JMTG vs VYM
JPMorgan Mortgage-Backed Securities ETF vs Vanguard High Dividend Yield ETF
Which is better, JMTG or VYM?
VYM has been ahead.
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 | JMTG | VYM |
|---|---|---|
| Expense Ratio | 0.24% | 0.04%Best |
| AUM | $6.8B | $81.6B |
| Dividend Yield | 4.35% | 2.22% |
| Holdings | 2,589 | 613 |
| YTD Return | -2.02% | +9.71%Best |
| 1Y Return | -0.67% | +13.77%Best |
| 3Y Return (annualized) | - | +17.30% |
| 5Y Return (annualized) | - | +11.45% |
| Volatility (annualized) | 4.2%Best | 10.0% |
| Max Drawdown | -4.4%Best | -6.7% |
| $10,000 over 1.2 years | $10,159 | $12,000Best |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Jun 27, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 30, 2025 to Sep 24, 2026 (1.2 years).
JMTG 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 1.2 years both funds cover.
JMTG vs VYM Performance
JPMorgan Mortgage-Backed Securities ETF (JMTG) is an ETF from J.P. Morgan Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JMTG returned -0.67% while VYM returned +13.77%. Year to date, JMTG is down 2.02% versus a gain of 9.71% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.0% compared with 4.2% for JMTG. 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 -4.4% for JMTG and -6.7% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JMTG charges 0.24% per year while VYM charges 0.04%. On a $10,000 position that is $24 vs $4 annually, a gap of $20 per year that compounds over a long holding period. On income, JMTG currently yields 4.35% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1,237 holdings in JMTG and 557 in VYM, totalling 70.5% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,237 positions we hold weights for in JMTG and 557 in VYM, against full books of 2,589 and 613.
You are not choosing between two funds in isolation.
Whichever of JMTG 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, JMTG or VYM?
JMTG has an expense ratio of 0.24% while VYM charges 0.04%. VYM is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, JMTG or VYM?
Over the past year JMTG returned -0.67% vs +13.77% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), JMTG annualized +1.32% vs +16.41% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JMTG or VYM?
VYM has been the more volatile fund at 10.0% annualized versus 4.2% for JMTG. Worst drawdown: JMTG -4.4% vs VYM -6.7%.
Should I hold both JMTG and VYM?
JMTG and VYM have a monthly-return correlation of 0.65, 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, JMTG or VYM?
JMTG yields 4.35% while VYM yields 2.22%, so JMTG currently pays the higher dividend yield.
Is VYM better than JMTG?
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.