VOOG vs VYM
Vanguard S&P 500 Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, VOOG or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VOOG 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 59.3%.
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 | VOOG | VYM |
|---|---|---|
| Expense Ratio | 0.07% | 0.04%Best |
| AUM | $26.1B | $81.6B |
| Dividend Yield | 0.45% | 2.22% |
| Holdings | 156 | 613 |
| YTD Return | +13.39%Best | +12.29% |
| 1Y Return | +17.52%Best | +16.61% |
| 3Y Return (annualized) | +26.08%Best | +17.42% |
| 5Y Return (annualized) | +13.41%Best | +12.12% |
| Volatility (annualized) | 15.4% | 12.9%Best |
| Max Drawdown | -32.7%Best | -35.7% |
| $10,000 over 5 years | $18,761Best | $17,718 |
| Top 10 Weight | 59.3% | 26.1%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Sep 7, 2010 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 17, 2026 (16 years).
VOOG 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 16 years both funds cover.
VOOG vs VYM Performance
Vanguard S&P 500 Growth ETF (VOOG) is an ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VOOG returned +17.52% while VYM returned +16.61%. Year to date, VOOG is up 13.39% versus a gain of 12.29% for VYM.
Over three years, VOOG compounded at +26.08% per year against +17.42% for VYM; over five years the annualized figures are +13.41% and +12.12% respectively. Across the full 16-year window we track, VOOG has the edge at +15.67% annualized vs +10.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOG has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 12.9% 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 -32.7% for VOOG 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOOG 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, VOOG currently yields 0.45% against 2.22% for VYM.
Holdings Overlap
16.6% of VOOG's money is in holdings VYM also owns. 32.9% of VYM's money is in holdings VOOG also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 148 positions we hold weights for in VOOG and 557 in VYM, against full books of 156 and 613.
What only one of them owns
Our book lists 487 positions for VYM that do not appear in our book for VOOG (64.1% of the fund), and 105 for VOOG that do not appear in VYM (83.1%).
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 VOOG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.28% | 7.35% | 2.07% |
| JPMJpmorgan Chase | 1.84% | 3.82% | 1.98% |
| JNJJohnson & Johnson - Common | 1.04% | 2.51% | 1.47% |
| CATCaterpillar, Inc. | 1.08% | 1.50% | 0.42% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.70% | 1.86% | 1.16% |
| ABBVAbbvie Inc. | 0.58% | 1.80% | 1.22% |
| KOCoca Cola Co. | 0.41% | 1.38% | 0.97% |
| PMPhilip Morris International Inc. | 0.48% | 1.21% | 0.73% |
| GSGoldman Sachs Group Inc/The | 0.53% | 1.13% | 0.60% |
| MSMorgan Stanley | 0.44% | 0.96% | 0.52% |
32.9% of VYM is already inside VOOG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOOG or VYM?
VOOG 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, VOOG or VYM?
Over the past year VOOG returned +17.52% vs +16.61% for VYM, so VOOG leads on 1-year performance. Over the longest common window we track (16 years), VOOG annualized +15.67% vs +10.49% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOOG or VYM?
VOOG has been the more volatile fund at 15.4% annualized versus 12.9% for VYM. Worst drawdown: VOOG -32.7% vs VYM -35.7%.
Should I hold both VOOG and VYM?
VOOG and VYM have a monthly-return correlation of 0.77, 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 VOOG and VYM?
32.9% of VYM's money is in holdings VOOG also owns. 32.9% of VYM's is in holdings VOOG also owns. They hold 41 positions in common, counted across the 148 positions we hold weights for in VOOG and 557 in VYM.
Which pays a higher dividend, VOOG or VYM?
VOOG yields 0.45% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VOOG?
VYM has a lower expense ratio. VOOG 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 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.