FIVY vs VYM
YieldMax Dorsey Wright Hybrid 5 Income ETF vs Vanguard High Dividend Yield ETF
Which is better, FIVY or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 99.0%.
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 | FIVY | VYM |
|---|---|---|
| Expense Ratio | 0.70% | 0.04%Best |
| AUM | $5M | $81.6B |
| Dividend Yield | 46.67% | 2.22% |
| Holdings | 12 | 613 |
| Volatility (annualized) | 24.9% | 10.1%Best |
| Max Drawdown | -32.8% | -14.5%Best |
| $10,000 over 1.5 years | $8,199 | $12,771Best |
| Top 10 Weight | 99.0% | 25.9%Best |
| Fund Family | YieldMax ETF | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 16, 2024 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 88 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FIVY has data through Jun 15, 2026 and VYM through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Dec 17, 2024 to Jun 15, 2026 (1.5 years).
Risk: Volatility and Drawdowns
FIVY has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 10.1% 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 -32.8% for FIVY 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 0.19. They move largely independently of each other.
Fees and Cost Over Time
FIVY charges 0.70% per year while VYM charges 0.04%. On a $10,000 position that is $70 vs $4 annually, a gap of $66 per year that compounds over a long holding period. On income, FIVY currently yields 46.67% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 11 holdings in FIVY and 603 in VYM, totalling 100.0% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 61 days apart, FIVY as of Apr 30, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 11 positions we hold weights for in FIVY and 603 in VYM, against full books of 12 and 613.
What only one of them owns
Our book lists 568 positions for VYM that do not appear in our book for FIVY (97.5% of the fund), and 10 for FIVY that do not appear in VYM (90.8%).
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.
You are not choosing between two funds in isolation.
Whichever of FIVY 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, FIVY or VYM?
FIVY has an expense ratio of 0.70% while VYM charges 0.04%. VYM is the cheaper option, by $66 a year on a $10,000 investment.
Which is riskier, FIVY or VYM?
FIVY has been the more volatile fund at 24.9% annualized versus 10.1% for VYM. Worst drawdown: FIVY -32.8% vs VYM -14.5%.
Should I hold both FIVY and VYM?
FIVY and VYM have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FIVY or VYM?
FIVY yields 46.67% while VYM yields 2.22%, so FIVY currently pays the higher dividend yield.
Is VYM better than FIVY?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 99.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.