MVAL vs VYM
VanEck Morningstar Wide Moat Value ETF vs Vanguard High Dividend Yield ETF
Which is better, MVAL or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 43.6%.
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 | MVAL | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $2M | $95.8B |
| Dividend Yield | 1.61% | 2.23% |
| Holdings | 80 | 610 |
| YTD Return | +13.08% | +16.00%Best |
| 1Y Return | +16.57% | +18.97%Best |
| 3Y Return (annualized) | - | +20.46% |
| 5Y Return (annualized) | - | +11.54% |
| Volatility (annualized) | 13.6% | 10.8%Best |
| Max Drawdown | -19.6% | -14.5%Best |
| $10,000 over 2.6 years | $13,527 | $14,522Best |
| Top 10 Weight | 43.6% | 25.8%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 26, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 28, 2024 to Nov 11, 2026 (2.6 years).
MVAL 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 2.6 years both funds cover.
MVAL vs VYM Performance
VanEck Morningstar Wide Moat Value ETF (MVAL) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MVAL returned +16.57% while VYM returned +18.97%. Year to date, MVAL is up 13.08% versus a gain of 16.00% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVAL has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.8% 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 -19.6% for MVAL 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MVAL charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, MVAL currently yields 1.61% against 2.23% for VYM.
Holdings Overlap
69.0% of MVAL's money is in holdings VYM also owns. 6.1% of VYM's money is in holdings MVAL also owns.
The two portfolios partly overlap.
The two holdings books were reported 61 days apart, MVAL as of Oct 31, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
27 positions in common, counted across the 39 positions we hold weights for in MVAL and 602 in VYM, against full books of 80 and 610.
What only one of them owns
Our book lists 550 positions for VYM that do not appear in our book for MVAL (92.5% of the fund), and 12 for MVAL that do not appear in VYM (30.1%).
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.
Top Shared Holdings
| Stock | Weight in MVAL | Weight in VYM | Difference |
|---|---|---|---|
| MDLZMondelez International Inc Com A Npv | 4.32% | 0.32% | 4.00% |
| BRBroadridge Financial Solutions, Inc. | 4.56% | 0.08% | 4.48% |
| KVUEKenvue Inc | 4.35% | 0.14% | 4.21% |
| BF.BBrown-forman Corp. | 4.41% | 0.02% | 4.39% |
| TSCOTractor Supply Co. | 4.27% | 0.07% | 4.20% |
| STZConstellation Brands Inc Common Stock Usd 0.01 | 4.13% | 0.07% | 4.06% |
| NKENike Inc | 3.90% | 0.19% | 3.71% |
| MKCMccormick & Co Inc. | 3.88% | 0.06% | 3.82% |
| CLXClorox Co. | 3.82% | 0.05% | 3.77% |
| LMTLockheed Martin | 2.56% | 0.46% | 2.10% |
69.0% of MVAL is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MVAL or VYM?
MVAL has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, MVAL or VYM?
Over the past year MVAL returned +16.57% vs +18.97% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MVAL or VYM?
MVAL has been the more volatile fund at 13.6% annualized versus 10.8% for VYM. Worst drawdown: MVAL -19.6% vs VYM -14.5%.
Should I hold both MVAL and VYM?
MVAL 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.
What is the holdings overlap between MVAL and VYM?
69.0% of MVAL's money is in holdings VYM also owns. 6.1% of VYM's is in holdings MVAL also owns. They hold 27 positions in common, counted across the 39 positions we hold weights for in MVAL and 602 in VYM.
Which pays a higher dividend, MVAL or VYM?
MVAL yields 1.61% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than MVAL?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 43.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.