TCPB vs VYM
Thrivent Core Plus Bond ETF vs Vanguard High Dividend Yield ETF
Which is better, TCPB or VYM?
Investment Grade Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y 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 | TCPB | VYM |
|---|---|---|
| Expense Ratio | 0.39% | 0.04%Best |
| AUM | $485M | $81.6B |
| Dividend Yield | 5.22% | 2.22% |
| Holdings | 523 | 613 |
| YTD Return | -1.24% | +12.87%Best |
| 1Y Return | -0.55% | +17.25%Best |
| 3Y Return (annualized) | - | +17.66% |
| 5Y Return (annualized) | - | +11.98% |
| Volatility (annualized) | 3.4%Best | 10.0% |
| Max Drawdown | -3.0%Best | -14.5% |
| $10,000 over 1.6 years | $10,509 | $12,468Best |
| Fund Family | Thrivent Funds | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Value |
| Inception | Feb 19, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 19, 2025 to Sep 15, 2026 (1.6 years).
TCPB 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 1.6 years both funds cover.
TCPB vs VYM Performance
Thrivent Core Plus Bond ETF (TCPB) is an ETF from Thrivent Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TCPB returned -0.55% while VYM returned +17.25%. Year to date, TCPB is down 1.24% versus a gain of 12.87% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.0% compared with 3.4% for TCPB. 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 -3.0% for TCPB and -14.5% 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TCPB charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, TCPB currently yields 5.22% against 2.22% for VYM.
Holdings Overlap
At least 0.4% of VYM's money is in holdings TCPB also owns.
Stated as a floor: for TCPB, our book for it covers 37.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 221 positions we hold weights for in TCPB and 557 in VYM, against full books of 523 and 613.
Top Shared Holdings
| Stock | Weight in TCPB | Weight in VYM | Difference |
|---|---|---|---|
| BKBank Of New York Mellon Corp Preferred Shs Depositoty Receipt Repr 1/100Th Pfd Shs Series M, 5.62%, 06/20/99 | 0.12% | 0.44% | 0.32% |
You are not choosing between two funds in isolation.
Whichever of TCPB 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, TCPB or VYM?
TCPB has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, TCPB or VYM?
Over the past year TCPB returned -0.55% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), TCPB annualized +3.15% vs +14.78% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TCPB or VYM?
VYM has been the more volatile fund at 10.0% annualized versus 3.4% for TCPB. Worst drawdown: TCPB -3.0% vs VYM -14.5%.
Should I hold both TCPB and VYM?
TCPB and VYM have a monthly-return correlation of 0.44, 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, TCPB or VYM?
TCPB yields 5.22% while VYM yields 2.22%, so TCPB currently pays the higher dividend yield.
Is VYM better than TCPB?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.