VYM vs XVV

VYM vs XVV

Which is better, VYM or XVV?

Large Cap Value against Large Cap Blend.

VYM has a lower expense ratio. VYM led over 1Y, XVV over 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.2%.

Lower Fees: VYMHigher Returns: splitLess Concentrated: VYM

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

MetricVYMXVV
Expense Ratio0.04%Best0.08%
AUM$81.6B$677M
Dividend Yield2.22%0.90%
Holdings613448
YTD Return+11.47%+12.37%Best
1Y Return+15.94%Best+14.75%
3Y Return (annualized)+18.03%+22.90%Best
5Y Return (annualized)+12.35%+13.21%Best
Volatility (annualized)13.9%Best16.0%
Max Drawdown-15.8%Best-27.2%
$10,000 over 5 years$17,901$18,596Best
Top 10 Weight26.1%Best42.2%
Fund FamilyVanguard (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionNov 10, 2006Sep 22, 2020

Volatility and max drawdown are measured over the window both funds cover: Sep 24, 2020 to Sep 21, 2026 (6 years).

VYM vs XVV 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 6 years both funds cover.

VYM vs XVV Performance

Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and iShares ESG Select Screened S&P 500 ETF (XVV) is an ETF from iShares by BlackRock (US). Over the past year VYM returned +15.94% while XVV returned +14.75%. Year to date, VYM is up 11.47% versus a gain of 12.37% for XVV.

Over three years, VYM compounded at +18.03% per year against +22.90% for XVV; over five years the annualized figures are +12.35% and +13.21% respectively. Across the full 6-year window we track, XVV has the edge at +16.77% annualized vs +15.48%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XVV has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 13.9% 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 -15.8% for VYM and -27.2% for XVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VYM charges 0.04% per year while XVV charges 0.08%. On a $10,000 position that is $4 vs $8 annually, a gap of $4 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 0.90% for XVV.

Holdings Overlap

VYM already in XVV73.7%
XVV already in VYM31.1%

73.7% of VYM's money is in holdings XVV also owns. 31.1% of XVV's money is in holdings VYM also owns.

Most of VYM is already inside XVV. Owning both mostly buys the same companies twice.

205 positions in common, counted across the 557 positions we hold weights for in VYM and 435 in XVV, against full books of 613 and 448.

What only one of them owns

Our book lists 227 positions for XVV that do not appear in our book for VYM (68.2% of the fund), and 324 for VYM that do not appear in XVV (23.7%).

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

StockWeight in VYMWeight in XVVDifference
AVGOBroadcom Inc7.35%2.96%4.39%
JPMJpmorgan Chase3.82%1.61%2.21%
CSCOCisco Systems Inc. - Ordinary Shares1.86%0.74%1.12%
ABBVAbbvie Inc.1.80%0.76%1.04%
BACBank of America Corp.: Financials1.66%0.68%0.98%
UNHUnitedhealth Group Incorporated1.52%0.60%0.92%
CATCaterpillar, Inc.1.50%0.62%0.88%
KOCoca Cola Co.1.38%0.58%0.80%
PGProcter & Gamble Company1.37%0.57%0.80%
MRKMerck & Company Inc1.31%0.61%0.70%

73.7% of VYM is already inside XVV.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

VYMXVV

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Frequently Asked Questions

Which is cheaper, VYM or XVV?

VYM has an expense ratio of 0.04% while XVV charges 0.08%. VYM is the cheaper option, by $4 a year on a $10,000 investment.

Which performed better, VYM or XVV?

Over the past year VYM returned +15.94% vs +14.75% for XVV, so VYM leads on 1-year performance. Over the longest common window we track (6 years), VYM annualized +15.48% vs +16.77% for XVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, VYM or XVV?

XVV has been the more volatile fund at 16.0% annualized versus 13.9% for VYM. Worst drawdown: VYM -15.8% vs XVV -27.2%.

Should I hold both VYM and XVV?

VYM and XVV have a monthly-return correlation of 0.80, 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 XVV?

73.7% of VYM's money is in holdings XVV also owns. 31.1% of XVV's is in holdings VYM also owns. They hold 205 positions in common, counted across the 557 positions we hold weights for in VYM and 435 in XVV.

Which pays a higher dividend, VYM or XVV?

VYM yields 2.22% while XVV yields 0.90%, so VYM currently pays the higher dividend yield.

Is XVV better than VYM?

VYM has a lower expense ratio. VYM led over 1Y, XVV over 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.