VYM vs WTV
Vanguard High Dividend Yield ETF vs WisdomTree US Value Fund
Which is better, VYM or WTV?
Nearly the same fund. VYM costs less.
VYM has a lower expense ratio. WTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. WTV is less concentrated, with 20.0% of the fund in its ten largest positions against 25.9%.
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 | WTV |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.12% |
| AUM | $81.6B | $3.3B |
| Dividend Yield | 2.22% | 1.86% |
| Holdings | 613 | 124 |
| YTD Return | +13.15% | +14.74%Best |
| 1Y Return | +17.82% | +20.00%Best |
| 3Y Return (annualized) | +17.99% | +20.86%Best |
| 5Y Return (annualized) | +12.16% | +13.91%Best |
| Volatility (annualized) | 15.1%Best | 19.2% |
| Max Drawdown | -35.7%Best | -42.2% |
| $10,000 over 5 years | $17,750 | $19,178Best |
| Top 10 Weight | 25.9% | 20.0%Best |
| Fund Family | Vanguard (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 10, 2006 | Feb 23, 2007 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2017 to Sep 10, 2026 (8.7 years).
VYM vs WTV 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 8.7 years both funds cover.
VYM vs WTV Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and WisdomTree US Value Fund (WTV) is an ETF from WisdomTree Investments. Over the past year VYM returned +17.82% while WTV returned +20.00%. Year to date, VYM is up 13.15% versus a gain of 14.74% for WTV.
Over three years, VYM compounded at +17.99% per year against +20.86% for WTV; over five years the annualized figures are +12.16% and +13.91% respectively. Across the full 9-year window we track, WTV has the edge at +12.83% annualized vs +9.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTV has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 15.1% 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 -42.2% for WTV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 WTV charges 0.12%. On a $10,000 position that is $4 vs $12 annually, a gap of $8 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 1.86% for WTV.
Holdings Overlap
30.1% of VYM's money is in holdings WTV also owns. 64.8% of WTV's money is in holdings VYM also owns.
The two portfolios partly overlap.
85 positions in common, counted across the 603 positions we hold weights for in VYM and 125 in WTV, against full books of 613 and 124.
What only one of them owns
Our book lists 37 positions for WTV that do not appear in our book for VYM (34.4% of the fund), and 483 for VYM that do not appear in WTV (67.5%).
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 WTV | Difference |
|---|---|---|---|
| CSCOCisco Systems Inc. - Ordinary Shares | 1.93% | 2.04% | 0.11% |
| XOMExxon Mobil Corp. | 2.36% | 0.90% | 1.46% |
| MRKMerck & Co. Inc. | 1.32% | 1.35% | 0.03% |
| CCitigroup Inc. | 0.94% | 1.68% | 0.74% |
| UNHUnitedhealth Group Inc. | 1.56% | 1.03% | 0.53% |
| MSMorgan Stanley | 0.97% | 1.31% | 0.34% |
| BACBank Of America Corp. | 1.56% | 0.66% | 0.90% |
| CVXChevron Corp. | 1.28% | 0.90% | 0.38% |
| TGTTarget Corp. | 0.25% | 1.84% | 1.59% |
| PGProcter & Gamble Company | 1.42% | 0.62% | 0.80% |
64.8% of WTV 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.
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Frequently Asked Questions
Which is cheaper, VYM or WTV?
VYM has an expense ratio of 0.04% while WTV charges 0.12%. VYM is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, VYM or WTV?
Over the past year VYM returned +17.82% vs +20.00% for WTV, so WTV leads on 1-year performance. Over the longest common window we track (9 years), VYM annualized +9.47% vs +12.83% for WTV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or WTV?
WTV has been the more volatile fund at 19.2% annualized versus 15.1% for VYM. Worst drawdown: VYM -35.7% vs WTV -42.2%.
Should I hold both VYM and WTV?
VYM and WTV have a monthly-return correlation of 0.95, 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 WTV?
64.8% of WTV's money is in holdings VYM also owns. 64.8% of WTV's is in holdings VYM also owns. They hold 85 positions in common, counted across the 603 positions we hold weights for in VYM and 125 in WTV.
Which pays a higher dividend, VYM or WTV?
VYM yields 2.22% while WTV yields 1.86%, so VYM currently pays the higher dividend yield.
Is WTV better than VYM?
VYM has a lower expense ratio. WTV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. WTV is less concentrated, with 20.0% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.