VNM vs VYM
VanEck Vietnam ETF vs Vanguard High Dividend Yield ETF
Which is better, VNM or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 54.5%.
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 | VNM | VYM |
|---|---|---|
| Expense Ratio | 0.66% | 0.04%Best |
| AUM | $490M | $81.6B |
| Dividend Yield | 0.21% | 2.22% |
| Holdings | 60 | 613 |
| YTD Return | -9.63% | +10.24%Best |
| 1Y Return | -2.26% | +14.89%Best |
| 3Y Return (annualized) | +11.23% | +18.00%Best |
| 5Y Return (annualized) | -0.79% | +11.42%Best |
| Volatility (annualized) | 24.1% | 13.1%Best |
| Max Drawdown | -62.7% | -35.7%Best |
| $10,000 over 5 years | $9,611 | $17,172Best |
| Top 10 Weight | 54.5% | 26.1%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Aug 11, 2009 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Aug 14, 2009 to Sep 25, 2026 (17.1 years).
VNM 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 17.1 years both funds cover.
VNM vs VYM Performance
VanEck Vietnam ETF (VNM) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VNM returned -2.26% while VYM returned +14.89%. Year to date, VNM is down 9.63% versus a gain of 10.24% for VYM.
Over three years, VNM compounded at +11.23% per year against +18.00% for VYM; over five years the annualized figures are -0.79% and +11.42% respectively. Across the full 17-year window we track, VYM has the edge at +10.18% annualized vs -0.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VNM has been the more volatile fund, with annualized monthly volatility of 24.1% compared with 13.1% 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 -62.7% for VNM 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 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VNM charges 0.66% per year while VYM charges 0.04%. On a $10,000 position that is $66 vs $4 annually, a gap of $62 per year that compounds over a long holding period. On income, VNM currently yields 0.21% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 56 holdings in VNM and 557 in VYM, totalling 95.8% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 56 positions we hold weights for in VNM and 557 in VYM, against full books of 60 and 613.
What only one of them owns
Our book lists 528 positions for VYM that do not appear in our book for VNM (97.1% of the fund), and 0 for VNM that do not appear in VYM (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of VNM 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, VNM or VYM?
VNM has an expense ratio of 0.66% while VYM charges 0.04%. VYM is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, VNM or VYM?
Over the past year VNM returned -2.26% vs +14.89% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (17 years), VNM annualized -0.75% vs +10.18% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VNM or VYM?
VNM has been the more volatile fund at 24.1% annualized versus 13.1% for VYM. Worst drawdown: VNM -62.7% vs VYM -35.7%.
Should I hold both VNM and VYM?
VNM and VYM have a monthly-return correlation of 0.49, 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, VNM or VYM?
VNM yields 0.21% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VNM?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 54.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.