GGME vs VYM

GGME 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

MetricGGMEVYMWinner
Expense Ratio0.62%0.04%
AUM$47M$81.6B
Dividend Yield0.02%2.24%
Holdings109616
YTD Return+6.35%+15.34%
1Y Return+2.74%+23.24%
3Y Return (annualized)+24.20%+19.22%
5Y Return (annualized)+4.48%+12.21%
Volatility (annualized)21.7%14.6%
Max Drawdown-69.8%-58.8%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 23, 2005Nov 10, 2006

GGME vs VYM Performance

Invesco Next Gen Media and Gaming ETF (GGME) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GGME returned +2.74% while VYM returned +23.24%. Year to date, GGME is up 6.35% versus a gain of 15.34% for VYM.

Over three years, GGME compounded at +24.20% per year against +19.22% for VYM; over five years the annualized figures are +4.48% and +12.21% respectively. Across the full 20-year window we track, GGME has the edge at +7.25% annualized vs +7.04%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GGME has been the more volatile fund, with annualized monthly volatility of 21.7% 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 -69.8% for GGME 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 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

GGME charges 0.62% per year while VYM charges 0.04%. On a $10,000 position that is $62 vs $4 annually, a gap of $58 per year that compounds over a long holding period. On income, GGME currently yields 0.02% against 2.24% for VYM.

Holdings Overlap

0.8%overlap

GGME and VYM share 2 holdings out of 699 unique holdings combined, representing a 0.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GGMEWeight in VYMDifference
QCOM4.20%0.81%3.39%
DLB0.18%0.01%0.17%

Frequently Asked Questions

Which is cheaper, GGME or VYM?

GGME has an expense ratio of 0.62% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $58 per year of difference.

Which performed better, GGME or VYM?

Over the past year GGME returned +2.74% vs +23.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), GGME annualized +7.25% vs +7.04% for VYM. Past performance does not guarantee future results.

Which is riskier, GGME or VYM?

GGME has been the more volatile fund at 21.7% annualized versus 14.6% for VYM. Worst drawdown: GGME -69.8% vs VYM -58.8%.

Should I hold both GGME and VYM?

GGME and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GGME and VYM?

GGME and VYM share 2 common holdings with a 0.8% weight overlap. Combined, they hold 699 unique securities.

Which pays a higher dividend, GGME or VYM?

GGME yields 0.02% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

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