HFMF vs VYM
Unlimited HFMF Managed Futures 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 | HFMF | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.04% | |
| AUM | $24M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 18 | 568 | |
| YTD Return | +3.49% | +16.53% | |
| 1Y Return | +8.19% | +25.03% | |
| 3Y Return (annualized) | - | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 11.7% | 14.6% | |
| Max Drawdown | -15.1% | -58.8% | |
| Fund Family | Unlimited Funds | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 14, 2025 | Nov 10, 2006 |
HFMF vs VYM Performance
Unlimited HFMF Managed Futures ETF (HFMF) is a ETF from Unlimited Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year HFMF returned +8.19% while VYM returned +25.03%. Year to date, HFMF is up 3.49% versus a gain of 16.53% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 11.7% for HFMF. 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 -15.1% for HFMF 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HFMF charges 0.97% per year while VYM charges 0.04%. On a $10,000 position that is $97 vs $4 annually, a gap of $93 per year that compounds over a long holding period. On income, HFMF currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
HFMF and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HFMF or VYM?
HFMF has an expense ratio of 0.97% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, HFMF or VYM?
Over the past year HFMF returned +8.19% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), HFMF annualized +9.88% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, HFMF or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 11.7% for HFMF. Worst drawdown: HFMF -15.1% vs VYM -58.8%.
Should I hold both HFMF and VYM?
HFMF and VYM have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HFMF and VYM?
HFMF and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, HFMF or VYM?
HFMF yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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