HBTC vs VYM
Fortuna Hedged Bitcoin ETF vs Vanguard High Dividend Yield ETF
Which is better, HBTC or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | HBTC | VYM |
|---|---|---|
| Expense Ratio | 1.97% | 0.04%Best |
| AUM | $831,794.61 | $81.6B |
| Dividend Yield | 0.31% | 2.22% |
| Holdings | 7 | 613 |
| YTD Return | -11.31% | +13.15%Best |
| 1Y Return | -22.27% | +17.82%Best |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 27.7% | 9.5%Best |
| Max Drawdown | -40.5% | -11.5%Best |
| $10,000 over 1.5 years | $9,141 | $12,957Best |
| Fund Family | Fortuna Funds | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 26, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 19, 2025 to Sep 10, 2026 (1.5 years).
HBTC 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 1.5 years both funds cover.
HBTC vs VYM Performance
Fortuna Hedged Bitcoin ETF (HBTC) is an ETF from Fortuna Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year HBTC returned -22.27% while VYM returned +17.82%. Year to date, HBTC is down 11.31% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HBTC has been the more volatile fund, with annualized monthly volatility of 27.7% compared with 9.5% 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 -40.5% for HBTC and -11.5% 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 -0.09. They move largely independently of each other.
Fees and Cost Over Time
HBTC charges 1.97% per year while VYM charges 0.04%. On a $10,000 position that is $197 vs $4 annually, a gap of $193 per year that compounds over a long holding period. On income, HBTC currently yields 0.31% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in HBTC and 603 in VYM, totalling 45.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 55 days apart, HBTC as of Aug 24, 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.
0 positions in common, counted across the 1 positions we hold weights for in HBTC and 603 in VYM, against full books of 7 and 613.
You are not choosing between two funds in isolation.
Whichever of HBTC and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HBTC or VYM?
HBTC has an expense ratio of 1.97% while VYM charges 0.04%. VYM is the cheaper option, by $193 a year on a $10,000 investment.
Which performed better, HBTC or VYM?
Over the past year HBTC returned -22.27% vs +17.82% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), HBTC annualized -5.81% vs +18.85% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HBTC or VYM?
HBTC has been the more volatile fund at 27.7% annualized versus 9.5% for VYM. Worst drawdown: HBTC -40.5% vs VYM -11.5%.
Should I hold both HBTC and VYM?
HBTC and VYM have a monthly-return correlation of -0.09, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HBTC or VYM?
HBTC yields 0.31% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than HBTC?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.