EVTR vs VYM
EVTR vs VYM
Eaton Vance Total Return Bond 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 | EVTR | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.32% | 0.04% | |
| AUM | $5.7B | $79.0B | |
| Dividend Yield | 4.64% | 2.86% | |
| Holdings | 666 | 568 | |
| YTD Return | -0.75% | +13.24% | |
| 1Y Return | +2.74% | +23.76% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +12.26% | |
| Volatility (annualized) | 4.5% | 14.6% | |
| Max Drawdown | -4.1% | -58.8% | |
| Fund Family | Eaton Vance | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 25, 2024 | Nov 10, 2006 |
EVTR vs VYM Performance
Eaton Vance Total Return Bond ETF (EVTR) is a ETF from Eaton Vance and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EVTR returned +2.74% while VYM returned +23.76%. Year to date, EVTR is down 0.75% versus a gain of 13.24% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 4.5% for EVTR. 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 -4.1% for EVTR 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
EVTR charges 0.32% per year while VYM charges 0.04%. On a $10,000 position that is $32 vs $4 annually, a gap of $28 per year that compounds over a long holding period. On income, EVTR currently yields 4.64% against 2.86% for VYM.
Holdings Overlap
EVTR and VYM share 0 holdings out of 798 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, EVTR or VYM?
EVTR has an expense ratio of 0.32% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, EVTR or VYM?
Over the past year EVTR returned +2.74% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), EVTR annualized +4.77% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, EVTR or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 4.5% for EVTR. Worst drawdown: EVTR -4.1% vs VYM -58.8%.
Should I hold both EVTR and VYM?
EVTR 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 EVTR and VYM?
EVTR and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 798 unique securities.
Which pays a higher dividend, EVTR or VYM?
EVTR yields 4.64% while VYM yields 2.86%, so EVTR currently pays the higher dividend yield.
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