JRE vs VYM
Janus Henderson US Real Estate ETF vs Vanguard High Dividend Yield ETF
Which is better, JRE or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 66.1%.
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 | JRE | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $4M | $81.6B |
| Dividend Yield | 4.65% | 2.24% |
| Holdings | 25 | 613 |
| Volatility (annualized) | 18.5% | 13.6%Best |
| Max Drawdown | -31.7% | -15.8%Best |
| $10,000 over 5.1 years | $12,894 | $18,375Best |
| Top 10 Weight | 66.1% | 25.9%Best |
| Fund Family | Janus Henderson Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Jun 22, 2021 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 29 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. JRE has data through Aug 6, 2026 and VYM through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 5.1 years row, are measured over the window both funds cover: Jun 23, 2021 to Aug 6, 2026 (5.1 years).
Risk: Volatility and Drawdowns
JRE has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 13.6% 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 -31.7% for JRE 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JRE charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, JRE currently yields 4.65% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 24 holdings in JRE and 603 in VYM, totalling 99.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 61 days apart, JRE as of Apr 30, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 24 positions we hold weights for in JRE and 603 in VYM, against full books of 25 and 613.
What only one of them owns
Our book lists 570 positions for VYM that do not appear in our book for JRE (97.4% of the fund), and 24 for JRE that do not appear in VYM (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of JRE 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, JRE or VYM?
JRE has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which is riskier, JRE or VYM?
JRE has been the more volatile fund at 18.5% annualized versus 13.6% for VYM. Worst drawdown: JRE -31.7% vs VYM -15.8%.
Should I hold both JRE and VYM?
JRE and VYM have a monthly-return correlation of 0.76, 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, JRE or VYM?
JRE yields 4.65% while VYM yields 2.24%, so JRE currently pays the higher dividend yield.
Is VYM better than JRE?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 66.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.