MHIP vs VYM
Milliman Healthcare Inflation Plus ETF vs Vanguard High Dividend Yield ETF
Which is better, MHIP or VYM?
Allocation/Balanced against Large Cap Value.
VYM has a lower expense ratio.
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 | MHIP | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $2M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 75 | 613 |
| YTD Return | +4.87% | +11.35%Best |
| 1Y Return | - | +15.34% |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Fund Family | Milliman | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Apr 7, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
MHIP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MHIP vs VYM Performance
Milliman Healthcare Inflation Plus ETF (MHIP) is an ETF from Milliman and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, MHIP is up 4.87% versus a gain of 11.35% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
MHIP 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, MHIP currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
At least 12.9% of VYM's money is in holdings MHIP also owns.
Stated as a floor: for MHIP, our book for it covers 0.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and MHIP share little of their money.
19 positions in common, counted across the 83 positions we hold weights for in MHIP and 557 in VYM, against full books of 75 and 613.
Top Shared Holdings
| Stock | Weight in MHIP | Weight in VYM | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 0.04% | 2.51% | 2.47% |
| ABBVAbbvie Inc. | 0.04% | 1.80% | 1.76% |
| UNHUnitedhealth Group Incorporated | 0.01% | 1.52% | 1.51% |
| MRKMerck & Company Inc | 0.00% | 1.31% | 1.31% |
| AMGNAmgen Inc. | 0.01% | 0.78% | 0.77% |
| ABTAbbott Laboratories | 0.01% | 0.74% | 0.73% |
| GILDGilead Sciences | 0.02% | 0.66% | 0.64% |
| PFEPfizer Inc | 0.01% | 0.58% | 0.57% |
| BMYBristol-Myers Squibb Co. | 0.01% | 0.54% | 0.53% |
| CVSCvs Corp | 0.01% | 0.54% | 0.53% |
You are not choosing between two funds in isolation.
Whichever of MHIP 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, MHIP or VYM?
MHIP has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
What is the holdings overlap between MHIP and VYM?
At least 12.9% of VYM's money is in holdings MHIP also owns. Our book for MHIP is partial, so the real figure is this or higher. They hold 19 positions in common, counted across the 83 positions we hold weights for in MHIP and 557 in VYM.
Which pays a higher dividend, MHIP or VYM?
MHIP yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MHIP?
VYM has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.