GENM vs VYM

GENM vs VYM
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Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricGENMVYMWinner
Expense Ratio0.39%0.04%
AUM$31M$81.6B
Dividend Yield3.22%2.24%
Holdings75616
YTD Return+0.75%+15.75%
1Y Return+3.07%+23.85%
3Y Return (annualized)-+19.14%
5Y Return (annualized)-+12.45%
Volatility (annualized)2.8%14.6%
Max Drawdown-2.4%-58.8%
Fund FamilyGenter Capital ManagementVanguard (US)
CategoryTax PreferredEquity
InceptionMay 21, 2024Nov 10, 2006

GENM vs VYM Performance

Genter Capital Municipal Quality Intermediate ETF (GENM) is a ETF from Genter Capital Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GENM returned +3.07% while VYM returned +23.85%. Year to date, GENM is up 0.75% versus a gain of 15.75% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 2.8% for GENM. 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 -2.4% for GENM 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 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

GENM charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, GENM currently yields 3.22% against 2.24% for VYM.

Holdings Overlap

0.0%overlap

GENM and VYM share 0 holdings out of 620 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, GENM or VYM?

GENM has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, GENM or VYM?

Over the past year GENM returned +3.07% vs +23.85% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), GENM annualized +3.45% vs +7.06% for VYM. Past performance does not guarantee future results.

Which is riskier, GENM or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 2.8% for GENM. Worst drawdown: GENM -2.4% vs VYM -58.8%.

Should I hold both GENM and VYM?

GENM and VYM have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GENM and VYM?

GENM and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 620 unique securities.

Which pays a higher dividend, GENM or VYM?

GENM yields 3.22% while VYM yields 2.24%, so GENM currently pays the higher dividend yield.

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