JIII vs VYM
JIII vs VYM
Janus Henderson Income 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 | JIII | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.54% | 0.04% | |
| AUM | $171M | $79.0B | |
| Dividend Yield | 7.81% | 2.86% | |
| Holdings | 436 | 568 | |
| YTD Return | +1.17% | +13.24% | |
| 1Y Return | +4.97% | +23.76% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +12.26% | |
| Volatility (annualized) | 2.6% | 14.6% | |
| Max Drawdown | -3.5% | -58.8% | |
| Fund Family | Janus Henderson Investors | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 12, 2024 | Nov 10, 2006 |
JIII vs VYM Performance
Janus Henderson Income ETF (JIII) is a ETF from Janus Henderson Investors and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year JIII returned +4.97% while VYM returned +23.76%. Year to date, JIII is up 1.17% 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 2.6% for JIII. 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 -3.5% for JIII 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JIII charges 0.54% per year while VYM charges 0.04%. On a $10,000 position that is $54 vs $4 annually, a gap of $50 per year that compounds over a long holding period. On income, JIII currently yields 7.81% against 2.86% for VYM.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, JIII or VYM?
JIII has an expense ratio of 0.54% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, JIII or VYM?
Over the past year JIII returned +4.97% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), JIII annualized +5.82% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, JIII or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 2.6% for JIII. Worst drawdown: JIII -3.5% vs VYM -58.8%.
Should I hold both JIII and VYM?
JIII and VYM have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JIII and VYM?
JIII and VYM share 2 common holdings with a 0.2% weight overlap. Combined, they hold 711 unique securities.
Which pays a higher dividend, JIII or VYM?
JIII yields 7.81% while VYM yields 2.86%, so JIII currently pays the higher dividend yield.
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