MPRO vs VYM
Monarch ProCap Index ETF vs Vanguard High Dividend Yield ETF
Which is better, MPRO or VYM?
Allocation/Balanced against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y 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 | MPRO | VYM |
|---|---|---|
| Expense Ratio | 1.03% | 0.04%Best |
| AUM | $254M | $81.6B |
| Dividend Yield | 1.95% | 2.22% |
| Holdings | 8 | 613 |
| YTD Return | +3.93% | +12.87%Best |
| 1Y Return | +4.54% | +17.25%Best |
| 3Y Return (annualized) | +9.30% | +17.66%Best |
| 5Y Return (annualized) | +4.77% | +11.98%Best |
| Volatility (annualized) | 9.7%Best | 13.3% |
| Max Drawdown | -14.5%Best | -15.8% |
| $10,000 over 5 years | $12,624 | $17,608Best |
| Top 10 Weight | - | 26.1% |
| Fund Family | Monarch Funds | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Mar 23, 2021 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2021 to Sep 15, 2026 (5.5 years).
MPRO 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 5.5 years both funds cover.
MPRO vs VYM Performance
Monarch ProCap Index ETF (MPRO) is an ETF from Monarch Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MPRO returned +4.54% while VYM returned +17.25%. Year to date, MPRO is up 3.93% versus a gain of 12.87% for VYM.
Over three years, MPRO compounded at +9.30% per year against +17.66% for VYM; over five years the annualized figures are +4.77% and +11.98% respectively. Across the full 6-year window we track, VYM has the edge at +12.48% annualized vs +5.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 9.7% for MPRO. 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 -14.5% for MPRO 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MPRO charges 1.03% per year while VYM charges 0.04%. On a $10,000 position that is $103 vs $4 annually, a gap of $99 per year that compounds over a long holding period. On income, MPRO currently yields 1.95% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 9 holdings in MPRO and 557 in VYM, totalling 99.9% 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 9 positions we hold weights for in MPRO and 557 in VYM, against full books of 8 and 613.
What only one of them owns
Measured across the 9 and 557 positions we hold weights for.
VYM holds 528 positions MPRO does not, 97.1% of the fund.
Largest: AVGO 7.35%, JPM 3.82%, XOM 2.63%, JNJ 2.51%, CSCO 1.86%
You are not choosing between two funds in isolation.
Whichever of MPRO 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, MPRO or VYM?
MPRO has an expense ratio of 1.03% while VYM charges 0.04%. VYM is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, MPRO or VYM?
Over the past year MPRO returned +4.54% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), MPRO annualized +5.87% vs +12.48% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MPRO or VYM?
VYM has been the more volatile fund at 13.3% annualized versus 9.7% for MPRO. Worst drawdown: MPRO -14.5% vs VYM -15.8%.
Should I hold both MPRO and VYM?
MPRO and VYM have a monthly-return correlation of 0.85, 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, MPRO or VYM?
MPRO yields 1.95% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MPRO?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.