VYMI(VYMI)
AI Look-Through Summary
AI GeneratedThe VYMI ETF presents a distinct geographic tilt toward international markets, evidenced by its substantial assets under management of $18.9 billion and top holdings such as HSBA, ROP, NOVN, NESN, SHEL, RY, CBA, 7203, 8306, and BHP. These constituents suggest a primary focus on developed markets outside the United States, with significant representation from financial services, energy, technology, basic materials, and consumer cyclicals. The sector weightings indicate that Financial Services commands the largest portion at 5.6%, followed by Energy at 3.4% and Technology at 1.8%. This distribution implies a portfolio constructed to capture exposure across diverse global industries rather than concentrating in a single domestic market or narrow thematic niche.
Top holdings concentration reveals a highly diversified structure where no single position exceeds 2% of the fund, with the largest weights hovering around 1.5% to 1.7%. The inclusion of entities like HSBA alongside technology-focused names and resource giants such as SHEL and BHP underscores a broad-based approach that spans multiple economic sectors globally. While specific tickers for several top holdings are listed without explicit sector tags in the raw data, their classification within financial services, energy, or materials aligns with the stated sector weights, reinforcing an exposure to cyclical industries often sensitive to global macroeconomic conditions. The presence of major international banks and resource companies suggests that performance may correlate closely with trends affecting emerging and developed economies outside North America.
Quantitatively, the fund's size relative to its top holdings indicates a broad market approach rather than a concentrated bet on individual large-cap winners within specific regions. The spread across Financial Services, Energy, Technology, Basic Materials, and Consumer Cyclical sectors provides a composite view of global economic health but also exposes the portfolio to simultaneous volatility from these varying industries. Investors examining this vehicle should consider how shifts in international interest rates or commodity prices might impact the weighted average performance of its constituent groups. The data reflects a strategy designed for investors seeking diversified access to non-U.S. equities across key industrial and financial pillars, though the specific risk profile depends on future sector rotations within those global markets.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-22 03:24:02.93828+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 65/100The investment theme implied by the ETF name suggests a focus on global mega-cap equities, yet the actual portfolio composition reveals a significant divergence from pure thematic purity. While several top holdings like HSBA and RY are indeed massive entities within their respective regions, the inclusion of stocks such as NOVN (a small Spanish tech firm) and NESN alongside traditional industrial giants creates a hybrid profile that blends broad market exposure with specific sector bets. The presence of multiple holdings marked "N/A" in terms of clear thematic categorization indicates that the fund's construction relies heavily on size metrics rather than strict adherence to a singular growth or innovation narrative, effectively using large-cap status as a proxy for stability across disparate industries like energy and materials.
Sector coherence presents another layer of complexity regarding the fund's differentiation from standard broad-market indices. Although Financial Services dominates with 5.6% weighting, this is spread thinly across fifteen holdings rather than concentrated in leaders that would define a pure financial theme. The sector breakdown shows a fragmented approach where Energy, Basic Materials, and Technology each hold minimal weightings relative to their global counterparts, suggesting the fund captures a slice of every major industry simply because those sectors contain large companies. Consequently, while the portfolio avoids extreme concentration with a top-10 holding limit of 13.2%, it lacks the distinct sector tilt that would clearly separate its performance from a diversified global index, resulting in an allocation that prioritizes size over specific thematic exposure.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-23 21:22:35.298324+00
🏢 Sector Analysis
AI GeneratedThe sector allocation profile of VYMI reveals a distinct lack of exposure to the dominant growth engines typically found in modern equity markets, with Technology and Communication Services representing merely 2.1% combined. Instead, the fund's composition is heavily skewed toward Financial Services at 5.6%, followed by Energy at 3.4% and Basic Materials at 1.6%. This distribution suggests an investment thesis centered on traditional economic pillars rather than innovation or digital transformation, potentially aiming to capture value from established industries that may be undervalued relative to high-growth sectors. The minimal presence of Consumer Defensive, Healthcare, and Industrials further indicates a deliberate avoidance of defensive hedges or stable cash-flow generators often sought during periods of market volatility.
Concentration risk appears manageable given the Top-10 holdings account for only 13.2% of assets, implying a broad dispersion across smaller positions rather than reliance on a few large-cap leaders. However, this breadth is somewhat superficial due to the low number of underlying securities in many sectors; for instance, Technology and Communication Services are represented by just four and two holdings respectively. The inclusion of specific names like HSBA alongside sector-specific entities such as ROP and NOVN highlights a potential reliance on international or niche exposures that may not align with standard domestic market benchmarks. While the low top-10 concentration mitigates single-stock risk, the overall structure reflects a highly specialized mandate that diverges significantly from diversified broad-market strategies, leaving the portfolio vulnerable to underperformance if traditional sectors fail to outperform their modern counterparts.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-23 14:29:38.333049+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share VYMI's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of VYMI's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| CWICWI | $2B | — | 346 | 71.9% |
| VXUSVXUS | $624B | — | 250 | 70.2% |
| VEUVEU | $86B | — | 249 | 70.1% |
| SPDWSPDW | $36B | — | 322 | 66.2% |
| VEAVanguard FTSE Developed Markets Index Fund ETF Shares | $290B | — | 243 | 63.9% |
72% of VYMI's portfolio by weight is also held by CWI. When CWI receives inflows, it mechanically buys these shared stocks — dragging VYMI's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofVYMI's weight.
