TSMU vs VYM
GraniteShares 2x Long TSM Daily ETF vs Vanguard High Dividend Yield ETF
Which is better, TSMU or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. TSMU 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 | TSMU | VYM |
|---|---|---|
| Expense Ratio | 1.50% | 0.04%Best |
| AUM | $48M | $81.6B |
| Dividend Yield | 0.00% | 2.22% |
| Holdings | 2 | 613 |
| YTD Return | +43.65%Best | +13.15% |
| 1Y Return | +99.98%Best | +17.82% |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +12.16% |
| Volatility (annualized) | 71.3% | 10.4%Best |
| Max Drawdown | -63.7% | -14.5%Best |
| $10,000 over 1.8 years | $28,122Best | $12,808 |
| Fund Family | GraniteShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Nov 11, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 12, 2024 to Sep 10, 2026 (1.8 years).
TSMU 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
TSMU vs VYM Performance
GraniteShares 2x Long TSM Daily ETF (TSMU) is an ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TSMU returned +99.98% while VYM returned +17.82%. Year to date, TSMU is up 43.65% versus a gain of 13.15% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMU has been the more volatile fund, with annualized monthly volatility of 71.3% compared with 10.4% 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 -63.7% for TSMU 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 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSMU charges 1.50% per year while VYM charges 0.04%. On a $10,000 position that is $150 vs $4 annually, a gap of $146 per year that compounds over a long holding period. On income, TSMU currently yields 0.00% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 1 holding in TSMU and 603 in VYM, totalling 66.7% 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 1 positions we hold weights for in TSMU and 603 in VYM, against full books of 2 and 613.
You are not choosing between two funds in isolation.
Whichever of TSMU 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, TSMU or VYM?
TSMU has an expense ratio of 1.50% while VYM charges 0.04%. VYM is the cheaper option, by $146 a year on a $10,000 investment.
Which performed better, TSMU or VYM?
Over the past year TSMU returned +99.98% vs +17.82% for VYM, so TSMU leads on 1-year performance. Over the longest common window we track (2 years), TSMU annualized +77.61% vs +14.74% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSMU or VYM?
TSMU has been the more volatile fund at 71.3% annualized versus 10.4% for VYM. Worst drawdown: TSMU -63.7% vs VYM -14.5%.
Should I hold both TSMU and VYM?
TSMU and VYM have a monthly-return correlation of 0.36, 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, TSMU or VYM?
TSMU yields 0.00% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TSMU?
VYM has a lower expense ratio. TSMU 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.