VYM vs XXCH
Vanguard High Dividend Yield ETF vs Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares
Quick Verdict
VYM has a lower expense ratio. XXCH delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | VYM | XXCH | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 1.15% | |
| AUM | $81.6B | $2M | |
| Dividend Yield | 2.24% | 8.77% | |
| Holdings | 616 | 6 | |
| YTD Return | +14.66% | +54.95% | |
| 1Y Return | +22.16% | +35.53% | |
| 3Y Return (annualized) | +18.72% | - | |
| 5Y Return (annualized) | +12.18% | - | |
| Volatility (annualized) | 14.6% | 22.5% | |
| Max Drawdown | -58.8% | -38.0% | |
| Fund Family | Vanguard (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Nov 10, 2006 | Feb 7, 2024 |
VYM vs XXCH Performance
Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH) is a ETF from Direxion Shares ETF Trust. Over the past year VYM returned +22.16% while XXCH returned +35.53%. Year to date, VYM is up 14.66% versus a gain of 54.95% for XXCH.
Risk: Volatility and Drawdowns
XXCH has been the more volatile fund, with annualized monthly volatility of 22.5% compared with 14.6% 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 -58.8% for VYM and -38.0% for XXCH. 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VYM charges 0.04% per year while XXCH charges 1.15%. On a $10,000 position that is $4 vs $115 annually, a gap of $111 per year that compounds over a long holding period. On income, VYM currently yields 2.24% against 8.77% for XXCH.
Frequently Asked Questions
Which is cheaper, VYM or XXCH?
VYM has an expense ratio of 0.04% while XXCH charges 1.15%. VYM is the cheaper option. On a $10,000 investment, that is $111 per year of difference.
Which performed better, VYM or XXCH?
Over the past year VYM returned +22.16% vs +35.53% for XXCH, so XXCH leads on 1-year performance. Over the longest common window we track (2 years), VYM annualized +7.01% vs +26.62% for XXCH. Past performance does not guarantee future results.
Which is riskier, VYM or XXCH?
XXCH has been the more volatile fund at 22.5% annualized versus 14.6% for VYM. Worst drawdown: VYM -58.8% vs XXCH -38.0%.
Should I hold both VYM and XXCH?
VYM and XXCH have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, VYM or XXCH?
VYM yields 2.24% while XXCH yields 8.77%, so XXCH currently pays the higher dividend yield.
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