SKYT vs. VYM

Last updated Jun 5, 2026

SKYT (SkyWater Technology, Inc.) is a stock, while VYM (Vanguard High Dividend Yield ETF) is Dividend fund tracking the FTSE High Dividend Yield Index. Over the past 5 years, SKYT returned 6.75%/yr vs 11.47%/yr for VYM. At a 0.35 correlation, their price movements are largely independent.

Performance

SKYT vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SkyWater Technology, Inc. (SKYT) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKYT achieves a 108.98% return, which is significantly higher than VYM's 12.42% return.

SKYT

• 1D: -1.09%
• 1M: 13.52%
• YTD: 108.98%
• 6M: 105.36%
• 1Y: 306.75%
• 3Y*: 55.36%
• 5Y*: 6.75%
• 10Y*: —

VYM

• 1D: -0.05%
• 1M: 2.60%
• YTD: 12.42%
• 6M: 11.92%
• 1Y: 26.61%
• 3Y*: 19.06%
• 5Y*: 11.47%
• 10Y*: 11.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SKYT vs. VYM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SKYT SkyWater Technology, Inc.	108.98%	31.59%	43.45%	35.30%	-56.17%	-8.57%
VYM Vanguard High Dividend Yield ETF	12.42%	15.42%	17.60%	6.57%	-0.43%	10.88%

Correlation

The correlation between SKYT and VYM is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021	0.35

Return for Risk

SKYT vs. VYM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKYT

SKYT Risk / Return Rank: 94
SKYT Sharpe Ratio Rank: 95
SKYT Sortino Ratio Rank: 94
SKYT Omega Ratio Rank: 91
SKYT Calmar Ratio Rank: 95
SKYT Martin Ratio Rank: 95

VYM

VYM Risk / Return Rank: 80
VYM Sharpe Ratio Rank: 82
VYM Sortino Ratio Rank: 84
VYM Omega Ratio Rank: 80
VYM Calmar Ratio Rank: 79
VYM Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SKYT vs. VYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SkyWater Technology, Inc. (SKYT) 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.

	SKYT	VYM	Difference
Sharpe ratio: Return per unit of total volatility	3.18	2.61	+0.57
Sortino ratio: Return per unit of downside risk	3.85	3.71	+0.14
Omega ratio: Gain probability vs. loss probability	1.46	1.47	-0.01
Calmar ratio: Return relative to maximum drawdown	7.25	3.99	+3.25
Martin ratio: Return relative to average drawdown	19.17	15.01	+4.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SKYT vs. VYM - Sharpe Ratio Comparison

The current SKYT Sharpe Ratio is 3.18, which is comparable to the VYM Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of SKYT and VYM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SKYT	VYM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.18	2.61	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.83	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.51	-0.34

Drawdowns

SKYT vs. VYM - Drawdown Comparison

The maximum SKYT drawdown since its inception was -86.72%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for SKYT and VYM.

Drawdown Indicators

	SKYT	VYM	Difference
Max Drawdown Largest peak-to-trough decline	-86.72%	-56.98%	-29.74%
Max Drawdown (1Y) Largest decline over 1 year	-42.64%	-6.69%	-35.95%
Max Drawdown (3Y) Largest decline over 3 years	-63.57%	-14.46%	-49.11%
Max Drawdown (5Y) Largest decline over 5 years	-86.72%	-15.84%	-70.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.21%	—
Current Drawdown Current decline from peak	-4.91%	-0.48%	-4.43%
Average Drawdown Average peak-to-trough decline	-59.85%	-7.19%	-52.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.10%	1.78%	+14.32%

Volatility

SKYT vs. VYM - Volatility Comparison

SkyWater Technology, Inc. (SKYT) has a higher volatility of 11.68% compared to Vanguard High Dividend Yield ETF (VYM) at 2.72%. This indicates that SKYT'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.

Volatility by Period

	SKYT	VYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.68%	2.72%	+8.96%
Volatility (6M) Calculated over the trailing 6-month period	47.02%	7.66%	+39.36%
Volatility (1Y) Calculated over the trailing 1-year period	97.25%	10.26%	+86.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.77%	13.96%	+82.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.37%	16.34%	+81.03%

Dividends

SKYT vs. VYM - Dividend Comparison

SKYT has not paid dividends to shareholders, while VYM's dividend yield for the trailing twelve months is around 2.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SKYT SkyWater Technology, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VYM Vanguard High Dividend Yield ETF	2.19%	2.44%	2.74%	3.12%	3.01%	2.76%	3.18%	3.03%	3.40%	2.80%	2.91%	3.22%

Frequently Asked Questions

Can I hold both SKYT and VYM in my portfolio?

SKYT and VYM have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SKYT or VYM?

SKYT has higher volatility (11.68%) compared to VYM (2.72%). In terms of maximum drawdown, SKYT dropped -86.72% vs VYM's -56.98%.

Which has better risk-adjusted returns?

SKYT currently has the higher Sharpe Ratio (3.18 vs 2.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.