KNCT vs VYM

KNCT vs VYM

Which is better, KNCT or VYM?

Large Cap Blend against Large Cap Value.

VYM has a lower expense ratio. KNCT led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 57.0%.

Lower Fees: VYMHigher Returns: KNCTLess Concentrated: VYM

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

MetricKNCTVYM
Expense Ratio0.40%0.04%Best
AUM$160M$81.6B
Dividend Yield0.65%2.22%
Holdings116613
YTD Return+47.55%Best+13.91%
1Y Return+62.39%Best+17.57%
3Y Return (annualized)+37.70%Best+18.12%
5Y Return (annualized)+17.57%Best+12.17%
Volatility (annualized)22.4%14.5%Best
Max Drawdown-57.2%Best-58.8%
$10,000 over 5 years$22,464Best$17,758
Top 10 Weight57.0%25.9%Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Value
InceptionJun 23, 2005Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 11, 2026 (19.8 years).

KNCT 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 19.8 years both funds cover.

KNCT vs VYM Performance

Invesco Next Gen Connectivity ETF (KNCT) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year KNCT returned +62.39% while VYM returned +17.57%. Year to date, KNCT is up 47.55% versus a gain of 13.91% for VYM.

Over three years, KNCT compounded at +37.70% per year against +18.12% for VYM; over five years the annualized figures are +17.57% and +12.17% respectively. Across the full 20-year window we track, KNCT has the edge at +13.38% annualized vs +6.95%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

KNCT has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 14.5% 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 -57.2% for KNCT and -58.8% 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 0.66. They move together some of the time, and apart the rest.

Fees and Cost Over Time

KNCT charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, KNCT currently yields 0.65% against 2.22% for VYM.

Holdings Overlap

KNCT already in VYM23.5%
VYM already in KNCT14.0%

23.5% of KNCT's money is in holdings VYM also owns. 14.0% of VYM's money is in holdings KNCT also owns.

KNCT and VYM share little of their money.

12 positions in common, counted across the 100 positions we hold weights for in KNCT and 603 in VYM, against full books of 116 and 613.

What only one of them owns

Our book lists 556 positions for VYM that do not appear in our book for KNCT (83.4% of the fund), and 51 for KNCT that do not appear in VYM (53.5%).

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

StockWeight in KNCTWeight in VYMDifference
AVGOBroadcom Inc8.60%7.29%1.31%
CSCOCisco Systems Inc. - Ordinary Shares4.52%1.93%2.59%
VZVerizon Communications, Inc.2.17%0.74%1.43%
IBMInternational Business Machines Corp.1.42%1.10%0.32%
QCOMQualcomm Inc.1.59%0.81%0.78%
TAt&t, Inc.1.78%0.58%1.20%
TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#5855581.05%0.34%0.71%
ACNAccenture Plc0.68%0.32%0.36%
CMCSAComcast Corp. Class A0.56%0.36%0.20%
TELTE Connectivity PLC Common Stock0.43%0.24%0.19%

23.5% of KNCT is already inside VYM.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

KNCTVYM

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Frequently Asked Questions

Which is cheaper, KNCT or VYM?

KNCT has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option, by $36 a year on a $10,000 investment.

Which performed better, KNCT or VYM?

Over the past year KNCT returned +62.39% vs +17.57% for VYM, so KNCT leads on 1-year performance. Over the longest common window we track (20 years), KNCT annualized +13.38% vs +6.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, KNCT or VYM?

KNCT has been the more volatile fund at 22.4% annualized versus 14.5% for VYM. Worst drawdown: KNCT -57.2% vs VYM -58.8%.

Should I hold both KNCT and VYM?

KNCT and VYM have a monthly-return correlation of 0.66, 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 KNCT and VYM?

23.5% of KNCT's money is in holdings VYM also owns. 14.0% of VYM's is in holdings KNCT also owns. They hold 12 positions in common, counted across the 100 positions we hold weights for in KNCT and 603 in VYM.

Which pays a higher dividend, KNCT or VYM?

KNCT yields 0.65% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than KNCT?

VYM has a lower expense ratio. KNCT led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.