MEGI vs VYM
NYLI CBRE Global Infrastructure Megatrends Term Fund vs Vanguard High Dividend Yield ETF
Which is better, MEGI or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y 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 | MEGI | VYM |
|---|---|---|
| Expense Ratio | 1.87% | 0.04%Best |
| AUM | $842M | $81.6B |
| Dividend Yield | 8.98% | 2.24% |
| Holdings | 64 | 613 |
| YTD Return | +13.36% | +14.33%Best |
| 1Y Return | +14.44% | +20.01%Best |
| 3Y Return (annualized) | +16.29% | +18.43%Best |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 22.8% | 13.7%Best |
| Max Drawdown | -39.5% | -15.8%Best |
| $10,000 over 4.9 years | $11,814 | $17,532Best |
| Fund Family | New York Life Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Oct 27, 2021 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Oct 27, 2021 to Sep 8, 2026 (4.9 years).
MEGI 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 4.9 years both funds cover.
MEGI vs VYM Performance
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) is an ETF from New York Life Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MEGI returned +14.44% while VYM returned +20.01%. Year to date, MEGI is up 13.36% versus a gain of 14.33% for VYM.
Over three years, MEGI compounded at +16.29% per year against +18.43% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEGI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 13.7% 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 -39.5% for MEGI 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MEGI charges 1.87% per year while VYM charges 0.04%. On a $10,000 position that is $187 vs $4 annually, a gap of $183 per year that compounds over a long holding period. On income, MEGI currently yields 8.98% against 2.24% for VYM.
Holdings Overlap
At least 2.7% of VYM's money is in holdings MEGI also owns.
Only one direction is shown: for MEGI, our book for it lists positions totalling 125.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
VYM and MEGI share little of their money.
18 positions in common, counted across the 67 positions we hold weights for in MEGI and 602 in VYM, against full books of 64 and 613.
Top Shared Holdings
| Stock | Weight in MEGI | Weight in VYM | Difference |
|---|---|---|---|
| XELXcel Energy Inc. | 5.61% | 0.21% | 5.40% |
| PPLPpl Corp. | 4.85% | 0.11% | 4.74% |
| PEGPublic Service Enterprise Group Incorporated | 4.26% | 0.17% | 4.09% |
| OKEOneok Inc. | 3.10% | 0.23% | 2.87% |
| SOSouthern Co. | 2.85% | 0.45% | 2.40% |
| DDominion Energy Inc. | 2.83% | 0.25% | 2.58% |
| AEPAmerican Electric Power Co Inc | 2.49% | 0.31% | 2.18% |
| EVRGEvergy Inc. | 2.37% | 0.08% | 2.29% |
| CMSCms Energy Corp. | 1.77% | 0.10% | 1.67% |
| ATOAtmos Energy Corp | 1.63% | 0.12% | 1.51% |
You are not choosing between two funds in isolation.
Whichever of MEGI 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, MEGI or VYM?
MEGI has an expense ratio of 1.87% while VYM charges 0.04%. VYM is the cheaper option, by $183 a year on a $10,000 investment.
Which performed better, MEGI or VYM?
Over the past year MEGI returned +14.44% vs +20.01% 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, MEGI or VYM?
MEGI has been the more volatile fund at 22.8% annualized versus 13.7% for VYM. Worst drawdown: MEGI -39.5% vs VYM -15.8%.
Should I hold both MEGI and VYM?
MEGI and VYM have a monthly-return correlation of 0.72, 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 MEGI and VYM?
At least 2.7% of VYM's money is in holdings MEGI also owns. Our book for MEGI is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 67 positions we hold weights for in MEGI and 602 in VYM.
Which pays a higher dividend, MEGI or VYM?
MEGI yields 8.98% while VYM yields 2.24%, so MEGI currently pays the higher dividend yield.
Is VYM better than MEGI?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.