VYM vs WEEI

Quick Verdict

VYM has a lower expense ratio. WEEI delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: WEEIMore Diversified: VYM

Side-by-Side Comparison

MetricVYMWEEIWinner
Expense Ratio0.04%0.85%
AUM$79.0B$96M
Dividend Yield2.86%13.25%
Holdings568159
YTD Return+15.80%+17.02%
1Y Return+26.12%+29.57%
3Y Return (annualized)+18.25%-
5Y Return (annualized)+12.51%-
Volatility (annualized)14.6%16.4%
Max Drawdown-58.8%-18.8%
Fund FamilyVanguard (US)Westwood Funds
CategoryEquityEquity
InceptionNov 10, 2006Apr 30, 2024

VYM vs WEEI Performance

Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Westwood Salient Enhanced Energy Income ETF (WEEI) is a ETF from Westwood Funds. Over the past year VYM returned +26.12% while WEEI returned +29.57%. Year to date, VYM is up 15.80% versus a gain of 17.02% for WEEI.

Risk: Volatility and Drawdowns

WEEI has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.6% 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 -58.8% for VYM and -18.8% for WEEI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

VYM charges 0.04% per year while WEEI charges 0.85%. On a $10,000 position that is $4 vs $85 annually, a gap of $81 per year that compounds over a long holding period. On income, VYM currently yields 2.86% against 13.25% for WEEI.

Holdings Overlap

8.3%overlap

VYM and WEEI share 17 holdings out of 562 unique holdings combined, representing a 8.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VYMWeight in WEEIDifference
XOM2.83%24.26%21.43%
CVX1.53%14.49%12.96%
COP0.62%6.09%5.47%
VLOProProPro
MPCProProPro
WMBProProPro
PSXProProPro
SLB:CWProProPro
EOGProProPro
BKRProProPro
See all 10 holdings VYM shares with WEEI
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Frequently Asked Questions

Which is cheaper, VYM or WEEI?

VYM has an expense ratio of 0.04% while WEEI charges 0.85%. VYM is the cheaper option. On a $10,000 investment, that is $81 per year of difference.

Which performed better, VYM or WEEI?

Over the past year VYM returned +26.12% vs +29.57% for WEEI, so WEEI leads on 1-year performance. Over the longest common window we track (2 years), VYM annualized +7.07% vs +12.52% for WEEI. Past performance does not guarantee future results.

Which is riskier, VYM or WEEI?

WEEI has been the more volatile fund at 16.4% annualized versus 14.6% for VYM. Worst drawdown: VYM -58.8% vs WEEI -18.8%.

Should I hold both VYM and WEEI?

VYM and WEEI have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VYM and WEEI?

VYM and WEEI share 17 common holdings with a 8.3% weight overlap. Combined, they hold 562 unique securities.

Which pays a higher dividend, VYM or WEEI?

VYM yields 2.86% while WEEI yields 13.25%, so WEEI currently pays the higher dividend yield.

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