Data as of Oct 28, 2026.

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VGSH vs VYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGSH returned +1.7% to VYM's +18.0%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $35.1bn for Vanguard Short-Term Treasury ETF and $78.9bn for Vanguard High Dividend Yield ETF.

At a glance
+1.7%
VGSH total return, 1 year
+18.0%
VYM total return, 1 year
0.03%
VGSH expense ratio
0.04%
VYM expense ratio

Pair scorecard

VGSH costs 0.01 points a year less; their one-year returns differ by 16.3 points; VYM is 2.2 times larger.

VGSH vs VYM: Differences, Returns & Fees
MeasureVGSHVYM
Return
Total return, 1 year+1.7%+18.0%
Benchmark
What it tracksBloomberg U.S. Treasury 1-3 Year IndexFTSE High Dividend Yield Index
Cost and size
Expense ratio0.03%0.04%
Net assets, as of Sep 30, 2026$35.1bn$78.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight90%
Top ten holdings, share of the fund26.2%

Holdings in common uses holdings dated Sep 30, 2026. Method

What they share

0%

By the books each fund has filed, VGSH and VYM hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGSH VYM
MKTLIQ 0.20% 0.11%
Only in one fund ↓
Only in VGSH
United States Treasury Note/Bond 2.07%
United States Treasury Note/Bond 1.43%
United States Treasury Note/Bond 1.39%
United States Treasury Note/Bond 1.37%
United States Treasury Note/Bond 1.35%
United States Treasury Note/Bond 1.34%
United States Treasury Note/Bond 1.33%
United States Treasury Note/Bond 1.33%
Only in VYM
Broadcom Inc 6.93%
JPMorgan Chase & Co 3.75%
ExxonMobil Holdings Corp 2.84%
Johnson & Johnson 2.71%
AbbVie Inc 1.96%
Cisco Systems Inc 1.80%
Chevron Corp 1.61%
Caterpillar Inc 1.56%
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Side by side

VGSH Vanguard Short-Term Treasury ETF VYM Vanguard High Dividend Yield ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Short-Term Treasury Tracks an index of US high dividend
Total return, 1 year +1.7% +18.0%
Its benchmark over the same days +1.8% (SCHO) not measured
Gap to its benchmark −0.1 pts vs SCHO not measured
Expense ratio 0.03% 0.04%
Holdings 93 595
Net assets, as of Sep 30, 2026 $35.1bn $78.9bn

VGSH and VYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

VYM

VYM tracks an index of US high dividend. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 595 positions, with the top ten at 26.2%.

Questions people ask

Which returned more over the last year, VGSH or VYM?
In the year to Oct 28, 2026, with distributions reinvested, VGSH returned +1.7% and VYM +18.0%.
Which is cheaper, VGSH or VYM?
VGSH is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VGSH against VYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/vgsh-vs-vym

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