MOAT vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricMOATVYMWinner
Expense Ratio0.46%0.04%
AUM$11.7B$79.0B
Dividend Yield1.35%2.86%
Holdings59568
YTD Return+7.42%+15.57%
1Y Return+14.66%+25.99%
3Y Return (annualized)+11.75%+18.02%
5Y Return (annualized)+9.11%+12.71%
Volatility (annualized)154573.1%14.6%
Max Drawdown-96.0%-58.8%
Fund FamilyVanEckVanguard (US)
CategoryEquityEquity
InceptionApr 24, 2012Nov 10, 2006

MOAT vs VYM Performance

VanEck Morningstar Wide Moat ETF (MOAT) is a ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MOAT returned +14.66% while VYM returned +25.99%. Year to date, MOAT is up 7.42% versus a gain of 15.57% for VYM.

Over three years, MOAT compounded at +11.75% per year against +18.02% for VYM; over five years the annualized figures are +9.11% and +12.71% respectively. Across the full 19-year window we track, MOAT has the edge at +52.38% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MOAT has been the more volatile fund, with annualized monthly volatility of 154573.1% 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 -96.0% for MOAT 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MOAT charges 0.46% per year while VYM charges 0.04%. On a $10,000 position that is $46 vs $4 annually, a gap of $42 per year that compounds over a long holding period. On income, MOAT currently yields 1.35% against 2.86% for VYM.

Holdings Overlap

7.3%overlap

MOAT and VYM share 20 holdings out of 593 unique holdings combined, representing a 7.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MOATWeight in VYMDifference
AVGO2.52%6.47%3.95%
BMY2.60%0.56%2.04%
MAS2.81%0.07%2.74%
MDLZProProPro
KVUEProProPro
BFAProProPro
OTISProProPro
NKEProProPro
ELProProPro
CLXProProPro
See all 10 holdings MOAT 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, MOAT or VYM?

MOAT has an expense ratio of 0.46% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $42 per year of difference.

Which performed better, MOAT or VYM?

Over the past year MOAT returned +14.66% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (19 years), MOAT annualized +52.38% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, MOAT or VYM?

MOAT has been the more volatile fund at 154573.1% annualized versus 14.6% for VYM. Worst drawdown: MOAT -96.0% vs VYM -58.8%.

Should I hold both MOAT and VYM?

MOAT and VYM have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MOAT and VYM?

MOAT and VYM share 20 common holdings with a 7.3% weight overlap. Combined, they hold 593 unique securities.

Which pays a higher dividend, MOAT or VYM?

MOAT yields 1.35% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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