RNWZ vs VYM
TrueShares Eagle Global Renewable Energy Income 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 | RNWZ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.04% | |
| AUM | $6M | $81.6B | |
| Dividend Yield | 1.24% | 2.24% | |
| Holdings | 24 | 616 | |
| YTD Return | +15.60% | +16.42% | |
| 1Y Return | +7.55% | +24.22% | |
| 3Y Return (annualized) | - | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 19.9% | 14.6% | |
| Max Drawdown | -24.9% | -58.8% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2022 | Nov 10, 2006 |
RNWZ vs VYM Performance
TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is a ETF from TrueShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year RNWZ returned +7.55% while VYM returned +24.22%. Year to date, RNWZ is up 15.60% versus a gain of 16.42% for VYM.
Risk: Volatility and Drawdowns
RNWZ has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -24.9% for RNWZ 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RNWZ charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, RNWZ currently yields 1.24% against 2.24% for VYM.
Holdings Overlap
RNWZ and VYM share 8 holdings out of 619 unique holdings combined, representing a 1.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RNWZ or VYM?
RNWZ has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, RNWZ or VYM?
Over the past year RNWZ returned +7.55% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), RNWZ annualized +1.43% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, RNWZ or VYM?
RNWZ has been the more volatile fund at 19.9% annualized versus 14.6% for VYM. Worst drawdown: RNWZ -24.9% vs VYM -58.8%.
Should I hold both RNWZ and VYM?
RNWZ and VYM have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RNWZ and VYM?
RNWZ and VYM share 8 common holdings with a 1.7% weight overlap. Combined, they hold 619 unique securities.
Which pays a higher dividend, RNWZ or VYM?
RNWZ yields 1.24% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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