NUHY 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

MetricNUHYVYMWinner
Expense Ratio0.30%0.04%
AUM$110M$79.0B
Dividend Yield6.60%2.86%
Holdings376568
YTD Return+1.66%+13.24%
1Y Return+5.21%+23.76%
3Y Return (annualized)+7.94%+16.97%
5Y Return (annualized)+3.25%+12.26%
Volatility (annualized)8.4%14.6%
Max Drawdown-20.5%-58.8%
Fund FamilyNuveenVanguard (US)
CategoryFixed IncomeEquity
InceptionSep 25, 2019Nov 10, 2006

NUHY vs VYM Performance

Nuveen ESG High Yield Corporate Bond ETF (NUHY) is a ETF from Nuveen and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year NUHY returned +5.21% while VYM returned +23.76%. Year to date, NUHY is up 1.66% versus a gain of 13.24% for VYM.

Over three years, NUHY compounded at +7.94% per year against +16.97% for VYM; over five years the annualized figures are +3.25% and +12.26% respectively. Across the full 7-year window we track, VYM has the edge at +6.96% annualized vs +2.46%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 8.4% for NUHY. 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 -20.5% for NUHY 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 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NUHY charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, NUHY currently yields 6.60% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

NUHY and VYM share 0 holdings out of 872 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, NUHY or VYM?

NUHY has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, NUHY or VYM?

Over the past year NUHY returned +5.21% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), NUHY annualized +2.46% vs +6.96% for VYM. Past performance does not guarantee future results.

Which is riskier, NUHY or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 8.4% for NUHY. Worst drawdown: NUHY -20.5% vs VYM -58.8%.

Should I hold both NUHY and VYM?

NUHY and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between NUHY and VYM?

NUHY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 872 unique securities.

Which pays a higher dividend, NUHY or VYM?

NUHY yields 6.60% while VYM yields 2.86%, so NUHY currently pays the higher dividend yield.

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