FEMV vs VYM
Fidelity Enhanced Mid Cap Value ETF vs Vanguard High Dividend Yield ETF
Which is better, FEMV or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. FEMV is less concentrated, with 10.3% of the fund in its ten largest positions against 25.9%.
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 | FEMV | VYM |
|---|---|---|
| Expense Ratio | 0.23% | 0.04%Best |
| AUM | $7M | $81.6B |
| Dividend Yield | 0.25% | 2.22% |
| Holdings | 245 | 613 |
| YTD Return | +7.84% | +13.15%Best |
| 1Y Return | - | +17.82% |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Top 10 Weight | 10.3%Best | 25.9% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Apr 28, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FEMV 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.
FEMV vs VYM Performance
Fidelity Enhanced Mid Cap Value ETF (FEMV) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, FEMV is up 7.84% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
FEMV 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, FEMV currently yields 0.25% against 2.22% for VYM.
Holdings Overlap
41.4% of FEMV's money is in holdings VYM also owns. 11.4% of VYM's money is in holdings FEMV also owns.
The two portfolios partly overlap.
99 positions in common, counted across the 243 positions we hold weights for in FEMV and 603 in VYM, against full books of 245 and 613.
What only one of them owns
Our book lists 473 positions for VYM that do not appear in our book for FEMV (86.3% of the fund), and 136 for FEMV that do not appear in VYM (55.5%).
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 FEMV | Weight in VYM | Difference |
|---|---|---|---|
| NUENucor Corp. | 1.12% | 0.20% | 0.92% |
| ALLAllstate Corp. | 1.00% | 0.25% | 0.75% |
| KMIKinder Morgan Inc./de | 0.98% | 0.26% | 0.72% |
| MPCMarathon Petroleum Corp. | 0.90% | 0.31% | 0.59% |
| STTState Street Corp. | 1.00% | 0.19% | 0.81% |
| HPEHewlett Packard Enterprise Co. | 0.90% | 0.25% | 0.65% |
| FFord Motor Co. | 0.91% | 0.23% | 0.68% |
| LHXL3Harris Technologies Inc. | 0.91% | 0.22% | 0.69% |
| EBAYEbay Inc. | 0.86% | 0.21% | 0.65% |
| CAHCardinal Health Inc. | 0.79% | 0.23% | 0.56% |
41.4% of FEMV 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, FEMV or VYM?
FEMV 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 FEMV and VYM?
41.4% of FEMV's money is in holdings VYM also owns. 11.4% of VYM's is in holdings FEMV also owns. They hold 99 positions in common, counted across the 243 positions we hold weights for in FEMV and 603 in VYM.
Which pays a higher dividend, FEMV or VYM?
FEMV yields 0.25% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than FEMV?
VYM has a lower expense ratio. FEMV is less concentrated, with 10.3% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.