MVPL vs VYM
Miller Value Partners Leverage ETF vs Vanguard High Dividend Yield ETF
Which is better, MVPL or VYM?
Leverage Strategy against Large Cap Value.
VYM has a lower expense ratio. MVPL 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 | MVPL | VYM |
|---|---|---|
| Expense Ratio | 1.72% | 0.04%Best |
| AUM | $32M | $81.6B |
| Dividend Yield | 0.90% | 2.22% |
| Holdings | 2 | 613 |
| YTD Return | +20.08%Best | +12.29% |
| 1Y Return | +23.79%Best | +16.61% |
| 3Y Return (annualized) | - | +17.42% |
| 5Y Return (annualized) | - | +12.12% |
| Volatility (annualized) | 21.4% | 10.5%Best |
| Max Drawdown | -25.7% | -14.5%Best |
| $10,000 over 2.6 years | $18,953Best | $15,008 |
| Fund Family | Miller Value Funds | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Value |
| Inception | Feb 28, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 28, 2024 to Sep 17, 2026 (2.6 years).
MVPL 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.
MVPL vs VYM Performance
Miller Value Partners Leverage ETF (MVPL) is an ETF from Miller Value Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MVPL returned +23.79% while VYM returned +16.61%. Year to date, MVPL is up 20.08% versus a gain of 12.29% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPL has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 10.5% 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 -25.7% for MVPL 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MVPL charges 1.72% per year while VYM charges 0.04%. On a $10,000 position that is $172 vs $4 annually, a gap of $168 per year that compounds over a long holding period. On income, MVPL currently yields 0.90% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in MVPL and 557 in VYM, totalling 100.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MVPL and 557 in VYM, against full books of 2 and 613.
You are not choosing between two funds in isolation.
Whichever of MVPL 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, MVPL or VYM?
MVPL has an expense ratio of 1.72% while VYM charges 0.04%. VYM is the cheaper option, by $168 a year on a $10,000 investment.
Which performed better, MVPL or VYM?
Over the past year MVPL returned +23.79% vs +16.61% for VYM, so MVPL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MVPL or VYM?
MVPL has been the more volatile fund at 21.4% annualized versus 10.5% for VYM. Worst drawdown: MVPL -25.7% vs VYM -14.5%.
Should I hold both MVPL and VYM?
MVPL and VYM have a monthly-return correlation of 0.71, 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, MVPL or VYM?
MVPL yields 0.90% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MVPL?
VYM has a lower expense ratio. MVPL 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.