GKAT vs VYM
Scharf Global Opportunity ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | GKAT | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.04% | |
| AUM | $169M | $81.6B | |
| Dividend Yield | 0.65% | 2.24% | |
| Holdings | 36 | 616 | |
| YTD Return | +12.11% | +16.42% | |
| 1Y Return | +19.25% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 13.4% | 14.6% | |
| Max Drawdown | -10.4% | -58.8% | |
| Fund Family | Scharf Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 14, 2014 | Nov 10, 2006 |
GKAT vs VYM Performance
Scharf Global Opportunity ETF (GKAT) is a ETF from Scharf Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GKAT returned +19.25% while VYM returned +24.22%. Year to date, GKAT is up 12.11% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.4% for GKAT. 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 -10.4% for GKAT 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GKAT charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, GKAT currently yields 0.65% against 2.24% for VYM.
Holdings Overlap
GKAT and VYM share 5 holdings out of 630 unique holdings combined, representing a 2.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GKAT or VYM?
GKAT has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $55 per year of difference.
Which performed better, GKAT or VYM?
Over the past year GKAT returned +19.25% vs +24.22% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, GKAT or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.4% for GKAT. Worst drawdown: GKAT -10.4% vs VYM -58.8%.
Should I hold both GKAT and VYM?
GKAT and VYM have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GKAT and VYM?
GKAT and VYM share 5 common holdings with a 2.5% weight overlap. Combined, they hold 630 unique securities.
Which pays a higher dividend, GKAT or VYM?
GKAT yields 0.65% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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