MVV vs VYM

MVV vs VYM

Which is better, MVV or VYM?

Trading-Leveraged Equity against Large Cap Value.

VYM has a lower expense ratio. MVV led over 1Y, 3Y and the full window, VYM over 5Y.

Lower Fees: VYMHigher Returns: split

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

MetricMVVVYM
Expense Ratio0.95%0.04%Best
AUM$147M$81.6B
Dividend Yield0.69%2.22%
Holdings411613
YTD Return+16.20%Best+10.96%
1Y Return+19.29%Best+15.42%
3Y Return (annualized)+20.49%Best+17.78%
5Y Return (annualized)+6.46%+12.05%Best
Volatility (annualized)36.9%14.6%Best
Max Drawdown-86.3%-58.8%Best
$10,000 over 5 years$13,675$17,663Best
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
StyleTrading-Leveraged EquityLarge Cap Value
InceptionJun 19, 2006Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 22, 2026 (19.8 years).

MVV 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 19.8 years both funds cover.

MVV vs VYM Performance

ProShares Ultra MidCap400 (MVV) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MVV returned +19.29% while VYM returned +15.42%. Year to date, MVV is up 16.20% versus a gain of 10.96% for VYM.

Over three years, MVV compounded at +20.49% per year against +17.78% for VYM; over five years the annualized figures are +6.46% and +12.05% respectively. Across the full 20-year window we track, MVV has the edge at +9.57% annualized vs +6.80%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MVV has been the more volatile fund, with annualized monthly volatility of 36.9% 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 -86.3% for MVV and -58.8% 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

MVV charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, MVV currently yields 0.69% against 2.22% for VYM.

Holdings Overlap

VYM already in MVV4.2%

At least 4.2% of VYM's money is in holdings MVV also owns.

Stated as a floor: for MVV, our book for it covers 78.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

VYM and MVV share little of their money.

136 positions in common, counted across the 397 positions we hold weights for in MVV and 557 in VYM, against full books of 411 and 613.

Top Shared Holdings

StockWeight in MVVWeight in VYMDifference
RSReliance Steel & Aluminum Co.0.42%0.08%0.34%
OVVOvintiv Inc.0.39%0.07%0.32%
PRPermian Resource0.39%0.07%0.32%
EWBCEast West Bancorp, Inc.0.37%0.07%0.30%
RGAReinsurance Group of America, Incorporated0.35%0.06%0.29%
DINOHF Sinclair Corp0.33%0.06%0.27%
PNFPPinnacle Financial Partners In Common Stock Usd1.00.32%0.06%0.26%
EQHEquitable Holdings Inc.0.30%0.05%0.25%
DTMDT Midstream Inc0.29%0.06%0.23%
UNMUnum Group0.29%0.06%0.23%

You are not choosing between two funds in isolation.

Whichever of MVV and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

MVVVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, MVV or VYM?

MVV has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option, by $91 a year on a $10,000 investment.

Which performed better, MVV or VYM?

Over the past year MVV returned +19.29% vs +15.42% for VYM, so MVV leads on 1-year performance. Over the longest common window we track (20 years), MVV annualized +9.57% vs +6.80% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MVV or VYM?

MVV has been the more volatile fund at 36.9% annualized versus 14.6% for VYM. Worst drawdown: MVV -86.3% vs VYM -58.8%.

Should I hold both MVV and VYM?

MVV and VYM have a monthly-return correlation of 0.89, 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 MVV and VYM?

At least 4.2% of VYM's money is in holdings MVV also owns. Our book for MVV is partial, so the real figure is this or higher. They hold 136 positions in common, counted across the 397 positions we hold weights for in MVV and 557 in VYM.

Which pays a higher dividend, MVV or VYM?

MVV yields 0.69% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.

Is VYM better than MVV?

VYM has a lower expense ratio. MVV led over 1Y, 3Y and the full window, VYM over 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.