MUS vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricMUSVYMWinner
Expense Ratio1.50%0.04%
AUM$181M$79.0B
Dividend Yield0.78%2.86%
Holdings233568
YTD Return-1.56%+16.53%
1Y Return+4.00%+25.03%
3Y Return (annualized)+5.89%+18.54%
5Y Return (annualized)+4.30%+12.25%
Volatility (annualized)12.2%14.6%
Max Drawdown-41.3%-58.8%
Fund FamilyBlackRock, Inc. (US)Vanguard (US)
CategoryTax PreferredEquity
InceptionMay 1, 1998Nov 10, 2006

MUS vs VYM Performance

BlackRock MuniHoldings Quality Fund, Inc. (MUS) is a ETF from BlackRock, Inc. (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MUS returned +4.00% while VYM returned +25.03%. Year to date, MUS is down 1.56% versus a gain of 16.53% for VYM.

Over three years, MUS compounded at +5.89% per year against +18.54% for VYM; over five years the annualized figures are +4.30% and +12.25% respectively. Across the full 20-year window we track, MUS has the edge at +8.27% annualized vs +7.10%. 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 12.2% for MUS. 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 -41.3% for MUS 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 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MUS charges 1.50% per year while VYM charges 0.04%. On a $10,000 position that is $150 vs $4 annually, a gap of $146 per year that compounds over a long holding period. On income, MUS currently yields 0.78% against 2.86% for VYM.

Frequently Asked Questions

Which is cheaper, MUS or VYM?

MUS has an expense ratio of 1.50% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $146 per year of difference.

Which performed better, MUS or VYM?

Over the past year MUS returned +4.00% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), MUS annualized +8.27% vs +7.10% for VYM. Past performance does not guarantee future results.

Which is riskier, MUS or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 12.2% for MUS. Worst drawdown: MUS -41.3% vs VYM -58.8%.

Should I hold both MUS and VYM?

MUS and VYM have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, MUS or VYM?

MUS yields 0.78% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.