HBTA vs VYM
Horizon Expedition Plus ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | HBTA | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.04% | |
| AUM | $226M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 209 | 568 | |
| YTD Return | +5.55% | +16.53% | |
| 1Y Return | +21.60% | +25.03% | |
| 3Y Return (annualized) | - | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 19.4% | 14.6% | |
| Max Drawdown | -23.8% | -58.8% | |
| Fund Family | Horizon Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 22, 2025 | Nov 10, 2006 |
HBTA vs VYM Performance
Horizon Expedition Plus ETF (HBTA) is a ETF from Horizon Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year HBTA returned +21.60% while VYM returned +25.03%. Year to date, HBTA is up 5.55% versus a gain of 16.53% for VYM.
Risk: Volatility and Drawdowns
HBTA has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.6% 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 -23.8% for HBTA and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HBTA charges 0.86% per year while VYM charges 0.04%. On a $10,000 position that is $86 vs $4 annually, a gap of $82 per year that compounds over a long holding period. On income, HBTA currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
HBTA and VYM share 77 holdings out of 680 unique holdings combined, representing a 19.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HBTA or VYM?
HBTA has an expense ratio of 0.86% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, HBTA or VYM?
Over the past year HBTA returned +21.60% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), HBTA annualized +0.14% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, HBTA or VYM?
HBTA has been the more volatile fund at 19.4% annualized versus 14.6% for VYM. Worst drawdown: HBTA -23.8% vs VYM -58.8%.
Should I hold both HBTA and VYM?
HBTA and VYM have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HBTA and VYM?
HBTA and VYM share 77 common holdings with a 19.7% weight overlap. Combined, they hold 680 unique securities.
Which pays a higher dividend, HBTA or VYM?
HBTA yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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