SBIL vs VYM
Simplify Government Money Market 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 558 holdings.
Side-by-Side Comparison
| Metric | SBIL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.04% | |
| AUM | $5.0B | $79.0B | |
| Dividend Yield | 3.56% | 2.86% | |
| Holdings | 115 | 568 | |
| YTD Return | +2.10% | +15.80% | |
| 1Y Return | +3.78% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 0.3% | 14.6% | |
| Max Drawdown | -0.0% | -58.8% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Money Market | Equity | |
| Inception | Jul 14, 2025 | Nov 10, 2006 |
SBIL vs VYM Performance
Simplify Government Money Market ETF (SBIL) is a ETF from Simplify Exchange Traded Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year SBIL returned +3.78% while VYM returned +26.12%. Year to date, SBIL is up 2.10% 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 0.3% for SBIL. 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 -0.0% for SBIL 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 0.10. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SBIL charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, SBIL currently yields 3.56% against 2.86% for VYM.
Holdings Overlap
SBIL and VYM share 0 holdings out of 573 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, SBIL or VYM?
SBIL has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, SBIL or VYM?
Over the past year SBIL returned +3.78% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), SBIL annualized +3.82% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, SBIL or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 0.3% for SBIL. Worst drawdown: SBIL -0.0% vs VYM -58.8%.
Should I hold both SBIL and VYM?
SBIL and VYM have a monthly-return correlation of 0.10, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SBIL and VYM?
SBIL and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 573 unique securities.
Which pays a higher dividend, SBIL or VYM?
SBIL yields 3.56% while VYM yields 2.86%, so SBIL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.