TDVI vs VYM
FT Vest Technology Dividend Target Income ETF vs Vanguard High Dividend Yield ETF
Which is better, TDVI or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 50.9%.
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 | TDVI | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $574M | $81.6B |
| Dividend Yield | 7.62% | 2.24% |
| Holdings | 97 | 613 |
| YTD Return | +16.11%Best | +14.33% |
| 1Y Return | +19.95% | +20.01%Best |
| 3Y Return (annualized) | +16.27% | +18.43%Best |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 22.8% | 10.8%Best |
| Max Drawdown | -25.9% | -14.5%Best |
| $10,000 over 3.1 years | $16,012 | $16,417Best |
| Top 10 Weight | 50.9% | 25.9%Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 9, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 10, 2023 to Sep 8, 2026 (3.1 years).
TDVI 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 3.1 years both funds cover.
TDVI vs VYM Performance
FT Vest Technology Dividend Target Income ETF (TDVI) is an ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TDVI returned +19.95% while VYM returned +20.01%. Year to date, TDVI is up 16.11% versus a gain of 14.33% for VYM.
Over three years, TDVI compounded at +16.27% per year against +18.43% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDVI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 10.8% 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 -25.9% for TDVI 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TDVI charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, TDVI currently yields 7.62% against 2.24% for VYM.
Holdings Overlap
55.8% of TDVI's money is in holdings VYM also owns. 18.0% of VYM's money is in holdings TDVI also owns.
The two portfolios partly overlap.
37 positions in common, counted across the 93 positions we hold weights for in TDVI and 602 in VYM, against full books of 97 and 613.
What only one of them owns
Our book lists 534 positions for VYM that do not appear in our book for TDVI (79.3% of the fund), and 40 for TDVI that do not appear in VYM (29.8%).
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 TDVI | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 8.08% | 7.29% | 0.79% |
| IBMIntl Business Machines Corp | 6.83% | 1.10% | 5.73% |
| TXNTexas Instruments, Inc | 6.62% | 1.13% | 5.49% |
| ORCLOracle Corp. | 5.30% | 1.04% | 4.26% |
| CSCOCisco Systems Inc | 2.18% | 1.93% | 0.25% |
| ADIAnalog Devices, Inc. | 2.75% | 0.80% | 1.95% |
| QCOMQualcomm | 2.71% | 0.81% | 1.90% |
| VZVerizon Communications Inc Com Usd1 | 2.10% | 0.74% | 1.36% |
| CMCSACOMCAST CORP CLASS A | 2.15% | 0.36% | 1.79% |
| TMUST-mobile Us, Inc. | 1.99% | 0.34% | 1.65% |
55.8% of TDVI 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, TDVI or VYM?
TDVI has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, TDVI or VYM?
Over the past year TDVI returned +19.95% vs +20.01% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TDVI or VYM?
TDVI has been the more volatile fund at 22.8% annualized versus 10.8% for VYM. Worst drawdown: TDVI -25.9% vs VYM -14.5%.
Should I hold both TDVI and VYM?
TDVI and VYM have a monthly-return correlation of 0.58, 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 TDVI and VYM?
55.8% of TDVI's money is in holdings VYM also owns. 18.0% of VYM's is in holdings TDVI also owns. They hold 37 positions in common, counted across the 93 positions we hold weights for in TDVI and 602 in VYM.
Which pays a higher dividend, TDVI or VYM?
TDVI yields 7.62% while VYM yields 2.24%, so TDVI currently pays the higher dividend yield.
Is VYM better than TDVI?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.