SPYC vs VYM
Simplify US Equity PLUS Convexity ETF vs Vanguard High Dividend Yield ETF
Which is better, SPYC or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. SPYC led over 3Y, VYM over 1Y, 5Y and the full window.
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 | SPYC | VYM |
|---|---|---|
| Expense Ratio | 0.53% | 0.04%Best |
| AUM | $115M | $81.6B |
| Dividend Yield | 0.86% | 2.22% |
| Holdings | 24 | 613 |
| YTD Return | +8.58% | +10.23%Best |
| 1Y Return | +8.91% | +14.28%Best |
| 3Y Return (annualized) | +19.24%Best | +17.50% |
| 5Y Return (annualized) | +8.97% | +11.60%Best |
| Volatility (annualized) | 16.5% | 14.0%Best |
| Max Drawdown | -28.5% | -15.8%Best |
| $10,000 over 5 years | $15,365 | $17,311Best |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 3, 2020 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 4, 2020 to Sep 23, 2026 (6.1 years).
SPYC 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 6.1 years both funds cover.
SPYC vs VYM Performance
Simplify US Equity PLUS Convexity ETF (SPYC) is an ETF from Simplify Exchange Traded Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year SPYC returned +8.91% while VYM returned +14.28%. Year to date, SPYC is up 8.58% versus a gain of 10.23% for VYM.
Over three years, SPYC compounded at +19.24% per year against +17.50% for VYM; over five years the annualized figures are +8.97% and +11.60% respectively. Across the full 6-year window we track, VYM has the edge at +14.00% annualized vs +12.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYC has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.0% 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 -28.5% for SPYC and -15.8% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPYC charges 0.53% per year while VYM charges 0.04%. On a $10,000 position that is $53 vs $4 annually, a gap of $49 per year that compounds over a long holding period. On income, SPYC currently yields 0.86% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in SPYC and 557 in VYM, totalling 0.0% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in SPYC and 557 in VYM, against full books of 24 and 613.
You are not choosing between two funds in isolation.
Whichever of SPYC and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPYC or VYM?
SPYC has an expense ratio of 0.53% while VYM charges 0.04%. VYM is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, SPYC or VYM?
Over the past year SPYC returned +8.91% vs +14.28% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), SPYC annualized +12.10% vs +14.00% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPYC or VYM?
SPYC has been the more volatile fund at 16.5% annualized versus 14.0% for VYM. Worst drawdown: SPYC -28.5% vs VYM -15.8%.
Should I hold both SPYC and VYM?
SPYC and VYM have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPYC or VYM?
SPYC yields 0.86% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than SPYC?
VYM has a lower expense ratio. SPYC led over 3Y, VYM over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.