QVMT vs VYM
QVMT vs VYM
Invesco S&P 500 Concentrated QVM ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. QVMT delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | QVMT | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.13% | 0.04% | |
| AUM | $135M | $79.0B | |
| Dividend Yield | 1.77% | 2.86% | |
| Holdings | 103 | 568 | |
| YTD Return | +15.89% | +15.45% | |
| 1Y Return | +32.95% | +26.05% | |
| 3Y Return (annualized) | +18.33% | +17.96% | |
| 5Y Return (annualized) | +12.61% | +12.54% | |
| Volatility (annualized) | 20.1% | 14.6% | |
| Max Drawdown | -48.7% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2015 | Nov 10, 2006 |
QVMT vs VYM Performance
Invesco S&P 500 Concentrated QVM ETF (QVMT) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year QVMT returned +32.95% while VYM returned +26.05%. Year to date, QVMT is up 15.89% versus a gain of 15.45% for VYM.
Over three years, QVMT compounded at +18.33% per year against +17.96% for VYM; over five years the annualized figures are +12.61% and +12.54% respectively. Across the full 11-year window we track, QVMT has the edge at +10.63% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QVMT has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -48.7% for QVMT 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QVMT charges 0.13% per year while VYM charges 0.04%. On a $10,000 position that is $13 vs $4 annually, a gap of $9 per year that compounds over a long holding period. On income, QVMT currently yields 1.77% against 2.86% for VYM.
Holdings Overlap
QVMT and VYM share 63 holdings out of 596 unique holdings combined, representing a 18.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QVMT | Weight in VYM | Difference |
|---|---|---|---|
| CAT | 5.62% | 1.51% | 4.11% |
| XOM | 4.20% | 2.83% | 1.37% |
| CSCO | 4.61% | 1.39% | 3.22% |
| T | Pro | Pro | Pro |
| NEM | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| CVS | Pro | Pro | Pro |
| CB | Pro | Pro | Pro |
| PGR | Pro | Pro | Pro |
| VLO | Pro | Pro | Pro |
See all 10 holdings QVMT 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, QVMT or VYM?
QVMT has an expense ratio of 0.13% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, QVMT or VYM?
Over the past year QVMT returned +32.95% vs +26.05% for VYM, so QVMT leads on 1-year performance. Over the longest common window we track (11 years), QVMT annualized +10.63% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, QVMT or VYM?
QVMT has been the more volatile fund at 20.1% annualized versus 14.6% for VYM. Worst drawdown: QVMT -48.7% vs VYM -58.8%.
Should I hold both QVMT and VYM?
QVMT and VYM have a monthly-return correlation of 0.91, 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 QVMT and VYM?
QVMT and VYM share 63 common holdings with a 18.3% weight overlap. Combined, they hold 596 unique securities.
Which pays a higher dividend, QVMT or VYM?
QVMT yields 1.77% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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