VYM vs WAR
Vanguard High Dividend Yield ETF vs US Global Technology And Aerospace & Defense ETF
Which is better, VYM or WAR?
Large Cap Value against Large Cap Growth.
VYM has a lower expense ratio. WAR led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 58.1%.
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 | VYM | WAR |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.60% |
| AUM | $81.6B | $36M |
| Dividend Yield | 2.22% | 10.22% |
| Holdings | 613 | 31 |
| YTD Return | +10.24% | +36.17%Best |
| 1Y Return | +14.89% | +41.63%Best |
| 3Y Return (annualized) | +18.00% | - |
| 5Y Return (annualized) | +11.42% | - |
| Volatility (annualized) | 10.2%Best | 30.8% |
| Max Drawdown | -14.5%Best | -25.0% |
| $10,000 over 1.7 years | $12,795 | $17,904Best |
| Top 10 Weight | 26.1%Best | 58.1% |
| Fund Family | Vanguard (US) | U.S. Global Investors, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Nov 10, 2006 | Dec 30, 2024 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 30, 2024 to Sep 25, 2026 (1.7 years).
VYM vs WAR 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 1.7 years both funds cover.
VYM vs WAR Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and US Global Technology And Aerospace & Defense ETF (WAR) is an ETF from U.S. Global Investors, Inc.. Over the past year VYM returned +14.89% while WAR returned +41.63%. Year to date, VYM is up 10.24% versus a gain of 36.17% for WAR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WAR has been the more volatile fund, with annualized monthly volatility of 30.8% compared with 10.2% 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 -14.5% for VYM and -25.0% for WAR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VYM charges 0.04% per year while WAR charges 0.60%. On a $10,000 position that is $4 vs $60 annually, a gap of $56 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 10.22% for WAR.
Holdings Overlap
We hold position weights for 557 holdings in VYM and 28 in WAR, totalling 99.2% and 96.2% 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 557 positions we hold weights for in VYM and 28 in WAR, against full books of 613 and 31.
What only one of them owns
Our book lists 22 positions for WAR that do not appear in our book for VYM (72.3% of the fund), and 528 for VYM that do not appear in WAR (97.1%).
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.
You are not choosing between two funds in isolation.
Whichever of VYM and WAR 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, VYM or WAR?
VYM has an expense ratio of 0.04% while WAR charges 0.60%. VYM is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, VYM or WAR?
Over the past year VYM returned +14.89% vs +41.63% for WAR, so WAR leads on 1-year performance. Over the longest common window we track (2 years), VYM annualized +15.60% vs +40.86% for WAR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or WAR?
WAR has been the more volatile fund at 30.8% annualized versus 10.2% for VYM. Worst drawdown: VYM -14.5% vs WAR -25.0%.
Should I hold both VYM and WAR?
VYM and WAR have a monthly-return correlation of 0.33, 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, VYM or WAR?
VYM yields 2.22% while WAR yields 10.22%, so WAR currently pays the higher dividend yield.
Is WAR better than VYM?
VYM has a lower expense ratio. WAR led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 58.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.