GGZ vs VYM
Gabelli Global Small and Mid Cap Value Trust vs Vanguard High Dividend Yield ETF
Which is better, GGZ or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. GGZ led over 3Y, VYM over 1Y, 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 | GGZ | VYM |
|---|---|---|
| Expense Ratio | 3.00% | 0.04%Best |
| AUM | $162M | $81.6B |
| Dividend Yield | 4.33% | 2.22% |
| Holdings | 312 | 613 |
| YTD Return | +6.63% | +11.71%Best |
| 1Y Return | +12.63% | +16.24%Best |
| 3Y Return (annualized) | +18.22%Best | +17.24% |
| 5Y Return (annualized) | +5.17% | +11.86%Best |
| Volatility (annualized) | 21.3% | 13.7%Best |
| Max Drawdown | -59.0% | -35.7%Best |
| $10,000 over 5 years | $12,866 | $17,514Best |
| Fund Family | Gabelli Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Jun 23, 2014 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2014 to Sep 16, 2026 (12.3 years).
GGZ 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 12.3 years both funds cover.
GGZ vs VYM Performance
Gabelli Global Small and Mid Cap Value Trust (GGZ) is an ETF from Gabelli Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GGZ returned +12.63% while VYM returned +16.24%. Year to date, GGZ is up 6.63% versus a gain of 11.71% for VYM.
Over three years, GGZ compounded at +18.22% per year against +17.24% for VYM; over five years the annualized figures are +5.17% and +11.86% respectively. Across the full 12-year window we track, VYM has the edge at +8.92% annualized vs +4.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGZ has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 13.7% 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 -59.0% for GGZ 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGZ charges 3.00% per year while VYM charges 0.04%. On a $10,000 position that is $300 vs $4 annually, a gap of $296 per year that compounds over a long holding period. On income, GGZ currently yields 4.33% against 2.22% for VYM.
Holdings Overlap
At least 1.4% of VYM's money is in holdings GGZ also owns.
Only one direction is shown: for GGZ, our book for it lists positions totalling 106.3% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
VYM and GGZ share little of their money.
The two holdings books were reported 122 days apart, GGZ as of Mar 31, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
32 positions in common, counted across the 300 positions we hold weights for in GGZ and 557 in VYM, against full books of 312 and 613.
Top Shared Holdings
| Stock | Weight in GGZ | Weight in VYM | Difference |
|---|---|---|---|
| TIGO:LUMillicom Intl Cellular-Sdr | 2.16% | 0.04% | 2.12% |
| NFGNational Fuel Gas Co | 1.86% | 0.03% | 1.83% |
| FLSFlowserve Corp. | 1.79% | 0.04% | 1.75% |
| GEFGreif Inc | 1.73% | 0.01% | 1.72% |
| HRIHerc Holdings Inc Com | 1.54% | 0.02% | 1.52% |
| DANDana Inc | 1.34% | 0.01% | 1.33% |
| JCIJohnson Controls International Plc | 0.62% | 0.36% | 0.26% |
| AVAAvista Corp | 0.92% | 0.01% | 0.91% |
| PNFPPinnacle Financial Partners Inc | 0.75% | 0.06% | 0.69% |
| ENREnergizer Holdings Inc | 0.58% | 0.01% | 0.57% |
You are not choosing between two funds in isolation.
Whichever of GGZ 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, GGZ or VYM?
GGZ has an expense ratio of 3.00% while VYM charges 0.04%. VYM is the cheaper option, by $296 a year on a $10,000 investment.
Which performed better, GGZ or VYM?
Over the past year GGZ returned +12.63% vs +16.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (12 years), GGZ annualized +4.80% vs +8.92% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGZ or VYM?
GGZ has been the more volatile fund at 21.3% annualized versus 13.7% for VYM. Worst drawdown: GGZ -59.0% vs VYM -35.7%.
Should I hold both GGZ and VYM?
GGZ and VYM have a monthly-return correlation of 0.86, 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 GGZ and VYM?
At least 1.4% of VYM's money is in holdings GGZ also owns. Our book for GGZ is partial, so the real figure is this or higher. They hold 32 positions in common, counted across the 300 positions we hold weights for in GGZ and 557 in VYM.
Which pays a higher dividend, GGZ or VYM?
GGZ yields 4.33% while VYM yields 2.22%, so GGZ currently pays the higher dividend yield.
Is VYM better than GGZ?
VYM has a lower expense ratio. GGZ led over 3Y, VYM over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.