VONV vs VYM
VONV vs VYM
Vanguard Russell 1000 Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VONV delivered stronger 1-year returns. VONV offers more diversification with 863 holdings.
Side-by-Side Comparison
| Metric | VONV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.04% | |
| AUM | $19.9B | $79.0B | |
| Dividend Yield | 1.99% | 2.86% | |
| Holdings | 868 | 568 | |
| YTD Return | +21.68% | +15.45% | |
| 1Y Return | +33.96% | +26.05% | |
| 3Y Return (annualized) | +18.95% | +17.96% | |
| 5Y Return (annualized) | +12.11% | +12.54% | |
| Volatility (annualized) | 14.4% | 14.6% | |
| Max Drawdown | -38.2% | -58.8% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2010 | Nov 10, 2006 |
VONV vs VYM Performance
Vanguard Russell 1000 Value ETF (VONV) is a ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year VONV returned +33.96% while VYM returned +26.05%. Year to date, VONV is up 21.68% versus a gain of 15.45% for VYM.
Over three years, VONV compounded at +18.95% per year against +17.96% for VYM; over five years the annualized figures are +12.11% and +12.54% respectively. Across the full 16-year window we track, VONV has the edge at +10.54% annualized vs +7.06%. 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 14.4% for VONV. 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 -38.2% for VONV 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VONV charges 0.06% per year while VYM charges 0.04%. On a $10,000 position that is $6 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, VONV currently yields 1.99% against 2.86% for VYM.
Holdings Overlap
VONV and VYM share 352 holdings out of 1069 unique holdings combined, representing a 53.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in VONV | Weight in VYM | Difference |
|---|---|---|---|
| JPM | 2.44% | 3.36% | 0.92% |
| XOM | 1.98% | 2.83% | 0.85% |
| JNJ | 1.68% | 2.62% | 0.94% |
| WMT | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
See all 10 holdings VONV 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, VONV or VYM?
VONV has an expense ratio of 0.06% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, VONV or VYM?
Over the past year VONV returned +33.96% vs +26.05% for VYM, so VONV leads on 1-year performance. Over the longest common window we track (16 years), VONV annualized +10.54% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, VONV or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.4% for VONV. Worst drawdown: VONV -38.2% vs VYM -58.8%.
Should I hold both VONV and VYM?
VONV and VYM have a monthly-return correlation of 0.97, 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 VONV and VYM?
VONV and VYM share 352 common holdings with a 53.6% weight overlap. Combined, they hold 1069 unique securities.
Which pays a higher dividend, VONV or VYM?
VONV yields 1.99% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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