MDYV vs VYM
MDYV vs VYM
State Street SPDR S&P 400 Mid Cap Value 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 | MDYV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.04% | |
| AUM | $2.8B | $79.0B | |
| Dividend Yield | 1.68% | 2.86% | |
| Holdings | 304 | 568 | |
| YTD Return | +13.08% | +15.20% | |
| 1Y Return | +22.91% | +25.56% | |
| 3Y Return (annualized) | +12.36% | +17.86% | |
| 5Y Return (annualized) | +8.97% | +12.35% | |
| Volatility (annualized) | 19.0% | 14.6% | |
| Max Drawdown | -62.6% | -58.8% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 8, 2005 | Nov 10, 2006 |
MDYV vs VYM Performance
State Street SPDR S&P 400 Mid Cap Value ETF (MDYV) is a ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MDYV returned +22.91% while VYM returned +25.56%. Year to date, MDYV is up 13.08% versus a gain of 15.20% for VYM.
Over three years, MDYV compounded at +12.36% per year against +17.86% for VYM; over five years the annualized figures are +8.97% and +12.35% respectively. Across the full 20-year window we track, MDYV has the edge at +7.06% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MDYV has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -62.6% for MDYV 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MDYV charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, MDYV currently yields 1.68% against 2.86% for VYM.
Holdings Overlap
MDYV and VYM share 120 holdings out of 741 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MDYV | Weight in VYM | Difference |
|---|---|---|---|
| RS | 1.13% | 0.07% | 1.06% |
| OVV | 1.01% | 0.06% | 0.95% |
| PR | 0.95% | 0.06% | 0.89% |
| WSO | Pro | Pro | Pro |
| RGA | Pro | Pro | Pro |
| FNF | Pro | Pro | Pro |
| ALLY | Pro | Pro | Pro |
| UNM | Pro | Pro | Pro |
| BWA | Pro | Pro | Pro |
| WBS.PR.G | Pro | Pro | Pro |
See all 10 holdings MDYV 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, MDYV or VYM?
MDYV has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, MDYV or VYM?
Over the past year MDYV returned +22.91% vs +25.56% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), MDYV annualized +7.06% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, MDYV or VYM?
MDYV has been the more volatile fund at 19.0% annualized versus 14.6% for VYM. Worst drawdown: MDYV -62.6% vs VYM -58.8%.
Should I hold both MDYV and VYM?
MDYV and VYM have a monthly-return correlation of 0.91, 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 MDYV and VYM?
MDYV and VYM share 120 common holdings with a 3.8% weight overlap. Combined, they hold 741 unique securities.
Which pays a higher dividend, MDYV or VYM?
MDYV yields 1.68% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.