Overlap computed from constituent-level holdings data across 5 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.
ETF Look-Through Dashboard
Replaces $249/yr MorningstarPeer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Weighted metrics calculated based on 22% of fund assets with available data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Sector & Cap Explorer
ETF Fundamental Radar
Operational health is mixed, with the bulk of weight in the mid-range (4–6) Piotroski scores.
Piotroski F-Score (Operational Health)
Score 0-9: Measures Profitability, Leverage, and Efficiency
Based on 21% of fund weight with Piotroski data.
Computed by rolling up individual stock Piotroski F-Scores, Altman Z-Scores, and Beneish M-Scores weighted by each constituent's allocation. Data that Vanguard and BlackRock don't surface.
Dividend Safety True-Up
DeterministicThe dividend-paying companies inside VYMI collectively pay out 58% of their Free Cash Flow to maintain the current yield. This is a sustainable payout level with moderate room for dividend growth. Based on 14% of fund weight in dividend-paying stocks.
FCF Payout Ratio = Dividends Paid / Free Cash Flow, weighted by constituent allocation. Not investment advice.
Earnings vs. Price Decomposition
ProprietaryVYMI is up 31.5% over the last 12 months. The underlying weighted earnings growth of its constituents is +18.5%. The remaining +13.0% of performance is driven by multiple expansion (P/E inflation) — prices rose faster than earnings grew.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 20% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of VYMI's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of VYMI's analyzed weight, 62% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 38% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 12% of fund weight with available data. Not investment advice.
Passive Crowding Score
SEVEREHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
VYMI has a Passive Crowding Score of 100/100. On average, 62.3% of the market capitalization of VYMI's underlying holdings is structurally locked in passive ETF vehicles. In the event of a broad sell-off, VYMI faces elevated "gap-down" risk — as passive redemptions force simultaneous selling of constituents where a large portion of the float is not actively trading.
Passive $ = Σ(ETF AUM × holding weight) across all 8 tracked ETFs. Actual passive ownership is higher (includes mutual funds, pension funds). Not investment advice.
Under the Hood — Top 15 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | HSBA | HSBC Holdings plc | 1.70% | — | — |
| 2 | ROP | Roche Holding AG Technology | 1.54% | 20.3x | 5/9 |
| 3 | NOVN | Novartis AG | 1.52% | — | — |
| 4 | NESN | Nestle SA | 1.40% | — | — |
| 5 | SHEL | Shell plc Energy | 1.40% | 13.1x | 5/9 |
| 6 | RY | Royal Bank of Canada Financial Services | 1.35% | 17.1x | 3/9 |
| 7 | CBA | Commonwealth Bank of Australia | 1.13% | — | — |
| 8 | 7203 | Toyota Motor Corp. | 1.07% | — | — |
| 9 | 8306 | Mitsubishi UFJ Financial Group Inc. | 1.06% | — | — |
| 10 | BHP | BHP Group Ltd. Basic Materials | 1.05% | 22.1x | 4/9 |
| 11 | TD | Toronto-Dominion Bank Financial Services | 0.97% | 18.4x | 4/9 |
| 12 | ALV | Allianz SE Consumer Cyclical | 0.94% | 13.7x | 7/9 |
| 13 | TTE | TotalEnergies SE | 0.91% | 15.4x | 5/9 |
| 14 | IBE | Iberdrola SA | 0.82% | — | — |
| 15 | UBSG | UBS Group AG | 0.75% | — | — |
Historical Holdings Snapshots
Browse how VYMI’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-05-24
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 5 | NESN | 1.40% | 2,809,191 | $284.4M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
2026-05-23
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | NESN | 1.40% | 2,809,191 | $284.4M |
| 5 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
2026-05-22
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | NESN | 1.40% | 2,809,191 | $284.4M |
| 5 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
2026-05-21
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 5 | NESN | 1.40% | 2,809,191 | $284.4M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
2026-05-20
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 5 | NESN | 1.40% | 2,809,191 | $284.4M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
2026-05-19
15 holdings · 17.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | HSBA | 1.70% | 18,735,583 | $344.7M |
| 2 | ROP | 1.54% | 766,581 | $312.4M |
| 3 | NOVN | 1.52% | 2,089,955 | $308.9M |
| 4 | SHEL | 1.40% | 6,215,961 | $282.6M |
| 5 | NESN | 1.40% | 2,809,191 | $284.4M |
| 6 | RY | 1.35% | 1,520,375 | $273.5M |
| 7 | CBA | 1.13% | 1,821,724 | $229.5M |
| 8 | 7203 | 1.07% | 11,290,233 | $216.7M |
| 9 | 8306 | 1.06% | 12,001,300 | $215.6M |
| 10 | BHP | 1.05% | 5,351,544 | $211.8M |
| 11 | TD | 0.97% | 1,823,357 | $196.4M |
| 12 | ALV | 0.94% | 414,922 | $189.5M |
| 13 | TTE | 0.91% | 1,977,004 | $183.8M |
| 14 | IBE | 0.82% | 7,092,991 | $166.3M |
| 15 | UBSG | 0.75% | 3,417,829 | $151.2M |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
What Drove VYMI Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How VYMI’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.
SecuritiesDB is for informational purposes only. Not investment advice.