JOET vs VYM

JOET vs VYM

Which is better, JOET or VYM?

Large Cap Growth against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: JOET

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

MetricJOETVYM
Expense Ratio0.29%0.04%Best
AUM$245M$81.6B
Dividend Yield0.60%2.24%
Holdings125613
YTD Return+8.20%+15.29%Best
1Y Return+10.60%+22.23%Best
3Y Return (annualized)+17.20%+18.81%Best
5Y Return (annualized)+8.64%+12.14%Best
Volatility (annualized)16.3%13.2%Best
Max Drawdown-26.6%-15.8%Best
$10,000 over 5 years$15,134$17,734Best
Top 10 Weight9.2%Best25.9%
Fund FamilyVirtus Investment PartnersVanguard (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Value
InceptionNov 17, 2020Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Nov 18, 2020 to Sep 3, 2026 (5.8 years).

JOET 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 5.8 years both funds cover.

JOET vs VYM Performance

Virtus Terranova US Quality Momentum ETF (JOET) is an ETF from Virtus Investment Partners and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JOET returned +10.60% while VYM returned +22.23%. Year to date, JOET is up 8.20% versus a gain of 15.29% for VYM.

Over three years, JOET compounded at +17.20% per year against +18.81% for VYM; over five years the annualized figures are +8.64% and +12.14% respectively. Across the full 6-year window we track, VYM has the edge at +14.57% annualized vs +12.06%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

JOET has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 13.2% 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 -26.6% for JOET and -15.8% 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 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

JOET charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, JOET currently yields 0.60% against 2.24% for VYM.

Holdings Overlap

JOET already in VYM39.4%
VYM already in JOET27.2%

39.4% of JOET's money is in holdings VYM also owns. 27.2% of VYM's money is in holdings JOET also owns.

The two portfolios partly overlap.

50 positions in common, counted across the 124 positions we hold weights for in JOET and 603 in VYM, against full books of 125 and 613.

What only one of them owns

Measured across the 124 and 603 positions we hold weights for.

VYM holds 520 positions JOET does not, 70.3% of the fund.

Largest: JPM 3.38%, JNJ 2.54%, CAT 2.01%, ABBV 1.85%, UNH 1.56%

Top Shared Holdings

StockWeight in JOETWeight in VYMDifference
AVGOBroadcom Inc0.85%7.29%6.44%
XOMExxon Mobil Corp.0.77%2.36%1.59%
CSCOCisco Systems Inc. - Ordinary Shares0.82%1.93%1.11%
KOCoca Cola Co.0.77%1.31%0.54%
TXNTexas Instrument Inc0.78%1.13%0.35%
LINLinde Plc Ordinary Shares0.75%0.99%0.24%
ADIAnalog Devices, Inc.0.80%0.80%0.00%
ETNEaton Corp Plc0.90%0.69%0.21%
AMGNAmgen Inc.0.81%0.75%0.06%
QCOMQualcomm Inc.0.75%0.81%0.06%

39.4% of JOET is already inside VYM.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

JOETVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, JOET or VYM?

JOET has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.

Which performed better, JOET or VYM?

Over the past year JOET returned +10.60% vs +22.23% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), JOET annualized +12.06% vs +14.57% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, JOET or VYM?

JOET has been the more volatile fund at 16.3% annualized versus 13.2% for VYM. Worst drawdown: JOET -26.6% vs VYM -15.8%.

Should I hold both JOET and VYM?

JOET and VYM have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between JOET and VYM?

39.4% of JOET's money is in holdings VYM also owns. 27.2% of VYM's is in holdings JOET also owns. They hold 50 positions in common, counted across the 124 positions we hold weights for in JOET and 603 in VYM.

Which pays a higher dividend, JOET or VYM?

JOET yields 0.60% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

Is VYM better than JOET?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. JOET is less concentrated, with 9.2% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.