BLCV vs VYM
iShares Large Cap Value Active ETF vs Vanguard High Dividend Yield ETF
Which is better, BLCV or VYM?
BLCV has been ahead.
VYM has a lower expense ratio. BLCV led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BLCV | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $339M | $83.1B |
| Dividend Yield | 1.21% | 2.22% |
| Holdings | 56 | 608 |
| YTD Return | +13.18%Best | +11.95% |
| 1Y Return | +21.62%Best | +16.90% |
| 3Y Return (annualized) | +20.28%Best | +19.05% |
| 5Y Return (annualized) | - | +11.90% |
| Volatility (annualized) | 13.6% | 11.3%Best |
| Max Drawdown | -13.4%Best | -14.5% |
| $10,000 over 3.4 years | $17,855Best | $17,029 |
| Top 10 Weight | 42.1% | 26.1%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 19, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 23, 2023 to Oct 12, 2026 (3.4 years).
BLCV vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
BLCV vs VYM Performance
iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BLCV returned +21.62% while VYM returned +16.90%. Year to date, BLCV is up 13.18% versus a gain of 11.95% for VYM.
Over three years, BLCV compounded at +20.28% per year against +19.05% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BLCV has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.3% 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 -13.4% for BLCV and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, BLCV currently yields 1.21% against 2.22% for VYM.
Holdings Overlap
51.9% of BLCV's money is in holdings VYM also owns. 18.2% of VYM's money is in holdings BLCV also owns.
The two portfolios partly overlap.
32 positions in common, counted across the 55 positions we hold weights for in BLCV and 557 in VYM, against full books of 56 and 608.
What only one of them owns
Our book lists 496 positions for VYM that do not appear in our book for BLCV (78.9% of the fund), and 22 for BLCV that do not appear in VYM (45.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BLCV | Weight in VYM | Difference |
|---|---|---|---|
| CVXChevron Corp | 3.85% | 1.48% | 2.37% |
| JNJJohnson & Johnson - Common | 2.27% | 2.51% | 0.24% |
| WFCWells Fargo & Co. | 3.10% | 1.07% | 2.03% |
| MRKMerck & Company Inc | 2.58% | 1.31% | 1.27% |
| UNHUnitedhealth Group Incorporated | 2.10% | 1.52% | 0.58% |
| CVSCvs Health Corp. | 2.68% | 0.54% | 2.14% |
| CCitigroup Inc. | 2.22% | 0.89% | 1.33% |
| HDHome Depot Inc/The | 1.51% | 1.34% | 0.17% |
| DISWalt Disney Co | 2.05% | 0.69% | 1.36% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 2.37% | 0.16% | 2.21% |
51.9% of BLCV is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BLCV or VYM?
BLCV has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, BLCV or VYM?
Over the past year BLCV returned +21.62% vs +16.90% for VYM, so BLCV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BLCV or VYM?
BLCV has been the more volatile fund at 13.6% annualized versus 11.3% for VYM. Worst drawdown: BLCV -13.4% vs VYM -14.5%.
Should I hold both BLCV and VYM?
BLCV and VYM have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BLCV and VYM?
51.9% of BLCV's money is in holdings VYM also owns. 18.2% of VYM's is in holdings BLCV also owns. They hold 32 positions in common, counted across the 55 positions we hold weights for in BLCV and 557 in VYM.
Which pays a higher dividend, BLCV or VYM?
BLCV yields 1.21% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than BLCV?
VYM has a lower expense ratio. BLCV led over 1Y, 3Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.