FLYU vs VYM
MicroSectors Travel 3X Leveraged ETN vs Vanguard High Dividend Yield ETF
Which is better, FLYU or VYM?
Trading-Leveraged Equity against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 65.4%.
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 | FLYU | VYM |
|---|---|---|
| Expense Ratio | 0.95% | 0.04%Best |
| AUM | $6M | $78.9B |
| Dividend Yield | 0.00% | 2.37% |
| Holdings | 34 | 608 |
| YTD Return | -41.16% | +11.83%Best |
| 1Y Return | -37.33% | +15.96%Best |
| 3Y Return (annualized) | +6.76% | +18.60%Best |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 84.9% | 13.5%Best |
| Max Drawdown | -69.0% | -14.5%Best |
| $10,000 over 4.3 years | $13,463 | $17,833Best |
| Top 10 Weight | 65.4% | 25.8%Best |
| Fund Family | BMO Capital Markets | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Jun 21, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 22, 2022 to Oct 14, 2026 (4.3 years).
FLYU 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 4.3 years both funds cover.
FLYU vs VYM Performance
MicroSectors Travel 3X Leveraged ETN (FLYU) is an ETF from BMO Capital Markets and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FLYU returned -37.33% while VYM returned +15.96%. Year to date, FLYU is down 41.16% versus a gain of 11.83% for VYM.
Over three years, FLYU compounded at +6.76% per year against +18.60% for VYM. Across the full 4-year window we track, VYM has the edge at +14.40% annualized vs +7.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLYU has been the more volatile fund, with annualized monthly volatility of 84.9% 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 -69.0% for FLYU 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FLYU charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, FLYU currently yields 0.00% against 2.37% for VYM.
Holdings Overlap
20.3% of FLYU's money is in holdings VYM also owns. 1.2% of VYM's money is in holdings FLYU also owns.
FLYU and VYM share little of their money.
8 positions in common, counted across the 34 positions we hold weights for in FLYU and 602 in VYM, against full books of 34 and 608.
What only one of them owns
Our book lists 565 positions for VYM that do not appear in our book for FLYU (96.6% of the fund), and 25 for FLYU that do not appear in VYM (74.3%).
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 FLYU | Weight in VYM | Difference |
|---|---|---|---|
| DISWalt Disney Co | 8.10% | 0.77% | 7.33% |
| RCLRoyal Caribbean Cruises Ltd Common Stock | 5.49% | 0.27% | 5.22% |
| LUVSouthwest Airlines Co. | 2.51% | 0.07% | 2.44% |
| LVSLas Vegas Sands Corp. | 1.94% | 0.05% | 1.89% |
| MTNVail Resorts Inc. | 0.82% | 0.02% | 0.80% |
| WHWyndham Hotels & Resorts Inc | 0.77% | 0.02% | 0.75% |
| TNLTravel + Leisure Co | 0.35% | 0.02% | 0.33% |
| VACMarriott Vacations Worldwide Corp | 0.30% | 0.01% | 0.29% |
20.3% of FLYU 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, FLYU or VYM?
FLYU has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, FLYU or VYM?
Over the past year FLYU returned -37.33% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), FLYU annualized +7.16% vs +14.40% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLYU or VYM?
FLYU has been the more volatile fund at 84.9% annualized versus 13.5% for VYM. Worst drawdown: FLYU -69.0% vs VYM -14.5%.
Should I hold both FLYU and VYM?
FLYU and VYM have a monthly-return correlation of 0.65, 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 FLYU and VYM?
20.3% of FLYU's money is in holdings VYM also owns. 1.2% of VYM's is in holdings FLYU also owns. They hold 8 positions in common, counted across the 34 positions we hold weights for in FLYU and 602 in VYM.
Which pays a higher dividend, FLYU or VYM?
FLYU yields 0.00% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than FLYU?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 65.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.