TSPX vs VYM
Twin Oak Active Opportunities ETF vs Vanguard High Dividend Yield ETF
Which is better, TSPX or VYM?
Allocation/Balanced against Large Cap Value.
VYM has a lower expense ratio. TSPX led over the full window, VYM over 1Y.
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 | TSPX | VYM |
|---|---|---|
| Expense Ratio | 1.01% | 0.04%Best |
| AUM | $242M | $81.6B |
| Dividend Yield | 1.95% | 2.22% |
| Holdings | 4 | 613 |
| YTD Return | +10.50%Best | +10.23% |
| 1Y Return | +11.02% | +14.28%Best |
| 3Y Return (annualized) | - | +17.50% |
| 5Y Return (annualized) | - | +11.60% |
| Volatility (annualized) | 9.4%Best | 10.6% |
| Max Drawdown | -8.1%Best | -13.8% |
| $10,000 over 1.6 years | $12,485Best | $12,305 |
| Fund Family | Twin Oak | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Feb 20, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 21, 2025 to Sep 23, 2026 (1.6 years).
TSPX 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 1.6 years both funds cover.
TSPX vs VYM Performance
Twin Oak Active Opportunities ETF (TSPX) is an ETF from Twin Oak and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TSPX returned +11.02% while VYM returned +14.28%. Year to date, TSPX is up 10.50% versus a gain of 10.23% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.6% compared with 9.4% for TSPX. 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 -8.1% for TSPX and -13.8% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSPX charges 1.01% per year while VYM charges 0.04%. On a $10,000 position that is $101 vs $4 annually, a gap of $97 per year that compounds over a long holding period. On income, TSPX currently yields 1.95% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 3 holdings in TSPX and 557 in VYM, totalling 99.8% 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 3 positions we hold weights for in TSPX and 557 in VYM, against full books of 4 and 613.
You are not choosing between two funds in isolation.
Whichever of TSPX 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, TSPX or VYM?
TSPX has an expense ratio of 1.01% while VYM charges 0.04%. VYM is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, TSPX or VYM?
Over the past year TSPX returned +11.02% vs +14.28% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), TSPX annualized +14.88% vs +13.84% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSPX or VYM?
VYM has been the more volatile fund at 10.6% annualized versus 9.4% for TSPX. Worst drawdown: TSPX -8.1% vs VYM -13.8%.
Should I hold both TSPX and VYM?
TSPX and VYM have a monthly-return correlation of 0.65, 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, TSPX or VYM?
TSPX yields 1.95% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than TSPX?
VYM has a lower expense ratio. TSPX led over the full window, VYM over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.