MHIG vs VYM

MHIG vs VYM
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Quick Verdict

VYM has a lower expense ratio. VYM offers more diversification with 616 holdings.

Lower Fees: VYMHigher Returns: TiedMore Diversified: VYM

Side-by-Side Comparison

MetricMHIGVYMWinner
Expense Ratio0.55%0.04%
AUM$1M$81.6B
Dividend Yield0.00%2.24%
Holdings80616
YTD Return+1.89%+15.34%
1Y Return-+23.24%
3Y Return (annualized)-+19.22%
5Y Return (annualized)-+12.21%
Volatility (annualized)-14.6%
Max Drawdown-2.8%-58.8%
Fund FamilyMillimanVanguard (US)
CategoryAllocation/BalancedEquity
InceptionApr 7, 2026Nov 10, 2006

MHIG vs VYM Performance

Milliman Healthcare Inflation Guard ETF (MHIG) is a ETF from Milliman and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Year to date, MHIG is up 1.89% versus a gain of 15.34% for VYM.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -2.8% for MHIG and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

MHIG charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, MHIG currently yields 0.00% against 2.24% for VYM.

Holdings Overlap

6.5%overlap

MHIG and VYM share 16 holdings out of 657 unique holdings combined, representing a 6.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MHIGWeight in VYMDifference
JNJ1.07%2.54%1.47%
UNH1.44%1.56%0.12%
ABBV0.77%1.85%1.08%
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Frequently Asked Questions

Which is cheaper, MHIG or VYM?

MHIG has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

What is the holdings overlap between MHIG and VYM?

MHIG and VYM share 16 common holdings with a 6.5% weight overlap. Combined, they hold 657 unique securities.

Which pays a higher dividend, MHIG or VYM?

MHIG yields 0.00% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.

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