LDP vs VYM
LDP vs VYM
Cohen & Steers Limited Duration Preferred and Income Fund Inc. 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 | LDP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.55% | 0.04% | |
| AUM | $2,693.25 | $79.0B | |
| Dividend Yield | 7.03% | 2.86% | |
| Holdings | 286 | 568 | |
| YTD Return | +0.61% | +15.45% | |
| 1Y Return | +3.47% | +26.05% | |
| 3Y Return (annualized) | +12.42% | +17.96% | |
| 5Y Return (annualized) | +2.56% | +12.54% | |
| Volatility (annualized) | 13.7% | 14.6% | |
| Max Drawdown | -50.2% | -58.8% | |
| Fund Family | Cohen & Steers Funds | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jul 27, 2012 | Nov 10, 2006 |
LDP vs VYM Performance
Cohen & Steers Limited Duration Preferred and Income Fund Inc. (LDP) is a ETF from Cohen & Steers Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year LDP returned +3.47% while VYM returned +26.05%. Year to date, LDP is up 0.61% versus a gain of 15.45% for VYM.
Over three years, LDP compounded at +12.42% per year against +17.96% for VYM; over five years the annualized figures are +2.56% and +12.54% respectively. Across the full 14-year window we track, VYM has the edge at +7.06% annualized vs +1.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.7% for LDP. 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 -50.2% for LDP 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LDP charges 1.55% per year while VYM charges 0.04%. On a $10,000 position that is $155 vs $4 annually, a gap of $151 per year that compounds over a long holding period. On income, LDP currently yields 7.03% against 2.86% for VYM.
Holdings Overlap
LDP and VYM share 5 holdings out of 708 unique holdings combined, representing a 1.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in LDP | Weight in VYM | Difference |
|---|---|---|---|
| FHN | 1.72% | 0.05% | 1.67% |
| NEE | 0.41% | 0.86% | 0.45% |
| C | 0.28% | 0.81% | 0.53% |
| FITB | Pro | Pro | Pro |
| MTB | Pro | Pro | Pro |
See all 5 holdings LDP 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, LDP or VYM?
LDP has an expense ratio of 1.55% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $151 per year of difference.
Which performed better, LDP or VYM?
Over the past year LDP returned +3.47% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (14 years), LDP annualized +1.69% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, LDP or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.7% for LDP. Worst drawdown: LDP -50.2% vs VYM -58.8%.
Should I hold both LDP and VYM?
LDP and VYM have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LDP and VYM?
LDP and VYM share 5 common holdings with a 1.1% weight overlap. Combined, they hold 708 unique securities.
Which pays a higher dividend, LDP or VYM?
LDP yields 7.03% while VYM yields 2.86%, so LDP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.