GVUS vs VYM

GVUSAGoldman Sachs MarketBeta Russell 1000 Value Equity ETF

VYMAVanguard High Dividend Yield ETF

In short

GVUS Goldman's plain-vanilla shelf, not its quant shop. GVUS tracks a daily-capped Russell 1000 Value index for 0.12% a year: roughly 900 large- and mid-cap value names, no overlay, no tilt, no manager's opinion.

VYM The no-frills dividend workhorse. VYM buys the higher-yielding end of the US market, roughly 600 names, for four basis points: no quality screen, no dividend-growth-streak test, just yield, at scale since 2006.

Stated mandate

GVUS The Fund seeks to track, before fees and expenses, the performance of an underlying index representing the large- and mid-capitalization value segment of U.S. equity issuers.

VYM The Fund seeks to track a benchmark index measuring the investment return of common stocks from companies characterized by high dividend yields.

Why people hold it

• GVUS Charges 0.12% a year against a 0.32% median for its factor peer group. Index-fund pricing with a Goldman nameplate.
• Tracks its benchmark tightly, one of the cleanest index implementations in its peer group.
• Roughly 900 large- and mid-cap value stocks, sorted by Russell's published style rules rather than anyone's stock picks.gs.com
• The benchmark is the 40 Act Daily Capped version: FTSE Russell watches weights daily to keep single names under 1940 Act diversification thresholds. Concentration control is built into the index.ftserussell.com

• VYM Four basis points a year, against a peer-group median near 0.32%. Cheaper than cohort neighbors VONV (0.06%) and FNDX (0.25%).
• Running since 2006 and now a multi-billion-dollar fund that trades actively, so ordinary orders tend to fill at tight spreads.
• Simple mandate: track the FTSE High Dividend Yield Index of US common stocks screened on yield. No manager discretion, no options overlay, plain 1940-Act fund.vanguard.com
• Pays quarterly, and among 100-plus value and multifactor rivals it stands as one of the strongest overall packages in the group.

Worth knowing

• GVUS One of the thinner-traded names in its category. Spreads matter more here than with the household-name value funds, so limit orders earn their keep.
• Launched in late 2023, so the live record is short next to Russell 1000 Value trackers with decades behind them.
• Cheap, not cheapest: Vanguard's VONV runs the same Russell 1000 Value exposure at 0.06%.

• VYM The screen is yield, not payout growth or dividend quality, so a company can qualify simply because its share price fell.
• This is a value slice by design, tilted to established payers, so it behaves differently from a total US market fund.
• Roughly 600 holdings, but weight leans toward the largest payers, so the top of the roster does more of the work than the count suggests.

Full GVUS profile⁠

Full VYM profile⁠