TSMU vs VYM
GraniteShares 2x Long TSM Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. TSMU delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | TSMU | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.04% | |
| AUM | $58M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 2 | 568 | |
| YTD Return | +48.18% | +16.78% | |
| 1Y Return | +135.37% | +24.43% | |
| 3Y Return (annualized) | - | +18.60% | |
| 5Y Return (annualized) | - | +12.30% | |
| Volatility (annualized) | 73.1% | 14.6% | |
| Max Drawdown | -63.7% | -58.8% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 11, 2024 | Nov 10, 2006 |
TSMU vs VYM Performance
GraniteShares 2x Long TSM Daily ETF (TSMU) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TSMU returned +135.37% while VYM returned +24.43%. Year to date, TSMU is up 48.18% versus a gain of 16.78% for VYM.
Risk: Volatility and Drawdowns
TSMU has been the more volatile fund, with annualized monthly volatility of 73.1% 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 -63.7% for TSMU 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
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 2.86% for VYM.
Holdings Overlap
TSMU and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $146 per year of difference.
Which performed better, TSMU or VYM?
Over the past year TSMU returned +135.37% vs +24.43% for VYM, so TSMU leads on 1-year performance. Over the longest common window we track (2 years), TSMU annualized +85.40% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, TSMU or VYM?
TSMU has been the more volatile fund at 73.1% annualized versus 14.6% for VYM. Worst drawdown: TSMU -63.7% vs VYM -58.8%.
Should I hold both TSMU and VYM?
TSMU and VYM have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TSMU and VYM?
TSMU and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, TSMU or VYM?
TSMU yields 0.00% 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.