EMNT vs VYM
EMNT vs VYM
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund 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 | EMNT | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.04% | |
| AUM | $212M | $79.0B | |
| Dividend Yield | 4.05% | 2.86% | |
| Holdings | 225 | 568 | |
| YTD Return | +2.06% | +15.20% | |
| 1Y Return | +3.95% | +25.56% | |
| 3Y Return (annualized) | +5.04% | +17.86% | |
| 5Y Return (annualized) | +3.52% | +12.35% | |
| Volatility (annualized) | 1.2% | 14.6% | |
| Max Drawdown | -2.4% | -58.8% | |
| Fund Family | PIMCO (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 10, 2019 | Nov 10, 2006 |
EMNT vs VYM Performance
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is a ETF from PIMCO (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EMNT returned +3.95% while VYM returned +25.56%. Year to date, EMNT is up 2.06% versus a gain of 15.20% for VYM.
Over three years, EMNT compounded at +5.04% per year against +17.86% for VYM; over five years the annualized figures are +3.52% and +12.35% respectively. Across the full 7-year window we track, VYM has the edge at +7.05% annualized vs +2.78%. 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 1.2% for EMNT. 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 -2.4% for EMNT 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMNT charges 0.24% per year while VYM charges 0.04%. On a $10,000 position that is $24 vs $4 annually, a gap of $20 per year that compounds over a long holding period. On income, EMNT currently yields 4.05% against 2.86% for VYM.
Holdings Overlap
EMNT and VYM share 0 holdings out of 678 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, EMNT or VYM?
EMNT has an expense ratio of 0.24% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, EMNT or VYM?
Over the past year EMNT returned +3.95% vs +25.56% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), EMNT annualized +2.78% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, EMNT or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 1.2% for EMNT. Worst drawdown: EMNT -2.4% vs VYM -58.8%.
Should I hold both EMNT and VYM?
EMNT and VYM have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMNT and VYM?
EMNT and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 678 unique securities.
Which pays a higher dividend, EMNT or VYM?
EMNT yields 4.05% while VYM yields 2.86%, so EMNT currently pays the higher dividend yield.
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