AIO vs VYM

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

MetricAIOVYMWinner
Expense Ratio1.47%0.04%
AUM$973M$79.0B
Dividend Yield9.94%2.86%
Holdings101568
YTD Return+25.62%+15.45%
1Y Return+21.30%+26.05%
3Y Return (annualized)+24.91%+17.96%
5Y Return (annualized)+12.28%+12.54%
Volatility (annualized)22.0%14.6%
Max Drawdown-45.2%-58.8%
Fund FamilyVirtus Investment PartnersVanguard (US)
CategoryEquityEquity
InceptionOct 31, 2019Nov 10, 2006

AIO vs VYM Performance

Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) is a ETF from Virtus Investment Partners and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year AIO returned +21.30% while VYM returned +26.05%. Year to date, AIO is up 25.62% versus a gain of 15.45% for VYM.

Over three years, AIO compounded at +24.91% per year against +17.96% for VYM; over five years the annualized figures are +12.28% and +12.54% respectively. Across the full 7-year window we track, AIO has the edge at +14.52% annualized vs +7.06%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AIO has been the more volatile fund, with annualized monthly volatility of 22.0% 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 -45.2% for AIO and -58.8% for VYM. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AIO charges 1.47% per year while VYM charges 0.04%. On a $10,000 position that is $147 vs $4 annually, a gap of $143 per year that compounds over a long holding period. On income, AIO currently yields 9.94% against 2.86% for VYM.

Holdings Overlap

13.2%overlap

AIO and VYM share 16 holdings out of 627 unique holdings combined, representing a 13.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AIOWeight in VYMDifference
AVGO2.63%6.47%3.84%
JPM1.51%3.36%1.85%
WMT1.37%2.44%1.07%
CProProPro
CATProProPro
JNJProProPro
BACProProPro
MSProProPro
MCHPProProPro
ABBVProProPro
See all 10 holdings AIO shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, AIO or VYM?

AIO has an expense ratio of 1.47% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $143 per year of difference.

Which performed better, AIO or VYM?

Over the past year AIO returned +21.30% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), AIO annualized +14.52% vs +7.06% for VYM. Past performance does not guarantee future results.

Which is riskier, AIO or VYM?

AIO has been the more volatile fund at 22.0% annualized versus 14.6% for VYM. Worst drawdown: AIO -45.2% vs VYM -58.8%.

Should I hold both AIO and VYM?

AIO and VYM have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AIO and VYM?

AIO and VYM share 16 common holdings with a 13.2% weight overlap. Combined, they hold 627 unique securities.

Which pays a higher dividend, AIO or VYM?

AIO yields 9.94% while VYM yields 2.86%, so AIO currently pays the higher dividend yield.

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