VYM vs WINC
Vanguard High Dividend Yield ETF vs Western Asset Short Duration Income ETF
Which is better, VYM or WINC?
Large Cap Value against Short Term Bond.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | WINC |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.29% |
| AUM | $78.9B | $12M |
| Dividend Yield | 2.37% | 4.42% |
| Holdings | 608 | 128 |
| YTD Return | +14.51%Best | -1.07% |
| 1Y Return | +17.17%Best | -1.07% |
| 3Y Return (annualized) | +21.04%Best | +4.98% |
| 5Y Return (annualized) | +11.83%Best | +1.96% |
| Volatility (annualized) | 15.3%Best | 16.0% |
| Max Drawdown | -35.7% | -32.0%Best |
| $10,000 over 5 years | $17,490Best | $11,019 |
| Fund Family | Vanguard (US) | Franklin Templeton Investments (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | Short Term Bond |
| Inception | Nov 10, 2006 | Feb 7, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 8, 2019 to Oct 27, 2026 (7.7 years).
VYM vs WINC 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 7.7 years both funds cover.
VYM vs WINC Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and Western Asset Short Duration Income ETF (WINC) is an ETF from Franklin Templeton Investments (US). Over the past year VYM returned +17.17% while WINC returned -1.07%. Year to date, VYM is up 14.51% versus a loss of 1.07% for WINC.
Over three years, VYM compounded at +21.04% per year against +4.98% for WINC; over five years the annualized figures are +11.83% and +1.96% respectively. Across the full 8-year window we track, VYM has the edge at +11.49% annualized vs +3.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WINC has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.3% 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 -32.0% for WINC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.20. They move largely independently of each other.
Fees and Cost Over Time
VYM charges 0.04% per year while WINC charges 0.29%. On a $10,000 position that is $4 vs $29 annually, a gap of $25 per year that compounds over a long holding period. On income, VYM currently yields 2.37% against 4.42% for WINC.
You are not choosing between two funds in isolation.
Whichever of VYM and WINC 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 WINC?
VYM has an expense ratio of 0.04% while WINC charges 0.29%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, VYM or WINC?
Over the past year VYM returned +17.17% vs -1.07% for WINC, so VYM leads on 1-year performance. Over the longest common window we track (8 years), VYM annualized +11.49% vs +3.02% for WINC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or WINC?
WINC has been the more volatile fund at 16.0% annualized versus 15.3% for VYM. Worst drawdown: VYM -35.7% vs WINC -32.0%.
Should I hold both VYM and WINC?
VYM and WINC have a monthly-return correlation of 0.20, 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 WINC?
VYM yields 2.37% while WINC yields 4.42%, so WINC currently pays the higher dividend yield.
Is WINC better than VYM?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.