TXSS vs VYM
Texas Capital Texas Small Cap Equity Index ETF vs Vanguard High Dividend Yield ETF
Which is better, TXSS or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 31.1%.
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 | TXSS | VYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.04%Best |
| AUM | $10M | $81.6B |
| Dividend Yield | 0.48% | 2.24% |
| Holdings | 182 | 613 |
| Volatility (annualized) | 18.5% | 10.2%Best |
| Max Drawdown | -25.6% | -14.5%Best |
| $10,000 over 2 years | $10,851 | $13,825Best |
| Top 10 Weight | 31.1% | 25.9%Best |
| Fund Family | Texas Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Dec 20, 2023 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 270 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. TXSS has data through Dec 8, 2025 and VYM through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Dec 21, 2023 to Dec 8, 2025 (2 years).
Risk: Volatility and Drawdowns
TXSS has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 10.2% 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 -25.6% for TXSS 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TXSS 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, TXSS currently yields 0.48% against 2.24% for VYM.
Holdings Overlap
11.0% of TXSS's money is in holdings VYM also owns. 0.4% of VYM's money is in holdings TXSS also owns.
TXSS and VYM share little of their money.
The two holdings books were reported 242 days apart, TXSS as of Oct 31, 2025 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.
20 positions in common, counted across the 182 positions we hold weights for in TXSS and 603 in VYM, against full books of 182 and 613.
What only one of them owns
Our book lists 550 positions for VYM that do not appear in our book for TXSS (97.0% of the fund), and 162 for TXSS that do not appear in VYM (89.0%).
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 TXSS | Weight in VYM | Difference |
|---|---|---|---|
| FCFSFirstcash Inc | 0.99% | 0.04% | 0.95% |
| NXSTNexstar Media Group Inc | 0.91% | 0.02% | 0.89% |
| PBProsperity Bancshares | 0.86% | 0.03% | 0.83% |
| WFRDWeatherford International PLC | 0.78% | 0.02% | 0.76% |
| NOVNov Inc Common Stock | 0.71% | 0.03% | 0.68% |
| IBOCInternational Bancshares Corp | 0.64% | 0.02% | 0.62% |
| FFINFirst Financial Bankshares Inc | 0.58% | 0.02% | 0.56% |
| AROCArchrock, Inc. | 0.57% | 0.03% | 0.54% |
| OASChord Energy Corp | 0.56% | 0.03% | 0.53% |
| VCTRVictory Receivables Corp | 0.55% | 0.01% | 0.54% |
You are not choosing between two funds in isolation.
Whichever of TXSS 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, TXSS or VYM?
TXSS 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 is riskier, TXSS or VYM?
TXSS has been the more volatile fund at 18.5% annualized versus 10.2% for VYM. Worst drawdown: TXSS -25.6% vs VYM -14.5%.
Should I hold both TXSS and VYM?
TXSS and VYM have a monthly-return correlation of 0.84, 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 TXSS and VYM?
11.0% of TXSS's money is in holdings VYM also owns. 0.4% of VYM's is in holdings TXSS also owns. They hold 20 positions in common, counted across the 182 positions we hold weights for in TXSS and 603 in VYM.
Which pays a higher dividend, TXSS or VYM?
TXSS yields 0.48% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than TXSS?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 31.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.