MUSE vs VYM
TCW Multisector Credit Income ETF vs Vanguard High Dividend Yield ETF
Which is better, MUSE or VYM?
Long Term High Quality against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y 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 | MUSE | VYM |
|---|---|---|
| Expense Ratio | 0.56% | 0.04%Best |
| AUM | $40M | $81.6B |
| Dividend Yield | 7.77% | 2.22% |
| Holdings | 261 | 613 |
| YTD Return | +2.78% | +12.87%Best |
| 1Y Return | +4.12% | +17.25%Best |
| 3Y Return (annualized) | - | +17.66% |
| 5Y Return (annualized) | - | +11.98% |
| Volatility (annualized) | 2.9%Best | 10.4% |
| Max Drawdown | -3.6%Best | -14.5% |
| $10,000 over 1.8 years | $11,155 | $12,820Best |
| Fund Family | TCW ETFs | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Value |
| Inception | Nov 15, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 18, 2024 to Sep 15, 2026 (1.8 years).
MUSE 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 1.8 years both funds cover.
MUSE vs VYM Performance
TCW Multisector Credit Income ETF (MUSE) is an ETF from TCW ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MUSE returned +4.12% while VYM returned +17.25%. Year to date, MUSE is up 2.78% versus a gain of 12.87% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.4% compared with 2.9% for MUSE. 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 -3.6% for MUSE 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MUSE charges 0.56% per year while VYM charges 0.04%. On a $10,000 position that is $56 vs $4 annually, a gap of $52 per year that compounds over a long holding period. On income, MUSE currently yields 7.77% against 2.22% for VYM.
Holdings Overlap
At least 0.1% of VYM's money is in holdings MUSE also owns.
Stated as a floor: for MUSE, our book for it covers 41.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 108 positions we hold weights for in MUSE and 557 in VYM, against full books of 261 and 613.
Top Shared Holdings
| Stock | Weight in MUSE | Weight in VYM | Difference |
|---|---|---|---|
| CNPCenterPoint Energy Inc 5.95 04/01/2056 | 0.65% | 0.11% | 0.54% |
You are not choosing between two funds in isolation.
Whichever of MUSE 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, MUSE or VYM?
MUSE has an expense ratio of 0.56% while VYM charges 0.04%. VYM is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, MUSE or VYM?
Over the past year MUSE returned +4.12% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), MUSE annualized +6.26% vs +14.80% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUSE or VYM?
VYM has been the more volatile fund at 10.4% annualized versus 2.9% for MUSE. Worst drawdown: MUSE -3.6% vs VYM -14.5%.
Should I hold both MUSE and VYM?
MUSE and VYM have a monthly-return correlation of 0.76, 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, MUSE or VYM?
MUSE yields 7.77% while VYM yields 2.22%, so MUSE currently pays the higher dividend yield.
Is VYM better than MUSE?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.