GMOV vs VYM
GMO US Value ETF vs Vanguard High Dividend Yield ETF
Which is better, GMOV or VYM?
GMOV has been ahead.
VYM has a lower expense ratio. GMOV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 32.6%.
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 | GMOV | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $107M | $81.6B |
| Dividend Yield | 1.88% | 2.22% |
| Holdings | 166 | 613 |
| YTD Return | +18.98%Best | +13.15% |
| 1Y Return | +26.20%Best | +17.82% |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 12.3% | 10.6%Best |
| Max Drawdown | -17.0% | -14.5%Best |
| $10,000 over 1.9 years | $13,618Best | $13,243 |
| Top 10 Weight | 32.6% | 25.9%Best |
| Fund Family | GMO | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | 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 10, 2026 (1.9 years).
GMOV 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.
GMOV vs VYM Performance
GMO US Value ETF (GMOV) is an ETF from GMO and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GMOV returned +26.20% while VYM returned +17.82%. Year to date, GMOV is up 18.98% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMOV has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 10.6% 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 -17.0% for GMOV 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GMOV 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, GMOV currently yields 1.88% against 2.22% for VYM.
Holdings Overlap
73.9% of GMOV's money is in holdings VYM also owns. 39.3% of VYM's money is in holdings GMOV also owns.
Most of GMOV is already inside VYM. Owning both mostly buys the same companies twice.
The two holdings books were reported 49 days apart, GMOV 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.
116 positions in common, counted across the 163 positions we hold weights for in GMOV and 603 in VYM, against full books of 166 and 613.
What only one of them owns
Our book lists 453 positions for VYM that do not appear in our book for GMOV (58.3% of the fund), and 45 for GMOV that do not appear in VYM (25.9%).
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 GMOV | Weight in VYM | Difference |
|---|---|---|---|
| JPMJpmorgan Chase & Co. | 2.60% | 3.38% | 0.78% |
| XOMExxon Mobil Corp. | 3.60% | 2.36% | 1.24% |
| JNJJohnson & Johnson | 2.00% | 2.54% | 0.54% |
| MRKMerck & Co. Inc. | 2.90% | 1.32% | 1.58% |
| BACBank Of America Corp. | 2.20% | 1.56% | 0.64% |
| VZVerizon Communications, Inc. | 2.50% | 0.74% | 1.76% |
| PGProcter & Gamble Company | 1.60% | 1.42% | 0.18% |
| PFEPfizer, Inc. | 2.30% | 0.57% | 1.73% |
| QCOMQualcomm Inc. | 1.90% | 0.81% | 1.09% |
| BMYBristol-Myers Squibb Co. | 2.00% | 0.49% | 1.51% |
73.9% of GMOV is already inside VYM.
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, GMOV or VYM?
GMOV 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, GMOV or VYM?
Over the past year GMOV returned +26.20% vs +17.82% for VYM, so GMOV leads on 1-year performance. Over the longest common window we track (2 years), GMOV annualized +17.65% vs +15.93% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMOV or VYM?
GMOV has been the more volatile fund at 12.3% annualized versus 10.6% for VYM. Worst drawdown: GMOV -17.0% vs VYM -14.5%.
Should I hold both GMOV and VYM?
GMOV and VYM have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GMOV and VYM?
73.9% of GMOV's money is in holdings VYM also owns. 39.3% of VYM's is in holdings GMOV also owns. They hold 116 positions in common, counted across the 163 positions we hold weights for in GMOV and 603 in VYM.
Which pays a higher dividend, GMOV or VYM?
GMOV yields 1.88% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than GMOV?
VYM has a lower expense ratio. GMOV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 32.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.