SIXO vs VYM

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

MetricSIXOVYMWinner
Expense Ratio0.74%0.04%
AUM$122M$79.0B
Dividend Yield0.00%2.86%
Holdings5568
YTD Return+4.51%+16.10%
1Y Return+8.34%+25.99%
3Y Return (annualized)+9.33%+18.29%
5Y Return (annualized)-+12.35%
Volatility (annualized)8.6%14.6%
Max Drawdown-12.0%-58.8%
Fund FamilyAllianzIMVanguard (US)
CategoryAlternativeEquity
InceptionSep 30, 2021Nov 10, 2006

SIXO vs VYM Performance

AllianzIM US Equity 6 Month Buffer10 Apr/Oct ETF (SIXO) is a ETF from AllianzIM and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year SIXO returned +8.34% while VYM returned +25.99%. Year to date, SIXO is up 4.51% versus a gain of 16.10% for VYM.

Over three years, SIXO compounded at +9.33% per year against +18.29% for VYM. Across the full 5-year window we track, SIXO has the edge at +7.86% annualized vs +7.08%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 8.6% for SIXO. 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 -12.0% for SIXO 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 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SIXO charges 0.74% per year while VYM charges 0.04%. On a $10,000 position that is $74 vs $4 annually, a gap of $70 per year that compounds over a long holding period. On income, SIXO currently yields 0.00% against 2.86% for VYM.

Frequently Asked Questions

Which is cheaper, SIXO or VYM?

SIXO has an expense ratio of 0.74% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which performed better, SIXO or VYM?

Over the past year SIXO returned +8.34% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), SIXO annualized +7.86% vs +7.08% for VYM. Past performance does not guarantee future results.

Which is riskier, SIXO or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 8.6% for SIXO. Worst drawdown: SIXO -12.0% vs VYM -58.8%.

Should I hold both SIXO and VYM?

SIXO and VYM have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SIXO or VYM?

SIXO yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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