DIVE vs VYM
Dana Concentrated Dividend ETF vs Vanguard High Dividend Yield ETF
Which is better, DIVE or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 46.4%.
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 | DIVE | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $47M | $78.9B |
| Dividend Yield | 1.33% | 2.37% |
| Holdings | 72 | 608 |
| YTD Return | +8.34% | +11.83%Best |
| 1Y Return | +12.05% | +15.96%Best |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 13.8% | 10.8%Best |
| Max Drawdown | -11.4% | -6.7%Best |
| $10,000 over 1.1 years | $11,183 | $11,675Best |
| Top 10 Weight | 46.4% | 25.8%Best |
| Fund Family | Dana Investment Advisors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 15, 2025 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 16, 2025 to Oct 14, 2026 (1.1 years).
DIVE 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 1.1 years both funds cover.
DIVE vs VYM Performance
Dana Concentrated Dividend ETF (DIVE) is an ETF from Dana Investment Advisors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DIVE returned +12.05% while VYM returned +15.96%. Year to date, DIVE is up 8.34% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVE has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 10.8% 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 -11.4% for DIVE and -6.7% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVE charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, DIVE currently yields 1.33% against 2.37% for VYM.
Holdings Overlap
58.7% of DIVE's money is in holdings VYM also owns. 12.0% of VYM's money is in holdings DIVE also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 35 positions we hold weights for in DIVE and 602 in VYM, against full books of 72 and 608.
What only one of them owns
Our book lists 554 positions for VYM that do not appear in our book for DIVE (85.9% of the fund), and 16 for DIVE that do not appear in VYM (41.1%).
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 DIVE | Weight in VYM | Difference |
|---|---|---|---|
| PMPhilip Morris International Inc. | 6.53% | 1.18% | 5.35% |
| ABBVAbbvie Inc. | 3.56% | 1.83% | 1.73% |
| KDPKeurig Dr Pepper, Inc. | 4.57% | 0.17% | 4.40% |
| COFCapital One Financial Corp. | 4.19% | 0.54% | 3.65% |
| ELVElevance Health Inc | 4.34% | 0.33% | 4.01% |
| WFCWells Fargo & Co. | 3.12% | 1.07% | 2.05% |
| MRKMerck & Company Inc | 2.47% | 1.47% | 1.00% |
| ACNAccenture Plc | 3.20% | 0.47% | 2.73% |
| GPCGenuine Parts Co | 3.54% | 0.08% | 3.46% |
| NEENextera Energy Inc | 2.61% | 0.69% | 1.92% |
58.7% of DIVE 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, DIVE or VYM?
DIVE has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, DIVE or VYM?
Over the past year DIVE returned +12.05% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), DIVE annualized +10.70% vs +15.12% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVE or VYM?
DIVE has been the more volatile fund at 13.8% annualized versus 10.8% for VYM. Worst drawdown: DIVE -11.4% vs VYM -6.7%.
Should I hold both DIVE and VYM?
DIVE and VYM have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DIVE and VYM?
58.7% of DIVE's money is in holdings VYM also owns. 12.0% of VYM's is in holdings DIVE also owns. They hold 19 positions in common, counted across the 35 positions we hold weights for in DIVE and 602 in VYM.
Which pays a higher dividend, DIVE or VYM?
DIVE yields 1.33% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than DIVE?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 46.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.