DTD vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. DTD offers more diversification with 677 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: DTD

Side-by-Side Comparison

MetricDTDVYMWinner
Expense Ratio0.28%0.04%
AUM$1.7B$79.0B
Dividend Yield1.85%2.86%
Holdings801568
YTD Return+14.52%+15.20%
1Y Return+22.23%+25.56%
3Y Return (annualized)+17.53%+17.86%
5Y Return (annualized)+12.30%+12.35%
Volatility (annualized)14.7%14.6%
Max Drawdown-60.2%-58.8%
Fund FamilyWisdomTree InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJun 16, 2006Nov 10, 2006

DTD vs VYM Performance

WisdomTree US Total Dividend Fund (DTD) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DTD returned +22.23% while VYM returned +25.56%. Year to date, DTD is up 14.52% versus a gain of 15.20% for VYM.

Over three years, DTD compounded at +17.53% per year against +17.86% for VYM; over five years the annualized figures are +12.30% and +12.35% respectively. Across the full 20-year window we track, DTD has the edge at +7.57% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DTD has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -60.2% for DTD 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

DTD charges 0.28% per year while VYM charges 0.04%. On a $10,000 position that is $28 vs $4 annually, a gap of $24 per year that compounds over a long holding period. On income, DTD currently yields 1.85% against 2.86% for VYM.

Holdings Overlap

61.0%overlap

DTD and VYM share 349 holdings out of 886 unique holdings combined, representing a 61.0% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in DTDWeight in VYMDifference
AVGO1.72%6.47%4.75%
JPM:US2.94%3.36%0.42%
XOM2.31%2.83%0.52%
JNJProProPro
WMTProProPro
CVXProProPro
ABBVProProPro
PGProProPro
HDProProPro
MRKProProPro
See all 10 holdings DTD shares with VYM
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Frequently Asked Questions

Which is cheaper, DTD or VYM?

DTD has an expense ratio of 0.28% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $24 per year of difference.

Which performed better, DTD or VYM?

Over the past year DTD returned +22.23% vs +25.56% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), DTD annualized +7.57% vs +7.05% for VYM. Past performance does not guarantee future results.

Which is riskier, DTD or VYM?

DTD has been the more volatile fund at 14.7% annualized versus 14.6% for VYM. Worst drawdown: DTD -60.2% vs VYM -58.8%.

Should I hold both DTD and VYM?

DTD and VYM have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between DTD and VYM?

DTD and VYM share 349 common holdings with a 61.0% weight overlap. Combined, they hold 886 unique securities.

Which pays a higher dividend, DTD or VYM?

DTD yields 1.85% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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