Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricVYMXTJAWinner
Expense Ratio0.04%0.79%
AUM$79.0B$21M
Dividend Yield2.86%0.00%
Holdings5685
YTD Return+15.80%+10.10%
1Y Return+26.12%+16.31%
3Y Return (annualized)+18.25%+14.71%
5Y Return (annualized)+12.51%-
Volatility (annualized)14.6%13.8%
Max Drawdown-58.8%-26.2%
Fund FamilyVanguard (US)Innovator ETFs Trust
CategoryEquityAlternative
InceptionNov 10, 2006Dec 31, 2021

VYM vs XTJA Performance

Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Innovator US Equity Accelerated Plus ETF - January (XTJA) is a ETF from Innovator ETFs Trust. Over the past year VYM returned +26.12% while XTJA returned +16.31%. Year to date, VYM is up 15.80% versus a gain of 10.10% for XTJA.

Over three years, VYM compounded at +18.25% per year against +14.71% for XTJA. Across the full 5-year window we track, XTJA has the edge at +7.62% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.8% for XTJA. 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 -26.2% for XTJA. 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 XTJA charges 0.79%. On a $10,000 position that is $4 vs $79 annually, a gap of $75 per year that compounds over a long holding period. On income, VYM currently yields 2.86% against 0.00% for XTJA.

Frequently Asked Questions

Which is cheaper, VYM or XTJA?

VYM has an expense ratio of 0.04% while XTJA charges 0.79%. VYM is the cheaper option. On a $10,000 investment, that is $75 per year of difference.

Which performed better, VYM or XTJA?

Over the past year VYM returned +26.12% vs +16.31% for XTJA, so VYM leads on 1-year performance. Over the longest common window we track (5 years), VYM annualized +7.07% vs +7.62% for XTJA. Past performance does not guarantee future results.

Which is riskier, VYM or XTJA?

VYM has been the more volatile fund at 14.6% annualized versus 13.8% for XTJA. Worst drawdown: VYM -58.8% vs XTJA -26.2%.

Should I hold both VYM and XTJA?

VYM and XTJA have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, VYM or XTJA?

VYM yields 2.86% while XTJA yields 0.00%, so VYM currently pays the higher dividend yield.

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