FENY vs VYM
Fidelity MSCI Energy Index ETF vs Vanguard High Dividend Yield ETF
Which is better, FENY or VYM?
Each has led over a different period.
VYM has a lower expense ratio. FENY led over 1Y and 5Y, VYM over 3Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 67.2%.
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 | FENY | VYM |
|---|---|---|
| Expense Ratio | 0.08% | 0.04%Best |
| AUM | $2.1B | $78.9B |
| Dividend Yield | 2.32% | 2.37% |
| Holdings | 202 | 608 |
| YTD Return | +49.32%Best | +11.83% |
| 1Y Return | +58.68%Best | +15.96% |
| 3Y Return (annualized) | +17.75% | +18.60%Best |
| 5Y Return (annualized) | +22.58%Best | +11.51% |
| Volatility (annualized) | 28.7% | 13.5%Best |
| Max Drawdown | -78.9% | -35.7%Best |
| $10,000 over 5 years | $27,676Best | $17,241 |
| Top 10 Weight | 67.2% | 25.8%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 21, 2013 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Oct 14, 2026 (13 years).
FENY 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 13 years both funds cover.
FENY vs VYM Performance
Fidelity MSCI Energy Index ETF (FENY) is an ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FENY returned +58.68% while VYM returned +15.96%. Year to date, FENY is up 49.32% versus a gain of 11.83% for VYM.
Over three years, FENY compounded at +17.75% per year against +18.60% for VYM; over five years the annualized figures are +22.58% and +11.51% respectively. Across the full 13-year window we track, VYM has the edge at +9.21% annualized vs +4.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FENY has been the more volatile fund, with annualized monthly volatility of 28.7% compared with 13.5% 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 -78.9% for FENY and -35.7% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FENY charges 0.08% per year while VYM charges 0.04%. On a $10,000 position that is $8 vs $4 annually, a gap of $4 per year that compounds over a long holding period. On income, FENY currently yields 2.32% against 2.37% for VYM.
Holdings Overlap
88.8% of FENY's money is in holdings VYM also owns. 9.8% of VYM's money is in holdings FENY also owns.
Most of FENY is already inside VYM. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 102 positions we hold weights for in FENY and 602 in VYM, against full books of 202 and 608.
What only one of them owns
Our book lists 529 positions for VYM that do not appear in our book for FENY (88.1% of the fund), and 53 for FENY that do not appear in VYM (9.1%).
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 FENY | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp | 22.64% | 2.70% | 19.94% |
| CVXChevron Corp. | 14.36% | 1.54% | 12.82% |
| COPConocophillips | 5.85% | 0.65% | 5.20% |
| MPCMarathon Petroleum Corp | 4.69% | 0.44% | 4.25% |
| VLOValero Energy Corp | 4.59% | 0.43% | 4.16% |
| PSXPhillips 66 | 4.01% | 0.40% | 3.61% |
| WMBWilliams Cos Inc | 3.22% | 0.37% | 2.85% |
| EOGEog Resources Inc | 2.88% | 0.31% | 2.57% |
| SLBSlb Ltd. | 2.73% | 0.36% | 2.37% |
| KMIKinder Morgan Inc | 2.26% | 0.25% | 2.01% |
88.8% of FENY 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, FENY or VYM?
FENY has an expense ratio of 0.08% while VYM charges 0.04%. VYM is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, FENY or VYM?
Over the past year FENY returned +58.68% vs +15.96% for VYM, so FENY leads on 1-year performance. Over the longest common window we track (13 years), FENY annualized +4.64% vs +9.21% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FENY or VYM?
FENY has been the more volatile fund at 28.7% annualized versus 13.5% for VYM. Worst drawdown: FENY -78.9% vs VYM -35.7%.
Should I hold both FENY and VYM?
FENY and VYM have a monthly-return correlation of 0.72, 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 FENY and VYM?
88.8% of FENY's money is in holdings VYM also owns. 9.8% of VYM's is in holdings FENY also owns. They hold 43 positions in common, counted across the 102 positions we hold weights for in FENY and 602 in VYM.
Which pays a higher dividend, FENY or VYM?
FENY yields 2.32% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than FENY?
VYM has a lower expense ratio. FENY led over 1Y and 5Y, VYM over 3Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 67.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.