FFLV vs VYM

Quick Verdict

VYM has a lower expense ratio. FFLV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: FFLVMore Diversified: VYM

Side-by-Side Comparison

MetricFFLVVYMWinner
Expense Ratio0.38%0.04%
AUM$16M$79.0B
Dividend Yield1.41%2.86%
Holdings119568
YTD Return+16.27%+13.24%
1Y Return+30.05%+23.76%
3Y Return (annualized)-+16.97%
5Y Return (annualized)-+12.26%
Volatility (annualized)12.5%14.6%
Max Drawdown-16.7%-58.8%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionFeb 9, 2024Nov 10, 2006

FFLV vs VYM Performance

Fidelity Fundamental Large Cap Value ETF (FFLV) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FFLV returned +30.05% while VYM returned +23.76%. Year to date, FFLV is up 16.27% 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 12.5% for FFLV. 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 -16.7% for FFLV 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

FFLV 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, FFLV currently yields 1.41% against 2.86% for VYM.

Holdings Overlap

22.4%overlap

FFLV and VYM share 42 holdings out of 621 unique holdings combined, representing a 22.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FFLVWeight in VYMDifference
XOM3.48%2.83%0.65%
JNJ1.81%2.62%0.81%
CSCO2.38%1.39%0.99%
WFCProProPro
BACProProPro
MRKProProPro
PGProProPro
KOProProPro
TRVProProPro
GILDProProPro
See all 10 holdings FFLV 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, FFLV or VYM?

FFLV 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, FFLV or VYM?

Over the past year FFLV returned +30.05% vs +23.76% for VYM, so FFLV leads on 1-year performance. Over the longest common window we track (2 years), FFLV annualized +17.06% vs +6.96% for VYM. Past performance does not guarantee future results.

Which is riskier, FFLV or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 12.5% for FFLV. Worst drawdown: FFLV -16.7% vs VYM -58.8%.

Should I hold both FFLV and VYM?

FFLV and VYM have a monthly-return correlation of 0.94, 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 FFLV and VYM?

FFLV and VYM share 42 common holdings with a 22.4% weight overlap. Combined, they hold 621 unique securities.

Which pays a higher dividend, FFLV or VYM?

FFLV yields 1.41% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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