TMDV vs VYM
ProShares Russell US Dividend Growers ETF vs Vanguard High Dividend Yield ETF
Which is better, TMDV or VYM?
Mid Cap Value 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 0.93. TMDV is less concentrated, with 18.0% of the fund in its ten largest positions against 26.1%.
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 | TMDV | VYM |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $4M | $83.1B |
| Dividend Yield | 2.46% | 2.22% |
| Holdings | 66 | 608 |
| YTD Return | +5.79% | +10.00%Best |
| 1Y Return | +4.99% | +13.75%Best |
| 3Y Return (annualized) | +7.37% | +18.81%Best |
| 5Y Return (annualized) | +3.55% | +11.63%Best |
| Volatility (annualized) | 16.3% | 15.6%Best |
| Max Drawdown | -33.4%Best | -35.7% |
| $10,000 over 5 years | $11,906 | $17,334Best |
| Top 10 Weight | 18.0%Best | 26.1% |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | 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 Oct 2, 2026 (6.9 years).
TMDV 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.
TMDV vs VYM Performance
ProShares Russell US Dividend Growers ETF (TMDV) is an ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TMDV returned +4.99% while VYM returned +13.75%. Year to date, TMDV is up 5.79% versus a gain of 10.00% for VYM.
Over three years, TMDV compounded at +7.37% per year against +18.81% for VYM; over five years the annualized figures are +3.55% and +11.63% respectively. Across the full 7-year window we track, VYM has the edge at +10.74% annualized vs +5.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMDV has been the more volatile fund, with annualized monthly volatility of 16.3% 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 -33.4% for TMDV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
TMDV charges 0.35% per year while VYM charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, TMDV currently yields 2.46% against 2.22% for VYM.
Holdings Overlap
72.4% of TMDV's money is in holdings VYM also owns. 14.2% of VYM's money is in holdings TMDV also owns.
Most of TMDV is already inside VYM. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 65 positions we hold weights for in TMDV and 557 in VYM, against full books of 66 and 608.
What only one of them owns
Measured across the 65 and 557 positions we hold weights for.
VYM holds 482 positions TMDV does not, 82.9% of the fund.
Largest: AVGO 7.35%, JPM 3.82%, XOM 2.63%, CSCO 1.86%, ABBV 1.80%
Top Shared Holdings
| Stock | Weight in TMDV | Weight in VYM | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 1.70% | 2.51% | 0.81% |
| CVXChevron Corp | 1.74% | 1.48% | 0.26% |
| KOCoca Cola Co. | 1.64% | 1.38% | 0.26% |
| PGProcter & Gamble Company | 1.50% | 1.37% | 0.13% |
| ABTAbbott Laboratories | 1.75% | 0.74% | 1.01% |
| ADPAutomatic Data Processing, Inc. | 1.86% | 0.43% | 1.43% |
| MDTMedtronic Plc Ordinary Shares | 1.78% | 0.44% | 1.34% |
| PEPPepsico Inc. | 1.44% | 0.77% | 0.67% |
| MCDMcdonald'S Corp | 1.37% | 0.78% | 0.59% |
| TGTTARGET CORP | 1.82% | 0.27% | 1.55% |
72.4% of TMDV 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, TMDV or VYM?
TMDV has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, TMDV or VYM?
Over the past year TMDV returned +4.99% vs +13.75% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), TMDV annualized +5.43% vs +10.74% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TMDV or VYM?
TMDV has been the more volatile fund at 16.3% annualized versus 15.6% for VYM. Worst drawdown: TMDV -33.4% vs VYM -35.7%.
Should I hold both TMDV and VYM?
TMDV and VYM have a monthly-return correlation of 0.93, 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 TMDV and VYM?
72.4% of TMDV's money is in holdings VYM also owns. 14.2% of VYM's is in holdings TMDV also owns. They hold 46 positions in common, counted across the 65 positions we hold weights for in TMDV and 557 in VYM.
Which pays a higher dividend, TMDV or VYM?
TMDV yields 2.46% while VYM yields 2.22%, so TMDV currently pays the higher dividend yield.
Is VYM better than TMDV?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. TMDV is less concentrated, with 18.0% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.