IVOG vs VYM
IVOG vs VYM
Vanguard S&P Mid-Cap 400 Growth ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. IVOG delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | IVOG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.04% | |
| AUM | $1.7B | $79.0B | |
| Dividend Yield | 0.81% | 2.86% | |
| Holdings | 246 | 568 | |
| YTD Return | +19.95% | +15.80% | |
| 1Y Return | +28.33% | +26.12% | |
| 3Y Return (annualized) | +16.32% | +18.25% | |
| 5Y Return (annualized) | +8.54% | +12.51% | |
| Volatility (annualized) | 16.7% | 14.6% | |
| Max Drawdown | -39.3% | -58.8% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Nov 10, 2006 |
IVOG vs VYM Performance
Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is a ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year IVOG returned +28.33% while VYM returned +26.12%. Year to date, IVOG is up 19.95% versus a gain of 15.80% for VYM.
Over three years, IVOG compounded at +16.32% per year against +18.25% for VYM; over five years the annualized figures are +8.54% and +12.51% respectively. Across the full 16-year window we track, IVOG has the edge at +12.60% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVOG has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -39.3% for IVOG 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVOG charges 0.10% per year while VYM charges 0.04%. On a $10,000 position that is $10 vs $4 annually, a gap of $6 per year that compounds over a long holding period. On income, IVOG currently yields 0.81% against 2.86% for VYM.
Holdings Overlap
IVOG and VYM share 41 holdings out of 762 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVOG | Weight in VYM | Difference |
|---|---|---|---|
| DTM | 0.56% | 0.06% | 0.50% |
| FLS | 0.50% | 0.05% | 0.45% |
| EWBC | 0.47% | 0.07% | 0.40% |
| EVR | Pro | Pro | Pro |
| FCFS | Pro | Pro | Pro |
| SOLS | Pro | Pro | Pro |
| AM | Pro | Pro | Pro |
| DKS | Pro | Pro | Pro |
| SF | Pro | Pro | Pro |
| EQH | Pro | Pro | Pro |
See all 10 holdings IVOG 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, IVOG or VYM?
IVOG has an expense ratio of 0.10% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, IVOG or VYM?
Over the past year IVOG returned +28.33% vs +26.12% for VYM, so IVOG leads on 1-year performance. Over the longest common window we track (16 years), IVOG annualized +12.60% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, IVOG or VYM?
IVOG has been the more volatile fund at 16.7% annualized versus 14.6% for VYM. Worst drawdown: IVOG -39.3% vs VYM -58.8%.
Should I hold both IVOG and VYM?
IVOG and VYM have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVOG and VYM?
IVOG and VYM share 41 common holdings with a 1.4% weight overlap. Combined, they hold 762 unique securities.
Which pays a higher dividend, IVOG or VYM?
IVOG yields 0.81% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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