EOS 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

MetricEOSVYMWinner
Expense Ratio1.09%0.04%
AUM$850M$79.0B
Dividend Yield7.58%2.86%
Holdings96568
YTD Return-0.14%+15.80%
1Y Return-0.16%+26.12%
3Y Return (annualized)+15.10%+18.25%
5Y Return (annualized)+6.65%+12.51%
Volatility (annualized)18.2%14.6%
Max Drawdown-63.6%-58.8%
Fund FamilyEaton VanceVanguard (US)
CategoryEquityEquity
InceptionJan 26, 2005Nov 10, 2006

EOS vs VYM Performance

Eaton Vance Enhanced Equity Income Fund II (EOS) is a ETF from Eaton Vance and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EOS returned -0.16% while VYM returned +26.12%. Year to date, EOS is down 0.14% versus a gain of 15.80% for VYM.

Over three years, EOS compounded at +15.10% per year against +18.25% for VYM; over five years the annualized figures are +6.65% and +12.51% respectively. Across the full 20-year window we track, VYM has the edge at +7.07% annualized vs +2.45%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EOS has been the more volatile fund, with annualized monthly volatility of 18.2% 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 -63.6% for EOS 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EOS charges 1.09% per year while VYM charges 0.04%. On a $10,000 position that is $109 vs $4 annually, a gap of $105 per year that compounds over a long holding period. On income, EOS currently yields 7.58% against 2.86% for VYM.

Holdings Overlap

12.5%overlap

EOS and VYM share 8 holdings out of 599 unique holdings combined, representing a 12.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EOSWeight in VYMDifference
AVGO6.31%6.47%0.16%
ABBV1.90%1.80%0.10%
WMT0.83%2.44%1.61%
JNJProProPro
KOProProPro
HDProProPro
MRKProProPro
ADIProProPro
See all 8 holdings EOS 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, EOS or VYM?

EOS has an expense ratio of 1.09% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $105 per year of difference.

Which performed better, EOS or VYM?

Over the past year EOS returned -0.16% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), EOS annualized +2.45% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, EOS or VYM?

EOS has been the more volatile fund at 18.2% annualized versus 14.6% for VYM. Worst drawdown: EOS -63.6% vs VYM -58.8%.

Should I hold both EOS and VYM?

EOS and VYM have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EOS and VYM?

EOS and VYM share 8 common holdings with a 12.5% weight overlap. Combined, they hold 599 unique securities.

Which pays a higher dividend, EOS or VYM?

EOS yields 7.58% while VYM yields 2.86%, so EOS currently pays the higher dividend yield.

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