GINN vs VYM
Goldman Sachs Innovate Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, GINN or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. GINN led over 3Y, VYM over 1Y, 5Y and the full window. GINN is less concentrated, with 15.7% of the fund in its ten largest positions against 26.1%.
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 | GINN | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $198M | $81.6B |
| Dividend Yield | 1.12% | 2.22% |
| Holdings | 483 | 613 |
| YTD Return | +11.49%Best | +9.71% |
| 1Y Return | +13.21% | +13.77%Best |
| 3Y Return (annualized) | +21.59%Best | +17.30% |
| 5Y Return (annualized) | +6.46% | +11.45%Best |
| Volatility (annualized) | 18.3% | 13.4%Best |
| Max Drawdown | -41.3% | -15.8%Best |
| $10,000 over 5 years | $13,675 | $17,195Best |
| Top 10 Weight | 15.7%Best | 26.1% |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Nov 9, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2020 to Sep 24, 2026 (5.9 years).
GINN 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 5.9 years both funds cover.
GINN vs VYM Performance
Goldman Sachs Innovate Equity ETF (GINN) is an ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GINN returned +13.21% while VYM returned +13.77%. Year to date, GINN is up 11.49% versus a gain of 9.71% for VYM.
Over three years, GINN compounded at +21.59% per year against +17.30% for VYM; over five years the annualized figures are +6.46% and +11.45% respectively. Across the full 6-year window we track, VYM has the edge at +13.71% annualized vs +9.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GINN has been the more volatile fund, with annualized monthly volatility of 18.3% 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 -41.3% for GINN and -15.8% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GINN charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, GINN currently yields 1.12% against 2.22% for VYM.
Holdings Overlap
17.8% of GINN's money is in holdings VYM also owns. 30.3% of VYM's money is in holdings GINN also owns.
The two portfolios partly overlap.
59 positions in common, counted across the 474 positions we hold weights for in GINN and 557 in VYM, against full books of 483 and 613.
What only one of them owns
Our book lists 469 positions for VYM that do not appear in our book for GINN (66.7% of the fund), and 263 for GINN that do not appear in VYM (56.8%).
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 GINN | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.70% | 7.35% | 6.65% |
| JNJJohnson & Johnson - Common | 0.84% | 2.51% | 1.67% |
| ABBVAbbvie Inc. | 0.64% | 1.80% | 1.16% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.47% | 1.86% | 1.39% |
| MRKMerck & Company Inc | 0.64% | 1.31% | 0.67% |
| GSGoldman Sachs Group Inc/The | 0.62% | 1.13% | 0.51% |
| MSMorgan Stanley | 0.54% | 0.96% | 0.42% |
| ABTAbbott Laboratories | 0.56% | 0.74% | 0.18% |
| AMGNAmgen Inc. | 0.49% | 0.78% | 0.29% |
| IBMInternational Business Machines Corp. | 0.39% | 0.85% | 0.46% |
30.3% of VYM is already inside GINN.
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, GINN or VYM?
GINN has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, GINN or VYM?
Over the past year GINN returned +13.21% vs +13.77% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), GINN annualized +9.30% vs +13.71% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GINN or VYM?
GINN has been the more volatile fund at 18.3% annualized versus 13.4% for VYM. Worst drawdown: GINN -41.3% vs VYM -15.8%.
Should I hold both GINN and VYM?
GINN and VYM have a monthly-return correlation of 0.69, 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 GINN and VYM?
30.3% of VYM's money is in holdings GINN also owns. 30.3% of VYM's is in holdings GINN also owns. They hold 59 positions in common, counted across the 474 positions we hold weights for in GINN and 557 in VYM.
Which pays a higher dividend, GINN or VYM?
GINN yields 1.12% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than GINN?
VYM has a lower expense ratio. GINN led over 3Y, VYM over 1Y, 5Y and the full window. GINN is less concentrated, with 15.7% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.