FPWR vs VYM
First Trust EIP Power Solutions ETF vs Vanguard High Dividend Yield ETF
Which is better, FPWR or VYM?
Mid Cap Value against Large Cap Value.
VYM has a lower expense ratio. FPWR led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 35.0%.
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 | FPWR | VYM |
|---|---|---|
| Expense Ratio | 0.96% | 0.04%Best |
| AUM | $32M | $78.9B |
| Dividend Yield | 2.27% | 2.37% |
| Holdings | 58 | 608 |
| YTD Return | +9.16% | +11.83%Best |
| 1Y Return | +8.62% | +15.96%Best |
| 3Y Return (annualized) | +18.81%Best | +18.60% |
| 5Y Return (annualized) | +10.94% | +11.51%Best |
| Volatility (annualized) | 14.7%Best | 15.3% |
| Max Drawdown | -32.3%Best | -35.7% |
| $10,000 over 5 years | $16,805 | $17,241Best |
| Top 10 Weight | 35.0% | 25.8%Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Aug 20, 2019 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Aug 20, 2019 to Oct 14, 2026 (7.2 years).
FPWR 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 7.2 years both funds cover.
FPWR vs VYM Performance
First Trust EIP Power Solutions ETF (FPWR) is an ETF from First Trust Portfolios (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FPWR returned +8.62% while VYM returned +15.96%. Year to date, FPWR is up 9.16% versus a gain of 11.83% for VYM.
Over three years, FPWR compounded at +18.81% per year against +18.60% for VYM; over five years the annualized figures are +10.94% and +11.51% respectively. Across the full 7-year window we track, VYM has the edge at +11.62% annualized vs +10.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.7% for FPWR. 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 -32.3% for FPWR 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FPWR charges 0.96% per year while VYM charges 0.04%. On a $10,000 position that is $96 vs $4 annually, a gap of $92 per year that compounds over a long holding period. On income, FPWR currently yields 2.27% against 2.37% for VYM.
Holdings Overlap
70.8% of FPWR's money is in holdings VYM also owns. 6.2% of VYM's money is in holdings FPWR also owns.
Most of FPWR is already inside VYM. Owning both mostly buys the same companies twice.
40 positions in common, counted across the 58 positions we hold weights for in FPWR and 602 in VYM, against full books of 58 and 608.
What only one of them owns
Our book lists 533 positions for VYM that do not appear in our book for FPWR (91.6% of the fund), and 12 for FPWR that do not appear in VYM (21.3%).
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 FPWR | Weight in VYM | Difference |
|---|---|---|---|
| DUKDuke Energy Corp | 3.50% | 0.38% | 3.12% |
| NFGNational Fuel Gas Co | 3.62% | 0.03% | 3.59% |
| KMIKinder Morgan Inc./de | 3.15% | 0.25% | 2.90% |
| PPLPpl Corp (Utilities) | 3.29% | 0.10% | 3.19% |
| WECWec Energy Group Inc. | 3.01% | 0.14% | 2.87% |
| SOSouthern Co. | 2.75% | 0.40% | 2.35% |
| XELXcel Energy Inc. | 2.79% | 0.19% | 2.60% |
| IDAIdacorp Inc Ida | 2.85% | 0.03% | 2.82% |
| CMSCms Energy Corp. | 2.79% | 0.08% | 2.71% |
| ETREntergy Corp. | 2.55% | 0.20% | 2.35% |
70.8% of FPWR 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, FPWR or VYM?
FPWR has an expense ratio of 0.96% while VYM charges 0.04%. VYM is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, FPWR or VYM?
Over the past year FPWR returned +8.62% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), FPWR annualized +10.34% vs +11.62% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FPWR or VYM?
VYM has been the more volatile fund at 15.3% annualized versus 14.7% for FPWR. Worst drawdown: FPWR -32.3% vs VYM -35.7%.
Should I hold both FPWR and VYM?
FPWR and VYM have a monthly-return correlation of 0.73, 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 FPWR and VYM?
70.8% of FPWR's money is in holdings VYM also owns. 6.2% of VYM's is in holdings FPWR also owns. They hold 40 positions in common, counted across the 58 positions we hold weights for in FPWR and 602 in VYM.
Which pays a higher dividend, FPWR or VYM?
FPWR yields 2.27% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than FPWR?
VYM has a lower expense ratio. FPWR led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 35.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.