UDOW vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: UDOWMore Diversified: VYM

Side-by-Side Comparison

MetricUDOWVYMWinner
Expense Ratio0.95%0.04%
AUM$827M$79.0B
Dividend Yield1.10%2.86%
Holdings42568
YTD Return+29.93%+15.80%
1Y Return+66.72%+26.12%
3Y Return (annualized)+35.27%+18.25%
5Y Return (annualized)+15.95%+12.51%
Volatility (annualized)43.9%14.6%
Max Drawdown-80.3%-58.8%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionFeb 9, 2010Nov 10, 2006

UDOW vs VYM Performance

ProShares UltraPro Dow30 (UDOW) is a ETF from ProShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year UDOW returned +66.72% while VYM returned +26.12%. Year to date, UDOW is up 29.93% versus a gain of 15.80% for VYM.

Over three years, UDOW compounded at +35.27% per year against +18.25% for VYM; over five years the annualized figures are +15.95% and +12.51% respectively. Across the full 17-year window we track, UDOW has the edge at +26.56% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

UDOW has been the more volatile fund, with annualized monthly volatility of 43.9% 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 -80.3% for UDOW 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

UDOW charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, UDOW currently yields 1.10% against 2.86% for VYM.

Holdings Overlap

16.8%overlap

UDOW and VYM share 18 holdings out of 571 unique holdings combined, representing a 16.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in UDOWWeight in VYMDifference
GS6.07%1.05%5.02%
CAT5.58%1.51%4.07%
JPM:US1.94%3.36%1.42%
JNJProProPro
HDProProPro
UNHProProPro
WMTProProPro
AMGNProProPro
IBMProProPro
MCDProProPro
See all 10 holdings UDOW 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, UDOW or VYM?

UDOW has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $91 per year of difference.

Which performed better, UDOW or VYM?

Over the past year UDOW returned +66.72% vs +26.12% for VYM, so UDOW leads on 1-year performance. Over the longest common window we track (17 years), UDOW annualized +26.56% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, UDOW or VYM?

UDOW has been the more volatile fund at 43.9% annualized versus 14.6% for VYM. Worst drawdown: UDOW -80.3% vs VYM -58.8%.

Should I hold both UDOW and VYM?

UDOW and VYM have a monthly-return correlation of 0.95, 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 UDOW and VYM?

UDOW and VYM share 18 common holdings with a 16.8% weight overlap. Combined, they hold 571 unique securities.

Which pays a higher dividend, UDOW or VYM?

UDOW yields 1.10% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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