GRPZ vs VYM
Invesco S&P SmallCap 600 GARP ETF vs Vanguard High Dividend Yield ETF
Which is better, GRPZ or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. GRPZ led over 1Y, VYM over the full window. GRPZ is less concentrated, with 18.6% of the fund in its ten largest positions against 25.9%.
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 | GRPZ | VYM |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $3M | $81.6B |
| Dividend Yield | 0.88% | 2.24% |
| Holdings | 92 | 613 |
| YTD Return | +23.93%Best | +14.82% |
| 1Y Return | +22.50%Best | +20.84% |
| 3Y Return (annualized) | - | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 18.5% | 10.2%Best |
| Max Drawdown | -27.9% | -14.5%Best |
| $10,000 over 2.4 years | $13,338 | $14,386Best |
| Top 10 Weight | 18.6%Best | 25.9% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Mar 27, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Mar 27, 2024 to Sep 4, 2026 (2.4 years).
GRPZ 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 2.4 years both funds cover.
GRPZ vs VYM Performance
Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year GRPZ returned +22.50% while VYM returned +20.84%. Year to date, GRPZ is up 23.93% versus a gain of 14.82% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GRPZ has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 10.2% 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 -27.9% for GRPZ and -14.5% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GRPZ charges 0.35% per year while VYM charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, GRPZ currently yields 0.88% against 2.24% for VYM.
Holdings Overlap
14.0% of GRPZ's money is in holdings VYM also owns. 0.1% of VYM's money is in holdings GRPZ also owns.
GRPZ and VYM share little of their money.
13 positions in common, counted across the 89 positions we hold weights for in GRPZ and 603 in VYM, against full books of 92 and 613.
What only one of them owns
Our book lists 558 positions for VYM that do not appear in our book for GRPZ (97.3% of the fund), and 73 for GRPZ that do not appear in VYM (82.1%).
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.
Top Shared Holdings
| Stock | Weight in GRPZ | Weight in VYM | Difference |
|---|---|---|---|
| CALMCal-maine Foods Inc | 1.75% | 0.01% | 1.74% |
| MCMoelis & Co_None_0 | 1.45% | 0.02% | 1.43% |
| YOUClear Secure Inc -Class A | 1.22% | 0.02% | 1.20% |
| MCYMercury General Corp | 1.10% | 0.01% | 1.09% |
| FGF&G Annuities & Life Inc | 1.10% | 0.00% | 1.10% |
| HMNHorace Mann Educators Corp | 1.05% | 0.01% | 1.04% |
| AGOAssured Guaranty Ltd. Common Stock | 1.04% | 0.01% | 1.03% |
| IPARInter Parfums Inc | 1.01% | 0.01% | 1.00% |
| TRMKTrustmark Corp | 0.92% | 0.01% | 0.91% |
| BFHBread Financial Holdings, Inc. | 0.90% | 0.02% | 0.88% |
You are not choosing between two funds in isolation.
Whichever of GRPZ 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, GRPZ or VYM?
GRPZ has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, GRPZ or VYM?
Over the past year GRPZ returned +22.50% vs +20.84% for VYM, so GRPZ leads on 1-year performance. Over the longest common window we track (2 years), GRPZ annualized +12.75% vs +16.36% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GRPZ or VYM?
GRPZ has been the more volatile fund at 18.5% annualized versus 10.2% for VYM. Worst drawdown: GRPZ -27.9% vs VYM -14.5%.
Should I hold both GRPZ and VYM?
GRPZ and VYM have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GRPZ and VYM?
14.0% of GRPZ's money is in holdings VYM also owns. 0.1% of VYM's is in holdings GRPZ also owns. They hold 13 positions in common, counted across the 89 positions we hold weights for in GRPZ and 603 in VYM.
Which pays a higher dividend, GRPZ or VYM?
GRPZ yields 0.88% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than GRPZ?
VYM has a lower expense ratio. GRPZ led over 1Y, VYM over the full window. GRPZ is less concentrated, with 18.6% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.