TSMX vs VYM
Direxion Daily TSM Bull 2X ETF vs Vanguard High Dividend Yield ETF
Which is better, TSMX or VYM?
Trading-Leveraged Equity against Large Cap Value.
VYM has a lower expense ratio. TSMX 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 | TSMX | VYM |
|---|---|---|
| Expense Ratio | 0.99% | 0.04%Best |
| AUM | $559M | $81.6B |
| Dividend Yield | 5.49% | 2.22% |
| Holdings | 9 | 613 |
| YTD Return | +60.17%Best | +11.47% |
| 1Y Return | +106.58%Best | +15.94% |
| 3Y Return (annualized) | - | +18.03% |
| 5Y Return (annualized) | - | +12.35% |
| Volatility (annualized) | 71.2% | 10.9%Best |
| Max Drawdown | -63.8% | -14.5%Best |
| $10,000 over 2 years | $37,582Best | $13,138 |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Oct 3, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Sep 21, 2026 (2 years).
TSMX 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.
TSMX vs VYM Performance
Direxion Daily TSM Bull 2X ETF (TSMX) is an ETF from Direxion Shares ETF Trust and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TSMX returned +106.58% while VYM returned +15.94%. Year to date, TSMX is up 60.17% versus a gain of 11.47% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMX has been the more volatile fund, with annualized monthly volatility of 71.2% compared with 10.9% 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 -63.8% for TSMX 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
TSMX charges 0.99% per year while VYM charges 0.04%. On a $10,000 position that is $99 vs $4 annually, a gap of $95 per year that compounds over a long holding period. On income, TSMX currently yields 5.49% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 4 holdings in TSMX and 557 in VYM, totalling 100.4% and 99.2% 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 4 positions we hold weights for in TSMX and 557 in VYM, against full books of 9 and 613.
You are not choosing between two funds in isolation.
Whichever of TSMX 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, TSMX or VYM?
TSMX has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, TSMX or VYM?
Over the past year TSMX returned +106.58% vs +15.94% for VYM, so TSMX leads on 1-year performance. Over the longest common window we track (2 years), TSMX annualized +93.86% vs +14.62% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSMX or VYM?
TSMX has been the more volatile fund at 71.2% annualized versus 10.9% for VYM. Worst drawdown: TSMX -63.8% vs VYM -14.5%.
Should I hold both TSMX and VYM?
TSMX and VYM have a monthly-return correlation of 0.27, 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, TSMX or VYM?
TSMX yields 5.49% while VYM yields 2.22%, so TSMX currently pays the higher dividend yield.
Is VYM better than TSMX?
VYM has a lower expense ratio. TSMX 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.