SHRY vs VYM
First Trust Bloomberg Shareholder Yield ETF vs Vanguard High Dividend Yield ETF
Which is better, SHRY or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. SHRY led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.5%.
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 | SHRY | VYM |
|---|---|---|
| Expense Ratio | 0.60% | 0.04%Best |
| AUM | $17M | $81.6B |
| Dividend Yield | 1.62% | 2.24% |
| Holdings | 102 | 613 |
| YTD Return | +14.18% | +14.82%Best |
| 1Y Return | +14.06% | +20.84%Best |
| 3Y Return (annualized) | +15.59% | +18.64%Best |
| 5Y Return (annualized) | +9.25% | +12.28%Best |
| Volatility (annualized) | 16.9% | 14.7%Best |
| Max Drawdown | -36.7% | -35.7%Best |
| $10,000 over 5 years | $15,563 | $17,845Best |
| Top 10 Weight | 41.5% | 25.9%Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jun 20, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2017 to Sep 4, 2026 (9.2 years).
SHRY 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 9.2 years both funds cover.
SHRY vs VYM Performance
First Trust Bloomberg Shareholder Yield ETF (SHRY) is an ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year SHRY returned +14.06% while VYM returned +20.84%. Year to date, SHRY is up 14.18% versus a gain of 14.82% for VYM.
Over three years, SHRY compounded at +15.59% per year against +18.64% for VYM; over five years the annualized figures are +9.25% and +12.28% respectively. Across the full 9-year window we track, SHRY has the edge at +11.00% annualized vs +10.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHRY has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.7% 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 -36.7% for SHRY and -35.7% 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SHRY charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, SHRY currently yields 1.62% against 2.24% for VYM.
Holdings Overlap
71.9% of SHRY's money is in holdings VYM also owns. 14.8% of VYM's money is in holdings SHRY also owns.
Most of SHRY is already inside VYM. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 50 positions we hold weights for in SHRY and 603 in VYM, against full books of 102 and 613.
What only one of them owns
Our book lists 537 positions for VYM that do not appear in our book for SHRY (82.6% of the fund), and 16 for SHRY that do not appear in VYM (26.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SHRY | Weight in VYM | Difference |
|---|---|---|---|
| HPQHp Inc. | 5.93% | 0.08% | 5.85% |
| OMCOmnicom Group Inc. | 5.12% | 0.09% | 5.03% |
| CMCSAComcast Corp-class A Cmcsa | 4.60% | 0.36% | 4.24% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 3.80% | 0.34% | 3.46% |
| AMPAmeriprise Financial Inc | 3.65% | 0.17% | 3.48% |
| STZConstellation Brands Inc Common Stock Usd 0.01 | 3.55% | 0.08% | 3.47% |
| MOAltria Group Inc | 2.76% | 0.50% | 2.26% |
| METMetlife Inc. | 2.93% | 0.19% | 2.74% |
| SLBSchlumberger Nv. | 2.78% | 0.29% | 2.49% |
| ADPAutomatic Data Processing, Inc. | 2.47% | 0.37% | 2.10% |
71.9% of SHRY is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SHRY or VYM?
SHRY has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, SHRY or VYM?
Over the past year SHRY returned +14.06% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), SHRY annualized +11.00% vs +10.17% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SHRY or VYM?
SHRY has been the more volatile fund at 16.9% annualized versus 14.7% for VYM. Worst drawdown: SHRY -36.7% vs VYM -35.7%.
Should I hold both SHRY and VYM?
SHRY and VYM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SHRY and VYM?
71.9% of SHRY's money is in holdings VYM also owns. 14.8% of VYM's is in holdings SHRY also owns. They hold 33 positions in common, counted across the 50 positions we hold weights for in SHRY and 603 in VYM.
Which pays a higher dividend, SHRY or VYM?
SHRY yields 1.62% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than SHRY?
VYM has a lower expense ratio. SHRY led over the full window, VYM over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.93. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.