NMIMX vs. VYM
Compare and contrast key facts about Columbia Large Cap Enhanced Core Fund (NMIMX) and Vanguard High Dividend Yield ETF (VYM).
NMIMX is managed by Columbia Threadneedle. It was launched on Jul 31, 1996. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMIMX or VYM.
Correlation
The correlation between NMIMX and VYM is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NMIMX vs. VYM - Performance Comparison
Key characteristics
NMIMX:
0.58
VYM:
1.99
NMIMX:
0.81
VYM:
2.80
NMIMX:
1.12
VYM:
1.36
NMIMX:
0.50
VYM:
3.60
NMIMX:
1.98
VYM:
10.37
NMIMX:
4.40%
VYM:
2.08%
NMIMX:
15.03%
VYM:
10.87%
NMIMX:
-66.98%
VYM:
-56.98%
NMIMX:
-9.84%
VYM:
-0.34%
Returns By Period
In the year-to-date period, NMIMX achieves a 2.93% return, which is significantly lower than VYM's 5.49% return. Over the past 10 years, NMIMX has underperformed VYM with an annualized return of 3.93%, while VYM has yielded a comparatively higher 10.15% annualized return.
NMIMX
2.93%
0.14%
1.62%
9.43%
2.88%
3.93%
VYM
5.49%
1.25%
9.93%
20.93%
11.04%
10.15%
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NMIMX vs. VYM - Expense Ratio Comparison
NMIMX has a 0.58% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
NMIMX vs. VYM — Risk-Adjusted Performance Rank
NMIMX
VYM
NMIMX vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Large Cap Enhanced Core Fund (NMIMX) and Vanguard High Dividend Yield ETF (VYM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NMIMX vs. VYM - Dividend Comparison
NMIMX's dividend yield for the trailing twelve months is around 1.02%, less than VYM's 2.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMIMX Columbia Large Cap Enhanced Core Fund | 1.02% | 1.05% | 1.16% | 1.17% | 1.23% | 1.21% | 1.15% | 1.44% | 1.58% | 1.60% | 2.30% | 1.19% |
VYM Vanguard High Dividend Yield ETF | 2.60% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% |
Drawdowns
NMIMX vs. VYM - Drawdown Comparison
The maximum NMIMX drawdown since its inception was -66.98%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for NMIMX and VYM. For additional features, visit the drawdowns tool.
Volatility
NMIMX vs. VYM - Volatility Comparison
Columbia Large Cap Enhanced Core Fund (NMIMX) has a higher volatility of 2.90% compared to Vanguard High Dividend Yield ETF (VYM) at 2.46%. This indicates that NMIMX's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.