TRTY vs VYM
Cambria Trinity ETF vs Vanguard High Dividend Yield ETF
Which is better, TRTY or VYM?
Tactical Allocation against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 64.5%.
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 | TRTY | VYM |
|---|---|---|
| Expense Ratio | 0.46% | 0.04%Best |
| AUM | $281M | $81.6B |
| Dividend Yield | 2.88% | 2.24% |
| Holdings | 31 | 613 |
| YTD Return | +12.36% | +14.82%Best |
| 1Y Return | +18.82% | +20.84%Best |
| 3Y Return (annualized) | +11.55% | +18.64%Best |
| 5Y Return (annualized) | +6.71% | +12.28%Best |
| Volatility (annualized) | 9.5%Best | 15.5% |
| Max Drawdown | -22.3%Best | -35.7% |
| $10,000 over 5 years | $13,836 | $17,845Best |
| Top 10 Weight | 64.5% | 25.9%Best |
| Fund Family | Cambria Investment Management | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Value |
| Inception | Sep 10, 2018 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 12, 2018 to Sep 4, 2026 (8 years).
TRTY 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 8 years both funds cover.
TRTY vs VYM Performance
Cambria Trinity ETF (TRTY) is an ETF from Cambria Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TRTY returned +18.82% while VYM returned +20.84%. Year to date, TRTY is up 12.36% versus a gain of 14.82% for VYM.
Over three years, TRTY compounded at +11.55% per year against +18.64% for VYM; over five years the annualized figures are +6.71% and +12.28% respectively. Across the full 8-year window we track, VYM has the edge at +10.38% annualized vs +6.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 9.5% for TRTY. 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 -22.3% for TRTY 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TRTY charges 0.46% per year while VYM charges 0.04%. On a $10,000 position that is $46 vs $4 annually, a gap of $42 per year that compounds over a long holding period. On income, TRTY currently yields 2.88% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 30 holdings in TRTY and 602 in VYM, totalling 100.0% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in TRTY and 602 in VYM, against full books of 31 and 613.
What only one of them owns
Our book lists 569 positions for VYM that do not appear in our book for TRTY (97.2% of the fund), and 29 for TRTY that do not appear in VYM (91.5%).
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.
You are not choosing between two funds in isolation.
Whichever of TRTY 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, TRTY or VYM?
TRTY has an expense ratio of 0.46% while VYM charges 0.04%. VYM is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, TRTY or VYM?
Over the past year TRTY returned +18.82% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), TRTY annualized +6.34% vs +10.38% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TRTY or VYM?
VYM has been the more volatile fund at 15.5% annualized versus 9.5% for TRTY. Worst drawdown: TRTY -22.3% vs VYM -35.7%.
Should I hold both TRTY and VYM?
TRTY and VYM have a monthly-return correlation of 0.85, 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, TRTY or VYM?
TRTY yields 2.88% while VYM yields 2.24%, so TRTY currently pays the higher dividend yield.
Is VYM better than TRTY?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 64.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.