NVOX vs VYM
Defiance Daily Target 2X Long NVO ETF vs Vanguard High Dividend Yield ETF
Which is better, NVOX or VYM?
Trading-Leveraged Equity against Large Cap Value.
VYM has a lower expense ratio. VYM 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 | NVOX | VYM |
|---|---|---|
| Expense Ratio | 1.30% | 0.04%Best |
| AUM | $35M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 20 | 613 |
| YTD Return | -58.50% | +10.23%Best |
| 1Y Return | -70.69% | +14.28%Best |
| 3Y Return (annualized) | - | +17.50% |
| 5Y Return (annualized) | - | +11.60% |
| Volatility (annualized) | 94.0% | 10.2%Best |
| Max Drawdown | -94.5% | -14.5%Best |
| $10,000 over 1.8 years | $598 | $12,360Best |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Dec 2, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 3, 2024 to Sep 23, 2026 (1.8 years).
NVOX 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 1.8 years both funds cover.
NVOX vs VYM Performance
Defiance Daily Target 2X Long NVO ETF (NVOX) is an ETF from Defiance ETFs, LLC and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year NVOX returned -70.69% while VYM returned +14.28%. Year to date, NVOX is down 58.50% versus a gain of 10.23% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVOX has been the more volatile fund, with annualized monthly volatility of 94.0% compared with 10.2% 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 -94.5% for NVOX 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 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVOX charges 1.30% per year while VYM charges 0.04%. On a $10,000 position that is $130 vs $4 annually, a gap of $126 per year that compounds over a long holding period. On income, NVOX currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in NVOX and 557 in VYM, totalling 15.9% 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 NVOX and 557 in VYM, against full books of 20 and 613.
You are not choosing between two funds in isolation.
Whichever of NVOX 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, NVOX or VYM?
NVOX has an expense ratio of 1.30% while VYM charges 0.04%. VYM is the cheaper option, by $126 a year on a $10,000 investment.
Which performed better, NVOX or VYM?
Over the past year NVOX returned -70.69% vs +14.28% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), NVOX annualized -79.09% vs +12.49% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVOX or VYM?
NVOX has been the more volatile fund at 94.0% annualized versus 10.2% for VYM. Worst drawdown: NVOX -94.5% vs VYM -14.5%.
Should I hold both NVOX and VYM?
NVOX and VYM have a monthly-return correlation of 0.40, 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, NVOX or VYM?
NVOX yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than NVOX?
VYM has a lower expense ratio. VYM 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.