VYM vs YNOT
Vanguard High Dividend Yield ETF vs Horizon Digital Frontier ETF
Which is better, VYM or YNOT?
Large Cap Value against Large Cap Blend.
VYM has a lower expense ratio. VYM led over 1Y, YNOT over the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 39.1%.
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 | VYM | YNOT |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.75% |
| AUM | $83.1B | $207M |
| Dividend Yield | 2.22% | 0.00% |
| Holdings | 608 | 105 |
| YTD Return | +11.86% | +16.20%Best |
| 1Y Return | +16.81%Best | +14.59% |
| 3Y Return (annualized) | +18.64% | - |
| 5Y Return (annualized) | +11.86% | - |
| Volatility (annualized) | 10.3%Best | 23.0% |
| Max Drawdown | -6.7%Best | -17.3% |
| $10,000 over 1.3 years | $12,157 | $13,295Best |
| Top 10 Weight | 26.1%Best | 39.1% |
| Fund Family | Vanguard (US) | Horizon Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 10, 2006 | Jul 9, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 10, 2025 to Oct 13, 2026 (1.3 years).
VYM vs YNOT 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.
VYM vs YNOT Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and Horizon Digital Frontier ETF (YNOT) is an ETF from Horizon Funds. Over the past year VYM returned +16.81% while YNOT returned +14.59%. Year to date, VYM is up 11.86% versus a gain of 16.20% for YNOT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YNOT has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 10.3% 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 -6.7% for VYM and -17.3% for YNOT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VYM charges 0.04% per year while YNOT charges 0.75%. On a $10,000 position that is $4 vs $75 annually, a gap of $71 per year that compounds over a long holding period. On income, VYM currently yields 2.22% against 0.00% for YNOT.
Holdings Overlap
18.7% of VYM's money is in holdings YNOT also owns. 19.9% of YNOT's money is in holdings VYM also owns.
YNOT and VYM share little of their money.
The two holdings books were reported 46 days apart, VYM as of Jul 31, 2026 and YNOT as of Sep 15, 2026, so some of the difference between them is the time between the two reports rather than the funds.
20 positions in common, counted across the 557 positions we hold weights for in VYM and 106 in YNOT, against full books of 608 and 105.
What only one of them owns
Our book lists 69 positions for YNOT that do not appear in our book for VYM (71.6% of the fund), and 508 for VYM that do not appear in YNOT (78.4%).
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 VYM | Weight in YNOT | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 7.35% | 1.77% | 5.58% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.86% | 1.41% | 0.45% |
| CATCaterpillar, Inc. | 1.50% | 1.70% | 0.20% |
| ORCLOracle Corp - Common | 0.90% | 1.63% | 0.73% |
| GENGen Digital Inc | 0.06% | 2.09% | 2.03% |
| GSGoldman Sachs Group Inc/The | 1.13% | 1.01% | 0.12% |
| DELLDell Technologies Inc | 0.50% | 1.48% | 0.98% |
| IBMInternational Business Machines Corp. | 0.85% | 1.01% | 0.16% |
| MSMorgan Stanley | 0.96% | 0.68% | 0.28% |
| ROKRockwell Automation | 0.22% | 1.25% | 1.03% |
You are not choosing between two funds in isolation.
Whichever of VYM and YNOT 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, VYM or YNOT?
VYM has an expense ratio of 0.04% while YNOT charges 0.75%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, VYM or YNOT?
Over the past year VYM returned +16.81% vs +14.59% for YNOT, so VYM leads on 1-year performance. Over the longest common window we track (1 years), VYM annualized +16.21% vs +24.49% for YNOT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or YNOT?
YNOT has been the more volatile fund at 23.0% annualized versus 10.3% for VYM. Worst drawdown: VYM -6.7% vs YNOT -17.3%.
Should I hold both VYM and YNOT?
VYM and YNOT have a monthly-return correlation of 0.33, 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 VYM and YNOT?
19.9% of YNOT's money is in holdings VYM also owns. 19.9% of YNOT's is in holdings VYM also owns. They hold 20 positions in common, counted across the 557 positions we hold weights for in VYM and 106 in YNOT.
Which pays a higher dividend, VYM or YNOT?
VYM yields 2.22% while YNOT yields 0.00%, so VYM currently pays the higher dividend yield.
Is YNOT better than VYM?
VYM has a lower expense ratio. VYM led over 1Y, YNOT over the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.