FFLV vs VYM
Fidelity Fundamental Large Cap Value ETF vs Vanguard High Dividend Yield ETF
Which is better, FFLV or VYM?
Nearly the same fund. VYM costs less.
VYM has a lower expense ratio. FFLV led over 1Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.95. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.5%.
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 | FFLV | VYM |
|---|---|---|
| Expense Ratio | 0.38% | 0.04%Best |
| AUM | $16M | $81.6B |
| Dividend Yield | 1.34% | 2.22% |
| Holdings | 114 | 613 |
| YTD Return | +13.00%Best | +9.71% |
| 1Y Return | +20.74%Best | +13.77% |
| 3Y Return (annualized) | - | +17.30% |
| 5Y Return (annualized) | - | +11.45% |
| Volatility (annualized) | 12.5% | 10.9%Best |
| Max Drawdown | -16.7% | -14.5%Best |
| $10,000 over 2.6 years | $14,288 | $14,617Best |
| Top 10 Weight | 33.5% | 26.1%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Feb 9, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 26, 2024 to Sep 24, 2026 (2.6 years).
FFLV 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 2.6 years both funds cover.
FFLV vs VYM Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FFLV returned +20.74% while VYM returned +13.77%. Year to date, FFLV is up 13.00% versus a gain of 9.71% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 10.9% 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 -16.7% for FFLV 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FFLV 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, FFLV currently yields 1.34% against 2.22% for VYM.
Holdings Overlap
51.4% of FFLV's money is in holdings VYM also owns. 27.1% of VYM's money is in holdings FFLV also owns.
The two portfolios partly overlap.
53 positions in common, counted across the 111 positions we hold weights for in FFLV and 557 in VYM, against full books of 114 and 613.
What only one of them owns
Our book lists 477 positions for VYM that do not appear in our book for FFLV (70.3% of the fund), and 47 for FFLV that do not appear in VYM (41.0%).
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 FFLV | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 3.92% | 2.63% | 1.29% |
| JNJJohnson & Johnson - Common | 1.81% | 2.51% | 0.70% |
| BACBank Of America Corp. | 2.25% | 1.66% | 0.59% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.89% | 1.86% | 0.03% |
| MRKMerck & Company Inc | 2.33% | 1.31% | 1.02% |
| WFCWells Fargo & Co. | 2.47% | 1.07% | 1.40% |
| PGProcter & Gamble Company | 1.22% | 1.37% | 0.15% |
| TRVThe Travelers Cos, Inc. | 2.16% | 0.32% | 1.84% |
| KOCoca Cola Co. | 1.08% | 1.38% | 0.30% |
| UNHUnitedhealth Group Incorporated | 0.93% | 1.52% | 0.59% |
51.4% of FFLV 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, FFLV or VYM?
FFLV has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, FFLV or VYM?
Over the past year FFLV returned +20.74% vs +13.77% for VYM, so FFLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FFLV or VYM?
FFLV has been the more volatile fund at 12.5% annualized versus 10.9% for VYM. Worst drawdown: FFLV -16.7% vs VYM -14.5%.
Should I hold both FFLV and VYM?
FFLV and VYM have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FFLV and VYM?
51.4% of FFLV's money is in holdings VYM also owns. 27.1% of VYM's is in holdings FFLV also owns. They hold 53 positions in common, counted across the 111 positions we hold weights for in FFLV and 557 in VYM.
Which pays a higher dividend, FFLV or VYM?
FFLV yields 1.34% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than FFLV?
VYM has a lower expense ratio. FFLV led over 1Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.95. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.