JPY vs VYM
Lazard Japanese Equity ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. JPY delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | JPY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.04% | |
| AUM | - | $81.6B | |
| Dividend Yield | 1.38% | 2.24% | |
| Holdings | 64 | 616 | |
| YTD Return | +22.41% | +16.42% | |
| 1Y Return | +31.03% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 14.3% | 14.6% | |
| Max Drawdown | -15.1% | -58.8% | |
| Fund Family | Lazard Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 4, 2025 | Nov 10, 2006 |
JPY vs VYM Performance
Lazard Japanese Equity ETF (JPY) is a ETF from Lazard Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JPY returned +31.03% while VYM returned +24.22%. Year to date, JPY is up 22.41% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.3% for JPY. 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 JPY 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JPY charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, JPY currently yields 1.38% against 2.24% for VYM.
Holdings Overlap
JPY and VYM share 0 holdings out of 664 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, JPY or VYM?
JPY has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, JPY or VYM?
Over the past year JPY returned +31.03% vs +24.22% for VYM, so JPY leads on 1-year performance. Over the longest common window we track (1 years), JPY annualized +51.99% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, JPY or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.3% for JPY. Worst drawdown: JPY -15.1% vs VYM -58.8%.
Should I hold both JPY and VYM?
JPY and VYM have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPY and VYM?
JPY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 664 unique securities.
Which pays a higher dividend, JPY or VYM?
JPY yields 1.38% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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