VYM vs. VTI

Last updated Jun 5, 2026

VYM (Vanguard High Dividend Yield ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - VYM is a Dividend fund tracking the FTSE High Dividend Yield Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, VYM returned 11.84%/yr vs 15.04%/yr for VTI. Their correlation of 0.89 suggests significant overlap in exposure. VYM charges 0.04%/yr vs 0.03%/yr for VTI.

Performance

VYM vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, VYM achieves a 12.42% return, which is significantly higher than VTI's 11.72% return. Over the past 10 years, VYM has underperformed VTI with an annualized return of 11.84%, while VTI has yielded a comparatively higher 15.04% annualized return.

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%

VTI

• 1D: 0.47%
• 1M: 4.59%
• YTD: 11.72%
• 6M: 11.43%
• 1Y: 28.79%
• 3Y*: 22.37%
• 5Y*: 12.80%
• 10Y*: 15.04%

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

VYM vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYM Vanguard High Dividend Yield ETF	12.42%	15.42%	17.60%	6.57%	-0.43%	26.20%	1.15%	24.06%	-5.92%	16.42%
VTI Vanguard Total Stock Market ETF	11.72%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between VYM and VTI is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 17, 2006	0.89

The correlation between VYM and VTI shifts across timeframes, from 0.73 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

VYM vs. VTI - Sectors Allocation Comparison

Sectors	VYM	VTI
Financial Services	20.5%	12.0%
Technology	17.7%	33.5%
Healthcare	12.2%	9.2%
Industrials	12.1%	9.8%
Energy	9.8%	3.7%
Consumer Defensive	8.1%	4.7%
Consumer Cyclical	6.7%	10.0%
Utilities	5.7%	2.3%
Communication Services	3.5%	10.3%
Basic Materials	3.5%	2.0%
Real Estate	0.0%	2.4%

Return for Risk

VYM vs. VTI — Risk / Return Rank

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

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

VTI

VTI Risk / Return Rank: 73
VTI Sharpe Ratio Rank: 74
VTI Sortino Ratio Rank: 73
VTI Omega Ratio Rank: 73
VTI Calmar Ratio Rank: 66
VTI 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.

VYM vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and Vanguard Total Stock Market ETF (VTI). 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.

	VYM	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.61	2.38	+0.23
Sortino ratio: Return per unit of downside risk	3.71	3.24	+0.47
Omega ratio: Gain probability vs. loss probability	1.47	1.43	+0.05
Calmar ratio: Return relative to maximum drawdown	3.99	3.24	+0.75
Martin ratio: Return relative to average drawdown	15.01	14.94	+0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYM vs. VTI - Sharpe Ratio Comparison

The current VYM Sharpe Ratio is 2.61, which is comparable to the VTI Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of VYM and VTI, 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

	VYM	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	2.38	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.74	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.82	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.51	0.00

Drawdowns

VYM vs. VTI - Drawdown Comparison

The maximum VYM drawdown since its inception was -56.98%, roughly equal to the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VYM and VTI.

Drawdown Indicators

	VYM	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-56.98%	-55.45%	-1.53%
Max Drawdown (1Y) Largest decline over 1 year	-6.69%	-8.92%	+2.23%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	-19.30%	+4.84%
Max Drawdown (5Y) Largest decline over 5 years	-15.84%	-25.36%	+9.52%
Max Drawdown (10Y) Largest decline over 10 years	-35.21%	-35.00%	-0.21%
Current Drawdown Current decline from peak	-0.48%	-0.26%	-0.22%
Average Drawdown Average peak-to-trough decline	-7.19%	-8.03%	+0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	1.93%	-0.15%

Volatility

VYM vs. VTI - Volatility Comparison

The current volatility for Vanguard High Dividend Yield ETF (VYM) is 2.72%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 2.90%. This indicates that VYM experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYM	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	2.90%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	7.66%	9.13%	-1.47%
Volatility (1Y) Calculated over the trailing 1-year period	10.26%	12.17%	-1.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.96%	17.40%	-3.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	18.30%	-1.96%

VYM vs. VTI - Expense Ratio Comparison

VYM has a 0.04% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VYM vs. VTI - Dividend Comparison

VYM's dividend yield for the trailing twelve months is around 2.19%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
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 VYM and VTI in my portfolio?

VYM and VTI have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYM or VTI?

VTI has higher volatility (2.90%) compared to VYM (2.72%). In terms of maximum drawdown, VYM dropped -56.98% vs VTI's -55.45%.

Which ETF is better, VYM or VTI?

On 10-year performance, VTI leads with 15.04% vs 11.84% for VYM. On fees, VTI is cheaper at 0.03% per year. On volatility, VYM has been the lower-risk option at 2.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VYM or VTI?

Over the 10-year period, VTI has performed better with a 15.04% return vs 11.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VYM or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.04% for VYM.

Which ETF pays a higher dividend yield, VYM or VTI?

VYM has the higher dividend yield at 2.19%, compared with 1.01% for VTI.

What is the main difference between VYM and VTI?

VYM is categorized as Dividend, while VTI is Large Cap Blend Equities. VYM tracks FTSE High Dividend Yield Index, while VTI tracks CRSP US Total Market Index. Their fees differ too: 0.04% for VYM and 0.03% for VTI.

Which has better risk-adjusted returns?

VYM currently has the higher Sharpe Ratio (2.61 vs 2.38), 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.