LYLD vs VYM
Cambria LargeCap Shareholder Yield ETF vs Vanguard High Dividend Yield ETF
Which is better, LYLD or VYM?
Each has led over a different period.
VYM has a lower expense ratio. LYLD led over 1Y, VYM over the full window. LYLD is less concentrated, with 25.7% 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 | LYLD | VYM |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $9M | $78.9B |
| Dividend Yield | 2.22% | 2.37% |
| Holdings | 104 | 608 |
| YTD Return | +17.25%Best | +11.83% |
| 1Y Return | +21.96%Best | +15.96% |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 13.5% | 10.6%Best |
| Max Drawdown | -18.6% | -14.5%Best |
| $10,000 over 2.3 years | $13,577 | $13,960Best |
| Top 10 Weight | 25.7%Best | 25.8% |
| Fund Family | Cambria Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 12, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 12, 2024 to Oct 14, 2026 (2.3 years).
LYLD 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 2.3 years both funds cover.
LYLD vs VYM Performance
Cambria LargeCap Shareholder Yield ETF (LYLD) is an ETF from Cambria Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year LYLD returned +21.96% while VYM returned +15.96%. Year to date, LYLD is up 17.25% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LYLD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 10.6% 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 -18.6% for LYLD 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LYLD charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, LYLD currently yields 2.22% against 2.37% for VYM.
Holdings Overlap
75.0% of LYLD's money is in holdings VYM also owns. 10.7% of VYM's money is in holdings LYLD also owns.
Most of LYLD is already inside VYM. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 51 positions we hold weights for in LYLD and 602 in VYM, against full books of 104 and 608.
What only one of them owns
Our book lists 536 positions for VYM that do not appear in our book for LYLD (87.2% of the fund), and 14 for LYLD that do not appear in VYM (25.0%).
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 LYLD | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 2.23% | 2.70% | 0.47% |
| MPCMarathon Petroleum Corp | 3.12% | 0.44% | 2.68% |
| VLOValero Energy | 3.01% | 0.43% | 2.58% |
| DINOHollyfrontier | 3.12% | 0.06% | 3.06% |
| COPConocophillips Common Stock USD 0.01 | 2.23% | 0.65% | 1.58% |
| PFEPfizer Inc | 2.21% | 0.65% | 1.56% |
| NEMNewmont Corp Common | 2.24% | 0.54% | 1.70% |
| TAT&T Inc. | 2.02% | 0.71% | 1.31% |
| VZVerizon Communic | 1.87% | 0.84% | 1.03% |
| APAApa Corp | 2.43% | 0.06% | 2.37% |
75.0% of LYLD 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, LYLD or VYM?
LYLD has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, LYLD or VYM?
Over the past year LYLD returned +21.96% vs +15.96% for VYM, so LYLD leads on 1-year performance. Over the longest common window we track (2 years), LYLD annualized +14.22% vs +15.61% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LYLD or VYM?
LYLD has been the more volatile fund at 13.5% annualized versus 10.6% for VYM. Worst drawdown: LYLD -18.6% vs VYM -14.5%.
Should I hold both LYLD and VYM?
LYLD and VYM have a monthly-return correlation of 0.89, 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 LYLD and VYM?
75.0% of LYLD's money is in holdings VYM also owns. 10.7% of VYM's is in holdings LYLD also owns. They hold 37 positions in common, counted across the 51 positions we hold weights for in LYLD and 602 in VYM.
Which pays a higher dividend, LYLD or VYM?
LYLD yields 2.22% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than LYLD?
VYM has a lower expense ratio. LYLD led over 1Y, VYM over the full window. LYLD is less concentrated, with 25.7% 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.