VYM vs YNOT

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

MetricVYMYNOTWinner
Expense Ratio0.04%0.75%
AUM$79.0B$130M
Dividend Yield2.86%0.00%
Holdings568105
YTD Return+15.57%+15.41%
1Y Return+25.99%+25.81%
3Y Return (annualized)+18.02%-
5Y Return (annualized)+12.71%-
Volatility (annualized)14.6%24.9%
Max Drawdown-58.8%-17.3%
Fund FamilyVanguard (US)Horizon Funds
CategoryEquityEquity
InceptionNov 10, 2006Jul 9, 2025

VYM vs YNOT Performance

Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US) and Horizon Digital Frontier ETF (YNOT) is a ETF from Horizon Funds. Over the past year VYM returned +25.99% while YNOT returned +25.81%. Year to date, VYM is up 15.57% versus a gain of 15.41% for YNOT.

Risk: Volatility and Drawdowns

YNOT has been the more volatile fund, with annualized monthly volatility of 24.9% 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 -58.8% for VYM and -17.3% for YNOT. 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

VYM charges 0.04% per year while YNOT charges 0.75%. On a $10,000 position that is $4 vs $75 annually, a gap of $71 per year that compounds over a long holding period. On income, VYM currently yields 2.86% against 0.00% for YNOT.

Holdings Overlap

9.4%overlap

VYM and YNOT share 10 holdings out of 650 unique holdings combined, representing a 9.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VYMWeight in YNOTDifference
AVGO6.47%4.40%2.07%
CAT1.51%2.62%1.11%
GLW0.51%1.60%1.09%
IBMProProPro
ETNProProPro
NEMProProPro
SCCOProProPro
DELLProProPro
CMIProProPro
LHXProProPro
See all 10 holdings VYM shares with YNOT
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VYM or YNOT?

VYM has an expense ratio of 0.04% while YNOT charges 0.75%. VYM is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, VYM or YNOT?

Over the past year VYM returned +25.99% vs +25.81% for YNOT, so VYM leads on 1-year performance. Over the longest common window we track (1 years), VYM annualized +7.07% vs +28.66% for YNOT. Past performance does not guarantee future results.

Which is riskier, VYM or YNOT?

YNOT has been the more volatile fund at 24.9% annualized versus 14.6% for VYM. Worst drawdown: VYM -58.8% vs YNOT -17.3%.

Should I hold both VYM and YNOT?

VYM and YNOT have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VYM and YNOT?

VYM and YNOT share 10 common holdings with a 9.4% weight overlap. Combined, they hold 650 unique securities.

Which pays a higher dividend, VYM or YNOT?

VYM yields 2.86% while YNOT yields 0.00%, so VYM currently pays the higher dividend yield.

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