VYM vs WBIY
Vanguard High Dividend Yield ETF vs WBI Power Factor High Dividend ETF
Which is better, VYM or WBIY?
Large Cap Value against Mid Cap Value.
VYM has a lower expense ratio. VYM led over 3Y, 5Y and the full window, WBIY over 1Y. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 47.8%.
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 | VYM | WBIY |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.97% |
| AUM | $81.6B | $65M |
| Dividend Yield | 2.22% | 4.06% |
| Holdings | 613 | 51 |
| YTD Return | +13.91% | +18.94%Best |
| 1Y Return | +17.57% | +22.76%Best |
| 3Y Return (annualized) | +18.12%Best | +17.47% |
| 5Y Return (annualized) | +12.17%Best | +11.68% |
| Volatility (annualized) | 14.4%Best | 21.6% |
| Max Drawdown | -35.7%Best | -52.1% |
| $10,000 over 5 years | $17,758Best | $17,373 |
| Top 10 Weight | 25.9%Best | 47.8% |
| Fund Family | Vanguard (US) | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Value |
| Inception | Nov 10, 2006 | Dec 19, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 22, 2016 to Sep 11, 2026 (9.7 years).
VYM vs WBIY 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 9.7 years both funds cover.
VYM vs WBIY Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and WBI Power Factor High Dividend ETF (WBIY) is an ETF from WBI Investments. Over the past year VYM returned +17.57% while WBIY returned +22.76%. Year to date, VYM is up 13.91% versus a gain of 18.94% for WBIY.
Over three years, VYM compounded at +18.12% per year against +17.47% for WBIY; over five years the annualized figures are +12.17% and +11.68% respectively. Across the full 10-year window we track, VYM has the edge at +9.91% annualized vs +7.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIY has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 14.4% 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 -35.7% for VYM and -52.1% for WBIY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VYM charges 0.04% per year while WBIY charges 0.97%. On a $10,000 position that is $4 vs $97 annually, a gap of $93 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 4.06% for WBIY.
Holdings Overlap
5.7% of VYM's money is in holdings WBIY also owns. 91.0% of WBIY's money is in holdings VYM also owns.
Most of WBIY is already inside VYM. Owning both mostly buys the same companies twice.
The two holdings books were reported 50 days apart, VYM as of Jun 30, 2026 and WBIY as of Aug 19, 2026, so some of the difference between them is the time between the two reports rather than the funds.
41 positions in common, counted across the 603 positions we hold weights for in VYM and 50 in WBIY, against full books of 613 and 51.
What only one of them owns
Our book lists 9 positions for WBIY that do not appear in our book for VYM (9.1% of the fund), and 527 for VYM that do not appear in WBIY (91.8%).
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 VYM | Weight in WBIY | Difference |
|---|---|---|---|
| VZVerizon Communications, Inc. | 0.74% | 5.34% | 4.60% |
| TAt&t, Inc. | 0.58% | 5.32% | 4.74% |
| PFEPfizer, Inc. | 0.57% | 5.04% | 4.47% |
| CMCSAComcast Corp. Class A | 0.36% | 5.13% | 4.77% |
| CPBCampbell Soup Co. | 0.02% | 4.95% | 4.93% |
| WENWendy's Co/the | 0.01% | 4.95% | 4.94% |
| MOAltria Group Inc. | 0.50% | 4.29% | 3.79% |
| OWLBlue Owl Capital, Inc. Class A | 0.02% | 4.52% | 4.50% |
| UPSUnited Parcel Service, Inc | 0.33% | 4.08% | 3.75% |
| HPQHp Inc. | 0.08% | 4.18% | 4.10% |
91.0% of WBIY is already inside VYM.
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, VYM or WBIY?
VYM has an expense ratio of 0.04% while WBIY charges 0.97%. VYM is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, VYM or WBIY?
Over the past year VYM returned +17.57% vs +22.76% for WBIY, so WBIY leads on 1-year performance. Over the longest common window we track (10 years), VYM annualized +9.91% vs +7.04% for WBIY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or WBIY?
WBIY has been the more volatile fund at 21.6% annualized versus 14.4% for VYM. Worst drawdown: VYM -35.7% vs WBIY -52.1%.
Should I hold both VYM and WBIY?
VYM and WBIY have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between VYM and WBIY?
91.0% of WBIY's money is in holdings VYM also owns. 91.0% of WBIY's is in holdings VYM also owns. They hold 41 positions in common, counted across the 603 positions we hold weights for in VYM and 50 in WBIY.
Which pays a higher dividend, VYM or WBIY?
VYM yields 2.22% while WBIY yields 4.06%, so WBIY currently pays the higher dividend yield.
Is WBIY better than VYM?
VYM has a lower expense ratio. VYM led over 3Y, 5Y and the full window, WBIY over 1Y. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 47.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.