VYM vs XPAY
Vanguard High Dividend Yield ETF vs Roundhill S&P 500 Target 20 Managed Distribution ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | VYM | XPAY | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.49% | |
| AUM | $81.6B | $177M | |
| Dividend Yield | 2.24% | 21.06% | |
| Holdings | 616 | 16 | |
| YTD Return | +14.66% | +11.80% | |
| 1Y Return | +22.16% | +19.97% | |
| 3Y Return (annualized) | +18.72% | - | |
| 5Y Return (annualized) | +12.18% | - | |
| Volatility (annualized) | 14.6% | 13.3% | |
| Max Drawdown | -58.8% | -18.2% | |
| Fund Family | Vanguard (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | Nov 10, 2006 | Oct 31, 2024 |
VYM vs XPAY Performance
Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is a ETF from Roundhill Investments. Over the past year VYM returned +22.16% while XPAY returned +19.97%. Year to date, VYM is up 14.66% versus a gain of 11.80% for XPAY.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.3% for XPAY. 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 -18.2% for XPAY. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VYM charges 0.04% per year while XPAY charges 0.49%. On a $10,000 position that is $4 vs $49 annually, a gap of $45 per year that compounds over a long holding period. On income, VYM currently yields 2.24% against 21.06% for XPAY.
Holdings Overlap
VYM and XPAY share 0 holdings out of 604 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 XPAY?
VYM has an expense ratio of 0.04% while XPAY charges 0.49%. VYM is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, VYM or XPAY?
Over the past year VYM returned +22.16% vs +19.97% for XPAY, so VYM leads on 1-year performance. Over the longest common window we track (2 years), VYM annualized +7.01% vs +18.13% for XPAY. Past performance does not guarantee future results.
Which is riskier, VYM or XPAY?
VYM has been the more volatile fund at 14.6% annualized versus 13.3% for XPAY. Worst drawdown: VYM -58.8% vs XPAY -18.2%.
Should I hold both VYM and XPAY?
VYM and XPAY have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VYM and XPAY?
VYM and XPAY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, VYM or XPAY?
VYM yields 2.24% while XPAY yields 21.06%, so XPAY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.