TFNS vs VYM
T. Rowe Price Financials ETF vs Vanguard High Dividend Yield ETF
Which is better, TFNS or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 52.0%.
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 | TFNS | VYM |
|---|---|---|
| Expense Ratio | 0.44% | 0.04%Best |
| AUM | $18M | $78.9B |
| Dividend Yield | 0.49% | 2.37% |
| Holdings | 83 | 608 |
| YTD Return | +1.08% | +11.83%Best |
| 1Y Return | +6.27% | +15.96%Best |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 13.4% | 10.0%Best |
| Max Drawdown | -14.0% | -6.7%Best |
| $10,000 over 1.3 years | $11,157 | $12,435Best |
| Top 10 Weight | 52.0% | 25.8%Best |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 11, 2025 | Nov 10, 2006 |
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).
TFNS 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.
TFNS vs VYM Performance
T. Rowe Price Financials ETF (TFNS) is an ETF from T.Rowe Price and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TFNS returned +6.27% while VYM returned +15.96%. Year to date, TFNS is up 1.08% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TFNS has been the more volatile fund, with annualized monthly volatility of 13.4% 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 -14.0% for TFNS 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TFNS charges 0.44% per year while VYM charges 0.04%. On a $10,000 position that is $44 vs $4 annually, a gap of $40 per year that compounds over a long holding period. On income, TFNS currently yields 0.49% against 2.37% for VYM.
Holdings Overlap
51.0% of TFNS's money is in holdings VYM also owns. 15.6% of VYM's money is in holdings TFNS also owns.
The two portfolios partly overlap.
45 positions in common, counted across the 81 positions we hold weights for in TFNS and 602 in VYM, against full books of 83 and 608.
What only one of them owns
Our book lists 528 positions for VYM that do not appear in our book for TFNS (82.3% of the fund), and 29 for TFNS that do not appear in VYM (42.3%).
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 TFNS | Weight in VYM | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 4.97% | 3.83% | 1.14% |
| BACBank of America Corp.: Financials | 4.30% | 1.65% | 2.65% |
| WFCWells Fargo & Co. | 4.52% | 1.07% | 3.45% |
| GSGoldman Sachs Group Inc/The | 3.54% | 1.12% | 2.42% |
| MSMorgan Stanley | 2.56% | 0.96% | 1.60% |
| BLKBlackrock Funding Inc/De | 2.37% | 0.71% | 1.66% |
| CBChubb Ltd Common Stock Usd 24.15 | 2.54% | 0.48% | 2.06% |
| COFCapital One Financial Corp. | 2.48% | 0.54% | 1.94% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 1.86% | 0.37% | 1.49% |
| USBUS Bancorp | 1.58% | 0.39% | 1.19% |
51.0% of TFNS 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, TFNS or VYM?
TFNS has an expense ratio of 0.44% while VYM charges 0.04%. VYM is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, TFNS or VYM?
Over the past year TFNS returned +6.27% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), TFNS annualized +8.79% vs +18.25% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TFNS or VYM?
TFNS has been the more volatile fund at 13.4% annualized versus 10.0% for VYM. Worst drawdown: TFNS -14.0% vs VYM -6.7%.
Should I hold both TFNS and VYM?
TFNS and VYM have a monthly-return correlation of 0.55, 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 TFNS and VYM?
51.0% of TFNS's money is in holdings VYM also owns. 15.6% of VYM's is in holdings TFNS also owns. They hold 45 positions in common, counted across the 81 positions we hold weights for in TFNS and 602 in VYM.
Which pays a higher dividend, TFNS or VYM?
TFNS yields 0.49% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than TFNS?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.