IQSZ vs VYM
IQSZ vs VYM
Invesco Global Equity Net Zero ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. IQSZ delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | IQSZ | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.04% | |
| AUM | $169M | $79.0B | |
| Dividend Yield | 1.43% | 2.86% | |
| Holdings | 506 | 568 | |
| YTD Return | +16.03% | +15.57% | |
| 1Y Return | +30.80% | +25.99% | |
| 3Y Return (annualized) | - | +18.02% | |
| 5Y Return (annualized) | - | +12.71% | |
| Volatility (annualized) | 11.5% | 14.6% | |
| Max Drawdown | -9.1% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 16, 2025 | Nov 10, 2006 |
IQSZ vs VYM Performance
Invesco Global Equity Net Zero ETF (IQSZ) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year IQSZ returned +30.80% while VYM returned +25.99%. Year to date, IQSZ is up 16.03% versus a gain of 15.57% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 11.5% for IQSZ. 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 -9.1% for IQSZ 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSZ charges 0.19% per year while VYM charges 0.04%. On a $10,000 position that is $19 vs $4 annually, a gap of $15 per year that compounds over a long holding period. On income, IQSZ currently yields 1.43% against 2.86% for VYM.
Holdings Overlap
IQSZ and VYM share 91 holdings out of 953 unique holdings combined, representing a 20.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IQSZ | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 0.68% | 6.47% | 5.79% |
| JPM | 0.75% | 3.36% | 2.61% |
| JNJ | 0.89% | 2.62% | 1.73% |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
See all 10 holdings IQSZ 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, IQSZ or VYM?
IQSZ has an expense ratio of 0.19% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, IQSZ or VYM?
Over the past year IQSZ returned +30.80% vs +25.99% for VYM, so IQSZ leads on 1-year performance. Over the longest common window we track (1 years), IQSZ annualized +30.14% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, IQSZ or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 11.5% for IQSZ. Worst drawdown: IQSZ -9.1% vs VYM -58.8%.
Should I hold both IQSZ and VYM?
IQSZ and VYM have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IQSZ and VYM?
IQSZ and VYM share 91 common holdings with a 20.4% weight overlap. Combined, they hold 953 unique securities.
Which pays a higher dividend, IQSZ or VYM?
IQSZ yields 1.43% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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