ULVM vs VYM
VictoryShares US Value Momentum ETF vs Vanguard High Dividend Yield ETF
Which is better, ULVM or VYM?
Nearly the same fund. VYM costs less.
VYM has a lower expense ratio. ULVM led over 1Y, 3Y and the full window, VYM over 5Y. The two have moved almost in lockstep, correlation 0.96. ULVM is less concentrated, with 14.4% of the fund in its ten largest positions against 26.1%.
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 | ULVM | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $263M | $81.6B |
| Dividend Yield | 1.64% | 2.22% |
| Holdings | 126 | 613 |
| YTD Return | +15.36%Best | +11.35% |
| 1Y Return | +20.03%Best | +15.34% |
| 3Y Return (annualized) | +20.68%Best | +17.22% |
| 5Y Return (annualized) | +12.21% | +12.30%Best |
| Volatility (annualized) | 16.9% | 15.0%Best |
| Max Drawdown | -40.8% | -35.7%Best |
| $10,000 over 5 years | $17,789 | $17,861Best |
| Top 10 Weight | 14.4%Best | 26.1% |
| Fund Family | Victory Capital Management Inc. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 24, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2017 to Sep 18, 2026 (8.9 years).
ULVM 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 8.9 years both funds cover.
ULVM vs VYM Performance
VictoryShares US Value Momentum ETF (ULVM) is an ETF from Victory Capital Management Inc. and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ULVM returned +20.03% while VYM returned +15.34%. Year to date, ULVM is up 15.36% versus a gain of 11.35% for VYM.
Over three years, ULVM compounded at +20.68% per year against +17.22% for VYM; over five years the annualized figures are +12.21% and +12.30% respectively. Across the full 9-year window we track, ULVM has the edge at +9.98% annualized vs +9.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULVM has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.0% 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 -40.8% for ULVM and -35.7% 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ULVM charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, ULVM currently yields 1.64% against 2.22% for VYM.
Holdings Overlap
65.7% of ULVM's money is in holdings VYM also owns. 26.8% of VYM's money is in holdings ULVM also owns.
The two portfolios partly overlap.
75 positions in common, counted across the 124 positions we hold weights for in ULVM and 557 in VYM, against full books of 126 and 613.
What only one of them owns
Our book lists 454 positions for VYM that do not appear in our book for ULVM (70.4% of the fund), and 45 for ULVM that do not appear in VYM (32.0%).
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 ULVM | Weight in VYM | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 1.65% | 2.51% | 0.86% |
| XOMExxon Mobil Corp. | 1.00% | 2.63% | 1.63% |
| BACBank of America Corp.: Financials | 1.22% | 1.66% | 0.44% |
| CATCaterpillar, Inc. | 0.53% | 1.50% | 0.97% |
| WFCWells Fargo & Co. | 0.93% | 1.07% | 0.14% |
| GSGoldman Sachs Group Inc/The | 0.76% | 1.13% | 0.37% |
| CBChubb Ltd. | 1.37% | 0.50% | 0.87% |
| VZVerizon Communic | 0.96% | 0.80% | 0.16% |
| CCitigroup Inc. | 0.80% | 0.89% | 0.09% |
| BKBank Of New York Mellon Corp | 1.24% | 0.44% | 0.80% |
65.7% of ULVM 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.
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Frequently Asked Questions
Which is cheaper, ULVM or VYM?
ULVM has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, ULVM or VYM?
Over the past year ULVM returned +20.03% vs +15.34% for VYM, so ULVM leads on 1-year performance. Over the longest common window we track (9 years), ULVM annualized +9.98% vs +9.59% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ULVM or VYM?
ULVM has been the more volatile fund at 16.9% annualized versus 15.0% for VYM. Worst drawdown: ULVM -40.8% vs VYM -35.7%.
Should I hold both ULVM and VYM?
ULVM and VYM have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ULVM and VYM?
65.7% of ULVM's money is in holdings VYM also owns. 26.8% of VYM's is in holdings ULVM also owns. They hold 75 positions in common, counted across the 124 positions we hold weights for in ULVM and 557 in VYM.
Which pays a higher dividend, ULVM or VYM?
ULVM yields 1.64% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than ULVM?
VYM has a lower expense ratio. ULVM led over 1Y, 3Y and the full window, VYM over 5Y. The two have moved almost in lockstep, correlation 0.96. ULVM is less concentrated, with 14.4% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.