IGEB vs VYM

IGEB vs VYM

Which is better, IGEB or VYM?

Long Term Mid Quality against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VYMHigher Returns: VYM

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

MetricIGEBVYM
Expense Ratio0.18%0.04%Best
AUM$1.5B$81.6B
Dividend Yield5.14%2.24%
Holdings458613
YTD Return-3.74%+14.82%Best
1Y Return-2.71%+20.84%Best
3Y Return (annualized)+4.49%+18.64%Best
5Y Return (annualized)-0.26%+12.28%Best
Volatility (annualized)7.3%Best14.8%
Max Drawdown-21.1%Best-35.7%
$10,000 over 5 years$9,871$17,845Best
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryFixed IncomeEquity
StyleLong Term Mid QualityLarge Cap Value
InceptionJul 11, 2017Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2017 to Sep 4, 2026 (9.1 years).

IGEB 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 9.1 years both funds cover.

IGEB vs VYM Performance

iShares Investment Grade Systematic Bond ETF (IGEB) is an ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IGEB returned -2.71% while VYM returned +20.84%. Year to date, IGEB is down 3.74% versus a gain of 14.82% for VYM.

Over three years, IGEB compounded at +4.49% per year against +18.64% for VYM; over five years the annualized figures are -0.26% and +12.28% respectively. Across the full 9-year window we track, VYM has the edge at +10.31% annualized vs +2.50%.

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 7.3% for IGEB. 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 -21.1% for IGEB and -35.7% 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 0.54. They move together some of the time, and apart the rest.

Fees and Cost Over Time

IGEB charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, IGEB currently yields 5.14% against 2.24% for VYM.

Holdings Overlap

VYM already in IGEB0.5%

At least 0.5% of VYM's money is in holdings IGEB also owns.

Stated as a floor: for IGEB, our book for it covers 84.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

We cannot see either book well enough to say how much of this pair is duplicated.

2 positions in common, counted across the 374 positions we hold weights for in IGEB and 603 in VYM, against full books of 458 and 613.

Top Shared Holdings

StockWeight in IGEBWeight in VYMDifference
TMUST-Mobile Usa, Inc. 3.875% 15-Apr-20300.36%0.34%0.02%
CNPCenterPoint Energy Inc 5.95 04/01/20560.16%0.12%0.04%

You are not choosing between two funds in isolation.

Whichever of IGEB and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IGEBVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IGEB or VYM?

IGEB has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option, by $14 a year on a $10,000 investment.

Which performed better, IGEB or VYM?

Over the past year IGEB returned -2.71% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), IGEB annualized +2.50% vs +10.31% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IGEB or VYM?

VYM has been the more volatile fund at 14.8% annualized versus 7.3% for IGEB. Worst drawdown: IGEB -21.1% vs VYM -35.7%.

Should I hold both IGEB and VYM?

IGEB and VYM have a monthly-return correlation of 0.54, 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, IGEB or VYM?

IGEB yields 5.14% while VYM yields 2.24%, so IGEB currently pays the higher dividend yield.

Is VYM better than IGEB?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.