MVLL vs VYM
GraniteShares 2x Long MRVL Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. MVLL delivered stronger 1-year returns. VYM offers more diversification with 568 holdings.
Side-by-Side Comparison
| Metric | MVLL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.04% | |
| AUM | $224M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 2 | 568 | |
| YTD Return | +251.70% | +16.78% | |
| 1Y Return | +258.69% | +24.43% | |
| 3Y Return (annualized) | - | +18.60% | |
| 5Y Return (annualized) | - | +12.30% | |
| Volatility (annualized) | 187.3% | 14.6% | |
| Max Drawdown | -78.9% | -58.8% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 3, 2025 | Nov 10, 2006 |
MVLL vs VYM Performance
GraniteShares 2x Long MRVL Daily ETF (MVLL) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MVLL returned +258.69% while VYM returned +24.43%. Year to date, MVLL is up 251.70% versus a gain of 16.78% for VYM.
Risk: Volatility and Drawdowns
MVLL has been the more volatile fund, with annualized monthly volatility of 187.3% compared with 14.6% 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 -78.9% for MVLL 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 0.19. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MVLL 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, MVLL currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
MVLL 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, MVLL or VYM?
MVLL 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, MVLL or VYM?
Over the past year MVLL returned +258.69% vs +24.43% for VYM, so MVLL leads on 1-year performance. Over the longest common window we track (1 years), MVLL annualized +138.54% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, MVLL or VYM?
MVLL has been the more volatile fund at 187.3% annualized versus 14.6% for VYM. Worst drawdown: MVLL -78.9% vs VYM -58.8%.
Should I hold both MVLL and VYM?
MVLL and VYM have a monthly-return correlation of 0.19, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MVLL and VYM?
MVLL and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, MVLL or VYM?
MVLL yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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