DVAL vs VYM
DVAL vs VYM
BrandywineGLOBAL-Dynamic US Large Cap Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | DVAL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.04% | |
| AUM | $71M | $79.0B | |
| Dividend Yield | 1.83% | 2.86% | |
| Holdings | 115 | 568 | |
| YTD Return | +15.01% | +15.80% | |
| 1Y Return | +20.24% | +26.12% | |
| 3Y Return (annualized) | +14.32% | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 12.7% | 14.6% | |
| Max Drawdown | -15.9% | -58.8% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 27, 2006 | Nov 10, 2006 |
DVAL vs VYM Performance
BrandywineGLOBAL-Dynamic US Large Cap Value ETF (DVAL) is a ETF from Franklin Templeton Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DVAL returned +20.24% while VYM returned +26.12%. Year to date, DVAL is up 15.01% versus a gain of 15.80% for VYM.
Over three years, DVAL compounded at +14.32% per year against +18.25% for VYM. Across the full 4-year window we track, DVAL has the edge at +13.51% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.7% for DVAL. 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 -15.9% for DVAL 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DVAL charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, DVAL currently yields 1.83% against 2.86% for VYM.
Holdings Overlap
DVAL and VYM share 64 holdings out of 607 unique holdings combined, representing a 20.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DVAL | Weight in VYM | Difference |
|---|---|---|---|
| JPM:US | 4.39% | 3.36% | 1.03% |
| CSCO | 4.52% | 1.39% | 3.13% |
| BAC | 4.16% | 1.39% | 2.77% |
| WFC | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| UPS | Pro | Pro | Pro |
| T | Pro | Pro | Pro |
See all 10 holdings DVAL shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DVAL or VYM?
DVAL has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, DVAL or VYM?
Over the past year DVAL returned +20.24% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), DVAL annualized +13.51% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, DVAL or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 12.7% for DVAL. Worst drawdown: DVAL -15.9% vs VYM -58.8%.
Should I hold both DVAL and VYM?
DVAL and VYM have a monthly-return correlation of 0.91, 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 DVAL and VYM?
DVAL and VYM share 64 common holdings with a 20.5% weight overlap. Combined, they hold 607 unique securities.
Which pays a higher dividend, DVAL or VYM?
DVAL yields 1.83% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.