IVW vs VYM
IVW vs VYM
iShares S&P 500 Growth 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 | IVW | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.04% | |
| AUM | $72.2B | $79.0B | |
| Dividend Yield | 0.36% | 2.86% | |
| Holdings | 152 | 568 | |
| YTD Return | +12.28% | +13.82% | |
| 1Y Return | +21.86% | +24.08% | |
| 3Y Return (annualized) | +25.83% | +17.72% | |
| 5Y Return (annualized) | +13.48% | +12.13% | |
| Volatility (annualized) | 16.2% | 14.6% | |
| Max Drawdown | -72.1% | -58.8% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Nov 10, 2006 |
IVW vs VYM Performance
iShares S&P 500 Growth ETF (IVW) 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 IVW returned +21.86% while VYM returned +24.08%. Year to date, IVW is up 12.28% versus a gain of 13.82% for VYM.
Over three years, IVW compounded at +25.83% per year against +17.72% for VYM; over five years the annualized figures are +13.48% and +12.13% respectively. Across the full 20-year window we track, IVW has the edge at +7.76% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVW has been the more volatile fund, with annualized monthly volatility of 16.2% 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 -72.1% for IVW 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVW charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, IVW currently yields 0.36% against 2.86% for VYM.
Holdings Overlap
IVW and VYM share 35 holdings out of 672 unique holdings combined, representing a 16.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVW | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 5.01% | 6.47% | 1.46% |
| JPM | 1.74% | 3.36% | 1.62% |
| JNJ | 1.04% | 2.62% | 1.58% |
| CAT | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| PM | Pro | Pro | Pro |
| GS | Pro | Pro | Pro |
| IBM | Pro | Pro | Pro |
See all 10 holdings IVW 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, IVW or VYM?
IVW has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IVW or VYM?
Over the past year IVW returned +21.86% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), IVW annualized +7.76% vs +6.98% for VYM. Past performance does not guarantee future results.
Which is riskier, IVW or VYM?
IVW has been the more volatile fund at 16.2% annualized versus 14.6% for VYM. Worst drawdown: IVW -72.1% vs VYM -58.8%.
Should I hold both IVW and VYM?
IVW and VYM have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVW and VYM?
IVW and VYM share 35 common holdings with a 16.1% weight overlap. Combined, they hold 672 unique securities.
Which pays a higher dividend, IVW or VYM?
IVW yields 0.36% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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