QMNV vs VYM
FT Vest Nasdaq-100 Moderate Buffer ETF - November 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 558 holdings.
Side-by-Side Comparison
| Metric | QMNV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.90% | 0.04% | |
| AUM | $57M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 4 | 568 | |
| YTD Return | +8.91% | +16.53% | |
| 1Y Return | +15.91% | +25.03% | |
| 3Y Return (annualized) | - | +18.54% | |
| 5Y Return (annualized) | - | +12.25% | |
| Volatility (annualized) | 8.1% | 14.6% | |
| Max Drawdown | -12.8% | -58.8% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 15, 2024 | Nov 10, 2006 |
QMNV vs VYM Performance
FT Vest Nasdaq-100 Moderate Buffer ETF - November (QMNV) is a ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year QMNV returned +15.91% while VYM returned +25.03%. Year to date, QMNV is up 8.91% versus a gain of 16.53% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 8.1% for QMNV. 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 -12.8% for QMNV 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QMNV charges 0.90% per year while VYM charges 0.04%. On a $10,000 position that is $90 vs $4 annually, a gap of $86 per year that compounds over a long holding period. On income, QMNV currently yields 0.00% against 2.86% for VYM.
Holdings Overlap
QMNV and VYM share 0 holdings out of 559 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, QMNV or VYM?
QMNV has an expense ratio of 0.90% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, QMNV or VYM?
Over the past year QMNV returned +15.91% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), QMNV annualized +15.08% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, QMNV or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 8.1% for QMNV. Worst drawdown: QMNV -12.8% vs VYM -58.8%.
Should I hold both QMNV and VYM?
QMNV and VYM have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QMNV and VYM?
QMNV and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, QMNV or VYM?
QMNV yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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