JOYT vs VYM
JPMorgan Equity and Options Total Return ETF vs Vanguard High Dividend Yield ETF
Which is better, JOYT or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JOYT led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.3%.
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 | JOYT | VYM |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $103M | $81.6B |
| Dividend Yield | 0.60% | 2.22% |
| Holdings | 118 | 613 |
| YTD Return | +8.91% | +11.35%Best |
| 1Y Return | +15.91%Best | +15.34% |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 7.3%Best | 9.8% |
| Max Drawdown | -7.0% | -6.7%Best |
| $10,000 over 1.1 years | $11,992Best | $11,929 |
| Top 10 Weight | 42.3% | 26.1%Best |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 18, 2025 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Sep 18, 2026 (1.1 years).
JOYT 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 1.1 years both funds cover.
JOYT vs VYM Performance
JPMorgan Equity and Options Total Return ETF (JOYT) 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 JOYT returned +15.91% while VYM returned +15.34%. Year to date, JOYT is up 8.91% versus a gain of 11.35% 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 9.8% compared with 7.3% for JOYT. 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 -7.0% for JOYT 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JOYT charges 0.35% per year while VYM charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, JOYT currently yields 0.60% against 2.22% for VYM.
Holdings Overlap
30.0% of JOYT's money is in holdings VYM also owns. 36.3% of VYM's money is in holdings JOYT also owns.
The two portfolios partly overlap.
44 positions in common, counted across the 113 positions we hold weights for in JOYT and 557 in VYM, against full books of 118 and 613.
What only one of them owns
Our book lists 484 positions for VYM that do not appear in our book for JOYT (60.8% of the fund), and 67 for JOYT that do not appear in VYM (69.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in JOYT | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.43% | 7.35% | 4.92% |
| XOMExxon Mobil Corp. | 1.83% | 2.63% | 0.80% |
| ABBVAbbvie Inc. | 1.42% | 1.80% | 0.38% |
| WFCWells Fargo & Co. | 2.13% | 1.07% | 1.06% |
| JNJJohnson & Johnson - Common | 0.39% | 2.51% | 2.12% |
| UNHUnitedhealth Group Incorporated | 0.91% | 1.52% | 0.61% |
| PMPhilip Morris International Inc. | 1.20% | 1.21% | 0.01% |
| MSMorgan Stanley Dean Witter | 0.80% | 0.96% | 0.16% |
| KOCoca Cola Co. | 0.35% | 1.38% | 1.03% |
| PGProcter & Gamble Company | 0.23% | 1.37% | 1.14% |
36.3% of VYM is already inside JOYT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JOYT or VYM?
JOYT has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, JOYT or VYM?
Over the past year JOYT returned +15.91% vs +15.34% for VYM, so JOYT leads on 1-year performance. Over the longest common window we track (1 years), JOYT annualized +17.96% vs +17.39% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JOYT or VYM?
VYM has been the more volatile fund at 9.8% annualized versus 7.3% for JOYT. Worst drawdown: JOYT -7.0% vs VYM -6.7%.
Should I hold both JOYT and VYM?
JOYT and VYM have a monthly-return correlation of 0.68, 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 JOYT and VYM?
36.3% of VYM's money is in holdings JOYT also owns. 36.3% of VYM's is in holdings JOYT also owns. They hold 44 positions in common, counted across the 113 positions we hold weights for in JOYT and 557 in VYM.
Which pays a higher dividend, JOYT or VYM?
JOYT yields 0.60% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than JOYT?
VYM has a lower expense ratio. JOYT led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.