TDVG vs VYM
T. Rowe Price Dividend Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, TDVG or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.3%.
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 | TDVG | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $1.4B | $81.6B |
| Dividend Yield | 0.96% | 2.22% |
| Holdings | 96 | 613 |
| YTD Return | +8.36% | +11.35%Best |
| 1Y Return | +12.93% | +15.34%Best |
| 3Y Return (annualized) | +14.84% | +17.22%Best |
| 5Y Return (annualized) | +9.71% | +12.30%Best |
| Volatility (annualized) | 13.6%Best | 13.9% |
| Max Drawdown | -19.2% | -15.8%Best |
| $10,000 over 5 years | $15,894 | $17,861Best |
| Top 10 Weight | 30.3% | 26.1%Best |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | 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 18, 2026 (6.1 years).
TDVG 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.
TDVG vs VYM Performance
T. Rowe Price Dividend Growth ETF (TDVG) is an ETF from T.Rowe Price and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TDVG returned +12.93% while VYM returned +15.34%. Year to date, TDVG is up 8.36% versus a gain of 11.35% for VYM.
Over three years, TDVG compounded at +14.84% per year against +17.22% for VYM; over five years the annualized figures are +9.71% and +12.30% respectively. Across the full 6-year window we track, VYM has the edge at +14.37% annualized vs +12.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.9% compared with 13.6% for TDVG. 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 -19.2% for TDVG 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
TDVG charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, TDVG currently yields 0.96% against 2.22% for VYM.
Holdings Overlap
52.1% of TDVG's money is in holdings VYM also owns. 46.3% of VYM's money is in holdings TDVG also owns.
The two portfolios partly overlap.
54 positions in common, counted across the 93 positions we hold weights for in TDVG and 557 in VYM, against full books of 96 and 613.
What only one of them owns
Our book lists 474 positions for VYM that do not appear in our book for TDVG (50.8% of the fund), and 36 for TDVG that do not appear in VYM (43.8%).
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 TDVG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 3.75% | 7.35% | 3.60% |
| JPMJpmorgan Chase | 3.28% | 3.82% | 0.54% |
| XOMExxon Mobil Corp. | 1.82% | 2.63% | 0.81% |
| BACBank of America Corp.: Financials | 2.05% | 1.66% | 0.39% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.47% | 1.86% | 0.39% |
| UNHUnitedhealth Group Incorporated | 1.71% | 1.52% | 0.19% |
| JNJJohnson & Johnson - Common | 0.71% | 2.51% | 1.80% |
| ABBVAbbvie Inc. | 1.33% | 1.80% | 0.47% |
| KOCoca Cola Co. | 1.53% | 1.38% | 0.15% |
| MSMorgan Stanley | 1.63% | 0.96% | 0.67% |
52.1% of TDVG 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, TDVG or VYM?
TDVG has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, TDVG or VYM?
Over the past year TDVG returned +12.93% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), TDVG annualized +12.51% vs +14.37% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TDVG or VYM?
VYM has been the more volatile fund at 13.9% annualized versus 13.6% for TDVG. Worst drawdown: TDVG -19.2% vs VYM -15.8%.
Should I hold both TDVG and VYM?
TDVG and VYM have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between TDVG and VYM?
52.1% of TDVG's money is in holdings VYM also owns. 46.3% of VYM's is in holdings TDVG also owns. They hold 54 positions in common, counted across the 93 positions we hold weights for in TDVG and 557 in VYM.
Which pays a higher dividend, TDVG or VYM?
TDVG yields 0.96% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TDVG?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.