TDV vs VYM
ProShares S&P Technology Dividend Aristocrats ETF vs Vanguard High Dividend Yield ETF
Which is better, TDV or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. TDV led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.2%.
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 | TDV | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $274M | $81.6B |
| Dividend Yield | 1.03% | 2.22% |
| Holdings | 38 | 613 |
| YTD Return | +15.84%Best | +10.96% |
| 1Y Return | +14.75% | +15.42%Best |
| 3Y Return (annualized) | +18.14%Best | +17.78% |
| 5Y Return (annualized) | +11.88% | +12.05%Best |
| Volatility (annualized) | 19.0% | 15.6%Best |
| Max Drawdown | -32.8%Best | -35.7% |
| $10,000 over 5 years | $17,529 | $17,663Best |
| Top 10 Weight | 32.2% | 26.1%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 5, 2019 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Sep 22, 2026 (6.9 years).
TDV 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 6.9 years both funds cover.
TDV vs VYM Performance
ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TDV returned +14.75% while VYM returned +15.42%. Year to date, TDV is up 15.84% versus a gain of 10.96% for VYM.
Over three years, TDV compounded at +18.14% per year against +17.78% for VYM; over five years the annualized figures are +11.88% and +12.05% respectively. Across the full 7-year window we track, TDV has the edge at +15.63% annualized vs +10.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDV has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 15.6% 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 -32.8% for TDV and -35.7% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TDV charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, TDV currently yields 1.03% against 2.22% for VYM.
Holdings Overlap
51.9% of TDV's money is in holdings VYM also owns. 14.6% of VYM's money is in holdings TDV also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 37 positions we hold weights for in TDV and 557 in VYM, against full books of 38 and 613.
What only one of them owns
Our book lists 510 positions for VYM that do not appear in our book for TDV (82.9% of the fund), and 18 for TDV that do not appear in VYM (47.9%).
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 TDV | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.39% | 7.35% | 4.96% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.52% | 1.86% | 0.66% |
| ORCLOracle Corp - Common | 3.03% | 0.90% | 2.13% |
| ACN:IEAccenture plc, Class A | 3.46% | 0.41% | 3.05% |
| IBMInternational Business Machines Corp. | 2.91% | 0.85% | 2.06% |
| BRBroadridge Financial Solutions, Inc. | 3.23% | 0.07% | 3.16% |
| TXNTexas Instrument Inc | 2.27% | 1.02% | 1.25% |
| DLBDOLBY LABORATORIES INC-CL A | 3.20% | 0.01% | 3.19% |
| SSNCSs&C Technologies Holdings Inc. | 3.15% | 0.06% | 3.09% |
| HPQHp Inc. | 3.06% | 0.10% | 2.96% |
51.9% of TDV is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TDV or VYM?
TDV has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, TDV or VYM?
Over the past year TDV returned +14.75% vs +15.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), TDV annualized +15.63% vs +10.92% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TDV or VYM?
TDV has been the more volatile fund at 19.0% annualized versus 15.6% for VYM. Worst drawdown: TDV -32.8% vs VYM -35.7%.
Should I hold both TDV and VYM?
TDV and VYM have a monthly-return correlation of 0.82, 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 TDV and VYM?
51.9% of TDV's money is in holdings VYM also owns. 14.6% of VYM's is in holdings TDV also owns. They hold 19 positions in common, counted across the 37 positions we hold weights for in TDV and 557 in VYM.
Which pays a higher dividend, TDV or VYM?
TDV yields 1.03% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TDV?
VYM has a lower expense ratio. TDV led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 32.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.