RJMG vs VYM
FT Raymond James Multicap Growth Equity 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 | RJMG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.04% | |
| AUM | $11M | $81.6B | |
| Dividend Yield | 0.00% | 2.24% | |
| Holdings | 41 | 616 | |
| YTD Return | +1.42% | +15.34% | |
| 1Y Return | +15.82% | +23.24% | |
| 3Y Return (annualized) | - | +19.22% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 14.8% | 14.6% | |
| Max Drawdown | -25.4% | -58.8% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 12, 2024 | Nov 10, 2006 |
RJMG vs VYM Performance
FT Raymond James Multicap Growth Equity ETF (RJMG) 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 RJMG returned +15.82% while VYM returned +23.24%. Year to date, RJMG is up 1.42% versus a gain of 15.34% for VYM.
Risk: Volatility and Drawdowns
RJMG has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 14.6% 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 -25.4% for RJMG 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RJMG charges 0.85% per year while VYM charges 0.04%. On a $10,000 position that is $85 vs $4 annually, a gap of $81 per year that compounds over a long holding period. On income, RJMG currently yields 0.00% against 2.24% for VYM.
Holdings Overlap
RJMG and VYM share 7 holdings out of 636 unique holdings combined, representing a 2.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RJMG or VYM?
RJMG has an expense ratio of 0.85% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, RJMG or VYM?
Over the past year RJMG returned +15.82% vs +23.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), RJMG annualized +17.17% vs +7.04% for VYM. Past performance does not guarantee future results.
Which is riskier, RJMG or VYM?
RJMG has been the more volatile fund at 14.8% annualized versus 14.6% for VYM. Worst drawdown: RJMG -25.4% vs VYM -58.8%.
Should I hold both RJMG and VYM?
RJMG and VYM have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RJMG and VYM?
RJMG and VYM share 7 common holdings with a 2.9% weight overlap. Combined, they hold 636 unique securities.
Which pays a higher dividend, RJMG or VYM?
RJMG yields 0.00% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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