OUSM vs VYM
O Shares US Small-Cap Quality Dividend ETF vs Vanguard High Dividend Yield ETF
Which is better, OUSM or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. OUSM is less concentrated, with 21.8% of the fund in its ten largest positions against 26.1%.
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 | OUSM | VYM |
|---|---|---|
| Expense Ratio | 0.48% | 0.04%Best |
| AUM | $835M | $81.6B |
| Dividend Yield | 2.00% | 2.22% |
| Holdings | 109 | 613 |
| YTD Return | +8.18% | +11.47%Best |
| 1Y Return | +6.75% | +15.94%Best |
| 3Y Return (annualized) | +12.10% | +18.03%Best |
| 5Y Return (annualized) | +8.31% | +12.35%Best |
| Volatility (annualized) | 17.1% | 14.4%Best |
| Max Drawdown | -40.0% | -35.7%Best |
| $10,000 over 5 years | $14,905 | $17,901Best |
| Top 10 Weight | 21.8%Best | 26.1% |
| Fund Family | ALPS Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Dec 30, 2016 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 30, 2016 to Sep 21, 2026 (9.7 years).
OUSM 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 9.7 years both funds cover.
OUSM vs VYM Performance
O Shares US Small-Cap Quality Dividend ETF (OUSM) is an ETF from ALPS Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OUSM returned +6.75% while VYM returned +15.94%. Year to date, OUSM is up 8.18% versus a gain of 11.47% for VYM.
Over three years, OUSM compounded at +12.10% per year against +18.03% for VYM; over five years the annualized figures are +8.31% and +12.35% respectively. Across the full 10-year window we track, VYM has the edge at +9.73% annualized vs +7.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OUSM has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 14.4% 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 -40.0% for OUSM 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OUSM charges 0.48% per year while VYM charges 0.04%. On a $10,000 position that is $48 vs $4 annually, a gap of $44 per year that compounds over a long holding period. On income, OUSM currently yields 2.00% against 2.22% for VYM.
Holdings Overlap
60.1% of OUSM's money is in holdings VYM also owns. 1.6% of VYM's money is in holdings OUSM also owns.
The two portfolios partly overlap.
71 positions in common, counted across the 108 positions we hold weights for in OUSM and 557 in VYM, against full books of 109 and 613.
What only one of them owns
Our book lists 459 positions for VYM that do not appear in our book for OUSM (95.4% of the fund), and 33 for OUSM that do not appear in VYM (34.2%).
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 OUSM | Weight in VYM | Difference |
|---|---|---|---|
| SEICSei Investments Co. | 2.39% | 0.04% | 2.35% |
| CHEChemed Corp | 2.34% | 0.03% | 2.31% |
| TXRHTexas Roadhouse Inc | 2.22% | 0.05% | 2.17% |
| MTGMgic Investment Corp | 2.20% | 0.03% | 2.17% |
| HRBH&R Block, Inc. | 2.06% | 0.02% | 2.04% |
| DCIDonaldson Co Inc | 2.02% | 0.04% | 1.98% |
| RDNRadian Group Inc | 2.00% | 0.02% | 1.98% |
| PRIPrimerica Inc (pri) | 1.96% | 0.04% | 1.92% |
| AVTAvnet Inc | 1.92% | 0.03% | 1.89% |
| DLBDOLBY LABORATORIES INC-CL A | 1.78% | 0.01% | 1.77% |
60.1% of OUSM is already inside VYM.
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, OUSM or VYM?
OUSM has an expense ratio of 0.48% while VYM charges 0.04%. VYM is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, OUSM or VYM?
Over the past year OUSM returned +6.75% vs +15.94% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), OUSM annualized +7.86% vs +9.73% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OUSM or VYM?
OUSM has been the more volatile fund at 17.1% annualized versus 14.4% for VYM. Worst drawdown: OUSM -40.0% vs VYM -35.7%.
Should I hold both OUSM and VYM?
OUSM and VYM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between OUSM and VYM?
60.1% of OUSM's money is in holdings VYM also owns. 1.6% of VYM's is in holdings OUSM also owns. They hold 71 positions in common, counted across the 108 positions we hold weights for in OUSM and 557 in VYM.
Which pays a higher dividend, OUSM or VYM?
OUSM yields 2.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than OUSM?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. OUSM is less concentrated, with 21.8% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.