VFMO vs. VYMI
Compare and contrast key facts about Vanguard U.S. Momentum Factor ETF (VFMO) and Vanguard International High Dividend Yield ETF (VYMI).
VFMO and VYMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VFMO is managed by Vanguard. It was launched on Feb 13, 2018. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFMO or VYMI.
Key characteristics
| VFMO | VYMI | |
|---|---|---|
| YTD Return | 10.52% | 4.22% |
| 1Y Return | 31.07% | 12.79% |
| 3Y Return (Ann) | 5.69% | 5.78% |
| 5Y Return (Ann) | 13.82% | 6.66% |
| Sharpe Ratio | 1.88 | 1.08 |
| Daily Std Dev | 17.09% | 12.03% |
| Max Drawdown | -36.77% | -40.00% |
| Current Drawdown | -4.29% | -0.82% |
Correlation
The correlation between VFMO and VYMI is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VFMO vs. VYMI - Performance Comparison
In the year-to-date period, VFMO achieves a 10.52% return, which is significantly higher than VYMI's 4.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFMO vs. VYMI - Expense Ratio Comparison
VFMO has a 0.13% expense ratio, which is lower than VYMI's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VFMO vs. VYMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard U.S. Momentum Factor ETF (VFMO) and Vanguard International High Dividend Yield ETF (VYMI). 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
VFMO vs. VYMI - Dividend Comparison
VFMO's dividend yield for the trailing twelve months is around 0.67%, less than VYMI's 4.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
VFMO Vanguard U.S. Momentum Factor ETF | 0.67% | 0.89% | 1.72% | 0.81% | 0.45% | 1.22% | 0.70% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 4.88% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Drawdowns
VFMO vs. VYMI - Drawdown Comparison
The maximum VFMO drawdown since its inception was -36.77%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for VFMO and VYMI. For additional features, visit the drawdowns tool.
Volatility
VFMO vs. VYMI - Volatility Comparison
Vanguard U.S. Momentum Factor ETF (VFMO) has a higher volatility of 5.55% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.38%. This indicates that VFMO's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.