TIME vs VYM
Clockwise US Core Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, TIME 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 46.2%.
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 | TIME | VYM |
|---|---|---|
| Expense Ratio | 0.96% | 0.04%Best |
| AUM | $16M | $78.9B |
| Dividend Yield | 0.67% | 2.37% |
| Holdings | 56 | 608 |
| YTD Return | +11.28% | +11.83%Best |
| 1Y Return | +13.37% | +15.96%Best |
| 3Y Return (annualized) | +18.43% | +18.60%Best |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 24.2% | 13.8%Best |
| Max Drawdown | -42.2% | -15.8%Best |
| $10,000 over 4.7 years | $14,527 | $16,428Best |
| Top 10 Weight | 46.2% | 25.8%Best |
| Fund Family | Clockwise Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 27, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Jan 28, 2022 to Oct 14, 2026 (4.7 years).
TIME 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 4.7 years both funds cover.
TIME vs VYM Performance
Clockwise US Core Equity ETF (TIME) is an ETF from Clockwise Capital and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year TIME returned +13.37% while VYM returned +15.96%. Year to date, TIME is up 11.28% versus a gain of 11.83% for VYM.
Over three years, TIME compounded at +18.43% per year against +18.60% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TIME has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 13.8% 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 -42.2% for TIME and -15.8% 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
TIME 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, TIME currently yields 0.67% against 2.37% for VYM.
Holdings Overlap
19.7% of TIME's money is in holdings VYM also owns. 26.3% of VYM's money is in holdings TIME also owns.
VYM and TIME share little of their money.
17 positions in common, counted across the 59 positions we hold weights for in TIME and 602 in VYM, against full books of 56 and 608.
What only one of them owns
Our book lists 556 positions for VYM that do not appear in our book for TIME (71.6% of the fund), and 41 for TIME that do not appear in VYM (78.3%).
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 TIME | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.55% | 6.94% | 4.39% |
| JPMJpmorgan Chase | 0.84% | 3.83% | 2.99% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.96% | 2.70% | 0.74% |
| PMPhilip Morris International Inc. | 2.49% | 1.18% | 1.31% |
| JNJJohnson & Johnson - Common | 0.41% | 2.58% | 2.17% |
| COPConocophillips Common Stock USD 0.01 | 2.16% | 0.65% | 1.51% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.96% | 1.76% | 0.80% |
| SOSouthern Co. | 1.99% | 0.40% | 1.59% |
| ABBVAbbvie Inc. | 0.41% | 1.83% | 1.42% |
| AMGNAmgen Inc. | 1.02% | 0.86% | 0.16% |
26.3% of VYM is already inside TIME.
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, TIME or VYM?
TIME 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, TIME or VYM?
Over the past year TIME returned +13.37% 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, TIME or VYM?
TIME has been the more volatile fund at 24.2% annualized versus 13.8% for VYM. Worst drawdown: TIME -42.2% vs VYM -15.8%.
Should I hold both TIME and VYM?
TIME 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 TIME and VYM?
26.3% of VYM's money is in holdings TIME also owns. 26.3% of VYM's is in holdings TIME also owns. They hold 17 positions in common, counted across the 59 positions we hold weights for in TIME and 602 in VYM.
Which pays a higher dividend, TIME or VYM?
TIME yields 0.67% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than TIME?
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 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.