Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricRMOPVYMWinner
Expense Ratio0.80%0.04%
AUM$437M$79.0B
Dividend Yield5.61%2.86%
Holdings271568
YTD Return+3.62%+15.80%
1Y Return+9.60%+26.12%
3Y Return (annualized)-+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)5.5%14.6%
Max Drawdown-6.8%-58.8%
Fund FamilyRockefeller Capital ManagementVanguard (US)
CategoryTax PreferredEquity
InceptionAug 12, 2024Nov 10, 2006

RMOP vs VYM Performance

Rockefeller Opportunistic Municipal Bond ETF (RMOP) is a ETF from Rockefeller Capital Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year RMOP returned +9.60% while VYM returned +26.12%. Year to date, RMOP is up 3.62% 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 5.5% for RMOP. 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 -6.8% for RMOP 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

RMOP charges 0.80% per year while VYM charges 0.04%. On a $10,000 position that is $80 vs $4 annually, a gap of $76 per year that compounds over a long holding period. On income, RMOP currently yields 5.61% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

RMOP and VYM share 0 holdings out of 621 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, RMOP or VYM?

RMOP has an expense ratio of 0.80% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, RMOP or VYM?

Over the past year RMOP returned +9.60% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), RMOP annualized +5.03% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, RMOP or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 5.5% for RMOP. Worst drawdown: RMOP -6.8% vs VYM -58.8%.

Should I hold both RMOP and VYM?

RMOP and VYM have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RMOP and VYM?

RMOP and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 621 unique securities.

Which pays a higher dividend, RMOP or VYM?

RMOP yields 5.61% while VYM yields 2.86%, so RMOP currently pays the higher dividend yield.

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