TJAN vs VYM
Innovator Equity Defined Protection ETF - 2 Yr to January 2027 vs Vanguard High Dividend Yield ETF
Which is better, TJAN or VYM?
Option Writing 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 | TJAN | VYM |
|---|---|---|
| Expense Ratio | 0.79% | 0.04%Best |
| AUM | $32M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 10 | 613 |
| YTD Return | +4.57% | +11.35%Best |
| 1Y Return | +5.97% | +15.34%Best |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 3.3%Best | 10.0% |
| Max Drawdown | -4.8%Best | -14.5% |
| $10,000 over 1.7 years | $11,226 | $12,951Best |
| Fund Family | Innovator ETFs Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Dec 31, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 2, 2025 to Sep 18, 2026 (1.7 years).
TJAN 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 1.7 years both funds cover.
TJAN vs VYM Performance
Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) is an ETF from Innovator ETFs Trust and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TJAN returned +5.97% while VYM returned +15.34%. Year to date, TJAN is up 4.57% versus a gain of 11.35% 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 3.3% for TJAN. 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 -4.8% for TJAN 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TJAN charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, TJAN currently yields 0.00% against 2.22% for VYM.
You are not choosing between two funds in isolation.
Whichever of TJAN 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, TJAN or VYM?
TJAN has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, TJAN or VYM?
Over the past year TJAN returned +5.97% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), TJAN annualized +7.04% vs +16.43% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TJAN or VYM?
VYM has been the more volatile fund at 10.0% annualized versus 3.3% for TJAN. Worst drawdown: TJAN -4.8% vs VYM -14.5%.
Should I hold both TJAN and VYM?
TJAN and VYM have a monthly-return correlation of 0.68, 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, TJAN or VYM?
TJAN yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TJAN?
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.