AVMV vs VYM
Avantis US Mid Cap Value ETF vs Vanguard High Dividend Yield ETF
Which is better, AVMV or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. AVMV led over 3Y, VYM over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. AVMV is less concentrated, with 12.3% of the fund in its ten largest positions against 25.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVMV | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $782M | $78.9B |
| Dividend Yield | 1.15% | 2.37% |
| Holdings | 597 | 608 |
| YTD Return | +8.45% | +11.83%Best |
| 1Y Return | +15.38% | +15.96%Best |
| 3Y Return (annualized) | +19.02%Best | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 15.3% | 10.7%Best |
| Max Drawdown | -24.2% | -14.5%Best |
| $10,000 over 2.9 years | $16,569 | $16,898Best |
| Top 10 Weight | 12.3%Best | 25.8% |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Nov 7, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Oct 14, 2026 (2.9 years).
AVMV vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
AVMV vs VYM Performance
Avantis US Mid Cap Value ETF (AVMV) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVMV returned +15.38% while VYM returned +15.96%. Year to date, AVMV is up 8.45% versus a gain of 11.83% for VYM.
Over three years, AVMV compounded at +19.02% per year against +18.60% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVMV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.7% 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 -24.2% for AVMV and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVMV 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, AVMV currently yields 1.15% against 2.37% for VYM.
Holdings Overlap
51.6% of AVMV's money is in holdings VYM also owns. 10.2% of VYM's money is in holdings AVMV also owns.
The two portfolios partly overlap.
148 positions in common, counted across the 287 positions we hold weights for in AVMV and 602 in VYM, against full books of 597 and 608.
What only one of them owns
Our book lists 426 positions for VYM that do not appear in our book for AVMV (87.7% of the fund), and 128 for AVMV that do not appear in VYM (45.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AVMV | Weight in VYM | Difference |
|---|---|---|---|
| DVNDevon Energy Corp. | 1.63% | 0.22% | 1.41% |
| FASTFastenal Co. | 1.20% | 0.23% | 0.97% |
| AMPAmeriprise Financial Inc | 1.14% | 0.20% | 0.94% |
| STTState Street Corp. | 1.12% | 0.21% | 0.91% |
| TRGPTarga Resources Corp Preferred | 1.08% | 0.25% | 0.83% |
| TGTTARGET CORP | 1.04% | 0.29% | 0.75% |
| NUENucor Corp. | 1.08% | 0.22% | 0.86% |
| PRUPrudential Financial Inc | 1.05% | 0.16% | 0.89% |
| AIGAmerican International Gr | 1.03% | 0.16% | 0.87% |
| OXYOccidental Petroleum Corp. | 0.94% | 0.18% | 0.76% |
51.6% of AVMV is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVMV or VYM?
AVMV has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, AVMV or VYM?
Over the past year AVMV returned +15.38% vs +15.96% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVMV or VYM?
AVMV has been the more volatile fund at 15.3% annualized versus 10.7% for VYM. Worst drawdown: AVMV -24.2% vs VYM -14.5%.
Should I hold both AVMV and VYM?
AVMV and VYM have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVMV and VYM?
51.6% of AVMV's money is in holdings VYM also owns. 10.2% of VYM's is in holdings AVMV also owns. They hold 148 positions in common, counted across the 287 positions we hold weights for in AVMV and 602 in VYM.
Which pays a higher dividend, AVMV or VYM?
AVMV yields 1.15% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than AVMV?
VYM has a lower expense ratio. AVMV led over 3Y, VYM over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. AVMV is less concentrated, with 12.3% of the fund in its ten largest positions against 25.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.