TOLL vs VYM
Tema Durable Quality 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 616 holdings.
Side-by-Side Comparison
| Metric | TOLL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.04% | |
| AUM | $59M | $81.6B | |
| Dividend Yield | 0.26% | 2.24% | |
| Holdings | 37 | 616 | |
| YTD Return | +11.34% | +15.60% | |
| 1Y Return | +15.82% | +23.48% | |
| 3Y Return (annualized) | +16.46% | +19.07% | |
| 5Y Return (annualized) | - | +12.50% | |
| Volatility (annualized) | 15.5% | 14.6% | |
| Max Drawdown | -15.5% | -58.8% | |
| Fund Family | Tema Global Limited | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 11, 2023 | Nov 10, 2006 |
TOLL vs VYM Performance
Tema Durable Quality ETF (TOLL) is a ETF from Tema Global Limited and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TOLL returned +15.82% while VYM returned +23.48%. Year to date, TOLL is up 11.34% versus a gain of 15.60% for VYM.
Over three years, TOLL compounded at +16.46% per year against +19.07% for VYM. Across the full 3-year window we track, TOLL has the edge at +14.96% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOLL has been the more volatile fund, with annualized monthly volatility of 15.5% 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 -15.5% for TOLL 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TOLL charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, TOLL currently yields 0.26% against 2.24% for VYM.
Holdings Overlap
TOLL and VYM share 4 holdings out of 634 unique holdings combined, representing a 4.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TOLL or VYM?
TOLL has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, TOLL or VYM?
Over the past year TOLL returned +15.82% vs +23.48% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), TOLL annualized +14.96% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, TOLL or VYM?
TOLL has been the more volatile fund at 15.5% annualized versus 14.6% for VYM. Worst drawdown: TOLL -15.5% vs VYM -58.8%.
Should I hold both TOLL and VYM?
TOLL and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TOLL and VYM?
TOLL and VYM share 4 common holdings with a 4.3% weight overlap. Combined, they hold 634 unique securities.
Which pays a higher dividend, TOLL or VYM?
TOLL yields 0.26% while VYM yields 2.24%, 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.