PPI vs VYM
Astoria Real Assets ETF vs Vanguard High Dividend Yield ETF
Which is better, PPI or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. PPI led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 27.0%.
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 | PPI | VYM |
|---|---|---|
| Expense Ratio | 0.57% | 0.04%Best |
| AUM | $161M | $81.6B |
| Dividend Yield | 1.31% | 2.22% |
| Holdings | 86 | 613 |
| YTD Return | +9.56% | +11.35%Best |
| 1Y Return | +16.53%Best | +15.34% |
| 3Y Return (annualized) | +18.20%Best | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 18.9% | 13.7%Best |
| Max Drawdown | -24.5% | -15.8%Best |
| $10,000 over 4.7 years | $18,066Best | $16,166 |
| Top 10 Weight | 27.0% | 26.1%Best |
| Fund Family | AXS Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 30, 2021 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 30, 2021 to Sep 18, 2026 (4.7 years).
PPI 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 4.7 years both funds cover.
PPI vs VYM Performance
Astoria Real Assets ETF (PPI) is an ETF from AXS Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PPI returned +16.53% while VYM returned +15.34%. Year to date, PPI is up 9.56% versus a gain of 11.35% for VYM.
Over three years, PPI compounded at +18.20% per year against +17.22% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PPI has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 13.7% 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 -24.5% for PPI and -15.8% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PPI charges 0.57% per year while VYM charges 0.04%. On a $10,000 position that is $57 vs $4 annually, a gap of $53 per year that compounds over a long holding period. On income, PPI currently yields 1.31% against 2.22% for VYM.
Holdings Overlap
22.5% of PPI's money is in holdings VYM also owns. 6.2% of VYM's money is in holdings PPI also owns.
PPI and VYM share little of their money.
17 positions in common, counted across the 78 positions we hold weights for in PPI and 557 in VYM, against full books of 86 and 613.
What only one of them owns
Our book lists 511 positions for VYM that do not appear in our book for PPI (90.8% of the fund), and 36 for PPI that do not appear in VYM (47.3%).
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 PPI | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 1.99% | 2.63% | 0.64% |
| LMTLockheed Martin Corp | 2.02% | 0.48% | 1.54% |
| VLOValero Energy | 1.84% | 0.38% | 1.46% |
| AEPAmerican Electric Power Co Inc | 1.85% | 0.28% | 1.57% |
| CMICummins Inc. | 1.63% | 0.36% | 1.27% |
| NEMNewmont Corp Common | 1.56% | 0.41% | 1.15% |
| SLBSchlumberger Nv. | 1.37% | 0.30% | 1.07% |
| EOGEog Resources Inc | 1.30% | 0.32% | 0.98% |
| EXCExelon | 1.20% | 0.19% | 1.01% |
| HALHalliburton Co. | 1.24% | 0.11% | 1.13% |
22.5% of PPI 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, PPI or VYM?
PPI has an expense ratio of 0.57% while VYM charges 0.04%. VYM is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, PPI or VYM?
Over the past year PPI returned +16.53% vs +15.34% for VYM, so PPI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PPI or VYM?
PPI has been the more volatile fund at 18.9% annualized versus 13.7% for VYM. Worst drawdown: PPI -24.5% vs VYM -15.8%.
Should I hold both PPI and VYM?
PPI and VYM have a monthly-return correlation of 0.83, 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 PPI and VYM?
22.5% of PPI's money is in holdings VYM also owns. 6.2% of VYM's is in holdings PPI also owns. They hold 17 positions in common, counted across the 78 positions we hold weights for in PPI and 557 in VYM.
Which pays a higher dividend, PPI or VYM?
PPI yields 1.31% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PPI?
VYM has a lower expense ratio. PPI led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 27.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.