RMNY vs VYM
Rockefeller New York Municipal Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, RMNY or VYM?
Municipal New York against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | RMNY | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $29M | $81.6B |
| Dividend Yield | 4.77% | 2.22% |
| Holdings | 93 | 613 |
| YTD Return | -0.65% | +11.35%Best |
| 1Y Return | +0.71% | +15.34%Best |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 4.7%Best | 10.5% |
| Max Drawdown | -5.9%Best | -14.5% |
| $10,000 over 2.1 years | $10,241 | $13,851Best |
| Fund Family | Rockefeller Capital Management | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal New York | Large Cap Value |
| Inception | Aug 12, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 13, 2024 to Sep 18, 2026 (2.1 years).
RMNY 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 2.1 years both funds cover.
RMNY vs VYM Performance
Rockefeller New York Municipal Bond ETF (RMNY) is an ETF from Rockefeller Capital Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year RMNY returned +0.71% while VYM returned +15.34%. Year to date, RMNY is down 0.65% versus a gain of 11.35% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.5% compared with 4.7% for RMNY. 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 -5.9% for RMNY and -14.5% 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RMNY charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, RMNY currently yields 4.77% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 30 holdings in RMNY and 557 in VYM, totalling 36.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in RMNY and 557 in VYM, against full books of 93 and 613.
You are not choosing between two funds in isolation.
Whichever of RMNY 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, RMNY or VYM?
RMNY has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, RMNY or VYM?
Over the past year RMNY returned +0.71% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), RMNY annualized +1.14% vs +16.78% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RMNY or VYM?
VYM has been the more volatile fund at 10.5% annualized versus 4.7% for RMNY. Worst drawdown: RMNY -5.9% vs VYM -14.5%.
Should I hold both RMNY and VYM?
RMNY and VYM have a monthly-return correlation of 0.57, 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, RMNY or VYM?
RMNY yields 4.77% while VYM yields 2.22%, so RMNY currently pays the higher dividend yield.
Is VYM better than RMNY?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.