GOVI vs VYM
Invesco Equal Weight 0-30 Year Treasury ETF vs Vanguard High Dividend Yield ETF
Which is better, GOVI or VYM?
Long Term Government Bond against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.2%.
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 | GOVI | VYM |
|---|---|---|
| Expense Ratio | 0.15% | 0.04%Best |
| AUM | $1.2B | $81.6B |
| Dividend Yield | 3.96% | 2.22% |
| Holdings | 31 | 613 |
| YTD Return | -3.01% | +13.15%Best |
| 1Y Return | -3.37% | +17.82%Best |
| 3Y Return (annualized) | +1.52% | +17.99%Best |
| 5Y Return (annualized) | -4.00% | +12.16%Best |
| Volatility (annualized) | 8.7%Best | 14.8% |
| Max Drawdown | -33.1%Best | -58.6% |
| $10,000 over 5 years | $8,154 | $17,750Best |
| Top 10 Weight | 34.2% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Government Bond | Large Cap Value |
| Inception | Oct 11, 2007 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 11, 2007 to Sep 10, 2026 (18.9 years).
GOVI 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 18.9 years both funds cover.
GOVI vs VYM Performance
Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GOVI returned -3.37% while VYM returned +17.82%. Year to date, GOVI is down 3.01% versus a gain of 13.15% for VYM.
Over three years, GOVI compounded at +1.52% per year against +17.99% for VYM; over five years the annualized figures are -4.00% and +12.16% respectively. Across the full 19-year window we track, VYM has the edge at +6.73% annualized vs +0.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 8.7% for GOVI. 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 -33.1% for GOVI and -58.6% 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 -0.06. They move largely independently of each other.
Fees and Cost Over Time
GOVI charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, GOVI currently yields 3.96% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 30 holdings in GOVI and 603 in VYM, totalling 96.8% 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 30 positions we hold weights for in GOVI and 603 in VYM, against full books of 31 and 613.
What only one of them owns
Measured across the 30 and 603 positions we hold weights for.
VYM holds 568 positions GOVI does not, 97.5% of the fund.
Largest: AVGO 7.29%, JPM 3.38%, JNJ 2.54%, XOM 2.36%, CAT 2.01%
You are not choosing between two funds in isolation.
Whichever of GOVI 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, GOVI or VYM?
GOVI has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, GOVI or VYM?
Over the past year GOVI returned -3.37% vs +17.82% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (19 years), GOVI annualized +0.98% vs +6.73% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOVI or VYM?
VYM has been the more volatile fund at 14.8% annualized versus 8.7% for GOVI. Worst drawdown: GOVI -33.1% vs VYM -58.6%.
Should I hold both GOVI and VYM?
GOVI and VYM have a monthly-return correlation of -0.06, 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, GOVI or VYM?
GOVI yields 3.96% while VYM yields 2.22%, so GOVI currently pays the higher dividend yield.
Is VYM better than GOVI?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.