GMMA vs VYM
GammaRoad Market Navigation 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 | GMMA | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.77% | 0.04% | |
| AUM | $7M | $81.6B | |
| Dividend Yield | 3.45% | 2.24% | |
| Holdings | 4 | 616 | |
| YTD Return | +4.99% | +15.34% | |
| 1Y Return | +8.89% | +23.24% | |
| 3Y Return (annualized) | - | +19.22% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 6.3% | 14.6% | |
| Max Drawdown | -5.7% | -58.8% | |
| Fund Family | GammaRoad | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Sep 16, 2024 | Nov 10, 2006 |
GMMA vs VYM Performance
GammaRoad Market Navigation ETF (GMMA) is a ETF from GammaRoad and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GMMA returned +8.89% while VYM returned +23.24%. Year to date, GMMA is up 4.99% versus a gain of 15.34% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 6.3% for GMMA. 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 -5.7% for GMMA 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
GMMA charges 0.77% per year while VYM charges 0.04%. On a $10,000 position that is $77 vs $4 annually, a gap of $73 per year that compounds over a long holding period. On income, GMMA currently yields 3.45% against 2.24% for VYM.
Holdings Overlap
GMMA and VYM share 0 holdings out of 606 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, GMMA or VYM?
GMMA has an expense ratio of 0.77% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, GMMA or VYM?
Over the past year GMMA returned +8.89% vs +23.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), GMMA annualized +7.20% vs +7.04% for VYM. Past performance does not guarantee future results.
Which is riskier, GMMA or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 6.3% for GMMA. Worst drawdown: GMMA -5.7% vs VYM -58.8%.
Should I hold both GMMA and VYM?
GMMA 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 GMMA and VYM?
GMMA and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 606 unique securities.
Which pays a higher dividend, GMMA or VYM?
GMMA yields 3.45% while VYM yields 2.24%, so GMMA currently pays the higher dividend yield.
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