IVVW vs VYM
IVVW vs VYM
iShares S&P 500 BuyWrite ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | IVVW | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.04% | |
| AUM | $325M | $79.0B | |
| Dividend Yield | 17.58% | 2.86% | |
| Holdings | 4 | 568 | |
| YTD Return | -1.78% | +13.24% | |
| 1Y Return | +6.29% | +23.76% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +12.26% | |
| Volatility (annualized) | 7.6% | 14.6% | |
| Max Drawdown | -16.8% | -58.8% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 14, 2024 | Nov 10, 2006 |
IVVW vs VYM Performance
iShares S&P 500 BuyWrite ETF (IVVW) 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 IVVW returned +6.29% while VYM returned +23.76%. Year to date, IVVW is down 1.78% versus a gain of 13.24% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 7.6% for IVVW. 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 -16.8% for IVVW 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVVW charges 0.25% per year while VYM charges 0.04%. On a $10,000 position that is $25 vs $4 annually, a gap of $21 per year that compounds over a long holding period. On income, IVVW currently yields 17.58% against 2.86% for VYM.
Holdings Overlap
IVVW and VYM share 208 holdings out of 845 unique holdings combined, representing a 28.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVVW | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 2.93% | 6.47% | 3.54% |
| JPM | 1.39% | 3.36% | 1.97% |
| XOM | 0.88% | 2.83% | 1.95% |
| JNJ | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
See all 10 holdings IVVW 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, IVVW or VYM?
IVVW has an expense ratio of 0.25% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, IVVW or VYM?
Over the past year IVVW returned +6.29% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), IVVW annualized +8.79% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, IVVW or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 7.6% for IVVW. Worst drawdown: IVVW -16.8% vs VYM -58.8%.
Should I hold both IVVW and VYM?
IVVW and VYM have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVVW and VYM?
IVVW and VYM share 208 common holdings with a 28.2% weight overlap. Combined, they hold 845 unique securities.
Which pays a higher dividend, IVVW or VYM?
IVVW yields 17.58% while VYM yields 2.86%, so IVVW currently pays the higher dividend yield.
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