NIXT vs VYM
Research Affiliates Deletions ETF vs Vanguard High Dividend Yield ETF
Which is better, NIXT or VYM?
Small Cap Value against Large Cap Value.
VYM has a lower expense ratio. NIXT led over 1Y and the full window. NIXT is less concentrated, with 8.9% of the fund in its ten largest positions against 26.1%.
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 | NIXT | VYM |
|---|---|---|
| Expense Ratio | 0.19% | 0.04%Best |
| AUM | $43M | $81.6B |
| Dividend Yield | 0.89% | 2.22% |
| Holdings | 212 | 613 |
| YTD Return | +25.45%Best | +11.47% |
| 1Y Return | +26.52%Best | +15.94% |
| 3Y Return (annualized) | - | +18.03% |
| 5Y Return (annualized) | - | +12.35% |
| Volatility (annualized) | 16.4% | 10.7%Best |
| Max Drawdown | -27.5% | -14.5%Best |
| $10,000 over 2 years | $14,007Best | $13,463 |
| Top 10 Weight | 8.9%Best | 26.1% |
| Fund Family | RAFI Indices | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Sep 9, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 21, 2026 (2 years).
NIXT 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 years both funds cover.
NIXT vs VYM Performance
Research Affiliates Deletions ETF (NIXT) is an ETF from RAFI Indices and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year NIXT returned +26.52% while VYM returned +15.94%. Year to date, NIXT is up 25.45% versus a gain of 11.47% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NIXT has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 10.7% 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 -27.5% for NIXT 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NIXT charges 0.19% per year while VYM charges 0.04%. On a $10,000 position that is $19 vs $4 annually, a gap of $15 per year that compounds over a long holding period. On income, NIXT currently yields 0.89% against 2.22% for VYM.
Holdings Overlap
30.8% of NIXT's money is in holdings VYM also owns. 1.7% of VYM's money is in holdings NIXT also owns.
The two portfolios partly overlap.
65 positions in common, counted across the 208 positions we hold weights for in NIXT and 557 in VYM, against full books of 212 and 613.
What only one of them owns
Our book lists 466 positions for VYM that do not appear in our book for NIXT (95.4% of the fund), and 141 for NIXT that do not appear in VYM (68.8%).
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 NIXT | Weight in VYM | Difference |
|---|---|---|---|
| MANManpowergroup Inc | 0.81% | 0.01% | 0.80% |
| PBFPbf Energy Inc | 0.75% | 0.03% | 0.72% |
| RHIRobert Half International Inc. | 0.69% | 0.02% | 0.67% |
| HRBH&R Block, Inc. | 0.69% | 0.02% | 0.67% |
| BBYBest Buy Co. Inc. | 0.62% | 0.07% | 0.55% |
| BAXBaxter International Inc. | 0.63% | 0.05% | 0.58% |
| SJMJ M Smucker Co/The | 0.58% | 0.05% | 0.53% |
| FDSFactset Research Systems Inc. | 0.58% | 0.04% | 0.54% |
| VACMarriott Vacations Worldwide Corp | 0.60% | 0.01% | 0.59% |
| ASHAshland Global Holdings Inc | 0.60% | 0.01% | 0.59% |
30.8% of NIXT 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, NIXT or VYM?
NIXT has an expense ratio of 0.19% while VYM charges 0.04%. VYM is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, NIXT or VYM?
Over the past year NIXT returned +26.52% vs +15.94% for VYM, so NIXT leads on 1-year performance. Over the longest common window we track (2 years), NIXT annualized +18.35% vs +16.03% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NIXT or VYM?
NIXT has been the more volatile fund at 16.4% annualized versus 10.7% for VYM. Worst drawdown: NIXT -27.5% vs VYM -14.5%.
Should I hold both NIXT and VYM?
NIXT and VYM have a monthly-return correlation of 0.87, 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 NIXT and VYM?
30.8% of NIXT's money is in holdings VYM also owns. 1.7% of VYM's is in holdings NIXT also owns. They hold 65 positions in common, counted across the 208 positions we hold weights for in NIXT and 557 in VYM.
Which pays a higher dividend, NIXT or VYM?
NIXT yields 0.89% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than NIXT?
VYM has a lower expense ratio. NIXT led over 1Y and the full window. NIXT is less concentrated, with 8.9% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.