TMDV vs VYM
ProShares Russell US Dividend Growers ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | TMDV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.04% | |
| AUM | $5M | $79.0B | |
| Dividend Yield | 2.53% | 2.86% | |
| Holdings | 66 | 568 | |
| YTD Return | +14.85% | +16.78% | |
| 1Y Return | +11.13% | +24.43% | |
| 3Y Return (annualized) | +6.65% | +18.60% | |
| 5Y Return (annualized) | +4.21% | +12.30% | |
| Volatility (annualized) | 16.3% | 14.6% | |
| Max Drawdown | -33.4% | -58.8% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 5, 2019 | Nov 10, 2006 |
TMDV vs VYM Performance
ProShares Russell US Dividend Growers ETF (TMDV) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TMDV returned +11.13% while VYM returned +24.43%. Year to date, TMDV is up 14.85% versus a gain of 16.78% for VYM.
Over three years, TMDV compounded at +6.65% per year against +18.60% for VYM; over five years the annualized figures are +4.21% and +12.30% respectively. Across the full 7-year window we track, VYM has the edge at +7.11% annualized vs +6.83%. 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 14.6% 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 2.53% against 2.86% for VYM.
Holdings Overlap
TMDV and VYM share 49 holdings out of 574 unique holdings combined, representing a 15.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $31 per year of difference.
Which performed better, TMDV or VYM?
Over the past year TMDV returned +11.13% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), TMDV annualized +6.83% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, TMDV or VYM?
TMDV has been the more volatile fund at 16.3% annualized versus 14.6% for VYM. Worst drawdown: TMDV -33.4% vs VYM -58.8%.
Should I hold both TMDV and VYM?
TMDV and VYM have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between TMDV and VYM?
TMDV and VYM share 49 common holdings with a 15.9% weight overlap. Combined, they hold 574 unique securities.
Which pays a higher dividend, TMDV or VYM?
TMDV yields 2.53% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.