USVM vs VYM

Quick Verdict

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

Lower Fees: VYMHigher Returns: USVMMore Diversified: VYM

Side-by-Side Comparison

MetricUSVMVYMWinner
Expense Ratio0.29%0.04%
AUM$1.8B$79.0B
Dividend Yield1.74%2.86%
Holdings292568
YTD Return+21.99%+15.45%
1Y Return+36.14%+26.05%
3Y Return (annualized)+19.31%+17.96%
5Y Return (annualized)+11.33%+12.54%
Volatility (annualized)20.3%14.6%
Max Drawdown-44.1%-58.8%
Fund FamilyVictory Capital Management Inc.Vanguard (US)
CategoryEquityEquity
InceptionOct 24, 2017Nov 10, 2006

USVM vs VYM Performance

VictoryShares US Small Mid Cap Value Momentum ETF (USVM) 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 USVM returned +36.14% while VYM returned +26.05%. Year to date, USVM is up 21.99% versus a gain of 15.45% for VYM.

Over three years, USVM compounded at +19.31% per year against +17.96% for VYM; over five years the annualized figures are +11.33% and +12.54% respectively. Across the full 9-year window we track, USVM has the edge at +10.66% annualized vs +7.06%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

USVM has been the more volatile fund, with annualized monthly volatility of 20.3% 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 -44.1% for USVM 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

USVM charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, USVM currently yields 1.74% against 2.86% for VYM.

Holdings Overlap

2.3%overlap

USVM and VYM share 96 holdings out of 747 unique holdings combined, representing a 2.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in USVMWeight in VYMDifference
PNW0.80%0.05%0.75%
NJR0.75%0.02%0.73%
OGS0.75%0.02%0.73%
SWXProProPro
PORProProPro
AXSProProPro
AVAProProPro
SRProProPro
GEFProProPro
EGProProPro
See all 10 holdings USVM 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, USVM or VYM?

USVM has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $25 per year of difference.

Which performed better, USVM or VYM?

Over the past year USVM returned +36.14% vs +26.05% for VYM, so USVM leads on 1-year performance. Over the longest common window we track (9 years), USVM annualized +10.66% vs +7.06% for VYM. Past performance does not guarantee future results.

Which is riskier, USVM or VYM?

USVM has been the more volatile fund at 20.3% annualized versus 14.6% for VYM. Worst drawdown: USVM -44.1% vs VYM -58.8%.

Should I hold both USVM and VYM?

USVM and VYM have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between USVM and VYM?

USVM and VYM share 96 common holdings with a 2.3% weight overlap. Combined, they hold 747 unique securities.

Which pays a higher dividend, USVM or VYM?

USVM yields 1.74% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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