SHRT vs VYM
Gotham Short Strategies ETF vs Vanguard High Dividend Yield ETF
Which is better, SHRT or VYM?
Large Cap Blend 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 27.2%.
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 | SHRT | VYM |
|---|---|---|
| Expense Ratio | 1.35% | 0.04%Best |
| AUM | $12M | $78.9B |
| Dividend Yield | 0.08% | 2.37% |
| Holdings | 625 | 608 |
| YTD Return | -10.30% | +11.83%Best |
| 1Y Return | -9.12% | +15.96%Best |
| 3Y Return (annualized) | -6.32% | +18.60%Best |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 12.9% | 10.7%Best |
| Max Drawdown | -27.8% | -14.5%Best |
| $10,000 over 2.9 years | $8,275 | $16,573Best |
| Top 10 Weight | 27.2% | 25.8%Best |
| Fund Family | Gotham ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 6, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 6, 2023 to Oct 14, 2026 (2.9 years).
SHRT 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 2.9 years both funds cover.
SHRT vs VYM Performance
Gotham Short Strategies ETF (SHRT) is an ETF from Gotham ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year SHRT returned -9.12% while VYM returned +15.96%. Year to date, SHRT is down 10.30% versus a gain of 11.83% for VYM.
Over three years, SHRT compounded at -6.32% per year against +18.60% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHRT has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 10.7% 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 -27.8% for SHRT 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 -0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SHRT charges 1.35% per year while VYM charges 0.04%. On a $10,000 position that is $135 vs $4 annually, a gap of $131 per year that compounds over a long holding period. On income, SHRT currently yields 0.08% against 2.37% for VYM.
Holdings Overlap
33.8% of SHRT's money is in holdings VYM also owns. 29.1% of VYM's money is in holdings SHRT also owns.
The two portfolios partly overlap.
119 positions in common, counted across the 373 positions we hold weights for in SHRT and 602 in VYM, against full books of 625 and 608.
What only one of them owns
Our book lists 456 positions for VYM that do not appear in our book for SHRT (68.8% of the fund), and 106 for SHRT that do not appear in VYM (56.5%).
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 SHRT | Weight in VYM | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.09% | 2.70% | 1.61% |
| CATCaterpillar, Inc. | 0.91% | 1.46% | 0.55% |
| OVVOvintiv Inc. | 2.14% | 0.07% | 2.07% |
| LMTLockheed Martin | 1.74% | 0.46% | 1.28% |
| DDDupont De Nemou | 1.98% | 0.07% | 1.91% |
| TXNTexas Instrument Inc | 1.07% | 0.96% | 0.11% |
| HPEHewlett Packard Enterprise Co | 1.67% | 0.28% | 1.39% |
| OXYOccidental Petroleum Corp. | 1.68% | 0.18% | 1.50% |
| ABBVAbbvie Inc. | -0.02% | 1.83% | 1.85% |
| ALBAlbemarle Corp. | 1.62% | 0.06% | 1.56% |
33.8% of SHRT 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, SHRT or VYM?
SHRT has an expense ratio of 1.35% while VYM charges 0.04%. VYM is the cheaper option, by $131 a year on a $10,000 investment.
Which performed better, SHRT or VYM?
Over the past year SHRT returned -9.12% vs +15.96% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SHRT or VYM?
SHRT has been the more volatile fund at 12.9% annualized versus 10.7% for VYM. Worst drawdown: SHRT -27.8% vs VYM -14.5%.
Should I hold both SHRT and VYM?
SHRT and VYM have a monthly-return correlation of -0.34, 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 SHRT and VYM?
33.8% of SHRT's money is in holdings VYM also owns. 29.1% of VYM's is in holdings SHRT also owns. They hold 119 positions in common, counted across the 373 positions we hold weights for in SHRT and 602 in VYM.
Which pays a higher dividend, SHRT or VYM?
SHRT yields 0.08% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than SHRT?
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 27.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.