QTPI vs VYM
North Square RCIM Tax-Advantaged Preferred and Income Securities 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 616 holdings.
Side-by-Side Comparison
| Metric | QTPI | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.04% | |
| AUM | $80M | $81.6B | |
| Dividend Yield | 4.70% | 2.24% | |
| Holdings | 56 | 616 | |
| YTD Return | +1.05% | +14.66% | |
| 1Y Return | +3.62% | +22.16% | |
| 3Y Return (annualized) | - | +18.72% | |
| 5Y Return (annualized) | - | +12.18% | |
| Volatility (annualized) | 2.6% | 14.6% | |
| Max Drawdown | -4.1% | -58.8% | |
| Fund Family | North Square Investments, LLC | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 18, 2024 | Nov 10, 2006 |
QTPI vs VYM Performance
North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is a ETF from North Square Investments, LLC and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year QTPI returned +3.62% while VYM returned +22.16%. Year to date, QTPI is up 1.05% versus a gain of 14.66% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 2.6% for QTPI. 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 -4.1% for QTPI 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QTPI charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, QTPI currently yields 4.70% against 2.24% for VYM.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, QTPI or VYM?
QTPI has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, QTPI or VYM?
Over the past year QTPI returned +3.62% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), QTPI annualized +5.35% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, QTPI or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 2.6% for QTPI. Worst drawdown: QTPI -4.1% vs VYM -58.8%.
Should I hold both QTPI and VYM?
QTPI and VYM have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QTPI and VYM?
QTPI and VYM share 2 common holdings with a 1.1% weight overlap. Combined, they hold 655 unique securities.
Which pays a higher dividend, QTPI or VYM?
QTPI yields 4.70% while VYM yields 2.24%, so QTPI currently pays the higher dividend yield.
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