VEXC vs VYM
Vanguard Emerging Markets ex-China ETF vs Vanguard High Dividend Yield ETF
Which is better, VEXC or VYM?
All Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VEXC led over 1Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.6%.
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 | VEXC | VYM |
|---|---|---|
| Expense Ratio | 0.07% | 0.04%Best |
| AUM | $269M | $83.1B |
| Dividend Yield | 1.41% | 2.22% |
| Holdings | 1,050 | 608 |
| YTD Return | +21.19%Best | +10.00% |
| 1Y Return | +28.83%Best | +13.75% |
| 3Y Return (annualized) | - | +18.81% |
| 5Y Return (annualized) | - | +11.63% |
| Volatility (annualized) | 17.6% | 11.2%Best |
| Top 10 Weight | 33.6% | 26.1%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Sep 16, 2025 | Nov 10, 2006 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
VEXC 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.
VEXC vs VYM Performance
Vanguard Emerging Markets ex-China ETF (VEXC) is an ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VEXC returned +28.83% while VYM returned +13.75%. Year to date, VEXC is up 21.19% versus a gain of 10.00% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VEXC has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 11.2% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VEXC charges 0.07% per year while VYM charges 0.04%. On a $10,000 position that is $7 vs $4 annually, a gap of $3 per year that compounds over a long holding period. On income, VEXC currently yields 1.41% against 2.22% for VYM.
Holdings Overlap
0.1% of VEXC's money is in holdings VYM also owns. 0.1% of VYM's money is in holdings VEXC also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 978 positions we hold weights for in VEXC and 557 in VYM, against full books of 1,050 and 608.
What only one of them owns
Our book lists 527 positions for VYM that do not appear in our book for VEXC (97.0% of the fund), and 22 for VEXC that do not appear in VYM (1.6%).
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 VEXC | Weight in VYM | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.12% | 0.11% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of VEXC 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, VEXC or VYM?
VEXC has an expense ratio of 0.07% while VYM charges 0.04%. VYM is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, VEXC or VYM?
Over the past year VEXC returned +28.83% vs +13.75% for VYM, so VEXC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VEXC or VYM?
VEXC has been the more volatile fund at 17.6% annualized versus 11.2% for VYM.
Should I hold both VEXC and VYM?
VEXC and VYM have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, VEXC or VYM?
VEXC yields 1.41% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VEXC?
VYM has a lower expense ratio. VEXC led over 1Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 33.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.