GIGB vs VYM
Goldman Sachs Access Investment Grade Corporate Bond ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. GIGB offers more diversification with 2,467 holdings.
Side-by-Side Comparison
| Metric | GIGB | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.04% | |
| AUM | $976M | $81.6B | |
| Dividend Yield | 4.70% | 2.24% | |
| Holdings | 2,467 | 616 | |
| YTD Return | +0.11% | +15.60% | |
| 1Y Return | +2.52% | +23.48% | |
| 3Y Return (annualized) | +5.56% | +19.07% | |
| 5Y Return (annualized) | -0.21% | +12.50% | |
| Volatility (annualized) | 7.2% | 14.6% | |
| Max Drawdown | -23.1% | -58.8% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 6, 2017 | Nov 10, 2006 |
GIGB vs VYM Performance
Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is a ETF from Goldman Sachs Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GIGB returned +2.52% while VYM returned +23.48%. Year to date, GIGB is up 0.11% versus a gain of 15.60% for VYM.
Over three years, GIGB compounded at +5.56% per year against +19.07% for VYM; over five years the annualized figures are -0.21% and +12.50% respectively. Across the full 9-year window we track, VYM has the edge at +7.05% annualized vs +1.12%. 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 7.2% for GIGB. 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 -23.1% for GIGB 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GIGB charges 0.08% per year while VYM charges 0.04%. On a $10,000 position that is $8 vs $4 annually, a gap of $4 per year that compounds over a long holding period. On income, GIGB currently yields 4.70% against 2.24% for VYM.
Holdings Overlap
GIGB and VYM share 4 holdings out of 2141 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GIGB | Weight in VYM | Difference |
|---|---|---|---|
| KDP | 0.14% | 0.18% | 0.04% |
| ZTS 3 09/12/27 | 0.01% | 0.13% | 0.12% |
| RPRX | 0.00% | 0.10% | 0.10% |
| LEN 4.75 11/29/27 | Pro | Pro | Pro |
Frequently Asked Questions
Which is cheaper, GIGB or VYM?
GIGB has an expense ratio of 0.08% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, GIGB or VYM?
Over the past year GIGB returned +2.52% vs +23.48% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), GIGB annualized +1.12% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, GIGB or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 7.2% for GIGB. Worst drawdown: GIGB -23.1% vs VYM -58.8%.
Should I hold both GIGB and VYM?
GIGB and VYM have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GIGB and VYM?
GIGB and VYM share 4 common holdings with a 0.1% weight overlap. Combined, they hold 2141 unique securities.
Which pays a higher dividend, GIGB or VYM?
GIGB yields 4.70% while VYM yields 2.24%, so GIGB currently pays the higher dividend yield.
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