HEQQ vs VYM
HEQQ vs VYM
JPMorgan Nasdaq Hedged Equity Laddered Overlay 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 | HEQQ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.04% | |
| AUM | $30M | $79.0B | |
| Dividend Yield | 0.10% | 2.86% | |
| Holdings | 106 | 568 | |
| YTD Return | +4.66% | +15.20% | |
| 1Y Return | +12.51% | +25.56% | |
| 3Y Return (annualized) | - | +17.86% | |
| 5Y Return (annualized) | - | +12.35% | |
| Volatility (annualized) | 8.6% | 14.6% | |
| Max Drawdown | -7.6% | -58.8% | |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2025 | Nov 10, 2006 |
HEQQ vs VYM Performance
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) is a ETF from J.P. Morgan Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year HEQQ returned +12.51% while VYM returned +25.56%. Year to date, HEQQ is up 4.66% versus a gain of 15.20% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 8.6% for HEQQ. 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 -7.6% for HEQQ 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HEQQ charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, HEQQ currently yields 0.10% against 2.86% for VYM.
Holdings Overlap
HEQQ and VYM share 30 holdings out of 626 unique holdings combined, representing a 14.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HEQQ | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 3.07% | 6.47% | 3.40% |
| WMT | 3.56% | 2.44% | 1.12% |
| JNJ | 0.98% | 2.62% | 1.64% |
| XOM | Pro | Pro | Pro |
| ADI | Pro | Pro | Pro |
| STX | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| PM | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
See all 10 holdings HEQQ 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, HEQQ or VYM?
HEQQ has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, HEQQ or VYM?
Over the past year HEQQ returned +12.51% vs +25.56% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), HEQQ annualized +16.28% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, HEQQ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 8.6% for HEQQ. Worst drawdown: HEQQ -7.6% vs VYM -58.8%.
Should I hold both HEQQ and VYM?
HEQQ and VYM have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HEQQ and VYM?
HEQQ and VYM share 30 common holdings with a 14.9% weight overlap. Combined, they hold 626 unique securities.
Which pays a higher dividend, HEQQ or VYM?
HEQQ yields 0.10% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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