IWR vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. IWR offers more diversification with 798 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: IWR

Side-by-Side Comparison

MetricIWRVYMWinner
Expense Ratio0.18%0.04%
AUM$56.1B$79.0B
Dividend Yield1.15%2.86%
Holdings831568
YTD Return+16.66%+15.57%
1Y Return+21.96%+25.99%
3Y Return (annualized)+16.41%+18.02%
5Y Return (annualized)+8.70%+12.71%
Volatility (annualized)17.0%14.6%
Max Drawdown-59.7%-58.8%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionJul 17, 2001Nov 10, 2006

IWR vs VYM Performance

iShares Russell Mid-Cap ETF (IWR) 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 IWR returned +21.96% while VYM returned +25.99%. Year to date, IWR is up 16.66% versus a gain of 15.57% for VYM.

Over three years, IWR compounded at +16.41% per year against +18.02% for VYM; over five years the annualized figures are +8.70% and +12.71% respectively. Across the full 20-year window we track, IWR has the edge at +8.78% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IWR has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -59.7% for IWR 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IWR 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, IWR currently yields 1.15% against 2.86% for VYM.

Holdings Overlap

20.1%overlap

IWR and VYM share 243 holdings out of 1113 unique holdings combined, representing a 20.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IWRWeight in VYMDifference
MPC0.57%0.26%0.31%
PSX0.51%0.27%0.24%
KMI0.44%0.28%0.16%
ALLProProPro
LHXProProPro
BKRProProPro
CAHProProPro
OKEProProPro
FProProPro
FASTProProPro
See all 10 holdings IWR shares with VYM
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Frequently Asked Questions

Which is cheaper, IWR or VYM?

IWR 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, IWR or VYM?

Over the past year IWR returned +21.96% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), IWR annualized +8.78% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, IWR or VYM?

IWR has been the more volatile fund at 17.0% annualized versus 14.6% for VYM. Worst drawdown: IWR -59.7% vs VYM -58.8%.

Should I hold both IWR and VYM?

IWR and VYM have a monthly-return correlation of 0.90, 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 IWR and VYM?

IWR and VYM share 243 common holdings with a 20.1% weight overlap. Combined, they hold 1113 unique securities.

Which pays a higher dividend, IWR or VYM?

IWR yields 1.15% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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