MAKX vs VYM
Proshares S&P Kensho Smart Factories ETF vs Vanguard High Dividend Yield ETF
Which is better, MAKX or VYM?
MAKX has been ahead.
VYM has a lower expense ratio. MAKX 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 59.4%.
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 | MAKX | VYM |
|---|---|---|
| Expense Ratio | 0.58% | 0.04%Best |
| AUM | $5M | $83.1B |
| Dividend Yield | 0.14% | 2.22% |
| Holdings | 25 | 608 |
| YTD Return | +35.63%Best | +9.22% |
| 1Y Return | +34.70%Best | +12.81% |
| 3Y Return (annualized) | +28.37%Best | +18.21% |
| 5Y Return (annualized) | +11.88%Best | +11.39% |
| Volatility (annualized) | 28.8% | 13.8%Best |
| Max Drawdown | -40.3% | -15.8%Best |
| $10,000 over 5 years | $17,529Best | $17,149 |
| Top 10 Weight | 59.4% | 26.1%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 29, 2021 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Oct 1, 2026 (5 years).
MAKX 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 years both funds cover.
MAKX vs VYM Performance
Proshares S&P Kensho Smart Factories ETF (MAKX) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MAKX returned +34.70% while VYM returned +12.81%. Year to date, MAKX is up 35.63% versus a gain of 9.22% for VYM.
Over three years, MAKX compounded at +28.37% per year against +18.21% for VYM; over five years the annualized figures are +11.88% and +11.39% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAKX has been the more volatile fund, with annualized monthly volatility of 28.8% compared with 13.8% 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 -40.3% for MAKX and -15.8% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MAKX charges 0.58% per year while VYM charges 0.04%. On a $10,000 position that is $58 vs $4 annually, a gap of $54 per year that compounds over a long holding period. On income, MAKX currently yields 0.14% against 2.22% for VYM.
Holdings Overlap
15.5% of MAKX's money is in holdings VYM also owns. 0.6% of VYM's money is in holdings MAKX also owns.
MAKX and VYM share little of their money.
3 positions in common, counted across the 24 positions we hold weights for in MAKX and 557 in VYM, against full books of 25 and 608.
What only one of them owns
Our book lists 525 positions for VYM that do not appear in our book for MAKX (96.5% of the fund), and 17 for MAKX that do not appear in VYM (69.9%).
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.
You are not choosing between two funds in isolation.
Whichever of MAKX 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, MAKX or VYM?
MAKX has an expense ratio of 0.58% while VYM charges 0.04%. VYM is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, MAKX or VYM?
Over the past year MAKX returned +34.70% vs +12.81% for VYM, so MAKX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAKX or VYM?
MAKX has been the more volatile fund at 28.8% annualized versus 13.8% for VYM. Worst drawdown: MAKX -40.3% vs VYM -15.8%.
Should I hold both MAKX and VYM?
MAKX and VYM have a monthly-return correlation of 0.63, 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 MAKX and VYM?
15.5% of MAKX's money is in holdings VYM also owns. 0.6% of VYM's is in holdings MAKX also owns. They hold 3 positions in common, counted across the 24 positions we hold weights for in MAKX and 557 in VYM.
Which pays a higher dividend, MAKX or VYM?
MAKX yields 0.14% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MAKX?
VYM has a lower expense ratio. MAKX 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 59.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.