VYM vs. AMECX
VYM (Vanguard High Dividend Yield ETF) and AMECX (American Funds The Income Fund of America Class A) are both funds - VYM is a Dividend fund tracking the FTSE High Dividend Yield Index, while AMECX is a Diversified Portfolio fund managed by American Funds. Over the past 10 years, VYM returned 11.78%/yr vs 8.39%/yr for AMECX. Their correlation of 0.93 suggests significant overlap in exposure. VYM charges 0.04%/yr vs 0.56%/yr for AMECX.
Performance
VYM vs. AMECX - Performance Comparison
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Returns By Period
In the year-to-date period, VYM achieves a 11.57% return, which is significantly higher than AMECX's 5.48% return. Over the past 10 years, VYM has outperformed AMECX with an annualized return of 11.78%, while AMECX has yielded a comparatively lower 8.39% annualized return.
VYM
- 1D
- 0.07%
- 1M
- 1.56%
- YTD
- 11.57%
- 6M
- 11.72%
- 1Y
- 25.29%
- 3Y*
- 17.42%
- 5Y*
- 12.42%
- 10Y*
- 11.78%
AMECX
- 1D
- -0.40%
- 1M
- -0.52%
- YTD
- 5.48%
- 6M
- 6.05%
- 1Y
- 14.23%
- 3Y*
- 12.78%
- 5Y*
- 8.08%
- 10Y*
- 8.39%
VYM vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VYM Vanguard High Dividend Yield ETF | 11.57% | 15.42% | 17.60% | 6.57% | -0.43% | 26.20% | 1.15% | 24.06% | -5.92% | 16.42% |
AMECX American Funds The Income Fund of America Class A | 5.48% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Correlation
The correlation between VYM and AMECX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2006 | 0.93 |
The correlation between VYM and AMECX has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.
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Return for Risk
VYM vs. AMECX — Risk / Return Rank
VYM
AMECX
VYM vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and American Funds The Income Fund of America Class A (AMECX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VYM | AMECX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 2.33 | +1.46 |
| Martin ratioReturn relative to average drawdown | 14.13 | 8.61 | +5.52 |
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Drawdowns
VYM vs. AMECX - Drawdown Comparison
The maximum VYM drawdown since its inception was -56.98%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for VYM and AMECX.
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Drawdown Indicators
| VYM | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.98% | -41.92% | -15.06% |
Max Drawdown (1Y)Largest decline over 1 year | -6.69% | -6.13% | -0.56% |
Max Drawdown (3Y)Largest decline over 3 years | -14.46% | -8.58% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | -15.84% | -15.78% | -0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -35.21% | -26.13% | -9.08% |
Current DrawdownCurrent decline from peak | -1.23% | -2.02% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -7.18% | -4.45% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.66% | +0.13% |
Volatility
VYM vs. AMECX - Volatility Comparison
Vanguard High Dividend Yield ETF (VYM) has a higher volatility of 3.06% compared to American Funds The Income Fund of America Class A (AMECX) at 2.30%. This indicates that VYM's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VYM | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 2.30% | +0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 7.65% | 5.82% | +1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.39% | 7.41% | +2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 9.47% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 10.69% | +5.66% |
VYM vs. AMECX - Expense Ratio Comparison
VYM has a 0.04% expense ratio, which is lower than AMECX's 0.56% expense ratio.
Dividends
VYM vs. AMECX - Dividend Comparison
VYM's dividend yield for the trailing twelve months is around 2.84%, less than AMECX's 9.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMECX American Funds The Income Fund of America Class A | 9.55% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
VYM Vanguard High Dividend Yield ETF | 2.84% | 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
VYM and AMECX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYM has higher volatility (3.06%) compared to AMECX (2.30%). In terms of maximum drawdown, VYM dropped -56.98% vs AMECX's -41.92%.
VYM currently has the higher Sharpe Ratio (2.44 vs 1.93), 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.
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