GMOI vs VYM
GMO International Value ETF vs Vanguard High Dividend Yield ETF
Which is better, GMOI or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. GMOI led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 28.8%.
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 | GMOI | VYM |
|---|---|---|
| Expense Ratio | 0.60% | 0.04%Best |
| AUM | $690M | $81.6B |
| Dividend Yield | 2.64% | 2.24% |
| Holdings | 185 | 613 |
| YTD Return | +22.69%Best | +14.33% |
| 1Y Return | +36.39%Best | +20.01% |
| 3Y Return (annualized) | - | +18.43% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 10.7% | 10.5%Best |
| Max Drawdown | -14.7% | -14.5%Best |
| $10,000 over 1.9 years | $17,463Best | $13,395 |
| Top 10 Weight | 28.8% | 25.9%Best |
| Fund Family | GMO | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Oct 28, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 29, 2024 to Sep 8, 2026 (1.9 years).
GMOI 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 1.9 years both funds cover.
GMOI vs VYM Performance
GMO International Value ETF (GMOI) is an ETF from GMO and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GMOI returned +36.39% while VYM returned +20.01%. Year to date, GMOI is up 22.69% versus a gain of 14.33% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMOI has been the more volatile fund, with annualized monthly volatility of 10.7% compared with 10.5% 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 -14.7% for GMOI and -14.5% 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GMOI charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, GMOI currently yields 2.64% against 2.24% for VYM.
Holdings Overlap
0.1% of GMOI's money is in holdings VYM also owns. 0.1% of VYM's money is in holdings GMOI also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 49 days apart, GMOI as of Aug 18, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 174 positions we hold weights for in GMOI and 602 in VYM, against full books of 185 and 613.
What only one of them owns
Our book lists 567 positions for VYM that do not appear in our book for GMOI (97.1% of the fund), and 15 for GMOI that do not appear in VYM (16.3%).
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.
You are not choosing between two funds in isolation.
Whichever of GMOI 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, GMOI or VYM?
GMOI has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, GMOI or VYM?
Over the past year GMOI returned +36.39% vs +20.01% for VYM, so GMOI leads on 1-year performance. Over the longest common window we track (2 years), GMOI annualized +34.10% vs +16.63% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMOI or VYM?
GMOI has been the more volatile fund at 10.7% annualized versus 10.5% for VYM. Worst drawdown: GMOI -14.7% vs VYM -14.5%.
Should I hold both GMOI and VYM?
GMOI and VYM have a monthly-return correlation of 0.57, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GMOI or VYM?
GMOI yields 2.64% while VYM yields 2.24%, so GMOI currently pays the higher dividend yield.
Is VYM better than GMOI?
VYM has a lower expense ratio. GMOI led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 28.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.