OCIO vs VYM
Clearshares Ocio Etf vs Vanguard High Dividend Yield ETF
Which is better, OCIO or VYM?
Allocation/Balanced against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 48.5%.
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 | OCIO | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $171M | $81.6B |
| Dividend Yield | 9.63% | 2.22% |
| Holdings | 72 | 613 |
| YTD Return | +7.89% | +12.87%Best |
| 1Y Return | +11.72% | +17.25%Best |
| 3Y Return (annualized) | +12.97% | +17.66%Best |
| 5Y Return (annualized) | +6.72% | +11.98%Best |
| Volatility (annualized) | 10.1%Best | 14.7% |
| Max Drawdown | -24.2%Best | -35.7% |
| $10,000 over 5 years | $13,843 | $17,608Best |
| Top 10 Weight | 48.5% | 26.1%Best |
| Fund Family | ClearShares ETFs | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Jun 26, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 27, 2017 to Sep 15, 2026 (9.2 years).
OCIO 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 9.2 years both funds cover.
OCIO vs VYM Performance
Clearshares Ocio Etf (OCIO) is an ETF from ClearShares ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OCIO returned +11.72% while VYM returned +17.25%. Year to date, OCIO is up 7.89% versus a gain of 12.87% for VYM.
Over three years, OCIO compounded at +12.97% per year against +17.66% for VYM; over five years the annualized figures are +6.72% and +11.98% respectively. Across the full 9-year window we track, VYM has the edge at +10.08% annualized vs +6.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 10.1% for OCIO. 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 -24.2% for OCIO and -35.7% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OCIO charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, OCIO currently yields 9.63% against 2.22% for VYM.
Holdings Overlap
0.8% of OCIO's money is in holdings VYM also owns. 21.1% of VYM's money is in holdings OCIO also owns.
VYM and OCIO share little of their money.
7 positions in common, counted across the 55 positions we hold weights for in OCIO and 557 in VYM, against full books of 72 and 613.
What only one of them owns
Our book lists 521 positions for VYM that do not appear in our book for OCIO (76.0% of the fund), and 47 for OCIO that do not appear in VYM (99.3%).
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.
21.1% of VYM is already inside OCIO.
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, OCIO or VYM?
OCIO has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, OCIO or VYM?
Over the past year OCIO returned +11.72% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), OCIO annualized +6.80% vs +10.08% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OCIO or VYM?
VYM has been the more volatile fund at 14.7% annualized versus 10.1% for OCIO. Worst drawdown: OCIO -24.2% vs VYM -35.7%.
Should I hold both OCIO and VYM?
OCIO and VYM have a monthly-return correlation of 0.88, 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 OCIO and VYM?
21.1% of VYM's money is in holdings OCIO also owns. 21.1% of VYM's is in holdings OCIO also owns. They hold 7 positions in common, counted across the 55 positions we hold weights for in OCIO and 557 in VYM.
Which pays a higher dividend, OCIO or VYM?
OCIO yields 9.63% while VYM yields 2.22%, so OCIO currently pays the higher dividend yield.
Is VYM better than OCIO?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 48.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.