VYM vs ZECP

VYM vs ZECP

Which is better, VYM or ZECP?

Large Cap Value against All Cap Blend.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 41.8%.

Lower Fees: VYMHigher Returns: VYMLess 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

MetricVYMZECP
Expense Ratio0.04%Best0.55%
AUM$81.6B$374M
Dividend Yield2.22%0.72%
Holdings61364
YTD Return+11.35%Best+6.85%
1Y Return+15.34%Best+11.96%
3Y Return (annualized)+17.22%Best+14.82%
5Y Return (annualized)+12.30%Best+9.40%
Volatility (annualized)13.8%Best14.0%
Max Drawdown-15.8%Best-21.9%
$10,000 over 5 years$17,861Best$15,671
Top 10 Weight26.1%Best41.8%
Fund FamilyVanguard (US)Zacks
CategoryEquityEquity
StyleLarge Cap ValueAll Cap Blend
InceptionNov 10, 2006Aug 23, 2021

Volatility and max drawdown are measured over the window both funds cover: Aug 24, 2021 to Sep 18, 2026 (5.1 years).

VYM vs ZECP 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 5.1 years both funds cover.

VYM vs ZECP Performance

Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and Zacks Earnings Consistent Portfolio ETF (ZECP) is an ETF from Zacks. Over the past year VYM returned +15.34% while ZECP returned +11.96%. Year to date, VYM is up 11.35% versus a gain of 6.85% for ZECP.

Over three years, VYM compounded at +17.22% per year against +14.82% for ZECP; over five years the annualized figures are +12.30% and +9.40% respectively.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ZECP has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 13.8% 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 -15.8% for VYM and -21.9% for ZECP. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VYM charges 0.04% per year while ZECP charges 0.55%. On a $10,000 position that is $4 vs $55 annually, a gap of $51 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 0.72% for ZECP.

Holdings Overlap

VYM already in ZECP25.6%
ZECP already in VYM46.0%

25.6% of VYM's money is in holdings ZECP also owns. 46.0% of ZECP's money is in holdings VYM also owns.

The two portfolios partly overlap.

34 positions in common, counted across the 557 positions we hold weights for in VYM and 59 in ZECP, against full books of 613 and 64.

What only one of them owns

Measured across the 557 and 59 positions we hold weights for.

VYM holds 494 positions ZECP does not, 71.5% of the fund.

Largest: AVGO 7.35%, XOM 2.63%, ABBV 1.80%, BAC 1.66%, CVX 1.48%

Top Shared Holdings

StockWeight in VYMWeight in ZECPDifference
JPMJpmorgan Chase3.82%3.46%0.36%
CATCaterpillar, Inc.1.50%3.82%2.32%
JNJJohnson & Johnson - Common2.51%1.94%0.57%
CSCOCisco Systems Inc. - Ordinary Shares1.86%1.85%0.01%
PGProcter & Gamble Company1.37%1.92%0.55%
HDHome Depot Inc/The1.34%1.64%0.30%
UNHUnitedhealth Group Incorporated1.52%1.35%0.17%
MRKMerck & Company Inc1.31%1.39%0.08%
AMGNAmgen Inc.0.78%1.53%0.75%
CAHCardinal Health Inc.0.22%2.08%1.86%

46.0% of ZECP is already inside VYM.

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

VYMZECP

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Frequently Asked Questions

Which is cheaper, VYM or ZECP?

VYM has an expense ratio of 0.04% while ZECP charges 0.55%. VYM is the cheaper option, by $51 a year on a $10,000 investment.

Which performed better, VYM or ZECP?

Over the past year VYM returned +15.34% vs +11.96% for ZECP, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, VYM or ZECP?

ZECP has been the more volatile fund at 14.0% annualized versus 13.8% for VYM. Worst drawdown: VYM -15.8% vs ZECP -21.9%.

Should I hold both VYM and ZECP?

VYM and ZECP have a monthly-return correlation of 0.89, 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 ZECP?

46.0% of ZECP's money is in holdings VYM also owns. 46.0% of ZECP's is in holdings VYM also owns. They hold 34 positions in common, counted across the 557 positions we hold weights for in VYM and 59 in ZECP.

Which pays a higher dividend, VYM or ZECP?

VYM yields 2.22% while ZECP yields 0.72%, so VYM currently pays the higher dividend yield.

Is ZECP better than VYM?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.