VCHY vs VYM
Vanguard US High-Yield Corporate Bond Index ETF vs Vanguard High Dividend Yield ETF
Which is better, VCHY or VYM?
VYM costs less.
VYM has a lower expense ratio.
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 | VCHY | VYM |
|---|---|---|
| Expense Ratio | 0.05% | 0.04%Best |
| AUM | $123M | $95.8B |
| Dividend Yield | 2.09% | 2.23% |
| Holdings | 5,515 | 610 |
| YTD Return | -3.04% | +16.00%Best |
| 1Y Return | - | +18.97% |
| 3Y Return (annualized) | - | +20.46% |
| 5Y Return (annualized) | - | +11.54% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | May 19, 2026 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
VCHY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
VCHY vs VYM Performance
Vanguard US High-Yield Corporate Bond Index ETF (VCHY) is an ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, VCHY is down 3.04% versus a gain of 16.00% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
VCHY charges 0.05% per year while VYM charges 0.04%. On a $10,000 position that is $5 vs $4 annually, a gap of $1 per year that compounds over a long holding period. On income, VCHY currently yields 2.09% against 2.23% for VYM.
Holdings Overlap
We hold position weights for 1,372 holdings in VCHY and 602 in VYM, totalling 71.3% and 100.0% of the two funds. That is not enough of VCHY to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 51 days apart, VCHY as of Oct 21, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 1,372 positions we hold weights for in VCHY and 602 in VYM, against full books of 5,515 and 610.
Top Shared Holdings
| Stock | Weight in VCHY | Weight in VYM | Difference |
|---|---|---|---|
| ADTADT INC | 0.12% | 0.02% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of VCHY 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, VCHY or VYM?
VCHY has an expense ratio of 0.05% while VYM charges 0.04%. VYM is the cheaper option, by $1 a year on a $10,000 investment.
Which pays a higher dividend, VCHY or VYM?
VCHY yields 2.09% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than VCHY?
VYM has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.