HBRD vs VYM
Invesco US Hybrid Bond ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | HBRD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $15M | $81.6B | |
| Dividend Yield | 2.51% | 2.24% | |
| Holdings | 183 | 616 | |
| YTD Return | -0.59% | +15.42% | |
| 1Y Return | - | +22.36% | |
| 3Y Return (annualized) | - | +19.06% | |
| 5Y Return (annualized) | - | +12.20% | |
| Volatility (annualized) | - | 14.6% | |
| Max Drawdown | -2.9% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 25, 2026 | Nov 10, 2006 |
HBRD vs VYM Performance
Invesco US Hybrid Bond ETF (HBRD) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Year to date, HBRD is down 0.59% versus a gain of 15.42% for VYM.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.9% for HBRD and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
HBRD charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, HBRD currently yields 2.51% against 2.24% for VYM.
Holdings Overlap
HBRD and VYM share 1 holdings out of 733 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 HBRD | Weight in VYM | Difference |
|---|---|---|---|
| CNP | 0.48% | 0.12% | 0.36% |
Frequently Asked Questions
Which is cheaper, HBRD or VYM?
HBRD has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
What is the holdings overlap between HBRD and VYM?
HBRD and VYM share 1 common holdings with a 0.1% weight overlap. Combined, they hold 733 unique securities.
Which pays a higher dividend, HBRD or VYM?
HBRD yields 2.51% while VYM yields 2.24%, so HBRD currently pays the higher dividend yield.
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