MTGP vs VYM
MTGP vs VYM
WisdomTree Mortgage Plus Bond Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | MTGP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.46% | 0.04% | |
| AUM | $70M | $79.0B | |
| Dividend Yield | 4.36% | 2.86% | |
| Holdings | 183 | 568 | |
| YTD Return | +0.37% | +15.80% | |
| 1Y Return | +3.26% | +26.12% | |
| 3Y Return (annualized) | +4.49% | +18.25% | |
| 5Y Return (annualized) | +0.18% | +12.51% | |
| Volatility (annualized) | 5.3% | 14.6% | |
| Max Drawdown | -16.9% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 14, 2019 | Nov 10, 2006 |
MTGP vs VYM Performance
WisdomTree Mortgage Plus Bond Fund (MTGP) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MTGP returned +3.26% while VYM returned +26.12%. Year to date, MTGP is up 0.37% versus a gain of 15.80% for VYM.
Over three years, MTGP compounded at +4.49% per year against +18.25% for VYM; over five years the annualized figures are +0.18% and +12.51% respectively. Across the full 7-year window we track, VYM has the edge at +7.07% annualized vs +0.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 5.3% for MTGP. 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 -16.9% for MTGP and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MTGP charges 0.46% per year while VYM charges 0.04%. On a $10,000 position that is $46 vs $4 annually, a gap of $42 per year that compounds over a long holding period. On income, MTGP currently yields 4.36% against 2.86% for VYM.
Holdings Overlap
MTGP and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MTGP or VYM?
MTGP has an expense ratio of 0.46% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, MTGP or VYM?
Over the past year MTGP returned +3.26% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), MTGP annualized +0.55% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, MTGP or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 5.3% for MTGP. Worst drawdown: MTGP -16.9% vs VYM -58.8%.
Should I hold both MTGP and VYM?
MTGP and VYM have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MTGP and VYM?
MTGP and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, MTGP or VYM?
MTGP yields 4.36% while VYM yields 2.86%, so MTGP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.