FIGB vs VYM
FIGB vs VYM
Fidelity Investment Grade Bond 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 | FIGB | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.04% | |
| AUM | $507M | $79.0B | |
| Dividend Yield | 4.45% | 2.86% | |
| Holdings | 760 | 568 | |
| YTD Return | -0.02% | +15.80% | |
| 1Y Return | +2.12% | +26.12% | |
| 3Y Return (annualized) | +4.14% | +18.25% | |
| 5Y Return (annualized) | -0.09% | +12.51% | |
| Volatility (annualized) | 6.3% | 14.6% | |
| Max Drawdown | -18.1% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 2, 2021 | Nov 10, 2006 |
FIGB vs VYM Performance
Fidelity Investment Grade Bond ETF (FIGB) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FIGB returned +2.12% while VYM returned +26.12%. Year to date, FIGB is down 0.02% versus a gain of 15.80% for VYM.
Over three years, FIGB compounded at +4.14% per year against +18.25% for VYM; over five years the annualized figures are -0.09% and +12.51% respectively. Across the full 5-year window we track, VYM has the edge at +7.07% annualized vs +0.33%. 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 6.3% for FIGB. 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 -18.1% for FIGB 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIGB charges 0.36% per year while VYM charges 0.04%. On a $10,000 position that is $36 vs $4 annually, a gap of $32 per year that compounds over a long holding period. On income, FIGB currently yields 4.45% against 2.86% for VYM.
Holdings Overlap
FIGB and VYM share 0 holdings out of 572 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FIGB or VYM?
FIGB has an expense ratio of 0.36% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FIGB or VYM?
Over the past year FIGB returned +2.12% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), FIGB annualized +0.33% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, FIGB or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 6.3% for FIGB. Worst drawdown: FIGB -18.1% vs VYM -58.8%.
Should I hold both FIGB and VYM?
FIGB and VYM have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIGB and VYM?
FIGB and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 572 unique securities.
Which pays a higher dividend, FIGB or VYM?
FIGB yields 4.45% while VYM yields 2.86%, so FIGB currently pays the higher dividend yield.
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