JUST vs VYM
Goldman Sachs JUST US Large Cap Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, JUST or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 40.6%.
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 | JUST | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $570M | $81.6B |
| Dividend Yield | 0.93% | 2.22% |
| Holdings | 463 | 613 |
| YTD Return | +14.99%Best | +11.47% |
| 1Y Return | +18.43%Best | +15.94% |
| 3Y Return (annualized) | +22.82%Best | +18.03% |
| 5Y Return (annualized) | +13.14%Best | +12.35% |
| Volatility (annualized) | 16.7% | 15.3%Best |
| Max Drawdown | -33.8%Best | -35.7% |
| $10,000 over 5 years | $18,539Best | $17,901 |
| Top 10 Weight | 40.6% | 26.1%Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 7, 2018 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2018 to Sep 21, 2026 (8.3 years).
JUST 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 8.3 years both funds cover.
JUST vs VYM Performance
Goldman Sachs JUST US Large Cap Equity ETF (JUST) is an ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year JUST returned +18.43% while VYM returned +15.94%. Year to date, JUST is up 14.99% versus a gain of 11.47% for VYM.
Over three years, JUST compounded at +22.82% per year against +18.03% for VYM; over five years the annualized figures are +13.14% and +12.35% respectively. Across the full 8-year window we track, JUST has the edge at +13.90% annualized vs +9.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JUST has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 15.3% 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 -33.8% for JUST and -35.7% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JUST charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, JUST currently yields 0.93% against 2.22% for VYM.
Holdings Overlap
37.5% of JUST's money is in holdings VYM also owns. 78.7% of VYM's money is in holdings JUST also owns.
Most of VYM is already inside JUST. Owning both mostly buys the same companies twice.
238 positions in common, counted across the 461 positions we hold weights for in JUST and 557 in VYM, against full books of 463 and 613.
What only one of them owns
Our book lists 293 positions for VYM that do not appear in our book for JUST (18.7% of the fund), and 217 for JUST that do not appear in VYM (62.4%).
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 JUST | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.77% | 7.35% | 4.58% |
| JPMJpmorgan Chase | 2.07% | 3.82% | 1.75% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.42% | 2.63% | 1.21% |
| JNJJohnson & Johnson - Common | 1.04% | 2.51% | 1.47% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.86% | 1.86% | 1.00% |
| ABBVAbbvie Inc. | 0.74% | 1.80% | 1.06% |
| BACBank of America Corp.: Financials | 0.87% | 1.66% | 0.79% |
| CATCaterpillar, Inc. | 0.68% | 1.50% | 0.82% |
| UNHUnitedhealth Group Incorporated | 0.57% | 1.52% | 0.95% |
| KOCoca Cola Co. | 0.68% | 1.38% | 0.70% |
78.7% of VYM is already inside JUST.
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, JUST or VYM?
JUST has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, JUST or VYM?
Over the past year JUST returned +18.43% vs +15.94% for VYM, so JUST leads on 1-year performance. Over the longest common window we track (8 years), JUST annualized +13.90% vs +9.93% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUST or VYM?
JUST has been the more volatile fund at 16.7% annualized versus 15.3% for VYM. Worst drawdown: JUST -33.8% vs VYM -35.7%.
Should I hold both JUST and VYM?
JUST and VYM have a monthly-return correlation of 0.88, 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 JUST and VYM?
78.7% of VYM's money is in holdings JUST also owns. 78.7% of VYM's is in holdings JUST also owns. They hold 238 positions in common, counted across the 461 positions we hold weights for in JUST and 557 in VYM.
Which pays a higher dividend, JUST or VYM?
JUST yields 0.93% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than JUST?
VYM has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 40.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.