FITE vs VYM
State Street SPDR S&P Kensho Future Security ETF vs Vanguard High Dividend Yield ETF
Which is better, FITE or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. FITE led over 1Y, 3Y, 5Y and the full window. FITE is less concentrated, with 19.5% of the fund in its ten largest positions against 26.1%.
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 | FITE | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $146M | $81.6B |
| Dividend Yield | 0.13% | 2.22% |
| Holdings | 79 | 613 |
| YTD Return | +26.77%Best | +11.35% |
| 1Y Return | +30.69%Best | +15.34% |
| 3Y Return (annualized) | +32.20%Best | +17.22% |
| 5Y Return (annualized) | +16.95%Best | +12.30% |
| Volatility (annualized) | 21.2% | 15.1%Best |
| Max Drawdown | -37.2% | -35.7%Best |
| $10,000 over 5 years | $21,878Best | $17,861 |
| Top 10 Weight | 19.5%Best | 26.1% |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 18, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2017 to Sep 18, 2026 (8.7 years).
FITE 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 8.7 years both funds cover.
FITE vs VYM Performance
State Street SPDR S&P Kensho Future Security ETF (FITE) is an ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FITE returned +30.69% while VYM returned +15.34%. Year to date, FITE is up 26.77% versus a gain of 11.35% for VYM.
Over three years, FITE compounded at +32.20% per year against +17.22% for VYM; over five years the annualized figures are +16.95% and +12.30% respectively. Across the full 9-year window we track, FITE has the edge at +16.23% annualized vs +9.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FITE has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 15.1% 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 -37.2% for FITE and -35.7% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FITE charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, FITE currently yields 0.13% against 2.22% for VYM.
Holdings Overlap
12.5% of FITE's money is in holdings VYM also owns. 10.7% of VYM's money is in holdings FITE also owns.
FITE and VYM share little of their money.
10 positions in common, counted across the 79 positions we hold weights for in FITE and 557 in VYM, against full books of 79 and 613.
What only one of them owns
Our book lists 518 positions for VYM that do not appear in our book for FITE (86.3% of the fund), and 64 for FITE that do not appear in VYM (81.2%).
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 FITE | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.28% | 7.35% | 6.07% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.20% | 1.86% | 0.66% |
| LMTLockheed Martin Corp | 1.37% | 0.48% | 0.89% |
| GENGen Digital Inc | 1.62% | 0.06% | 1.56% |
| NOCNorthrop Grumman Corp. | 1.28% | 0.29% | 0.99% |
| GDGeneral Dynamics Corp. | 1.12% | 0.40% | 0.72% |
| IRDMIridium Communications Inc | 1.33% | 0.02% | 1.31% |
| LHXL3Harris Technologies Inc. | 1.13% | 0.21% | 0.92% |
| KBRKbr Inc | 1.13% | 0.02% | 1.11% |
| HIIHuntington Ingalls Industries Inc. | 1.04% | 0.05% | 0.99% |
You are not choosing between two funds in isolation.
Whichever of FITE 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, FITE or VYM?
FITE has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, FITE or VYM?
Over the past year FITE returned +30.69% vs +15.34% for VYM, so FITE leads on 1-year performance. Over the longest common window we track (9 years), FITE annualized +16.23% vs +9.34% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FITE or VYM?
FITE has been the more volatile fund at 21.2% annualized versus 15.1% for VYM. Worst drawdown: FITE -37.2% vs VYM -35.7%.
Should I hold both FITE and VYM?
FITE and VYM have a monthly-return correlation of 0.69, 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 FITE and VYM?
12.5% of FITE's money is in holdings VYM also owns. 10.7% of VYM's is in holdings FITE also owns. They hold 10 positions in common, counted across the 79 positions we hold weights for in FITE and 557 in VYM.
Which pays a higher dividend, FITE or VYM?
FITE yields 0.13% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than FITE?
VYM has a lower expense ratio. FITE led over 1Y, 3Y, 5Y and the full window. FITE is less concentrated, with 19.5% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.