TYLG vs VYM

TYLG vs VYM

Which is better, TYLG or VYM?

Option Writing against Large Cap Value.

VYM has a lower expense ratio. TYLG led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 81.6%.

Lower Fees: VYMHigher Returns: TYLGLess Concentrated: VYM

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

MetricTYLGVYM
Expense Ratio0.60%0.04%Best
AUM$15M$81.6B
Dividend Yield8.68%2.22%
Holdings77613
YTD Return+22.48%Best+12.87%
1Y Return+30.69%Best+17.25%
3Y Return (annualized)+23.82%Best+17.66%
5Y Return (annualized)-+11.98%
Volatility (annualized)15.8%11.4%Best
Max Drawdown-24.5%-14.5%Best
$10,000 over 3.8 years$23,320Best$16,018
Top 10 Weight81.6%26.1%Best
Fund FamilyGlobal X by mirae AssetVanguard (US)
CategoryAlternativeEquity
StyleOption WritingLarge Cap Value
InceptionNov 21, 2022Nov 10, 2006

Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 22, 2022 to Sep 15, 2026 (3.8 years).

TYLG 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 3.8 years both funds cover.

TYLG vs VYM Performance

Global X Information Technology Covered Call & Growth ETF (TYLG) is an ETF from Global X by mirae Asset and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TYLG returned +30.69% while VYM returned +17.25%. Year to date, TYLG is up 22.48% versus a gain of 12.87% for VYM.

Over three years, TYLG compounded at +23.82% per year against +17.66% for VYM. Across the full 4-year window we track, TYLG has the edge at +24.96% annualized vs +13.20%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TYLG has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 11.4% 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 -24.5% for TYLG 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 0.39. They move together some of the time, and apart the rest.

Fees and Cost Over Time

TYLG charges 0.60% per year while VYM charges 0.04%. On a $10,000 position that is $60 vs $4 annually, a gap of $56 per year that compounds over a long holding period. On income, TYLG currently yields 8.68% against 2.22% for VYM.

Holdings Overlap

TYLG already in VYM8.4%
VYM already in TYLG15.4%

8.4% of TYLG's money is in holdings VYM also owns. 15.4% of VYM's money is in holdings TYLG also owns.

VYM and TYLG share little of their money.

19 positions in common, counted across the 74 positions we hold weights for in TYLG and 557 in VYM, against full books of 77 and 613.

What only one of them owns

Measured across the 74 and 557 positions we hold weights for.

VYM holds 509 positions TYLG does not, 81.7% of the fund.

Largest: JPM 3.82%, XOM 2.63%, JNJ 2.51%, ABBV 1.80%, BAC 1.66%

Top Shared Holdings

StockWeight in TYLGWeight in VYMDifference
AVGOBroadcom Inc2.24%7.35%5.11%
CSCOCisco Systems Inc. - Ordinary Shares1.35%1.86%0.51%
TXNTexas Instrument Inc0.72%1.02%0.30%
ORCLOracle Corp - Common0.75%0.90%0.15%
IBMInternational Business Machines Corp.0.68%0.85%0.17%
ADIAnalog Devices, Inc.0.54%0.73%0.19%
QCOMQualcomm Inc.0.55%0.63%0.08%
DELLDell Technologies Inc0.39%0.50%0.11%
HPEHewlett Packard Enterprise Co0.21%0.26%0.05%
TELTE Connectivity PLC Common Stock0.19%0.24%0.05%

You are not choosing between two funds in isolation.

Whichever of TYLG and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

TYLGVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, TYLG or VYM?

TYLG has an expense ratio of 0.60% while VYM charges 0.04%. VYM is the cheaper option, by $56 a year on a $10,000 investment.

Which performed better, TYLG or VYM?

Over the past year TYLG returned +30.69% vs +17.25% for VYM, so TYLG leads on 1-year performance. Over the longest common window we track (4 years), TYLG annualized +24.96% vs +13.20% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, TYLG or VYM?

TYLG has been the more volatile fund at 15.8% annualized versus 11.4% for VYM. Worst drawdown: TYLG -24.5% vs VYM -14.5%.

Should I hold both TYLG and VYM?

TYLG and VYM have a monthly-return correlation of 0.39, 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 TYLG and VYM?

15.4% of VYM's money is in holdings TYLG also owns. 15.4% of VYM's is in holdings TYLG also owns. They hold 19 positions in common, counted across the 74 positions we hold weights for in TYLG and 557 in VYM.

Which pays a higher dividend, TYLG or VYM?

TYLG yields 8.68% while VYM yields 2.22%, so TYLG currently pays the higher dividend yield.

Is VYM better than TYLG?

VYM has a lower expense ratio. TYLG led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 81.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.