EZM vs VYM
EZM vs VYM
WisdomTree US MidCap Fund vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. EZM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | EZM | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.04% | |
| AUM | $940M | $79.0B | |
| Dividend Yield | 1.21% | 2.86% | |
| Holdings | 509 | 568 | |
| YTD Return | +16.24% | +15.57% | |
| 1Y Return | +26.21% | +25.99% | |
| 3Y Return (annualized) | +13.64% | +18.02% | |
| 5Y Return (annualized) | +9.76% | +12.71% | |
| Volatility (annualized) | 20.1% | 14.6% | |
| Max Drawdown | -60.6% | -58.8% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2007 | Nov 10, 2006 |
EZM vs VYM Performance
WisdomTree US MidCap Fund (EZM) is a ETF from WisdomTree Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year EZM returned +26.21% while VYM returned +25.99%. Year to date, EZM is up 16.24% versus a gain of 15.57% for VYM.
Over three years, EZM compounded at +13.64% per year against +18.02% for VYM; over five years the annualized figures are +9.76% and +12.71% respectively. Across the full 19-year window we track, EZM has the edge at +8.63% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EZM has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -60.6% for EZM 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EZM charges 0.38% per year while VYM charges 0.04%. On a $10,000 position that is $38 vs $4 annually, a gap of $34 per year that compounds over a long holding period. On income, EZM currently yields 1.21% against 2.86% for VYM.
Holdings Overlap
EZM and VYM share 145 holdings out of 915 unique holdings combined, representing a 4.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EZM | Weight in VYM | Difference |
|---|---|---|---|
| VTRS | 1.31% | 0.08% | 1.23% |
| CF | 1.10% | 0.07% | 1.03% |
| OVV | 0.84% | 0.06% | 0.78% |
| BWA | Pro | Pro | Pro |
| JXN | Pro | Pro | Pro |
| MTDR | Pro | Pro | Pro |
| ACI | Pro | Pro | Pro |
| LNC | Pro | Pro | Pro |
| BEN | Pro | Pro | Pro |
| OAS | Pro | Pro | Pro |
See all 10 holdings EZM 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, EZM or VYM?
EZM has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, EZM or VYM?
Over the past year EZM returned +26.21% vs +25.99% for VYM, so EZM leads on 1-year performance. Over the longest common window we track (19 years), EZM annualized +8.63% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, EZM or VYM?
EZM has been the more volatile fund at 20.1% annualized versus 14.6% for VYM. Worst drawdown: EZM -60.6% vs VYM -58.8%.
Should I hold both EZM and VYM?
EZM and VYM have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EZM and VYM?
EZM and VYM share 145 common holdings with a 4.5% weight overlap. Combined, they hold 915 unique securities.
Which pays a higher dividend, EZM or VYM?
EZM yields 1.21% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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