IGA vs VYM

IGA vs VYM

Which is better, IGA or VYM?

Each has led over a different period.

VYM has a lower expense ratio. IGA led over 3Y, VYM over 1Y, 5Y and the full window. IGA is less concentrated, with 16.0% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: splitLess Concentrated: IGA

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

MetricIGAVYM
Expense Ratio0.97%0.04%Best
AUM$157M$81.6B
Dividend Yield9.21%2.24%
Holdings251613
YTD Return+15.74%Best+14.82%
1Y Return+17.54%+20.84%Best
3Y Return (annualized)+20.07%Best+18.64%
5Y Return (annualized)+11.11%+12.28%Best
Volatility (annualized)16.1%14.5%Best
Max Drawdown-72.2%-58.8%Best
$10,000 over 5 years$16,934$17,845Best
Top 10 Weight16.0%Best25.9%
Fund FamilyVoya Investment ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionOct 26, 2005Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 4, 2026 (19.8 years).

IGA 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 19.8 years both funds cover.

IGA vs VYM Performance

Voya Global Advantage and Premium Opportunity Fund (IGA) is an ETF from Voya Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IGA returned +17.54% while VYM returned +20.84%. Year to date, IGA is up 15.74% versus a gain of 14.82% for VYM.

Over three years, IGA compounded at +20.07% per year against +18.64% for VYM; over five years the annualized figures are +11.11% and +12.28% respectively. Across the full 20-year window we track, VYM has the edge at +7.00% annualized vs -0.69%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IGA has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 14.5% 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 -72.2% for IGA and -58.8% 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 0.68. They move together some of the time, and apart the rest.

Fees and Cost Over Time

IGA charges 0.97% per year while VYM charges 0.04%. On a $10,000 position that is $97 vs $4 annually, a gap of $93 per year that compounds over a long holding period. On income, IGA currently yields 9.21% against 2.24% for VYM.

Holdings Overlap

IGA already in VYM41.8%
VYM already in IGA26.5%

41.8% of IGA's money is in holdings VYM also owns. 26.5% of VYM's money is in holdings IGA also owns.

The two portfolios partly overlap.

84 positions in common, counted across the 241 positions we hold weights for in IGA and 603 in VYM, against full books of 251 and 613.

What only one of them owns

Our book lists 487 positions for VYM that do not appear in our book for IGA (70.9% of the fund), and 56 for IGA that do not appear in VYM (26.8%).

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

StockWeight in IGAWeight in VYMDifference
JNJJohnson & Johnson - Common1.72%2.54%0.82%
CSCOCisco Systems Inc. - Ordinary Shares1.81%1.93%0.12%
ABBVAbbvie Inc.1.31%1.85%0.54%
KOCoca Cola Co.1.25%1.31%0.06%
PGProcter & Gamble Company0.80%1.42%0.62%
CCitigroup Inc.0.83%0.94%0.11%
PEPPepsico Inc.0.91%0.77%0.14%
QCOMQualcomm Inc.0.78%0.81%0.03%
UNPUnion Pacific Corp0.87%0.67%0.20%
PFEPfizer Inc0.89%0.57%0.32%

41.8% of IGA is already inside VYM.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

IGAVYM

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Frequently Asked Questions

Which is cheaper, IGA or VYM?

IGA has an expense ratio of 0.97% while VYM charges 0.04%. VYM is the cheaper option, by $93 a year on a $10,000 investment.

Which performed better, IGA or VYM?

Over the past year IGA returned +17.54% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), IGA annualized -0.69% vs +7.00% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IGA or VYM?

IGA has been the more volatile fund at 16.1% annualized versus 14.5% for VYM. Worst drawdown: IGA -72.2% vs VYM -58.8%.

Should I hold both IGA and VYM?

IGA and VYM have a monthly-return correlation of 0.68, 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 IGA and VYM?

41.8% of IGA's money is in holdings VYM also owns. 26.5% of VYM's is in holdings IGA also owns. They hold 84 positions in common, counted across the 241 positions we hold weights for in IGA and 603 in VYM.

Which pays a higher dividend, IGA or VYM?

IGA yields 9.21% while VYM yields 2.24%, so IGA currently pays the higher dividend yield.

Is VYM better than IGA?

VYM has a lower expense ratio. IGA led over 3Y, VYM over 1Y, 5Y and the full window. IGA is less concentrated, with 16.0% 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.