VOTE vs VYM
TCW Transform 500 ETF vs Vanguard High Dividend Yield ETF
Which is better, VOTE or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VOTE 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 36.8%.
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 | VOTE | VYM |
|---|---|---|
| Expense Ratio | 0.05% | 0.04%Best |
| AUM | $1.1B | $81.6B |
| Dividend Yield | 0.92% | 2.22% |
| Holdings | 509 | 613 |
| YTD Return | +12.46%Best | +12.29% |
| 1Y Return | +16.94%Best | +16.61% |
| 3Y Return (annualized) | +21.43%Best | +17.42% |
| 5Y Return (annualized) | +12.62%Best | +12.12% |
| Volatility (annualized) | 15.7% | 13.5%Best |
| Max Drawdown | -25.7% | -15.8%Best |
| $10,000 over 5 years | $18,117Best | $17,718 |
| Top 10 Weight | 36.8% | 26.1%Best |
| Fund Family | TCW ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 22, 2021 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2021 to Sep 17, 2026 (5.2 years).
VOTE 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 5.2 years both funds cover.
VOTE vs VYM Performance
TCW Transform 500 ETF (VOTE) is an ETF from TCW ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VOTE returned +16.94% while VYM returned +16.61%. Year to date, VOTE is up 12.46% versus a gain of 12.29% for VYM.
Over three years, VOTE compounded at +21.43% per year against +17.42% for VYM; over five years the annualized figures are +12.62% and +12.12% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOTE has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 13.5% 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 -25.7% for VOTE and -15.8% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOTE 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, VOTE currently yields 0.92% against 2.22% for VYM.
Holdings Overlap
32.9% of VOTE's money is in holdings VYM also owns. 87.9% of VYM's money is in holdings VOTE also owns.
Most of VYM is already inside VOTE. Owning both mostly buys the same companies twice.
223 positions in common, counted across the 501 positions we hold weights for in VOTE and 557 in VYM, against full books of 509 and 613.
What only one of them owns
Our book lists 308 positions for VYM that do not appear in our book for VOTE (9.5% of the fund), and 261 for VOTE that do not appear in VYM (65.8%).
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 VOTE | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.71% | 7.35% | 4.64% |
| JPMJpmorgan Chase | 1.45% | 3.82% | 2.37% |
| XOMExxon Mobil Corp. | 0.99% | 2.63% | 1.64% |
| JNJJohnson & Johnson - Common | 0.93% | 2.51% | 1.58% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.65% | 1.86% | 1.21% |
| ABBVAbbvie Inc. | 0.65% | 1.80% | 1.15% |
| BACBank of America Corp.: Financials | 0.63% | 1.66% | 1.03% |
| CATCaterpillar, Inc. | 0.58% | 1.50% | 0.92% |
| UNHUnitedhealth Group Incorporated | 0.54% | 1.52% | 0.98% |
| CVXChevron Corp | 0.55% | 1.48% | 0.93% |
87.9% of VYM is already inside VOTE.
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, VOTE or VYM?
VOTE 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 performed better, VOTE or VYM?
Over the past year VOTE returned +16.94% vs +16.61% for VYM, so VOTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOTE or VYM?
VOTE has been the more volatile fund at 15.7% annualized versus 13.5% for VYM. Worst drawdown: VOTE -25.7% vs VYM -15.8%.
Should I hold both VOTE and VYM?
VOTE and VYM have a monthly-return correlation of 0.82, 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 VOTE and VYM?
87.9% of VYM's money is in holdings VOTE also owns. 87.9% of VYM's is in holdings VOTE also owns. They hold 223 positions in common, counted across the 501 positions we hold weights for in VOTE and 557 in VYM.
Which pays a higher dividend, VOTE or VYM?
VOTE yields 0.92% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VOTE?
VYM has a lower expense ratio. VOTE 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 36.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.