PATN vs VYM

Quick Verdict

VYM has a lower expense ratio. PATN delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: PATNMore Diversified: VYM

Side-by-Side Comparison

MetricPATNVYMWinner
Expense Ratio0.65%0.04%
AUM$194M$79.0B
Dividend Yield1.59%2.86%
Holdings106568
YTD Return+30.58%+16.53%
1Y Return+51.85%+25.03%
3Y Return (annualized)-+18.54%
5Y Return (annualized)-+12.25%
Volatility (annualized)21.1%14.6%
Max Drawdown-16.8%-58.8%
Fund FamilyPacer ETFsVanguard (US)
CategoryEquityEquity
InceptionSep 16, 2024Nov 10, 2006

PATN vs VYM Performance

Pacer Nasdaq International Patent Leaders ETF (PATN) is a ETF from Pacer ETFs and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year PATN returned +51.85% while VYM returned +25.03%. Year to date, PATN is up 30.58% versus a gain of 16.53% for VYM.

Risk: Volatility and Drawdowns

PATN has been the more volatile fund, with annualized monthly volatility of 21.1% 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 -16.8% for PATN 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PATN 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, PATN currently yields 1.59% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

PATN and VYM share 0 holdings out of 659 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, PATN or VYM?

PATN has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $61 per year of difference.

Which performed better, PATN or VYM?

Over the past year PATN returned +51.85% vs +25.03% for VYM, so PATN leads on 1-year performance. Over the longest common window we track (2 years), PATN annualized +38.32% vs +7.10% for VYM. Past performance does not guarantee future results.

Which is riskier, PATN or VYM?

PATN has been the more volatile fund at 21.1% annualized versus 14.6% for VYM. Worst drawdown: PATN -16.8% vs VYM -58.8%.

Should I hold both PATN and VYM?

PATN and VYM have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PATN and VYM?

PATN and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 659 unique securities.

Which pays a higher dividend, PATN or VYM?

PATN yields 1.59% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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