TCHP vs VYM
T. Rowe Price Blue Chip Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, TCHP or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. TCHP led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 56.7%.
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 | TCHP | VYM |
|---|---|---|
| Expense Ratio | 0.57% | 0.04%Best |
| AUM | $2.1B | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 65 | 613 |
| YTD Return | +1.33% | +12.29%Best |
| 1Y Return | +3.93% | +16.61%Best |
| 3Y Return (annualized) | +21.27%Best | +17.42% |
| 5Y Return (annualized) | +8.48% | +12.12%Best |
| Volatility (annualized) | 19.8% | 13.9%Best |
| Max Drawdown | -42.3% | -15.8%Best |
| $10,000 over 5 years | $15,023 | $17,718Best |
| Top 10 Weight | 56.7% | 26.1%Best |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Aug 4, 2020 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2020 to Sep 17, 2026 (6.1 years).
TCHP 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.
TCHP vs VYM Performance
T. Rowe Price Blue Chip Growth ETF (TCHP) is an ETF from T.Rowe Price and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TCHP returned +3.93% while VYM returned +16.61%. Year to date, TCHP is up 1.33% versus a gain of 12.29% for VYM.
Over three years, TCHP compounded at +21.27% per year against +17.42% for VYM; over five years the annualized figures are +8.48% and +12.12% respectively. Across the full 6-year window we track, VYM has the edge at +14.53% annualized vs +11.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TCHP has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 13.9% 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 -42.3% for TCHP 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 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TCHP charges 0.57% per year while VYM charges 0.04%. On a $10,000 position that is $57 vs $4 annually, a gap of $53 per year that compounds over a long holding period. On income, TCHP currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
12.6% of TCHP's money is in holdings VYM also owns. 18.7% of VYM's money is in holdings TCHP also owns.
VYM and TCHP share little of their money.
15 positions in common, counted across the 65 positions we hold weights for in TCHP and 557 in VYM, against full books of 65 and 613.
What only one of them owns
Our book lists 513 positions for VYM that do not appear in our book for TCHP (78.4% of the fund), and 46 for TCHP that do not appear in VYM (83.2%).
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 TCHP | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.96% | 7.35% | 1.39% |
| CATCaterpillar, Inc. | 0.84% | 1.50% | 0.66% |
| UNHUnitedhealth Group Incorporated | 0.58% | 1.52% | 0.94% |
| TXNTexas Instrument Inc | 0.85% | 1.02% | 0.17% |
| ORCLOracle Corp - Common | 0.78% | 0.90% | 0.12% |
| GSGoldman Sachs Group Inc/The | 0.37% | 1.13% | 0.76% |
| CBChubb Ltd. | 0.98% | 0.50% | 0.48% |
| MSMorgan Stanley | 0.52% | 0.96% | 0.44% |
| PGProcter & Gamble Company | 0.01% | 1.37% | 1.36% |
| LINLinde Plc Ordinary Shares | 0.35% | 0.90% | 0.55% |
You are not choosing between two funds in isolation.
Whichever of TCHP 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, TCHP or VYM?
TCHP has an expense ratio of 0.57% while VYM charges 0.04%. VYM is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, TCHP or VYM?
Over the past year TCHP returned +3.93% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), TCHP annualized +11.93% vs +14.53% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TCHP or VYM?
TCHP has been the more volatile fund at 19.8% annualized versus 13.9% for VYM. Worst drawdown: TCHP -42.3% vs VYM -15.8%.
Should I hold both TCHP and VYM?
TCHP and VYM have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TCHP and VYM?
18.7% of VYM's money is in holdings TCHP also owns. 18.7% of VYM's is in holdings TCHP also owns. They hold 15 positions in common, counted across the 65 positions we hold weights for in TCHP and 557 in VYM.
Which pays a higher dividend, TCHP or VYM?
TCHP yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TCHP?
VYM has a lower expense ratio. TCHP led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 56.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.