NACP vs VYM
NACP vs VYM
Impact Shares NAACP Minority Empowerment ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. NACP delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | NACP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.04% | |
| AUM | $73M | $79.0B | |
| Dividend Yield | 2.76% | 2.86% | |
| Holdings | 203 | 568 | |
| YTD Return | +20.48% | +15.45% | |
| 1Y Return | +39.16% | +26.05% | |
| 3Y Return (annualized) | +24.80% | +17.96% | |
| 5Y Return (annualized) | +14.88% | +12.54% | |
| Volatility (annualized) | 17.7% | 14.6% | |
| Max Drawdown | -31.0% | -58.8% | |
| Fund Family | Impact shares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 12, 2018 | Nov 10, 2006 |
NACP vs VYM Performance
Impact Shares NAACP Minority Empowerment ETF (NACP) is a ETF from Impact shares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year NACP returned +39.16% while VYM returned +26.05%. Year to date, NACP is up 20.48% versus a gain of 15.45% for VYM.
Over three years, NACP compounded at +24.80% per year against +17.96% for VYM; over five years the annualized figures are +14.88% and +12.54% respectively. Across the full 8-year window we track, NACP has the edge at +16.42% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NACP has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -31.0% for NACP 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NACP charges 0.49% per year while VYM charges 0.04%. On a $10,000 position that is $49 vs $4 annually, a gap of $45 per year that compounds over a long holding period. On income, NACP currently yields 2.76% against 2.86% for VYM.
Holdings Overlap
NACP and VYM share 109 holdings out of 651 unique holdings combined, representing a 36.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NACP | Weight in VYM | Difference |
|---|---|---|---|
| JPM | 2.46% | 3.36% | 0.90% |
| XOM | 1.64% | 2.83% | 1.19% |
| JNJ | 1.66% | 2.62% | 0.96% |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
See all 10 holdings NACP 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, NACP or VYM?
NACP has an expense ratio of 0.49% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, NACP or VYM?
Over the past year NACP returned +39.16% vs +26.05% for VYM, so NACP leads on 1-year performance. Over the longest common window we track (8 years), NACP annualized +16.42% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, NACP or VYM?
NACP has been the more volatile fund at 17.7% annualized versus 14.6% for VYM. Worst drawdown: NACP -31.0% vs VYM -58.8%.
Should I hold both NACP and VYM?
NACP and VYM have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NACP and VYM?
NACP and VYM share 109 common holdings with a 36.9% weight overlap. Combined, they hold 651 unique securities.
Which pays a higher dividend, NACP or VYM?
NACP yields 2.76% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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