QEMM vs VYM
State Street SPDR MSCI Emerging Markets StrategicFactors ETF vs Vanguard High Dividend Yield ETF
Which is better, QEMM or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. QEMM led over 1Y and 3Y, VYM over 5Y and the full window. QEMM is less concentrated, with 20.4% of the fund in its ten largest positions against 25.9%.
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 | QEMM | VYM |
|---|---|---|
| Expense Ratio | 0.30% | 0.04%Best |
| AUM | $62M | $81.6B |
| Dividend Yield | 4.30% | 2.22% |
| Holdings | 870 | 613 |
| YTD Return | +24.21%Best | +13.75% |
| 1Y Return | +33.23%Best | +19.42% |
| 3Y Return (annualized) | +19.79%Best | +18.22% |
| 5Y Return (annualized) | +8.16% | +12.17%Best |
| Volatility (annualized) | 14.4% | 13.7%Best |
| Max Drawdown | -40.5% | -35.7%Best |
| $10,000 over 5 years | $14,802 | $17,758Best |
| Top 10 Weight | 20.4%Best | 25.9% |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 4, 2014 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 5, 2014 to Sep 9, 2026 (12.3 years).
QEMM 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 12.3 years both funds cover.
QEMM vs VYM Performance
State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an ETF from SPDR State Street Global Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year QEMM returned +33.23% while VYM returned +19.42%. Year to date, QEMM is up 24.21% versus a gain of 13.75% for VYM.
Over three years, QEMM compounded at +19.79% per year against +18.22% for VYM; over five years the annualized figures are +8.16% and +12.17% respectively. Across the full 12-year window we track, VYM has the edge at +9.05% annualized vs +4.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QEMM has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -40.5% for QEMM 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QEMM charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, QEMM currently yields 4.30% against 2.22% for VYM.
Holdings Overlap
0.7% of QEMM's money is in holdings VYM also owns. 0.2% of VYM's money is in holdings QEMM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 805 positions we hold weights for in QEMM and 603 in VYM, against full books of 870 and 613.
What only one of them owns
Our book lists 565 positions for VYM that do not appear in our book for QEMM (97.2% of the fund), and 20 for QEMM that do not appear in VYM (2.0%).
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.
You are not choosing between two funds in isolation.
Whichever of QEMM and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QEMM or VYM?
QEMM has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, QEMM or VYM?
Over the past year QEMM returned +33.23% vs +19.42% for VYM, so QEMM leads on 1-year performance. Over the longest common window we track (12 years), QEMM annualized +4.49% vs +9.05% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QEMM or VYM?
QEMM has been the more volatile fund at 14.4% annualized versus 13.7% for VYM. Worst drawdown: QEMM -40.5% vs VYM -35.7%.
Should I hold both QEMM and VYM?
QEMM and VYM have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QEMM or VYM?
QEMM yields 4.30% while VYM yields 2.22%, so QEMM currently pays the higher dividend yield.
Is VYM better than QEMM?
VYM has a lower expense ratio. QEMM led over 1Y and 3Y, VYM over 5Y and the full window. QEMM is less concentrated, with 20.4% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.