Data as of Oct 28, 2026.

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VHT vs VYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VHT returned +25.0% to VYM's +18.0%; 14% of their weight is in the same names.

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Net assets on Sep 30, 2026: $19.1bn for Vanguard Health Care ETF and $78.9bn for Vanguard High Dividend Yield ETF.

At a glance
+25.0%
VHT total return, 1 year
+18.0%
VYM total return, 1 year
0.09%
VHT expense ratio
0.04%
VYM expense ratio

Pair scorecard

VYM costs 0.05 points a year less; their one-year returns differ by 7.0 points; VYM is 4.1 times larger.

VHT vs VYM: Differences, Returns & Fees
MeasureVHTVYM
Return
Total return, 1 year+25.0%+18.0%
Benchmark
What it tracksMSCI US Investable Market Index (IMI)/Health Care 25/50FTSE High Dividend Yield Index
Cost and size
Expense ratio0.09%0.04%
Net assets, as of Sep 30, 2026$19.1bn$78.9bn
Holdings
Holdings in common14%
Top ten holdings, share of the fund51.8%26.2%

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

Risk and return

Nov 24, 2006 to Oct 23, 2026 · 1,039 weekly returns
VHT VYM
Return
Total return edge VHT +698.1% +487.1%
Annualized edge VHT +11.0% +9.3%
Price return edge VHT +485.6% +220.2%
Risk
Volatility edge Tie 17.1% 16.7%
Max drawdown edge VHT −38.1% −56.7%
Risk-adjusted
Sharpe edge VHT 0.60 0.52
Sortino edge VHT 0.85 0.73
Calmar edge VHT 0.29 0.16
Reading

VHT returned more: +698.1% to +487.1%. VHT and VYM swung about the same: 17.1% and 16.7%. VHT fell less at its worst: −38.1% to −56.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VHT vs VYM: Differences, Returns & Fees
MeasureVHTVYMEdgeHow it is measured
Return
Total return+698.1%+487.1%VHTPrice change plus distributions, reinvested.
Annualized+11.0%+9.3%VHTTotal return as a yearly rate.
Price return+485.6%+220.2%VHTPrice change alone, distributions left out.
Risk
Volatility17.1%16.7%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.1%11.8%VYM (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−38.1%−56.7%VHTDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.600.52VHTReturn above Treasury bills per unit of volatility.
Sortino0.850.73VHTReturn above Treasury bills per unit of downside deviation.
Calmar0.290.16VHTAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,039 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

14%

By the books each fund has filed, VHT and VYM hold 14% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

14% in common

Positions both hold · largest shared weight first VHT VYM
Johnson & Johnson 8.79% 2.71%
AbbVie Inc 6.46% 1.96%
Merck & Co Inc 5.02% 1.52%
UnitedHealth Group Inc 4.66% 1.41%
Amgen Inc 3.18% 0.89%
Gilead Sciences Inc 2.59% 0.79%
Abbott Laboratories 2.41% 0.73%
Pfizer Inc 2.27% 0.69%
Bristol-Myers Squibb Co 1.78% 0.54%
Medtronic PLC 1.54% 0.47%
CVS Health Corp 1.53% 0.47%
Elevance Health Inc 1.15% 0.35%
Only in one fund ↓
Only in VHT
Eli Lilly & Co 12.95%
Thermo Fisher Scientific Inc 3.51%
Intuitive Surgical Inc 2.01%
Danaher Corp 1.97%
Vertex Pharmaceuticals Inc 1.85%
McKesson Corp 1.40%
Stryker Corp 1.33%
Regeneron Pharmaceuticals Inc 1.09%
Only in VYM
Broadcom Inc 6.93%
JPMorgan Chase & Co 3.75%
ExxonMobil Holdings Corp 2.84%
Cisco Systems Inc 1.80%
Chevron Corp 1.61%
Caterpillar Inc 1.56%
Bank of America Corp 1.50%
Procter & Gamble Co 1.44%
Check overlap with more funds →

Side by side

VHT Vanguard Health Care ETF VYM Vanguard High Dividend Yield ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Health Care Tracks an index of US high dividend
Total return, 1 year +25.0% +18.0%
Its benchmark over the same days +25.4% (FHLC) not measured
Gap to its benchmark −0.4 pts vs FHLC not measured
Expense ratio 0.09% 0.04%
Already in the S&P 500 85.5% 89.5%
Holdings 414 595
Net assets, as of Sep 30, 2026 $19.1bn $78.9bn

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

Client brief · page 1 of 2 Report BR-84B9682B9D

VHT and VYM do different jobs. What does each one do in a portfolio?

  1. What each follows. VHT follows MSCI US Investable Market Index (IMI)/Health Care 25/50 and VYM follows FTSE High Dividend Yield Index.
  2. Holdings in common. 14% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VHT returned +25.0% and VYM +18.0% with distributions reinvested, a gap of 7.0 points.

Data as of Oct 28, 2026.

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About each fund
VHT

VHT tracks an index of Health Care. Over the year to Oct 28, 2026 it returned +25.0% with distributions reinvested, against +25.4% for its benchmark, the MSCI US Investable Market Index (IMI)/Health Care 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 414 positions, with the top ten at 51.8%.

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, VHT or VYM?
In the year to Oct 28, 2026, with distributions reinvested, VHT returned +25.0% and VYM +18.0%.
Which is cheaper, VHT or VYM?
VYM is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VHT and VYM overlap with the S&P 500?
By their latest filed holdings, 86% of VHT and 90% of VYM by weight is stocks the S&P 500 already holds.
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ETFIQ, VHT against VYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/vht-vs-vym

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