MBSX vs VYM
Regan Fixed Rate MBS 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 613 holdings.
Side-by-Side Comparison
| Metric | MBSX | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $19M | $81.6B | |
| Dividend Yield | 3.70% | 2.24% | |
| Holdings | 101 | 613 | |
| YTD Return | +2.22% | +14.18% | |
| 1Y Return | +6.53% | +20.67% | |
| 3Y Return (annualized) | - | +18.47% | |
| 5Y Return (annualized) | - | +12.01% | |
| Volatility (annualized) | 34.9% | 14.5% | |
| Max Drawdown | -27.6% | -58.8% | |
| Fund Family | Regan Capital | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 1, 2025 | Nov 10, 2006 |
MBSX vs VYM Performance
Regan Fixed Rate MBS ETF (MBSX) is a ETF from Regan Capital and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MBSX returned +6.53% while VYM returned +20.67%. Year to date, MBSX is up 2.22% versus a gain of 14.18% for VYM.
Risk: Volatility and Drawdowns
MBSX has been the more volatile fund, with annualized monthly volatility of 34.9% 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 -27.6% for MBSX 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MBSX 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, MBSX currently yields 3.70% against 2.24% for VYM.
Holdings Overlap
MBSX and VYM share 0 holdings out of 606 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MBSX or VYM?
MBSX has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, MBSX or VYM?
Over the past year MBSX returned +6.53% vs +20.67% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), MBSX annualized +8.39% vs +6.97% for VYM. Past performance does not guarantee future results.
Which is riskier, MBSX or VYM?
MBSX has been the more volatile fund at 34.9% annualized versus 14.5% for VYM. Worst drawdown: MBSX -27.6% vs VYM -58.8%.
Should I hold both MBSX and VYM?
MBSX and VYM have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MBSX and VYM?
MBSX and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 606 unique securities.
Which pays a higher dividend, MBSX or VYM?
MBSX yields 3.70% while VYM yields 2.24%, so MBSX currently pays the higher dividend yield.
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