VYM vs WEEL
Vanguard High Dividend Yield ETF vs Peerless Option Income Wheel ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | VYM | WEEL | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.99% | |
| AUM | $79.0B | $39M | |
| Dividend Yield | 2.86% | 12.48% | |
| Holdings | 568 | 38 | |
| YTD Return | +16.10% | +8.98% | |
| 1Y Return | +25.99% | +17.77% | |
| 3Y Return (annualized) | +18.29% | - | |
| 5Y Return (annualized) | +12.35% | - | |
| Volatility (annualized) | 14.6% | 7.5% | |
| Max Drawdown | -58.8% | -17.4% | |
| Fund Family | Vanguard (US) | Peerless ETFs | |
| Category | Equity | Alternative | |
| Inception | Nov 10, 2006 | May 16, 2024 |
VYM vs WEEL Performance
Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Peerless Option Income Wheel ETF (WEEL) is a ETF from Peerless ETFs. Over the past year VYM returned +25.99% while WEEL returned +17.77%. Year to date, VYM is up 16.10% versus a gain of 8.98% for WEEL.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 7.5% for WEEL. 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 -17.4% for WEEL. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VYM charges 0.04% per year while WEEL charges 0.99%. On a $10,000 position that is $4 vs $99 annually, a gap of $95 per year that compounds over a long holding period. On income, VYM currently yields 2.86% against 12.48% for WEEL.
Holdings Overlap
VYM and WEEL share 0 holdings out of 568 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, VYM or WEEL?
VYM has an expense ratio of 0.04% while WEEL charges 0.99%. VYM is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, VYM or WEEL?
Over the past year VYM returned +25.99% vs +17.77% for WEEL, so VYM leads on 1-year performance. Over the longest common window we track (2 years), VYM annualized +7.08% vs +13.58% for WEEL. Past performance does not guarantee future results.
Which is riskier, VYM or WEEL?
VYM has been the more volatile fund at 14.6% annualized versus 7.5% for WEEL. Worst drawdown: VYM -58.8% vs WEEL -17.4%.
Should I hold both VYM and WEEL?
VYM and WEEL have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VYM and WEEL?
VYM and WEEL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 568 unique securities.
Which pays a higher dividend, VYM or WEEL?
VYM yields 2.86% while WEEL yields 12.48%, so WEEL currently pays the higher dividend yield.
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