VYM vs XC
Vanguard High Dividend Yield ETF vs WisdomTree True Emerging Markets Fund
Which is better, VYM or XC?
Large Cap Value against Large Cap Blend.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% of the fund in its ten largest positions against 26.1%.
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 | XC |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.32% |
| AUM | $81.6B | $81M |
| Dividend Yield | 2.22% | 11.93% |
| Holdings | 613 | 535 |
| YTD Return | +10.96%Best | -1.23% |
| 1Y Return | +15.42%Best | +2.65% |
| 3Y Return (annualized) | +17.78%Best | +11.60% |
| 5Y Return (annualized) | +12.05% | - |
| Volatility (annualized) | 12.8%Best | 13.8% |
| Max Drawdown | -14.5%Best | -21.0% |
| $10,000 over 4 years | $17,741Best | $15,148 |
| Top 10 Weight | 26.1% | 19.4%Best |
| Fund Family | Vanguard (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 10, 2006 | Sep 22, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 22, 2022 to Sep 22, 2026 (4 years).
VYM vs XC 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 4 years both funds cover.
VYM vs XC Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and WisdomTree True Emerging Markets Fund (XC) is an ETF from WisdomTree Investments. Over the past year VYM returned +15.42% while XC returned +2.65%. Year to date, VYM is up 10.96% versus a loss of 1.23% for XC.
Over three years, VYM compounded at +17.78% per year against +11.60% for XC. Across the full 4-year window we track, VYM has the edge at +15.41% annualized vs +10.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XC has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 12.8% 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 -14.5% for VYM and -21.0% for XC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VYM charges 0.04% per year while XC charges 0.32%. On a $10,000 position that is $4 vs $32 annually, a gap of $28 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 11.93% for XC.
Holdings Overlap
0.2% of VYM's money is in holdings XC also owns. 1.6% of XC's money is in holdings VYM also owns.
XC and VYM share little of their money.
2 positions in common, counted across the 557 positions we hold weights for in VYM and 505 in XC, against full books of 613 and 535.
What only one of them owns
Our book lists 15 positions for XC that do not appear in our book for VYM (6.8% of the fund), and 526 for VYM that do not appear in XC (96.9%).
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.
You are not choosing between two funds in isolation.
Whichever of VYM and XC 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 XC?
VYM has an expense ratio of 0.04% while XC charges 0.32%. VYM is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, VYM or XC?
Over the past year VYM returned +15.42% vs +2.65% for XC, so VYM leads on 1-year performance. Over the longest common window we track (4 years), VYM annualized +15.41% vs +10.94% for XC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or XC?
XC has been the more volatile fund at 13.8% annualized versus 12.8% for VYM. Worst drawdown: VYM -14.5% vs XC -21.0%.
Should I hold both VYM and XC?
VYM and XC have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VYM and XC?
1.6% of XC's money is in holdings VYM also owns. 1.6% of XC's is in holdings VYM also owns. They hold 2 positions in common, counted across the 557 positions we hold weights for in VYM and 505 in XC.
Which pays a higher dividend, VYM or XC?
VYM yields 2.22% while XC yields 11.93%, so XC currently pays the higher dividend yield.
Is XC better than VYM?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% of the fund in its ten largest positions against 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.