KVLE vs VYM
KraneShares Value Line Dynamic Dividend Equity Index ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | KVLE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.04% | |
| AUM | $41M | $79.0B | |
| Dividend Yield | 7.51% | 2.86% | |
| Holdings | 84 | 568 | |
| YTD Return | +16.60% | +16.78% | |
| 1Y Return | +18.20% | +24.43% | |
| 3Y Return (annualized) | +16.25% | +18.60% | |
| 5Y Return (annualized) | +10.82% | +12.30% | |
| Volatility (annualized) | 13.7% | 14.6% | |
| Max Drawdown | -18.4% | -58.8% | |
| Fund Family | KraneShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 24, 2020 | Nov 10, 2006 |
KVLE vs VYM Performance
KraneShares Value Line Dynamic Dividend Equity Index ETF (KVLE) is a ETF from KraneShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year KVLE returned +18.20% while VYM returned +24.43%. Year to date, KVLE is up 16.60% versus a gain of 16.78% for VYM.
Over three years, KVLE compounded at +16.25% per year against +18.60% for VYM; over five years the annualized figures are +10.82% and +12.30% respectively. Across the full 6-year window we track, KVLE has the edge at +13.17% annualized vs +7.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.7% for KVLE. 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 -18.4% for KVLE 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
KVLE charges 0.56% per year while VYM charges 0.04%. On a $10,000 position that is $56 vs $4 annually, a gap of $52 per year that compounds over a long holding period. On income, KVLE currently yields 7.51% against 2.86% for VYM.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, KVLE or VYM?
KVLE has an expense ratio of 0.56% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, KVLE or VYM?
Over the past year KVLE returned +18.20% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), KVLE annualized +13.17% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, KVLE or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.7% for KVLE. Worst drawdown: KVLE -18.4% vs VYM -58.8%.
Should I hold both KVLE and VYM?
KVLE and VYM have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between KVLE and VYM?
KVLE and VYM share 2 common holdings with a 1.8% weight overlap. Combined, they hold 562 unique securities.
Which pays a higher dividend, KVLE or VYM?
KVLE yields 7.51% while VYM yields 2.86%, so KVLE currently pays the higher dividend yield.
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