FXP vs VYM
ProShares Ultrashort FTSE China 50 vs Vanguard High Dividend Yield ETF
Which is better, FXP or VYM?
Trading-Inverse Equity against Large Cap Value.
VYM has a lower expense ratio. FXP led over 1Y, VYM over 3Y, 5Y 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 | FXP | VYM |
|---|---|---|
| Expense Ratio | 0.95% | 0.04%Best |
| AUM | $5M | $81.6B |
| Dividend Yield | 3.20% | 2.22% |
| Holdings | 5 | 613 |
| YTD Return | +25.22%Best | +11.47% |
| 1Y Return | +27.00%Best | +15.94% |
| 3Y Return (annualized) | -29.17% | +18.03%Best |
| 5Y Return (annualized) | -21.08% | +12.35%Best |
| Volatility (annualized) | 48.1% | 14.8%Best |
| Max Drawdown | - | -57.3% |
| $10,000 over 5 years | $3,062 | $17,901Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Value |
| Inception | Nov 6, 2007 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 8, 2007 to Sep 21, 2026 (18.9 years).
FXP 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 18.9 years both funds cover.
FXP vs VYM Performance
ProShares Ultrashort FTSE China 50 (FXP) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FXP returned +27.00% while VYM returned +15.94%. Year to date, FXP is up 25.22% versus a gain of 11.47% for VYM.
Over three years, FXP compounded at -29.17% per year against +18.03% for VYM; over five years the annualized figures are -21.08% and +12.35% respectively. Across the full 19-year window we track, VYM has the edge at +7.03% annualized vs -28.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FXP has been the more volatile fund, with annualized monthly volatility of 48.1% compared with 14.8% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FXP charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, FXP currently yields 3.20% against 2.22% for VYM.
You are not choosing between two funds in isolation.
Whichever of FXP 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, FXP or VYM?
FXP has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, FXP or VYM?
Over the past year FXP returned +27.00% vs +15.94% for VYM, so FXP leads on 1-year performance. Over the longest common window we track (19 years), FXP annualized -28.27% vs +7.03% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXP or VYM?
FXP has been the more volatile fund at 48.1% annualized versus 14.8% for VYM.
Should I hold both FXP and VYM?
FXP and VYM have a monthly-return correlation of -0.37, 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, FXP or VYM?
FXP yields 3.20% while VYM yields 2.22%, so FXP currently pays the higher dividend yield.
Is VYM better than FXP?
VYM has a lower expense ratio. FXP led over 1Y, VYM over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.