FLRG vs VYM
Fidelity US Multifactor ETF vs Vanguard High Dividend Yield ETF
Which is better, FLRG or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. FLRG led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.5%.
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 | FLRG | VYM |
|---|---|---|
| Expense Ratio | 0.15% | 0.04%Best |
| AUM | $290M | $81.6B |
| Dividend Yield | 1.37% | 2.24% |
| Holdings | 103 | 613 |
| YTD Return | +12.75% | +14.82%Best |
| 1Y Return | +14.53% | +20.84%Best |
| 3Y Return (annualized) | +18.71%Best | +18.64% |
| 5Y Return (annualized) | +12.01% | +12.28%Best |
| Volatility (annualized) | 13.6%Best | 13.8% |
| Max Drawdown | -19.6% | -15.8%Best |
| $10,000 over 5 years | $17,631 | $17,845Best |
| Top 10 Weight | 36.5% | 25.9%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 15, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 17, 2020 to Sep 4, 2026 (6 years).
FLRG 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 6 years both funds cover.
FLRG vs VYM Performance
Fidelity US Multifactor ETF (FLRG) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FLRG returned +14.53% while VYM returned +20.84%. Year to date, FLRG is up 12.75% versus a gain of 14.82% for VYM.
Over three years, FLRG compounded at +18.71% per year against +18.64% for VYM; over five years the annualized figures are +12.01% and +12.28% respectively. Across the full 6-year window we track, FLRG has the edge at +15.24% annualized vs +15.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.6% for FLRG. 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 -19.6% for FLRG and -15.8% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLRG charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, FLRG currently yields 1.37% against 2.24% for VYM.
Holdings Overlap
38.8% of FLRG's money is in holdings VYM also owns. 30.7% of VYM's money is in holdings FLRG also owns.
The two portfolios partly overlap.
46 positions in common, counted across the 99 positions we hold weights for in FLRG and 603 in VYM, against full books of 103 and 613.
What only one of them owns
Our book lists 524 positions for VYM that do not appear in our book for FLRG (66.8% of the fund), and 48 for FLRG that do not appear in VYM (58.0%).
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 FLRG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 3.02% | 7.29% | 4.27% |
| JNJJohnson & Johnson - Common | 1.54% | 2.54% | 1.00% |
| XOMExxon Mobil Corp. | 1.63% | 2.36% | 0.73% |
| ABBVAbbvie Inc. | 1.30% | 1.85% | 0.55% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.96% | 1.93% | 0.97% |
| PGProcter & Gamble Company | 1.08% | 1.42% | 0.34% |
| MRKMerck & Company Inc | 1.12% | 1.32% | 0.20% |
| PMPhilip Morris International Inc. | 1.08% | 1.17% | 0.09% |
| MCDMcdonald'S Corp | 0.95% | 0.80% | 0.15% |
| IBMInternational Business Machines Corp. | 0.46% | 1.10% | 0.64% |
38.8% of FLRG 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, FLRG or VYM?
FLRG has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, FLRG or VYM?
Over the past year FLRG returned +14.53% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), FLRG annualized +15.24% vs +15.12% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLRG or VYM?
VYM has been the more volatile fund at 13.8% annualized versus 13.6% for FLRG. Worst drawdown: FLRG -19.6% vs VYM -15.8%.
Should I hold both FLRG and VYM?
FLRG and VYM have a monthly-return correlation of 0.89, 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 FLRG and VYM?
38.8% of FLRG's money is in holdings VYM also owns. 30.7% of VYM's is in holdings FLRG also owns. They hold 46 positions in common, counted across the 99 positions we hold weights for in FLRG and 603 in VYM.
Which pays a higher dividend, FLRG or VYM?
FLRG yields 1.37% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than FLRG?
VYM has a lower expense ratio. FLRG led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.