $38 vs $4 annually, a gap of $34 per year that compounds over a long holding period. On income, FEMR currently yields 1.55% against 2.24% for VYM.
Holdings Overlap
FEMR and VYM share 1 holdings out of 750 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FEMR | Weight in VYM | Difference |
|---|---|---|---|
| SCCO | 0.78% | 0.07% | 0.71% |
Frequently Asked Questions
Which is cheaper, FEMR or VYM?
FEMR has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, FEMR or VYM?
Over the past year FEMR returned +44.03% vs +24.22% for VYM, so FEMR leads on 1-year performance. Over the longest common window we track (2 years), FEMR annualized +35.72% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, FEMR or VYM?
FEMR has been the more volatile fund at 19.0% annualized versus 14.6% for VYM. Worst drawdown: FEMR -15.6% vs VYM -58.8%.
Should I hold both FEMR and VYM?
FEMR and VYM have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FEMR and VYM?
FEMR and VYM share 1 common holdings with a 0.1% weight overlap. Combined, they hold 750 unique securities.
Which pays a higher dividend, FEMR or VYM?
FEMR yields 1.55% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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