TGRW vs VYM
T. Rowe Price Growth Stock ETF vs Vanguard High Dividend Yield ETF
Which is better, TGRW or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. TGRW 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 60.2%.
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 | TGRW | VYM |
|---|---|---|
| Expense Ratio | 0.52% | 0.04%Best |
| AUM | $1.0B | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 69 | 613 |
| YTD Return | +5.87% | +9.71%Best |
| 1Y Return | +7.20% | +13.77%Best |
| 3Y Return (annualized) | +21.31%Best | +17.30% |
| 5Y Return (annualized) | +7.55% | +11.45%Best |
| Volatility (annualized) | 20.0% | 14.0%Best |
| Max Drawdown | -43.3% | -15.8%Best |
| $10,000 over 5 years | $14,390 | $17,195Best |
| Top 10 Weight | 60.2% | 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 24, 2026 (6.1 years).
TGRW 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.
TGRW vs VYM Performance
T. Rowe Price Growth Stock ETF (TGRW) is an ETF from T.Rowe Price and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TGRW returned +7.20% while VYM returned +13.77%. Year to date, TGRW is up 5.87% versus a gain of 9.71% for VYM.
Over three years, TGRW compounded at +21.31% per year against +17.30% for VYM; over five years the annualized figures are +7.55% and +11.45% respectively. Across the full 6-year window we track, VYM has the edge at +14.05% annualized vs +11.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TGRW has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 14.0% 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 -43.3% for TGRW 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TGRW charges 0.52% per year while VYM charges 0.04%. On a $10,000 position that is $52 vs $4 annually, a gap of $48 per year that compounds over a long holding period. On income, TGRW currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
9.8% of TGRW's money is in holdings VYM also owns. 14.0% of VYM's money is in holdings TGRW also owns.
VYM and TGRW share little of their money.
8 positions in common, counted across the 70 positions we hold weights for in TGRW and 557 in VYM, against full books of 69 and 613.
What only one of them owns
Our book lists 520 positions for VYM that do not appear in our book for TGRW (83.1% of the fund), and 55 for TGRW that do not appear in VYM (82.8%).
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 TGRW | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 6.24% | 7.35% | 1.11% |
| CATCaterpillar, Inc. | 1.07% | 1.50% | 0.43% |
| UNHUnitedhealth Group Incorporated | 0.40% | 1.52% | 1.12% |
| MSMorgan Stanley | 0.57% | 0.96% | 0.39% |
| LINLinde Plc Ordinary Shares | 0.54% | 0.90% | 0.36% |
| ORCLOracle Corp - Common | 0.39% | 0.90% | 0.51% |
| CBChubb Ltd. | 0.41% | 0.50% | 0.09% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 0.20% | 0.37% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of TGRW 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, TGRW or VYM?
TGRW has an expense ratio of 0.52% while VYM charges 0.04%. VYM is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, TGRW or VYM?
Over the past year TGRW returned +7.20% vs +13.77% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (6 years), TGRW annualized +11.34% vs +14.05% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TGRW or VYM?
TGRW has been the more volatile fund at 20.0% annualized versus 14.0% for VYM. Worst drawdown: TGRW -43.3% vs VYM -15.8%.
Should I hold both TGRW and VYM?
TGRW and VYM have a monthly-return correlation of 0.57, 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 TGRW and VYM?
14.0% of VYM's money is in holdings TGRW also owns. 14.0% of VYM's is in holdings TGRW also owns. They hold 8 positions in common, counted across the 70 positions we hold weights for in TGRW and 557 in VYM.
Which pays a higher dividend, TGRW or VYM?
TGRW yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TGRW?
VYM has a lower expense ratio. TGRW 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 60.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.