SCLZ vs VYM
Swan Enhanced Dividend 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 558 holdings.
Side-by-Side Comparison
| Metric | SCLZ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.04% | |
| AUM | $19M | $79.0B | |
| Dividend Yield | 8.01% | 2.86% | |
| Holdings | 90 | 568 | |
| YTD Return | +4.17% | +16.10% | |
| 1Y Return | +10.10% | +25.99% | |
| 3Y Return (annualized) | - | +18.29% | |
| 5Y Return (annualized) | - | +12.35% | |
| Volatility (annualized) | 7.9% | 14.6% | |
| Max Drawdown | -12.6% | -58.8% | |
| Fund Family | Swan Capital Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 26, 2024 | Nov 10, 2006 |
SCLZ vs VYM Performance
Swan Enhanced Dividend Income ETF (SCLZ) is a ETF from Swan Capital Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year SCLZ returned +10.10% while VYM returned +25.99%. Year to date, SCLZ is up 4.17% versus a gain of 16.10% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 7.9% for SCLZ. 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 -12.6% for SCLZ 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCLZ charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, SCLZ currently yields 8.01% against 2.86% for VYM.
Holdings Overlap
SCLZ and VYM share 24 holdings out of 592 unique holdings combined, representing a 30.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCLZ or VYM?
SCLZ has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $75 per year of difference.
Which performed better, SCLZ or VYM?
Over the past year SCLZ returned +10.10% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), SCLZ annualized +9.25% vs +7.08% for VYM. Past performance does not guarantee future results.
Which is riskier, SCLZ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 7.9% for SCLZ. Worst drawdown: SCLZ -12.6% vs VYM -58.8%.
Should I hold both SCLZ and VYM?
SCLZ and VYM have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCLZ and VYM?
SCLZ and VYM share 24 common holdings with a 30.1% weight overlap. Combined, they hold 592 unique securities.
Which pays a higher dividend, SCLZ or VYM?
SCLZ yields 8.01% while VYM yields 2.86%, so SCLZ currently pays the higher dividend yield.
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