ULVM vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: ULVMMore Diversified: VYM

Side-by-Side Comparison

MetricULVMVYMWinner
Expense Ratio0.20%0.04%
AUM$266M$79.0B
Dividend Yield1.63%2.86%
Holdings127568
YTD Return+19.77%+15.80%
1Y Return+30.73%+26.12%
3Y Return (annualized)+21.24%+18.25%
5Y Return (annualized)+12.39%+12.51%
Volatility (annualized)17.0%14.6%
Max Drawdown-40.8%-58.8%
Fund FamilyVictory Capital Management Inc.Vanguard (US)
CategoryEquityEquity
InceptionOct 24, 2017Nov 10, 2006

ULVM vs VYM Performance

VictoryShares US Value Momentum ETF (ULVM) is a ETF from Victory Capital Management Inc. and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year ULVM returned +30.73% while VYM returned +26.12%. Year to date, ULVM is up 19.77% versus a gain of 15.80% for VYM.

Over three years, ULVM compounded at +21.24% per year against +18.25% for VYM; over five years the annualized figures are +12.39% and +12.51% respectively. Across the full 9-year window we track, ULVM has the edge at +10.59% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ULVM has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -40.8% for ULVM 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

ULVM charges 0.20% per year while VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, ULVM currently yields 1.63% against 2.86% for VYM.

Holdings Overlap

21.4%overlap

ULVM and VYM share 71 holdings out of 611 unique holdings combined, representing a 21.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ULVMWeight in VYMDifference
JNJ1.59%2.62%1.03%
XOM0.92%2.83%1.91%
BAC1.20%1.39%0.19%
CATProProPro
WFCProProPro
CBProProPro
GSProProPro
VZProProPro
GILDProProPro
ATOProProPro
See all 10 holdings ULVM 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, ULVM or VYM?

ULVM has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which performed better, ULVM or VYM?

Over the past year ULVM returned +30.73% vs +26.12% for VYM, so ULVM leads on 1-year performance. Over the longest common window we track (9 years), ULVM annualized +10.59% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, ULVM or VYM?

ULVM has been the more volatile fund at 17.0% annualized versus 14.6% for VYM. Worst drawdown: ULVM -40.8% vs VYM -58.8%.

Should I hold both ULVM and VYM?

ULVM and VYM have a monthly-return correlation of 0.96, 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 ULVM and VYM?

ULVM and VYM share 71 common holdings with a 21.4% weight overlap. Combined, they hold 611 unique securities.

Which pays a higher dividend, ULVM or VYM?

ULVM yields 1.63% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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