FISR vs VYM
State Street Fixed Income Sector Rotation ETF vs Vanguard High Dividend Yield ETF
Which is better, FISR or VYM?
Short Term High Quality against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | FISR | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $627M | $81.6B |
| Dividend Yield | 4.25% | 2.22% |
| Holdings | 12 | 613 |
| YTD Return | -1.43% | +13.91%Best |
| 1Y Return | -1.13% | +17.57%Best |
| 3Y Return (annualized) | +3.37% | +18.12%Best |
| 5Y Return (annualized) | -1.55% | +12.17%Best |
| Volatility (annualized) | 6.0%Best | 15.3% |
| Max Drawdown | -21.3%Best | -35.7% |
| $10,000 over 5 years | $9,249 | $17,758Best |
| Top 10 Weight | - | 25.9% |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Short Term High Quality | Large Cap Value |
| Inception | Apr 2, 2019 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Apr 3, 2019 to Sep 11, 2026 (7.4 years).
FISR 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 7.4 years both funds cover.
FISR vs VYM Performance
State Street Fixed Income Sector Rotation ETF (FISR) is an ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year FISR returned -1.13% while VYM returned +17.57%. Year to date, FISR is down 1.43% versus a gain of 13.91% for VYM.
Over three years, FISR compounded at +3.37% per year against +18.12% for VYM; over five years the annualized figures are -1.55% and +12.17% respectively. Across the full 7-year window we track, VYM has the edge at +11.25% annualized vs -0.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 6.0% for FISR. 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 -21.3% for FISR and -35.7% 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 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FISR charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, FISR currently yields 4.25% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 9 holdings in FISR and 603 in VYM, totalling 99.9% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 9 positions we hold weights for in FISR and 603 in VYM, against full books of 12 and 613.
What only one of them owns
Our book lists 568 positions for VYM that do not appear in our book for FISR (97.5% of the fund), and 9 for FISR that do not appear in VYM (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of FISR and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FISR or VYM?
FISR has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, FISR or VYM?
Over the past year FISR returned -1.13% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (7 years), FISR annualized -0.24% vs +11.25% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FISR or VYM?
VYM has been the more volatile fund at 15.3% annualized versus 6.0% for FISR. Worst drawdown: FISR -21.3% vs VYM -35.7%.
Should I hold both FISR and VYM?
FISR and VYM have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FISR or VYM?
FISR yields 4.25% while VYM yields 2.22%, so FISR currently pays the higher dividend yield.
Is VYM better than FISR?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.