HAP vs VYM

HAP vs VYM

Which is better, HAP or VYM?

Each has led over a different period.

VYM has a lower expense ratio. HAP led over 1Y, 3Y and 5Y, VYM over the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.8%.

Lower Fees: VYMHigher Returns: splitLess 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

MetricHAPVYM
Expense Ratio0.41%0.04%Best
AUM$299M$81.6B
Dividend Yield1.94%2.24%
Holdings131613
YTD Return+28.04%Best+14.33%
1Y Return+44.28%Best+20.01%
3Y Return (annualized)+18.44%Best+18.43%
5Y Return (annualized)+13.77%Best+12.16%
Volatility (annualized)20.2%14.7%Best
Max Drawdown-50.7%-49.3%Best
$10,000 over 5 years$19,061Best$17,750
Top 10 Weight36.8%25.9%Best
Fund FamilyVanEckVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionAug 29, 2008Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2008 to Sep 8, 2026 (18 years).

HAP 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 18 years both funds cover.

HAP vs VYM Performance

VanEck Natural Resources ETF (HAP) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year HAP returned +44.28% while VYM returned +20.01%. Year to date, HAP is up 28.04% versus a gain of 14.33% for VYM.

Over three years, HAP compounded at +18.44% per year against +18.43% for VYM; over five years the annualized figures are +13.77% and +12.16% respectively. Across the full 18-year window we track, VYM has the edge at +8.41% annualized vs +6.40%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HAP has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 14.7% 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 -50.7% for HAP and -49.3% 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

HAP charges 0.41% per year while VYM charges 0.04%. On a $10,000 position that is $41 vs $4 annually, a gap of $37 per year that compounds over a long holding period. On income, HAP currently yields 1.94% against 2.24% for VYM.

Holdings Overlap

HAP already in VYM31.7%
VYM already in HAP9.7%

31.7% of HAP's money is in holdings VYM also owns. 9.7% of VYM's money is in holdings HAP also owns.

The two portfolios partly overlap.

33 positions in common, counted across the 133 positions we hold weights for in HAP and 602 in VYM, against full books of 131 and 613.

What only one of them owns

Our book lists 537 positions for VYM that do not appear in our book for HAP (87.6% of the fund), and 17 for HAP that do not appear in VYM (22.7%).

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 HAPWeight in VYMDifference
XOMExxon Mobil Corp4.83%2.36%2.47%
CVXChevron Corp.United States -Energy4.71%1.28%3.43%
NEENextera Energy Inc3.73%0.76%2.97%
NEMNewmont Corp.1.65%0.41%1.24%
ADMArcher-Daniels-Midland Co.1.62%0.15%1.47%
COPConocophillips Co1.04%0.53%0.51%
CFCf Industries Ho1.14%0.07%1.07%
TSNTyson Foods Inc. Class A1.04%0.07%0.97%
WMBWilliams Cos Inc/the0.65%0.38%0.27%
NUENucor Corp.0.80%0.20%0.60%

31.7% of HAP 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.

HAPVYM

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Frequently Asked Questions

Which is cheaper, HAP or VYM?

HAP has an expense ratio of 0.41% while VYM charges 0.04%. VYM is the cheaper option, by $37 a year on a $10,000 investment.

Which performed better, HAP or VYM?

Over the past year HAP returned +44.28% vs +20.01% for VYM, so HAP leads on 1-year performance. Over the longest common window we track (18 years), HAP annualized +6.40% vs +8.41% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, HAP or VYM?

HAP has been the more volatile fund at 20.2% annualized versus 14.7% for VYM. Worst drawdown: HAP -50.7% vs VYM -49.3%.

Should I hold both HAP and VYM?

HAP and VYM have a monthly-return correlation of 0.82, 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 HAP and VYM?

31.7% of HAP's money is in holdings VYM also owns. 9.7% of VYM's is in holdings HAP also owns. They hold 33 positions in common, counted across the 133 positions we hold weights for in HAP and 602 in VYM.

Which pays a higher dividend, HAP or VYM?

HAP yields 1.94% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

Is VYM better than HAP?

VYM has a lower expense ratio. HAP led over 1Y, 3Y and 5Y, VYM over the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.