FIXT vs VYM
TCW Core Plus Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, FIXT or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window.
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 | FIXT | VYM |
|---|---|---|
| Expense Ratio | 0.40% | 0.04%Best |
| AUM | $213M | $81.6B |
| Dividend Yield | 5.65% | 2.22% |
| Holdings | 595 | 613 |
| YTD Return | -1.10% | +13.08%Best |
| 1Y Return | -0.56% | +17.46%Best |
| 3Y Return (annualized) | +11.55% | +17.73%Best |
| 5Y Return (annualized) | - | +12.22% |
| Volatility (annualized) | 17.5% | 13.3%Best |
| Max Drawdown | -20.4% | -14.5%Best |
| $10,000 over 4.3 years | $16,136 | $16,588Best |
| Fund Family | TCW ETFs | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Jun 28, 2002 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 1, 2022 to Sep 14, 2026 (4.3 years).
FIXT 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 4.3 years both funds cover.
FIXT vs VYM Performance
TCW Core Plus Bond ETF (FIXT) is an ETF from TCW ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FIXT returned -0.56% while VYM returned +17.46%. Year to date, FIXT is down 1.10% versus a gain of 13.08% for VYM.
Over three years, FIXT compounded at +11.55% per year against +17.73% for VYM. Across the full 4-year window we track, VYM has the edge at +12.49% annualized vs +11.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIXT has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 13.3% 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 -20.4% for FIXT 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FIXT charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, FIXT currently yields 5.65% against 2.22% for VYM.
Holdings Overlap
At least 0.1% of VYM's money is in holdings FIXT also owns.
Stated as a floor: for FIXT, our book for it covers 51.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 229 positions we hold weights for in FIXT and 557 in VYM, against full books of 595 and 613.
Top Shared Holdings
| Stock | Weight in FIXT | Weight in VYM | Difference |
|---|---|---|---|
| CNPCenterPoint Energy Inc 5.95 04/01/2056 | 0.14% | 0.11% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of FIXT 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, FIXT or VYM?
FIXT has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, FIXT or VYM?
Over the past year FIXT returned -0.56% vs +17.46% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), FIXT annualized +11.77% vs +12.49% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIXT or VYM?
FIXT has been the more volatile fund at 17.5% annualized versus 13.3% for VYM. Worst drawdown: FIXT -20.4% vs VYM -14.5%.
Should I hold both FIXT and VYM?
FIXT and VYM have a monthly-return correlation of 0.77, 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, FIXT or VYM?
FIXT yields 5.65% while VYM yields 2.22%, so FIXT currently pays the higher dividend yield.
Is VYM better than FIXT?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.