FUTY vs VYM
Fidelity MSCI Utilities Index ETF vs Vanguard High Dividend Yield ETF
Which is better, FUTY or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 52.5%.
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 | FUTY | VYM |
|---|---|---|
| Expense Ratio | 0.08% | 0.04%Best |
| AUM | $2.3B | $81.6B |
| Dividend Yield | 2.74% | 2.22% |
| Holdings | 66 | 613 |
| YTD Return | +0.65% | +13.75%Best |
| 1Y Return | +5.93% | +19.42%Best |
| 3Y Return (annualized) | +14.13% | +18.22%Best |
| 5Y Return (annualized) | +7.50% | +12.17%Best |
| Volatility (annualized) | 14.7% | 13.4%Best |
| Max Drawdown | -37.1% | -35.7%Best |
| $10,000 over 5 years | $14,356 | $17,758Best |
| Top 10 Weight | 52.5% | 25.9%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Oct 21, 2013 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Sep 9, 2026 (12.9 years).
FUTY 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 12.9 years both funds cover.
FUTY vs VYM Performance
Fidelity MSCI Utilities Index ETF (FUTY) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FUTY returned +5.93% while VYM returned +19.42%. Year to date, FUTY is up 0.65% versus a gain of 13.75% for VYM.
Over three years, FUTY compounded at +14.13% per year against +18.22% for VYM; over five years the annualized figures are +7.50% and +12.17% respectively. Across the full 13-year window we track, VYM has the edge at +9.43% annualized vs +7.65%.
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 13.4% 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 -35.7% 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 0.54. They move together some of the time, and apart the rest.
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 2.74% against 2.22% for VYM.
Holdings Overlap
86.4% of FUTY's money is in holdings VYM also owns. 5.7% of VYM's money is in holdings FUTY also owns.
Most of FUTY is already inside VYM. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, FUTY as of Aug 31, 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.
51 positions in common, counted across the 63 positions we hold weights for in FUTY and 603 in VYM, against full books of 66 and 613.
What only one of them owns
Our book lists 517 positions for VYM that do not appear in our book for FUTY (91.8% of the fund), and 12 for FUTY that do not appear in VYM (13.1%).
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 FUTY | Weight in VYM | Difference |
|---|---|---|---|
| NEENextera Energy Inc. | 11.69% | 0.76% | 10.93% |
| SOSouthern Co. | 6.75% | 0.45% | 6.30% |
| DUKDuke Energy Corp. | 6.36% | 0.41% | 5.95% |
| AEPAmerican Electric Power Co. Inc. | 4.53% | 0.31% | 4.22% |
| DDominion Energy Inc. | 3.95% | 0.25% | 3.70% |
| SRESempra Common Stock | 3.63% | 0.25% | 3.38% |
| ETREntergy Corp. | 3.38% | 0.22% | 3.16% |
| XELXcel Energy Inc. | 3.22% | 0.21% | 3.01% |
| EXCExelon Corp. | 3.04% | 0.20% | 2.84% |
| EDConsolidated Edison Inc. | 2.68% | 0.17% | 2.51% |
86.4% of FUTY 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, FUTY or VYM?
FUTY has an expense ratio of 0.08% while VYM charges 0.04%. VYM is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, FUTY or VYM?
Over the past year FUTY returned +5.93% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (13 years), FUTY annualized +7.65% vs +9.43% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FUTY or VYM?
FUTY has been the more volatile fund at 14.7% annualized versus 13.4% for VYM. Worst drawdown: FUTY -37.1% vs VYM -35.7%.
Should I hold both FUTY and VYM?
FUTY and VYM have a monthly-return correlation of 0.54, 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 FUTY and VYM?
86.4% of FUTY's money is in holdings VYM also owns. 5.7% of VYM's is in holdings FUTY also owns. They hold 51 positions in common, counted across the 63 positions we hold weights for in FUTY and 603 in VYM.
Which pays a higher dividend, FUTY or VYM?
FUTY yields 2.74% while VYM yields 2.22%, so FUTY currently pays the higher dividend yield.
Is VYM better than FUTY?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 52.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.