FSML vs VYM
Franklin Small Cap Enhanced ETF vs Vanguard High Dividend Yield ETF
Which is better, FSML or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. FSML is less concentrated, with 13.1% of the fund in its ten largest positions against 25.9%.
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 | FSML | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $150M | $81.6B |
| Dividend Yield | 0.40% | 2.24% |
| Holdings | 306 | 613 |
| YTD Return | +22.23%Best | +14.82% |
| 1Y Return | - | +20.84% |
| 3Y Return (annualized) | - | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Top 10 Weight | 13.1%Best | 25.9% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Dec 9, 2025 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FSML 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FSML vs VYM Performance
Franklin Small Cap Enhanced ETF (FSML) is an ETF from Franklin Templeton Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, FSML is up 22.23% versus a gain of 14.82% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
FSML 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, FSML currently yields 0.40% against 2.24% for VYM.
Holdings Overlap
22.6% of FSML's money is in holdings VYM also owns. 0.7% of VYM's money is in holdings FSML also owns.
FSML and VYM share little of their money.
50 positions in common, counted across the 298 positions we hold weights for in FSML and 602 in VYM, against full books of 306 and 613.
What only one of them owns
Our book lists 522 positions for VYM that do not appear in our book for FSML (96.6% of the fund), and 234 for FSML that do not appear in VYM (72.0%).
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 FSML | Weight in VYM | Difference |
|---|---|---|---|
| JXNJackson Financial Inc USD | 1.52% | 0.03% | 1.49% |
| KFYKorn Ferry | 1.30% | 0.01% | 1.29% |
| VLYValley National Bancorp | 1.21% | 0.03% | 1.18% |
| PIIPolaris Inc | 1.20% | 0.01% | 1.19% |
| BFHBread Financial Holdings, Inc. | 1.11% | 0.02% | 1.09% |
| IBOCInternational Bancshares Corp | 1.11% | 0.02% | 1.09% |
| BKUBankunited Inc | 1.07% | 0.01% | 1.06% |
| NMRKGrubb Properties | 1.06% | 0.01% | 1.05% |
| YOUClear Secure Inc -Class A | 0.98% | 0.02% | 0.96% |
| VSHVishay Intertechnology Inc | 0.97% | 0.03% | 0.94% |
22.6% of FSML 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, FSML or VYM?
FSML 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.
What is the holdings overlap between FSML and VYM?
22.6% of FSML's money is in holdings VYM also owns. 0.7% of VYM's is in holdings FSML also owns. They hold 50 positions in common, counted across the 298 positions we hold weights for in FSML and 602 in VYM.
Which pays a higher dividend, FSML or VYM?
FSML yields 0.40% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than FSML?
VYM has a lower expense ratio. FSML is less concentrated, with 13.1% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.