OTAX vs VYM
Optimal Tax Managed Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, OTAX or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 44.3%.
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 | OTAX | VYM |
|---|---|---|
| Expense Ratio | 0.58% | 0.04%Best |
| AUM | $72M | $83.1B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 207 | 608 |
| YTD Return | +0.79% | +10.00%Best |
| 1Y Return | - | +13.75% |
| 3Y Return (annualized) | - | +18.81% |
| 5Y Return (annualized) | - | +11.63% |
| Top 10 Weight | 44.3% | 26.1%Best |
| Fund Family | Optimal Tax Asset Management, Inc. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 25, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
OTAX 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.
OTAX vs VYM Performance
Optimal Tax Managed Equity ETF (OTAX) is an ETF from Optimal Tax Asset Management, Inc. and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, OTAX is up 0.79% versus a gain of 10.00% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
OTAX charges 0.58% per year while VYM charges 0.04%. On a $10,000 position that is $58 vs $4 annually, a gap of $54 per year that compounds over a long holding period. On income, OTAX currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
23.1% of OTAX's money is in holdings VYM also owns. 54.1% of VYM's money is in holdings OTAX also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, OTAX as of Sep 15, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
67 positions in common, counted across the 207 positions we hold weights for in OTAX and 557 in VYM, against full books of 207 and 608.
What only one of them owns
Our book lists 463 positions for VYM that do not appear in our book for OTAX (44.1% of the fund), and 124 for OTAX that do not appear in VYM (71.9%).
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 OTAX | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.15% | 7.35% | 5.20% |
| JPMJpmorgan Chase | 0.92% | 3.82% | 2.90% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 0.68% | 2.63% | 1.95% |
| JNJJohnson & Johnson - Common | 0.62% | 2.51% | 1.89% |
| MRKMerck & Company Inc | 1.78% | 1.31% | 0.47% |
| ABBVAbbvie Inc. | 0.59% | 1.80% | 1.21% |
| DELLDell Technologies Inc | 1.85% | 0.50% | 1.35% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.43% | 1.86% | 1.43% |
| CATCaterpillar, Inc. | 0.55% | 1.50% | 0.95% |
| BACBank of America Corp.: Financials | 0.37% | 1.66% | 1.29% |
54.1% of VYM is already inside OTAX.
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, OTAX or VYM?
OTAX has an expense ratio of 0.58% while VYM charges 0.04%. VYM is the cheaper option, by $54 a year on a $10,000 investment.
What is the holdings overlap between OTAX and VYM?
54.1% of VYM's money is in holdings OTAX also owns. 54.1% of VYM's is in holdings OTAX also owns. They hold 67 positions in common, counted across the 207 positions we hold weights for in OTAX and 557 in VYM.
Which pays a higher dividend, OTAX or VYM?
OTAX yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than OTAX?
VYM has a lower expense ratio. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 44.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.