OEI vs VYM
Optimized Equity Income ETF vs Vanguard High Dividend Yield ETF
Which is better, OEI or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 38.8%.
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 | OEI | VYM |
|---|---|---|
| Expense Ratio | 1.02% | 0.04%Best |
| AUM | $52M | $78.9B |
| Dividend Yield | 8.20% | 2.37% |
| Holdings | 99 | 608 |
| YTD Return | +9.49% | +14.51%Best |
| 1Y Return | +11.01% | +17.17%Best |
| 3Y Return (annualized) | - | +21.04% |
| 5Y Return (annualized) | - | +11.83% |
| Volatility (annualized) | 7.4%Best | 11.8% |
| Max Drawdown | -6.5%Best | -6.7% |
| $10,000 over 1 years | $11,377 | $11,843Best |
| Top 10 Weight | 38.8% | 25.8%Best |
| Fund Family | Core Alternative Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 22, 2025 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 22, 2025 to Oct 27, 2026 (1 years).
OEI 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 years both funds cover.
OEI vs VYM Performance
Optimized Equity Income ETF (OEI) is an ETF from Core Alternative Capital and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OEI returned +11.01% while VYM returned +17.17%. Year to date, OEI is up 9.49% versus a gain of 14.51% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 7.4% for OEI. 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 -6.5% for OEI and -6.7% 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OEI charges 1.02% per year while VYM charges 0.04%. On a $10,000 position that is $102 vs $4 annually, a gap of $98 per year that compounds over a long holding period. On income, OEI currently yields 8.20% against 2.37% for VYM.
Holdings Overlap
34.4% of OEI's money is in holdings VYM also owns. 49.9% of VYM's money is in holdings OEI also owns.
The two portfolios partly overlap.
37 positions in common, counted across the 82 positions we hold weights for in OEI and 602 in VYM, against full books of 99 and 608.
What only one of them owns
Our book lists 538 positions for VYM that do not appear in our book for OEI (48.4% of the fund), and 45 for OEI that do not appear in VYM (63.8%).
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 OEI | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.63% | 6.94% | 4.31% |
| JPMJpmorgan Chase | 1.41% | 3.83% | 2.42% |
| XOMExxonmobil Corp. | 2.13% | 2.70% | 0.57% |
| JNJJohnson & Johnson - Common | 2.08% | 2.58% | 0.50% |
| ABBVAbbvie Inc. | 1.59% | 1.83% | 0.24% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.42% | 1.76% | 0.34% |
| CVXChevron Corp | 1.35% | 1.54% | 0.19% |
| BACBank of America Corp.: Financials | 1.17% | 1.65% | 0.48% |
| MRKMerck & Company Inc | 1.21% | 1.47% | 0.26% |
| CATCaterpillar, Inc. | 1.03% | 1.46% | 0.43% |
49.9% of VYM is already inside OEI.
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, OEI or VYM?
OEI has an expense ratio of 1.02% while VYM charges 0.04%. VYM is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, OEI or VYM?
Over the past year OEI returned +11.01% vs +17.17% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), OEI annualized +13.77% vs +18.43% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OEI or VYM?
VYM has been the more volatile fund at 11.8% annualized versus 7.4% for OEI. Worst drawdown: OEI -6.5% vs VYM -6.7%.
Should I hold both OEI and VYM?
OEI and VYM have a monthly-return correlation of 0.59, 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 OEI and VYM?
49.9% of VYM's money is in holdings OEI also owns. 49.9% of VYM's is in holdings OEI also owns. They hold 37 positions in common, counted across the 82 positions we hold weights for in OEI and 602 in VYM.
Which pays a higher dividend, OEI or VYM?
OEI yields 8.20% while VYM yields 2.37%, so OEI currently pays the higher dividend yield.
Is VYM better than OEI?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.