MINV vs VYM
Matthews Asia Innovators Active ETF vs Vanguard High Dividend Yield ETF
Which is better, MINV or VYM?
MINV has been ahead.
VYM has a lower expense ratio. MINV led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 41.9%.
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 | MINV | VYM |
|---|---|---|
| Expense Ratio | 0.79% | 0.04%Best |
| AUM | $165M | $81.6B |
| Dividend Yield | 1.08% | 2.22% |
| Holdings | 67 | 613 |
| YTD Return | +37.57%Best | +10.96% |
| 1Y Return | +36.94%Best | +15.42% |
| 3Y Return (annualized) | +32.24%Best | +17.78% |
| 5Y Return (annualized) | - | +12.05% |
| Volatility (annualized) | 27.2% | 13.5%Best |
| Max Drawdown | -23.5% | -14.5%Best |
| $10,000 over 4.2 years | $20,595Best | $17,803 |
| Top 10 Weight | 41.9% | 26.1%Best |
| Fund Family | Matthews Asia Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 13, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 14, 2022 to Sep 22, 2026 (4.2 years).
MINV 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 4.2 years both funds cover.
MINV vs VYM Performance
Matthews Asia Innovators Active ETF (MINV) is an ETF from Matthews Asia Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MINV returned +36.94% while VYM returned +15.42%. Year to date, MINV is up 37.57% versus a gain of 10.96% for VYM.
Over three years, MINV compounded at +32.24% per year against +17.78% for VYM. Across the full 4-year window we track, MINV has the edge at +18.77% annualized vs +14.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MINV has been the more volatile fund, with annualized monthly volatility of 27.2% compared with 13.5% 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 -23.5% for MINV 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 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MINV charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, MINV currently yields 1.08% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 55 holdings in MINV and 557 in VYM, totalling 95.1% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 55 positions we hold weights for in MINV and 557 in VYM, against full books of 67 and 613.
What only one of them owns
Our book lists 528 positions for VYM that do not appear in our book for MINV (97.1% of the fund), and 5 for MINV that do not appear in VYM (12.9%).
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.
You are not choosing between two funds in isolation.
Whichever of MINV 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, MINV or VYM?
MINV has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, MINV or VYM?
Over the past year MINV returned +36.94% vs +15.42% for VYM, so MINV leads on 1-year performance. Over the longest common window we track (4 years), MINV annualized +18.77% vs +14.72% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MINV or VYM?
MINV has been the more volatile fund at 27.2% annualized versus 13.5% for VYM. Worst drawdown: MINV -23.5% vs VYM -14.5%.
Should I hold both MINV and VYM?
MINV and VYM have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MINV or VYM?
MINV yields 1.08% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MINV?
VYM has a lower expense ratio. MINV led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.