GYLD vs VOOV

GYLDFArrow Dow Jones Global Yield ETF

VOOVAVanguard S&P 500 Value ETF

In short

GYLD One ticker, five income buckets. GYLD tracks a Dow Jones index that hunts high yielders across dividend stocks, sovereign debt, corporate bonds, real estate and alternatives, and pays monthly. A 2012 vintage.

VOOV Vanguard takes the S&P 500, sorts it by value traits, and hands you the cheap half: roughly 400 familiar large caps, one published index, seven basis points. A value tilt without leaving the blue-chip universe.

Stated mandate

GYLD The Fund passively seeks to match, before fees and expenses, the price and yield performance of the Dow Jones Global Composite Yield Index. It normally invests at least 80% of total assets in index components or depositary receipts.

VOOV The fund seeks to track the performance of the S&P 500 Value Index.

Why people hold it

• GYLD Yield from five places, not one: global dividend stocks, sovereign debt, corporate bonds, real estate, and alternatives like MLPs, preferreds and royalty trusts.spglobal.comspglobal.com 2
• Cash lands monthly, and the approach is rules-based: at least 80% of assets in the index's own components, no manager hunches.
• Developed and emerging markets both in scope, so the yield search is not limited to US paper.spglobal.com
• Running since 2012, through a full rate cycle up and back down.

• VOOV Charges 0.07% a year against a 0.45% median for its index-tracker peer group. The value tilt arrives without the usual factor-fund markup.
• No manager discretion. It follows one published benchmark, the S&P 500 Value Index, holding roughly 400 large-cap names most investors already know.vanguard.com
• Running since 2010 and now a multi-billion-dollar fund, it sits among the strongest implementations in its peer group of plain index wrappers.

Worth knowing

• GYLD 0.75% a year, roughly ten times what plain vanilla index peers like VT (0.06%) charge, and above the typical index wrapper in its group.
• Small and thinly traded: spreads can be wide and a big order can move the price. Not the frictionless tape of a mega-fund.
• Distributions can include return of capital, so a monthly check is not always pure income. Reaching for yield also adds credit and currency risk.

• VOOV SPYV tracks the same S&P 500 Value Index for 0.04%. Same benchmark, thinner fee.
• You own one side of the index. When the growth half of the S&P 500 leads, this fund's path diverges from the headline benchmark.
• Volume is moderate rather than heavy, so spreads can run wider than the busiest large-cap ETFs. Cash comes back quarterly, not monthly.

Full GYLD profile⁠

Full VOOV profile⁠