MGMT vs VYM
Ballast Small/Mid Cap ETF vs Vanguard High Dividend Yield ETF
Which is better, MGMT or VYM?
Mid Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 30.1%.
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 | MGMT | VYM |
|---|---|---|
| Expense Ratio | 1.10% | 0.04%Best |
| AUM | $174M | $81.6B |
| Dividend Yield | 0.30% | 2.24% |
| Holdings | 57 | 613 |
| YTD Return | +14.42%Best | +14.33% |
| 1Y Return | +15.69% | +20.01%Best |
| 3Y Return (annualized) | +14.61% | +18.43%Best |
| 5Y Return (annualized) | +7.68% | +12.16%Best |
| Volatility (annualized) | 18.0% | 13.3%Best |
| Max Drawdown | -24.9% | -15.8%Best |
| $10,000 over 5 years | $14,477 | $17,750Best |
| Top 10 Weight | 30.1% | 25.9%Best |
| Fund Family | Ballast Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Dec 2, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Sep 8, 2026 (5.8 years).
MGMT 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 5.8 years both funds cover.
MGMT vs VYM Performance
Ballast Small/Mid Cap ETF (MGMT) is an ETF from Ballast Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MGMT returned +15.69% while VYM returned +20.01%. Year to date, MGMT is up 14.42% versus a gain of 14.33% for VYM.
Over three years, MGMT compounded at +14.61% per year against +18.43% for VYM; over five years the annualized figures are +7.68% and +12.16% respectively. Across the full 6-year window we track, VYM has the edge at +13.86% annualized vs +13.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGMT has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 13.3% 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 -24.9% for MGMT 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MGMT charges 1.10% per year while VYM charges 0.04%. On a $10,000 position that is $110 vs $4 annually, a gap of $106 per year that compounds over a long holding period. On income, MGMT currently yields 0.30% against 2.24% for VYM.
Holdings Overlap
14.5% of MGMT's money is in holdings VYM also owns. 0.2% of VYM's money is in holdings MGMT also owns.
MGMT and VYM share little of their money.
The two holdings books were reported 49 days apart, MGMT as of Aug 18, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
9 positions in common, counted across the 54 positions we hold weights for in MGMT and 602 in VYM, against full books of 57 and 613.
What only one of them owns
Our book lists 561 positions for VYM that do not appear in our book for MGMT (97.1% of the fund), and 41 for MGMT that do not appear in VYM (78.0%).
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 MGMT | Weight in VYM | Difference |
|---|---|---|---|
| LSTRLandstar System Inc | 2.39% | 0.03% | 2.36% |
| TEXTerex Corp | 2.09% | 0.03% | 2.06% |
| G:BMGenpact Limited | 1.89% | 0.02% | 1.87% |
| CBTCabot Corp | 1.69% | 0.02% | 1.67% |
| PATKPatrick Industries Inc | 1.57% | 0.01% | 1.56% |
| MTGMgic Investment Corp | 1.54% | 0.02% | 1.52% |
| DCIDonaldson Co Inc | 1.26% | 0.04% | 1.22% |
| PHINPhinia Inc | 1.17% | 0.01% | 1.16% |
| OZKBank Ozk | 0.93% | 0.02% | 0.91% |
You are not choosing between two funds in isolation.
Whichever of MGMT 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, MGMT or VYM?
MGMT has an expense ratio of 1.10% while VYM charges 0.04%. VYM is the cheaper option, by $106 a year on a $10,000 investment.
Which performed better, MGMT or VYM?
Over the past year MGMT returned +15.69% vs +20.01% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), MGMT annualized +13.49% vs +13.86% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MGMT or VYM?
MGMT has been the more volatile fund at 18.0% annualized versus 13.3% for VYM. Worst drawdown: MGMT -24.9% vs VYM -15.8%.
Should I hold both MGMT and VYM?
MGMT and VYM have a monthly-return correlation of 0.82, 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 MGMT and VYM?
14.5% of MGMT's money is in holdings VYM also owns. 0.2% of VYM's is in holdings MGMT also owns. They hold 9 positions in common, counted across the 54 positions we hold weights for in MGMT and 602 in VYM.
Which pays a higher dividend, MGMT or VYM?
MGMT yields 0.30% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than MGMT?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 30.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.