KALL vs VYM
KraneShares MSCI All China Index ETF vs Vanguard High Dividend Yield ETF
Which is better, KALL or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | KALL | VYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.04%Best |
| AUM | $9M | $81.6B |
| Dividend Yield | 2.19% | 2.24% |
| Holdings | 210 | 613 |
| Volatility (annualized) | 26.1% | 14.4%Best |
| Max Drawdown | -56.3% | -35.7%Best |
| $10,000 over 10.3 years | $11,657 | $21,184Best |
| Fund Family | KraneShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 12, 2015 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 472 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KALL has data through May 20, 2025 and VYM through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 10.3 years row, are measured over the window both funds cover: Feb 13, 2015 to May 20, 2025 (10.3 years).
Risk: Volatility and Drawdowns
KALL has been the more volatile fund, with annualized monthly volatility of 26.1% compared with 14.4% 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 -56.3% for KALL 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 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KALL charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, KALL currently yields 2.19% against 2.24% for VYM.
You are not choosing between two funds in isolation.
Whichever of KALL 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, KALL or VYM?
KALL has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option, by $45 a year on a $10,000 investment.
Which is riskier, KALL or VYM?
KALL has been the more volatile fund at 26.1% annualized versus 14.4% for VYM. Worst drawdown: KALL -56.3% vs VYM -35.7%.
Should I hold both KALL and VYM?
KALL and VYM have a monthly-return correlation of 0.34, 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, KALL or VYM?
KALL yields 2.19% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than KALL?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.