NOEQ vs VYM
Northern Trust US Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, NOEQ or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 61.4%.
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 | NOEQ | VYM |
|---|---|---|
| Expense Ratio | 0.12% | 0.04%Best |
| AUM | $939M | $81.6B |
| Dividend Yield | 0.17% | 2.22% |
| Holdings | 408 | 613 |
| YTD Return | +17.01%Best | +13.91% |
| 1Y Return | - | +17.57% |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Top 10 Weight | 61.4% | 25.9%Best |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 20, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NOEQ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NOEQ vs VYM Performance
Northern Trust US Equity ETF (NOEQ) is an ETF from Northern Trust Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, NOEQ is up 17.01% versus a gain of 13.91% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
NOEQ charges 0.12% per year while VYM charges 0.04%. On a $10,000 position that is $12 vs $4 annually, a gap of $8 per year that compounds over a long holding period. On income, NOEQ currently yields 0.17% against 2.22% for VYM.
Holdings Overlap
22.6% of NOEQ's money is in holdings VYM also owns. 78.3% of VYM's money is in holdings NOEQ also owns.
Most of VYM is already inside NOEQ. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, NOEQ as of Aug 31, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
206 positions in common, counted across the 399 positions we hold weights for in NOEQ and 603 in VYM, against full books of 408 and 613.
What only one of them owns
Our book lists 364 positions for VYM that do not appear in our book for NOEQ (19.1% of the fund), and 124 for NOEQ that do not appear in VYM (75.6%).
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 NOEQ | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.17% | 7.29% | 6.12% |
| JNJJohnson & Johnson | 4.03% | 2.54% | 1.49% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 3.99% | 2.36% | 1.63% |
| CVXChevron Corp. | 3.76% | 1.28% | 2.48% |
| MRKMerck & Co. Inc. | 2.97% | 1.32% | 1.65% |
| JPMJpmorgan Chase & Co. | 0.71% | 3.38% | 2.67% |
| CATCaterpillar, Inc. | 0.36% | 2.01% | 1.65% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.15% | 1.93% | 1.78% |
| ABBVAbbvie Inc. | 0.12% | 1.85% | 1.73% |
| BACBank Of America Corp. | 0.25% | 1.56% | 1.31% |
78.3% of VYM is already inside NOEQ.
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, NOEQ or VYM?
NOEQ has an expense ratio of 0.12% while VYM charges 0.04%. VYM is the cheaper option, by $8 a year on a $10,000 investment.
What is the holdings overlap between NOEQ and VYM?
78.3% of VYM's money is in holdings NOEQ also owns. 78.3% of VYM's is in holdings NOEQ also owns. They hold 206 positions in common, counted across the 399 positions we hold weights for in NOEQ and 603 in VYM.
Which pays a higher dividend, NOEQ or VYM?
NOEQ yields 0.17% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than NOEQ?
VYM has a lower expense ratio. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 61.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.