DABS 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

MetricDABSVYMWinner
Expense Ratio0.40%0.04%
AUM$149M$79.0B
Dividend Yield4.86%2.86%
Holdings126568
YTD Return+1.30%+13.82%
1Y Return+3.50%+24.08%
3Y Return (annualized)-+17.72%
5Y Return (annualized)-+12.13%
Volatility (annualized)1.8%14.6%
Max Drawdown-1.5%-58.8%
Fund FamilyDoubleLine FundsVanguard (US)
CategoryFixed IncomeEquity
InceptionFeb 28, 2025Nov 10, 2006

DABS vs VYM Performance

DoubleLine Asset-Backed Securities ETF (DABS) is a ETF from DoubleLine Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DABS returned +3.50% while VYM returned +24.08%. Year to date, DABS is up 1.30% versus a gain of 13.82% for VYM.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 1.8% for DABS. 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 -1.5% for DABS 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DABS charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, DABS currently yields 4.86% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DABS and VYM share 0 holdings out of 588 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DABS or VYM?

DABS has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, DABS or VYM?

Over the past year DABS returned +3.50% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DABS annualized +4.78% vs +6.98% for VYM. Past performance does not guarantee future results.

Which is riskier, DABS or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 1.8% for DABS. Worst drawdown: DABS -1.5% vs VYM -58.8%.

Should I hold both DABS and VYM?

DABS and VYM have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DABS and VYM?

DABS and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 588 unique securities.

Which pays a higher dividend, DABS or VYM?

DABS yields 4.86% while VYM yields 2.86%, so DABS currently pays the higher dividend yield.

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