TSPY vs VYM
TappAlpha S&P 500 Growth & Daily Income ETF vs Vanguard High Dividend Yield ETF
Which is better, TSPY or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. TSPY 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 | TSPY | VYM |
|---|---|---|
| Expense Ratio | 0.71% | 0.04%Best |
| AUM | $321M | $81.6B |
| Dividend Yield | 15.15% | 2.22% |
| Holdings | 4 | 613 |
| YTD Return | +11.66%Best | +11.47% |
| 1Y Return | +15.58% | +15.94%Best |
| 3Y Return (annualized) | - | +18.03% |
| 5Y Return (annualized) | - | +12.35% |
| Volatility (annualized) | 12.4% | 10.5%Best |
| Max Drawdown | -18.0% | -14.5%Best |
| $10,000 over 2.1 years | $14,104Best | $13,623 |
| Fund Family | TappAlpha | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Aug 14, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 15, 2024 to Sep 21, 2026 (2.1 years).
TSPY 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 2.1 years both funds cover.
TSPY vs VYM Performance
TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TSPY returned +15.58% while VYM returned +15.94%. Year to date, TSPY is up 11.66% versus a gain of 11.47% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSPY has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 10.5% 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 -18.0% for TSPY 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TSPY charges 0.71% per year while VYM charges 0.04%. On a $10,000 position that is $71 vs $4 annually, a gap of $67 per year that compounds over a long holding period. On income, TSPY currently yields 15.15% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 2 holdings in TSPY 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 2 positions we hold weights for in TSPY and 557 in VYM, against full books of 4 and 613.
You are not choosing between two funds in isolation.
Whichever of TSPY 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, TSPY or VYM?
TSPY has an expense ratio of 0.71% while VYM charges 0.04%. VYM is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, TSPY or VYM?
Over the past year TSPY returned +15.58% vs +15.94% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), TSPY annualized +17.79% vs +15.86% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSPY or VYM?
TSPY has been the more volatile fund at 12.4% annualized versus 10.5% for VYM. Worst drawdown: TSPY -18.0% vs VYM -14.5%.
Should I hold both TSPY and VYM?
TSPY and VYM have a monthly-return correlation of 0.77, 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, TSPY or VYM?
TSPY yields 15.15% while VYM yields 2.22%, so TSPY currently pays the higher dividend yield.
Is VYM better than TSPY?
VYM has a lower expense ratio. TSPY 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.