Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. RB offers more diversification with 1950 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: RB

Side-by-Side Comparison

MetricRBVYMWinner
Expense Ratio0.58%0.04%
AUM$1M$79.0B
Dividend Yield2.28%2.86%
Holdings1,963568
YTD Return+7.88%+15.80%
1Y Return+16.21%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)3.1%14.6%
Max Drawdown-2.1%-58.8%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 24, 2025Nov 10, 2006

RB vs VYM Performance

ProShares Russell 2000 Dynamic Buffer ETF (RB) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year RB returned +16.21% while VYM returned +26.12%. Year to date, RB is up 7.88% versus a gain of 15.80% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 3.1% for RB. 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 -2.1% for RB 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

RB charges 0.58% per year while VYM charges 0.04%. On a $10,000 position that is $58 vs $4 annually, a gap of $54 per year that compounds over a long holding period. On income, RB currently yields 2.28% against 2.86% for VYM.

Holdings Overlap

2.5%overlap

RB and VYM share 186 holdings out of 2322 unique holdings combined, representing a 2.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RBWeight in VYMDifference
NEM0.02%0.63%0.61%
UMBF0.30%0.04%0.26%
ONB0.25%0.04%0.21%
FCFSProProPro
TEXProProPro
XELProProPro
VLYProProPro
JXNProProPro
GBCIProProPro
UBSIProProPro
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Frequently Asked Questions

Which is cheaper, RB or VYM?

RB has an expense ratio of 0.58% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $54 per year of difference.

Which performed better, RB or VYM?

Over the past year RB returned +16.21% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), RB annualized +15.86% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, RB or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 3.1% for RB. Worst drawdown: RB -2.1% vs VYM -58.8%.

Should I hold both RB and VYM?

RB and VYM have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RB and VYM?

RB and VYM share 186 common holdings with a 2.5% weight overlap. Combined, they hold 2322 unique securities.

Which pays a higher dividend, RB or VYM?

RB yields 2.28% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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