LAZR vs VYM
Tema Photonics & Optical ETF vs Vanguard High Dividend Yield ETF
Which is better, LAZR or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. LAZR led over 1Y, VYM over 3Y, 5Y 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 | LAZR | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $145M | $95.8B |
| Dividend Yield | 0.00% | 2.23% |
| Holdings | 58 | 610 |
| YTD Return | -37.29% | +16.00%Best |
| 1Y Return | +2566.39%Best | +18.97% |
| 3Y Return (annualized) | -11.21% | +20.46%Best |
| 5Y Return (annualized) | -36.20% | +11.54%Best |
| Volatility (annualized) | 11414.1% | 13.4%Best |
| Max Drawdown | - | -15.8% |
| $10,000 over 5 years | $1,057 | $17,264Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jun 30, 2026 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Nov 11, 2026 (5.9 years).
LAZR 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 5.9 years both funds cover.
LAZR vs VYM Performance
Tema Photonics & Optical ETF (LAZR) is an ETF from Tema Global Limited and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year LAZR returned +2566.39% while VYM returned +18.97%. Year to date, LAZR is down 37.29% versus a gain of 16.00% for VYM.
Over three years, LAZR compounded at -11.21% per year against +20.46% for VYM; over five years the annualized figures are -36.20% and +11.54% respectively. Across the full 6-year window we track, VYM has the edge at +13.70% annualized vs -33.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LAZR has been the more volatile fund, with annualized monthly volatility of 11414.1% compared with 13.4% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.04. They move largely independently of each other.
Fees and Cost Over Time
LAZR charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, LAZR currently yields 0.00% against 2.23% for VYM.
Holdings Overlap
We hold position weights for 25 holdings in LAZR and 602 in VYM, totalling 91.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 25 positions we hold weights for in LAZR and 602 in VYM, against full books of 58 and 610.
You are not choosing between two funds in isolation.
Whichever of LAZR 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, LAZR or VYM?
LAZR has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, LAZR or VYM?
Over the past year LAZR returned +2566.39% vs +18.97% for VYM, so LAZR leads on 1-year performance. Over the longest common window we track (6 years), LAZR annualized -33.08% vs +13.70% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LAZR or VYM?
LAZR has been the more volatile fund at 11414.1% annualized versus 13.4% for VYM.
Should I hold both LAZR and VYM?
LAZR and VYM have a monthly-return correlation of -0.04, 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, LAZR or VYM?
LAZR yields 0.00% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than LAZR?
VYM has a lower expense ratio. LAZR led over 1Y, VYM over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.