MDLV vs VYM
Morgan Dempsey Large Cap Value ETF vs Vanguard High Dividend Yield ETF
Which is better, MDLV or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 34.2%.
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 | MDLV | VYM |
|---|---|---|
| Expense Ratio | 0.58% | 0.04%Best |
| AUM | $46M | $81.6B |
| Dividend Yield | 2.67% | 2.22% |
| Holdings | 38 | 613 |
| YTD Return | +8.14% | +10.96%Best |
| 1Y Return | +11.29% | +15.42%Best |
| 3Y Return (annualized) | +12.20% | +17.78%Best |
| 5Y Return (annualized) | - | +12.05% |
| Volatility (annualized) | 10.4%Best | 11.6% |
| Max Drawdown | -16.6% | -14.5%Best |
| $10,000 over 3.4 years | $12,555 | $16,598Best |
| Top 10 Weight | 34.2% | 26.1%Best |
| Fund Family | Morgan Dempsey | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Apr 26, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 26, 2023 to Sep 22, 2026 (3.4 years).
MDLV 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 3.4 years both funds cover.
MDLV vs VYM Performance
Morgan Dempsey Large Cap Value ETF (MDLV) is an ETF from Morgan Dempsey and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MDLV returned +11.29% while VYM returned +15.42%. Year to date, MDLV is up 8.14% versus a gain of 10.96% for VYM.
Over three years, MDLV compounded at +12.20% per year against +17.78% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 10.4% for MDLV. 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 -16.6% for MDLV and -14.5% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MDLV 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, MDLV currently yields 2.67% against 2.22% for VYM.
Holdings Overlap
83.0% of MDLV's money is in holdings VYM also owns. 24.5% of VYM's money is in holdings MDLV also owns.
Most of MDLV is already inside VYM. Owning both mostly buys the same companies twice.
31 positions in common, counted across the 38 positions we hold weights for in MDLV and 557 in VYM, against full books of 38 and 613.
What only one of them owns
Our book lists 497 positions for VYM that do not appear in our book for MDLV (72.6% of the fund), and 5 for MDLV that do not appear in VYM (12.7%).
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
| Stock | Weight in MDLV | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 4.26% | 2.63% | 1.63% |
| JNJJohnson & Johnson - Common | 3.38% | 2.51% | 0.87% |
| CVXChevron Corp | 3.43% | 1.48% | 1.95% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.96% | 1.86% | 1.10% |
| CCitigroup Inc. | 3.59% | 0.89% | 2.70% |
| KOCoca Cola Co. | 3.03% | 1.38% | 1.65% |
| MRKMerck & Company Inc | 2.86% | 1.31% | 1.55% |
| WFCWells Fargo & Co. | 2.84% | 1.07% | 1.77% |
| TBBAt&t Inc | 3.20% | 0.64% | 2.56% |
| PMPhilip Morris International Inc. | 2.43% | 1.21% | 1.22% |
83.0% of MDLV 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MDLV or VYM?
MDLV 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, MDLV or VYM?
Over the past year MDLV returned +11.29% vs +15.42% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MDLV or VYM?
VYM has been the more volatile fund at 11.6% annualized versus 10.4% for MDLV. Worst drawdown: MDLV -16.6% vs VYM -14.5%.
Should I hold both MDLV and VYM?
MDLV and VYM have a monthly-return correlation of 0.79, 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 MDLV and VYM?
83.0% of MDLV's money is in holdings VYM also owns. 24.5% of VYM's is in holdings MDLV also owns. They hold 31 positions in common, counted across the 38 positions we hold weights for in MDLV and 557 in VYM.
Which pays a higher dividend, MDLV or VYM?
MDLV yields 2.67% while VYM yields 2.22%, so MDLV currently pays the higher dividend yield.
Is VYM better than MDLV?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 34.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.