MYCN vs VYM

MYCN vs VYM
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Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricMYCNVYMWinner
Expense Ratio0.15%0.04%
AUM$8M$81.6B
Dividend Yield5.07%2.24%
Holdings117616
YTD Return-0.32%+14.66%
1Y Return+2.69%+22.16%
3Y Return (annualized)-+18.72%
5Y Return (annualized)-+12.18%
Volatility (annualized)4.4%14.6%
Max Drawdown-4.6%-58.8%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionSep 23, 2024Nov 10, 2006

MYCN vs VYM Performance

State Street My2034 Corporate Bond ETF (MYCN) is a ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MYCN returned +2.69% while VYM returned +22.16%. Year to date, MYCN is down 0.32% versus a gain of 14.66% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 4.4% for MYCN. 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 -4.6% for MYCN 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MYCN charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, MYCN currently yields 5.07% against 2.24% for VYM.

Holdings Overlap

0.0%overlap

MYCN and VYM share 0 holdings out of 604 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, MYCN or VYM?

MYCN has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $11 per year of difference.

Which performed better, MYCN or VYM?

Over the past year MYCN returned +2.69% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), MYCN annualized +2.85% vs +7.01% for VYM. Past performance does not guarantee future results.

Which is riskier, MYCN or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 4.4% for MYCN. Worst drawdown: MYCN -4.6% vs VYM -58.8%.

Should I hold both MYCN and VYM?

MYCN and VYM have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MYCN and VYM?

MYCN and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.

Which pays a higher dividend, MYCN or VYM?

MYCN yields 5.07% while VYM yields 2.24%, so MYCN currently pays the higher dividend yield.

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