KMLI vs VYM
KraneShares 2x Long MELI Daily ETF vs Vanguard High Dividend Yield ETF
Which is better, KMLI or VYM?
Trading-Leveraged Equity against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | KMLI | VYM |
|---|---|---|
| Expense Ratio | 1.26% | 0.04%Best |
| AUM | $7M | $78.9B |
| Dividend Yield | 18.07% | 2.37% |
| Holdings | 2 | 608 |
| YTD Return | -31.85% | +11.83%Best |
| 1Y Return | -46.69% | +15.96%Best |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 51.6% | 10.0%Best |
| Max Drawdown | -73.2% | -6.7%Best |
| $10,000 over 1.3 years | $4,170 | $12,435Best |
| Fund Family | KraneShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Jun 11, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 12, 2025 to Oct 14, 2026 (1.3 years).
KMLI 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 1.3 years both funds cover.
KMLI vs VYM Performance
KraneShares 2x Long MELI Daily ETF (KMLI) is an ETF from KraneShares and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year KMLI returned -46.69% while VYM returned +15.96%. Year to date, KMLI is down 31.85% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KMLI has been the more volatile fund, with annualized monthly volatility of 51.6% compared with 10.0% 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 -73.2% for KMLI 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 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KMLI charges 1.26% per year while VYM charges 0.04%. On a $10,000 position that is $126 vs $4 annually, a gap of $122 per year that compounds over a long holding period. On income, KMLI currently yields 18.07% against 2.37% for VYM.
Holdings Overlap
We hold position weights for 1 holding in KMLI and 602 in VYM, totalling 200.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in KMLI and 602 in VYM, against full books of 2 and 608.
You are not choosing between two funds in isolation.
Whichever of KMLI and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KMLI or VYM?
KMLI has an expense ratio of 1.26% while VYM charges 0.04%. VYM is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, KMLI or VYM?
Over the past year KMLI returned -46.69% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), KMLI annualized -48.97% vs +18.25% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KMLI or VYM?
KMLI has been the more volatile fund at 51.6% annualized versus 10.0% for VYM. Worst drawdown: KMLI -73.2% vs VYM -6.7%.
Should I hold both KMLI and VYM?
KMLI and VYM have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KMLI or VYM?
KMLI yields 18.07% while VYM yields 2.37%, so KMLI currently pays the higher dividend yield.
Is VYM better than KMLI?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.