TXS vs VYM
Texas Capital Texas Equity Index ETF vs Vanguard High Dividend Yield ETF
Which is better, TXS or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. TXS led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 42.6%.
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 | TXS | VYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.04%Best |
| AUM | $39M | $81.6B |
| Dividend Yield | 0.78% | 2.24% |
| Holdings | 457 | 613 |
| YTD Return | +18.83%Best | +14.82% |
| 1Y Return | +21.17%Best | +20.84% |
| 3Y Return (annualized) | +20.57%Best | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 13.8% | 10.9%Best |
| Max Drawdown | -19.7% | -14.5%Best |
| $10,000 over 3.1 years | $17,201Best | $16,503 |
| Top 10 Weight | 42.6% | 25.9%Best |
| Fund Family | Texas Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 12, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 13, 2023 to Sep 4, 2026 (3.1 years).
TXS 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 3.1 years both funds cover.
TXS vs VYM Performance
Texas Capital Texas Equity Index ETF (TXS) is an ETF from Texas Capital and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TXS returned +21.17% while VYM returned +20.84%. Year to date, TXS is up 18.83% versus a gain of 14.82% for VYM.
Over three years, TXS compounded at +20.57% per year against +18.64% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TXS has been the more volatile fund, with annualized monthly volatility of 13.8% 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 -19.7% for TXS 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TXS charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, TXS currently yields 0.78% against 2.24% for VYM.
Holdings Overlap
29.2% of TXS's money is in holdings VYM also owns. 13.9% of VYM's money is in holdings TXS also owns.
TXS and VYM share little of their money.
The two holdings books were reported 49 days apart, TXS as of Aug 18, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
56 positions in common, counted across the 229 positions we hold weights for in TXS and 602 in VYM, against full books of 457 and 613.
What only one of them owns
Our book lists 515 positions for VYM that do not appear in our book for TXS (83.3% of the fund), and 173 for TXS that do not appear in VYM (70.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TXS | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp | 2.23% | 2.36% | 0.13% |
| WMWaste Management Inc . | 3.29% | 0.34% | 2.95% |
| CATCaterpillar, Inc. | 1.25% | 2.01% | 0.76% |
| ORCLOracle Corp. | 1.65% | 1.04% | 0.61% |
| CVXChevron Corp.United States -Energy | 1.25% | 1.28% | 0.03% |
| COPConocophillips Co | 1.64% | 0.53% | 1.11% |
| SYYSysco Corp. | 1.87% | 0.17% | 1.70% |
| TXNTexas Instruments, Inc | 0.80% | 1.13% | 0.33% |
| SCIService Corp International | 1.83% | 0.04% | 1.79% |
| TAt&t, Inc. | 1.16% | 0.58% | 0.58% |
29.2% of TXS is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TXS or VYM?
TXS has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, TXS or VYM?
Over the past year TXS returned +21.17% vs +20.84% for VYM, so TXS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TXS or VYM?
TXS has been the more volatile fund at 13.8% annualized versus 10.9% for VYM. Worst drawdown: TXS -19.7% vs VYM -14.5%.
Should I hold both TXS and VYM?
TXS and VYM have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TXS and VYM?
29.2% of TXS's money is in holdings VYM also owns. 13.9% of VYM's is in holdings TXS also owns. They hold 56 positions in common, counted across the 229 positions we hold weights for in TXS and 602 in VYM.
Which pays a higher dividend, TXS or VYM?
TXS yields 0.78% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than TXS?
VYM has a lower expense ratio. TXS led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 42.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.