IMCV vs VYM
IMCV vs VYM
iShares Morningstar Mid-Cap Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. IMCV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | IMCV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.04% | |
| AUM | $1.1B | $79.0B | |
| Dividend Yield | 1.89% | 2.86% | |
| Holdings | 275 | 568 | |
| YTD Return | +16.11% | +13.24% | |
| 1Y Return | +26.42% | +23.76% | |
| 3Y Return (annualized) | +15.78% | +16.97% | |
| 5Y Return (annualized) | +10.97% | +12.26% | |
| Volatility (annualized) | 17.7% | 14.6% | |
| Max Drawdown | -66.5% | -58.8% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2004 | Nov 10, 2006 |
IMCV vs VYM Performance
iShares Morningstar Mid-Cap Value ETF (IMCV) is a ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year IMCV returned +26.42% while VYM returned +23.76%. Year to date, IMCV is up 16.11% versus a gain of 13.24% for VYM.
Over three years, IMCV compounded at +15.78% per year against +16.97% for VYM; over five years the annualized figures are +10.97% and +12.26% respectively. Across the full 20-year window we track, IMCV has the edge at +7.95% annualized vs +6.96%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IMCV has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -66.5% for IMCV and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IMCV charges 0.06% per year while VYM charges 0.04%. On a $10,000 position that is $6 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, IMCV currently yields 1.89% against 2.86% for VYM.
Holdings Overlap
IMCV and VYM share 142 holdings out of 687 unique holdings combined, representing a 24.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IMCV | Weight in VYM | Difference |
|---|---|---|---|
| PNC | 1.46% | 0.37% | 1.09% |
| USB | 1.40% | 0.37% | 1.03% |
| ADP | 1.38% | 0.38% | 1.00% |
| MMM | Pro | Pro | Pro |
| UPS | Pro | Pro | Pro |
| ELV | Pro | Pro | Pro |
| MDLZ | Pro | Pro | Pro |
| VLO | Pro | Pro | Pro |
| CI | Pro | Pro | Pro |
| TRV | Pro | Pro | Pro |
See all 10 holdings IMCV shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IMCV or VYM?
IMCV has an expense ratio of 0.06% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, IMCV or VYM?
Over the past year IMCV returned +26.42% vs +23.76% for VYM, so IMCV leads on 1-year performance. Over the longest common window we track (20 years), IMCV annualized +7.95% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, IMCV or VYM?
IMCV has been the more volatile fund at 17.7% annualized versus 14.6% for VYM. Worst drawdown: IMCV -66.5% vs VYM -58.8%.
Should I hold both IMCV and VYM?
IMCV and VYM have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IMCV and VYM?
IMCV and VYM share 142 common holdings with a 24.7% weight overlap. Combined, they hold 687 unique securities.
Which pays a higher dividend, IMCV or VYM?
IMCV yields 1.89% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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