GBLD vs VYM
Invesco MSCI Green Building 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 616 holdings.
Side-by-Side Comparison
| Metric | GBLD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.04% | |
| AUM | $6M | $81.6B | |
| Dividend Yield | 3.21% | 2.24% | |
| Holdings | 114 | 616 | |
| YTD Return | +4.28% | +15.60% | |
| 1Y Return | +18.62% | +23.48% | |
| 3Y Return (annualized) | +5.47% | +19.07% | |
| 5Y Return (annualized) | - | +12.50% | |
| Volatility (annualized) | 17.7% | 14.6% | |
| Max Drawdown | -39.7% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 22, 2021 | Nov 10, 2006 |
GBLD vs VYM Performance
Invesco MSCI Green Building ETF (GBLD) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GBLD returned +18.62% while VYM returned +23.48%. Year to date, GBLD is up 4.28% versus a gain of 15.60% for VYM.
Over three years, GBLD compounded at +5.47% per year against +19.07% for VYM. Across the full 5-year window we track, VYM has the edge at +7.05% annualized vs -1.90%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GBLD has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -39.7% for GBLD 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GBLD charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, GBLD currently yields 3.21% against 2.24% for VYM.
Holdings Overlap
GBLD and VYM share 1 holdings out of 704 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GBLD | Weight in VYM | Difference |
|---|---|---|---|
| KBH | 1.45% | 0.02% | 1.43% |
Frequently Asked Questions
Which is cheaper, GBLD or VYM?
GBLD has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, GBLD or VYM?
Over the past year GBLD returned +18.62% vs +23.48% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), GBLD annualized -1.90% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, GBLD or VYM?
GBLD has been the more volatile fund at 17.7% annualized versus 14.6% for VYM. Worst drawdown: GBLD -39.7% vs VYM -58.8%.
Should I hold both GBLD and VYM?
GBLD and VYM have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GBLD and VYM?
GBLD and VYM share 1 common holdings with a 0.0% weight overlap. Combined, they hold 704 unique securities.
Which pays a higher dividend, GBLD or VYM?
GBLD yields 3.21% while VYM yields 2.24%, so GBLD 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.