GSEW vs VYM
Goldman Sachs Equal Weight US Large Cap Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, GSEW or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. GSEW led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93.
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 | GSEW | VYM |
|---|---|---|
| Expense Ratio | 0.09% | 0.04%Best |
| AUM | $2.1B | $81.6B |
| Dividend Yield | 1.34% | 2.22% |
| Holdings | 500 | 613 |
| YTD Return | +11.61% | +13.91%Best |
| 1Y Return | +12.69% | +17.57%Best |
| 3Y Return (annualized) | +16.90% | +18.12%Best |
| 5Y Return (annualized) | +8.24% | +12.17%Best |
| Volatility (annualized) | 17.1% | 14.9%Best |
| Max Drawdown | -38.6% | -35.7%Best |
| $10,000 over 5 years | $14,857 | $17,758Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 12, 2017 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 14, 2017 to Sep 11, 2026 (9 years).
GSEW 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 9 years both funds cover.
GSEW vs VYM Performance
Goldman Sachs Equal Weight US Large Cap Equity ETF (GSEW) is an ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GSEW returned +12.69% while VYM returned +17.57%. Year to date, GSEW is up 11.61% versus a gain of 13.91% for VYM.
Over three years, GSEW compounded at +16.90% per year against +18.12% for VYM; over five years the annualized figures are +8.24% and +12.17% respectively. Across the full 9-year window we track, GSEW has the edge at +11.65% annualized vs +10.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSEW has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 14.9% 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 -38.6% for GSEW and -35.7% 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSEW charges 0.09% per year while VYM charges 0.04%. On a $10,000 position that is $9 vs $4 annually, a gap of $5 per year that compounds over a long holding period. On income, GSEW currently yields 1.34% against 2.22% for VYM.
Holdings Overlap
At least 72.7% of VYM's money is in holdings GSEW also owns.
Stated as a floor: for GSEW, our book for it covers 82.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of VYM is already inside GSEW. Owning both mostly buys the same companies twice.
The two holdings books were reported 48 days apart, GSEW as of Aug 17, 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.
176 positions in common, counted across the 412 positions we hold weights for in GSEW and 603 in VYM, against full books of 500 and 613.
Top Shared Holdings
| Stock | Weight in GSEW | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.18% | 7.29% | 7.11% |
| JPMJpmorgan Chase & Co. | 0.20% | 3.38% | 3.18% |
| XOMExxon Mobil Corp. | 0.21% | 2.36% | 2.15% |
| CATCaterpillar, Inc. | 0.19% | 2.01% | 1.82% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.18% | 1.93% | 1.75% |
| ABBVAbbvie Inc. | 0.20% | 1.85% | 1.65% |
| BACBank Of America Corp. | 0.20% | 1.56% | 1.36% |
| UNHUnitedhealth Group, Inc. | 0.19% | 1.56% | 1.37% |
| HDHome Depot Inc/The | 0.19% | 1.46% | 1.27% |
| PGProcter & Gamble Company | 0.19% | 1.42% | 1.23% |
72.7% of VYM is already inside GSEW.
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, GSEW or VYM?
GSEW has an expense ratio of 0.09% while VYM charges 0.04%. VYM is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, GSEW or VYM?
Over the past year GSEW returned +12.69% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), GSEW annualized +11.65% vs +10.06% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSEW or VYM?
GSEW has been the more volatile fund at 17.1% annualized versus 14.9% for VYM. Worst drawdown: GSEW -38.6% vs VYM -35.7%.
Should I hold both GSEW and VYM?
GSEW and VYM have a monthly-return correlation of 0.93, 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 GSEW and VYM?
At least 72.7% of VYM's money is in holdings GSEW also owns. Our book for GSEW is partial, so the real figure is this or higher. They hold 176 positions in common, counted across the 412 positions we hold weights for in GSEW and 603 in VYM.
Which pays a higher dividend, GSEW or VYM?
GSEW yields 1.34% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than GSEW?
VYM has a lower expense ratio. GSEW led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.