HYGV vs VYM
Northern Trust High Yield Value-Scored Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, HYGV or VYM?
High Yield Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y 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 | HYGV | VYM |
|---|---|---|
| Expense Ratio | 0.37% | 0.04%Best |
| AUM | $1.1B | $81.6B |
| Dividend Yield | 7.40% | 2.24% |
| Holdings | 978 | 613 |
| YTD Return | +2.11% | +14.33%Best |
| 1Y Return | +4.19% | +20.01%Best |
| 3Y Return (annualized) | +7.72% | +18.43%Best |
| 5Y Return (annualized) | +3.28% | +12.16%Best |
| Volatility (annualized) | 9.0%Best | 15.3% |
| Max Drawdown | -25.9%Best | -35.7% |
| $10,000 over 5 years | $11,751 | $17,750Best |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Jul 17, 2018 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 18, 2018 to Sep 8, 2026 (8.1 years).
HYGV 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 8.1 years both funds cover.
HYGV vs VYM Performance
Northern Trust High Yield Value-Scored Bond ETF (HYGV) is an ETF from Northern Trust Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year HYGV returned +4.19% while VYM returned +20.01%. Year to date, HYGV is up 2.11% versus a gain of 14.33% for VYM.
Over three years, HYGV compounded at +7.72% per year against +18.43% for VYM; over five years the annualized figures are +3.28% and +12.16% respectively. Across the full 8-year window we track, VYM has the edge at +10.50% annualized vs +2.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.0% for HYGV. 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 -25.9% for HYGV 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYGV charges 0.37% per year while VYM charges 0.04%. On a $10,000 position that is $37 vs $4 annually, a gap of $33 per year that compounds over a long holding period. On income, HYGV currently yields 7.40% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 804 holdings in HYGV and 602 in VYM, totalling 73.9% and 99.5% of the two funds. That is not enough of HYGV to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 804 positions we hold weights for in HYGV and 602 in VYM, against full books of 978 and 613.
Top Shared Holdings
| Stock | Weight in HYGV | Weight in VYM | Difference |
|---|---|---|---|
| PFSI 4.25 02/15/29 1Pennymac Financial Services Inc | 0.01% | 0.01% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of HYGV 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, HYGV or VYM?
HYGV has an expense ratio of 0.37% while VYM charges 0.04%. VYM is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, HYGV or VYM?
Over the past year HYGV returned +4.19% vs +20.01% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), HYGV annualized +2.36% vs +10.50% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYGV or VYM?
VYM has been the more volatile fund at 15.3% annualized versus 9.0% for HYGV. Worst drawdown: HYGV -25.9% vs VYM -35.7%.
Should I hold both HYGV and VYM?
HYGV and VYM have a monthly-return correlation of 0.80, 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, HYGV or VYM?
HYGV yields 7.40% while VYM yields 2.24%, so HYGV currently pays the higher dividend yield.
Is VYM better than HYGV?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.