GQRE vs VYM
FlexShares Global Quality Real Estate Index Fund 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 | GQRE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.04% | |
| AUM | $421M | $81.6B | |
| Dividend Yield | 4.18% | 2.24% | |
| Holdings | 197 | 616 | |
| YTD Return | +10.58% | +14.66% | |
| 1Y Return | +11.55% | +22.16% | |
| 3Y Return (annualized) | +12.46% | +18.72% | |
| 5Y Return (annualized) | +2.12% | +12.18% | |
| Volatility (annualized) | 15.6% | 14.6% | |
| Max Drawdown | -42.0% | -58.8% | |
| Fund Family | Flexshares Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 5, 2013 | Nov 10, 2006 |
GQRE vs VYM Performance
FlexShares Global Quality Real Estate Index Fund (GQRE) is a ETF from Flexshares Trust and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GQRE returned +11.55% while VYM returned +22.16%. Year to date, GQRE is up 10.58% versus a gain of 14.66% for VYM.
Over three years, GQRE compounded at +12.46% per year against +18.72% for VYM; over five years the annualized figures are +2.12% and +12.18% respectively. Across the full 13-year window we track, VYM has the edge at +7.01% annualized vs +3.41%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GQRE has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -42.0% for GQRE 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GQRE charges 0.45% per year while VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, GQRE currently yields 4.18% against 2.24% for VYM.
Holdings Overlap
GQRE and VYM share 0 holdings out of 739 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, GQRE or VYM?
GQRE has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, GQRE or VYM?
Over the past year GQRE returned +11.55% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (13 years), GQRE annualized +3.41% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, GQRE or VYM?
GQRE has been the more volatile fund at 15.6% annualized versus 14.6% for VYM. Worst drawdown: GQRE -42.0% vs VYM -58.8%.
Should I hold both GQRE and VYM?
GQRE and VYM have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GQRE and VYM?
GQRE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 739 unique securities.
Which pays a higher dividend, GQRE or VYM?
GQRE yields 4.18% while VYM yields 2.24%, so GQRE currently pays the higher dividend yield.
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