SSPX 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

MetricSSPXVYMWinner
Expense Ratio0.55%0.04%
AUM$10M$79.0B
Dividend Yield0.30%2.86%
Holdings43568
YTD Return+18.25%+16.53%
1Y Return+13.72%+25.03%
3Y Return (annualized)+21.18%+18.54%
5Y Return (annualized)-+12.25%
Volatility (annualized)18.9%14.6%
Max Drawdown-34.0%-58.8%
Fund FamilyJanus Henderson InvestorsVanguard (US)
CategoryEquityEquity
InceptionSep 8, 2021Nov 10, 2006

SSPX vs VYM Performance

Janus Henderson US Sustainable Equity ETF (SSPX) is a ETF from Janus Henderson Investors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year SSPX returned +13.72% while VYM returned +25.03%. Year to date, SSPX is up 18.25% versus a gain of 16.53% for VYM.

Over three years, SSPX compounded at +21.18% per year against +18.54% for VYM. Across the full 4-year window we track, VYM has the edge at +7.10% annualized vs +6.29%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SSPX has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 14.6% 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 -34.0% for SSPX 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

SSPX charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, SSPX currently yields 0.30% against 2.86% for VYM.

Frequently Asked Questions

Which is cheaper, SSPX or VYM?

SSPX has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

Which performed better, SSPX or VYM?

Over the past year SSPX returned +13.72% vs +25.03% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), SSPX annualized +6.29% vs +7.10% for VYM. Past performance does not guarantee future results.

Which is riskier, SSPX or VYM?

SSPX has been the more volatile fund at 18.9% annualized versus 14.6% for VYM. Worst drawdown: SSPX -34.0% vs VYM -58.8%.

Should I hold both SSPX and VYM?

SSPX 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, SSPX or VYM?

SSPX yields 0.30% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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