FUTY vs VYM
Fidelity MSCI Utilities Index ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | FUTY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.04% | |
| AUM | $2.3B | $81.6B | |
| Dividend Yield | 2.65% | 2.24% | |
| Holdings | 65 | 616 | |
| YTD Return | +2.53% | +14.66% | |
| 1Y Return | +4.49% | +22.16% | |
| 3Y Return (annualized) | +15.04% | +18.72% | |
| 5Y Return (annualized) | +7.76% | +12.18% | |
| Volatility (annualized) | 14.7% | 14.6% | |
| Max Drawdown | -37.1% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 21, 2013 | Nov 10, 2006 |
FUTY vs VYM Performance
Fidelity MSCI Utilities Index ETF (FUTY) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FUTY returned +4.49% while VYM returned +22.16%. Year to date, FUTY is up 2.53% versus a gain of 14.66% for VYM.
Over three years, FUTY compounded at +15.04% per year against +18.72% for VYM; over five years the annualized figures are +7.76% and +12.18% respectively. Across the full 13-year window we track, FUTY has the edge at +7.84% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FUTY has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.6% 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 -37.1% for FUTY and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FUTY charges 0.08% per year while VYM charges 0.04%. On a $10,000 position that is $8 vs $4 annually, a gap of $4 per year that compounds over a long holding period. On income, FUTY currently yields 2.65% against 2.24% for VYM.
Holdings Overlap
FUTY and VYM share 51 holdings out of 615 unique holdings combined, representing a 5.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FUTY or VYM?
FUTY has an expense ratio of 0.08% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, FUTY or VYM?
Over the past year FUTY returned +4.49% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (13 years), FUTY annualized +7.84% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, FUTY or VYM?
FUTY has been the more volatile fund at 14.7% annualized versus 14.6% for VYM. Worst drawdown: FUTY -37.1% vs VYM -58.8%.
Should I hold both FUTY and VYM?
FUTY and VYM have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FUTY and VYM?
FUTY and VYM share 51 common holdings with a 5.7% weight overlap. Combined, they hold 615 unique securities.
Which pays a higher dividend, FUTY or VYM?
FUTY yields 2.65% while VYM yields 2.24%, so FUTY currently pays the higher dividend yield.
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