DSMC vs VYM
Distillate Small/Mid Cash Flow ETF vs Vanguard High Dividend Yield ETF
Which is better, DSMC or VYM?
Small Cap Value against Large Cap Value.
VYM has a lower expense ratio. DSMC led over 1Y, VYM over 3Y and the full window. DSMC is less concentrated, with 11.3% 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 | DSMC | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $143M | $78.9B |
| Dividend Yield | 1.20% | 2.37% |
| Holdings | 304 | 608 |
| YTD Return | +21.09%Best | +11.83% |
| 1Y Return | +23.78%Best | +15.96% |
| 3Y Return (annualized) | +13.80% | +18.60%Best |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 17.0% | 11.2%Best |
| Max Drawdown | -28.6% | -14.5%Best |
| $10,000 over 3.2 years | $14,062 | $16,035Best |
| Top 10 Weight | 11.3%Best | 25.8% |
| Fund Family | Distillate Capital Etfs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Oct 5, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 9, 2023 to Oct 14, 2026 (3.2 years).
DSMC 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 3.2 years both funds cover.
DSMC vs VYM Performance
Distillate Small/Mid Cash Flow ETF (DSMC) is an ETF from Distillate Capital Etfs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DSMC returned +23.78% while VYM returned +15.96%. Year to date, DSMC is up 21.09% versus a gain of 11.83% for VYM.
Over three years, DSMC compounded at +13.80% per year against +18.60% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DSMC has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 11.2% 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 -28.6% for DSMC 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DSMC charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, DSMC currently yields 1.20% against 2.37% for VYM.
Holdings Overlap
33.2% of DSMC's money is in holdings VYM also owns. 1.0% of VYM's money is in holdings DSMC also owns.
The two portfolios partly overlap.
45 positions in common, counted across the 151 positions we hold weights for in DSMC and 602 in VYM, against full books of 304 and 608.
What only one of them owns
Our book lists 530 positions for VYM that do not appear in our book for DSMC (96.9% of the fund), and 103 for DSMC that do not appear in VYM (65.1%).
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 DSMC | Weight in VYM | Difference |
|---|---|---|---|
| SWKSSkyworks Solutions Inc. | 1.49% | 0.04% | 1.45% |
| IVZInvesco Ltd | 1.14% | 0.05% | 1.09% |
| APAApa Corp | 1.11% | 0.06% | 1.05% |
| MASMasco Corp. | 1.01% | 0.06% | 0.95% |
| GAPGap Inc | 1.00% | 0.02% | 0.98% |
| OCOwens Corning | 0.96% | 0.04% | 0.92% |
| SIG:LNSignet Jewelers Limited Common Shares | 0.92% | 0.01% | 0.91% |
| LKQLkq Corp. | 0.90% | 0.03% | 0.87% |
| OASChord Energy Corp | 0.87% | 0.03% | 0.84% |
| DDSDillard's Inc | 0.88% | 0.01% | 0.87% |
33.2% of DSMC 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, DSMC or VYM?
DSMC has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, DSMC or VYM?
Over the past year DSMC returned +23.78% vs +15.96% for VYM, so DSMC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSMC or VYM?
DSMC has been the more volatile fund at 17.0% annualized versus 11.2% for VYM. Worst drawdown: DSMC -28.6% vs VYM -14.5%.
Should I hold both DSMC and VYM?
DSMC 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 DSMC and VYM?
33.2% of DSMC's money is in holdings VYM also owns. 1.0% of VYM's is in holdings DSMC also owns. They hold 45 positions in common, counted across the 151 positions we hold weights for in DSMC and 602 in VYM.
Which pays a higher dividend, DSMC or VYM?
DSMC yields 1.20% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than DSMC?
VYM has a lower expense ratio. DSMC led over 1Y, VYM over 3Y and the full window. DSMC is less concentrated, with 11.3% 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.