GOP vs VYM

GOP vs VYM

Which is better, GOP or VYM?

Large Cap Blend against Large Cap Value.

VYM has a lower expense ratio. GOP led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.5%.

Lower Fees: VYMHigher Returns: GOPLess Concentrated: VYM

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

MetricGOPVYM
Expense Ratio0.73%0.04%Best
AUM$92M$81.6B
Dividend Yield0.56%2.22%
Holdings141613
YTD Return+21.50%Best+10.23%
1Y Return+24.61%Best+14.28%
3Y Return (annualized)+22.39%Best+17.50%
5Y Return (annualized)-+11.60%
Volatility (annualized)13.2%11.4%Best
Max Drawdown-20.7%-14.5%Best
$10,000 over 3.6 years$17,958Best$15,676
Top 10 Weight35.5%26.1%Best
Fund FamilySubversive CapitalVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Value
InceptionFeb 7, 2023Nov 10, 2006

Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Feb 7, 2023 to Sep 23, 2026 (3.6 years).

GOP 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 3.6 years both funds cover.

GOP vs VYM Performance

Subversive Congressional Republicans Trading ETF (GOP) is an ETF from Subversive Capital and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GOP returned +24.61% while VYM returned +14.28%. Year to date, GOP is up 21.50% versus a gain of 10.23% for VYM.

Over three years, GOP compounded at +22.39% per year against +17.50% for VYM. Across the full 4-year window we track, GOP has the edge at +17.66% annualized vs +13.30%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GOP has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 11.4% 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 -20.7% for GOP 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

GOP charges 0.73% per year while VYM charges 0.04%. On a $10,000 position that is $73 vs $4 annually, a gap of $69 per year that compounds over a long holding period. On income, GOP currently yields 0.56% against 2.22% for VYM.

Holdings Overlap

GOP already in VYM37.4%
VYM already in GOP41.7%

37.4% of GOP's money is in holdings VYM also owns. 41.7% of VYM's money is in holdings GOP also owns.

The two portfolios partly overlap.

60 positions in common, counted across the 136 positions we hold weights for in GOP and 557 in VYM, against full books of 141 and 613.

What only one of them owns

Our book lists 468 positions for VYM that do not appear in our book for GOP (55.4% of the fund), and 69 for GOP that do not appear in VYM (56.9%).

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

StockWeight in GOPWeight in VYMDifference
JPMJpmorgan Chase4.51%3.82%0.69%
AVGOBroadcom Inc0.91%7.35%6.44%
JNJJohnson & Johnson - Common1.44%2.51%1.07%
CVXChevron Corp1.78%1.48%0.30%
TBBAt&t Inc1.94%0.64%1.30%
ALLAllstate Corp.2.12%0.27%1.85%
COPConocophillips Common Stock USD 0.011.69%0.60%1.09%
TXNTexas Instrument Inc1.25%1.02%0.23%
CATCaterpillar, Inc.0.74%1.50%0.76%
CSCOCisco Systems Inc. - Ordinary Shares0.29%1.86%1.57%

41.7% of VYM is already inside GOP.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

GOPVYM

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Frequently Asked Questions

Which is cheaper, GOP or VYM?

GOP has an expense ratio of 0.73% while VYM charges 0.04%. VYM is the cheaper option, by $69 a year on a $10,000 investment.

Which performed better, GOP or VYM?

Over the past year GOP returned +24.61% vs +14.28% for VYM, so GOP leads on 1-year performance. Over the longest common window we track (4 years), GOP annualized +17.66% vs +13.30% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GOP or VYM?

GOP has been the more volatile fund at 13.2% annualized versus 11.4% for VYM. Worst drawdown: GOP -20.7% vs VYM -14.5%.

Should I hold both GOP and VYM?

GOP and VYM have a monthly-return correlation of 0.83, 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 GOP and VYM?

41.7% of VYM's money is in holdings GOP also owns. 41.7% of VYM's is in holdings GOP also owns. They hold 60 positions in common, counted across the 136 positions we hold weights for in GOP and 557 in VYM.

Which pays a higher dividend, GOP or VYM?

GOP yields 0.56% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than GOP?

VYM has a lower expense ratio. GOP led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.