PALD vs VYM
Direxion Daily PANW Bear 1X ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 568 holdings.
Side-by-Side Comparison
| Metric | PALD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.04% | |
| AUM | $2M | $79.0B | |
| Dividend Yield | 5.25% | 2.86% | |
| Holdings | 9 | 568 | |
| YTD Return | -59.34% | +16.78% | |
| 1Y Return | -60.02% | +24.43% | |
| 3Y Return (annualized) | - | +18.60% | |
| 5Y Return (annualized) | - | +12.30% | |
| Volatility (annualized) | 48.2% | 14.6% | |
| Max Drawdown | -67.4% | -58.8% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 26, 2025 | Nov 10, 2006 |
PALD vs VYM Performance
Direxion Daily PANW Bear 1X ETF (PALD) is a ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year PALD returned -60.02% while VYM returned +24.43%. Year to date, PALD is down 59.34% versus a gain of 16.78% for VYM.
Risk: Volatility and Drawdowns
PALD has been the more volatile fund, with annualized monthly volatility of 48.2% compared with 14.6% 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 -67.4% for PALD and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PALD 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, PALD currently yields 5.25% against 2.86% for VYM.
Holdings Overlap
PALD and VYM share 0 holdings out of 562 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PALD or VYM?
PALD has an expense ratio of 1.02% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, PALD or VYM?
Over the past year PALD returned -60.02% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), PALD annualized -48.03% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, PALD or VYM?
PALD has been the more volatile fund at 48.2% annualized versus 14.6% for VYM. Worst drawdown: PALD -67.4% vs VYM -58.8%.
Should I hold both PALD and VYM?
PALD and VYM have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PALD and VYM?
PALD and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 562 unique securities.
Which pays a higher dividend, PALD or VYM?
PALD yields 5.25% while VYM yields 2.86%, so PALD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.