ILCV vs VYM
iShares Morningstar Value ETF vs Vanguard High Dividend Yield ETF
Which is better, ILCV or VYM?
Each has led over a different period.
ILCV led over 1Y, 3Y and 5Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.97. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.4%.
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 | ILCV | VYM |
|---|---|---|
| Expense Ratio | 0.04%Tie | 0.04%Tie |
| AUM | $1.3B | $81.6B |
| Dividend Yield | 1.51% | 2.22% |
| Holdings | 380 | 613 |
| YTD Return | +14.85%Best | +13.91% |
| 1Y Return | +22.82%Best | +17.57% |
| 3Y Return (annualized) | +19.46%Best | +18.12% |
| 5Y Return (annualized) | +12.84%Best | +12.17% |
| Volatility (annualized) | 14.9% | 14.5%Best |
| Max Drawdown | -60.9% | -58.8%Best |
| $10,000 over 5 years | $18,294Best | $17,758 |
| Top 10 Weight | 34.4% | 25.9%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 28, 2004 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 11, 2026 (19.8 years).
ILCV 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.
ILCV vs VYM Performance
iShares Morningstar Value ETF (ILCV) 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 ILCV returned +22.82% while VYM returned +17.57%. Year to date, ILCV is up 14.85% versus a gain of 13.91% for VYM.
Over three years, ILCV compounded at +19.46% per year against +18.12% for VYM; over five years the annualized figures are +12.84% and +12.17% respectively. Across the full 20-year window we track, VYM has the edge at +6.95% annualized vs +5.65%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILCV has been the more volatile fund, with annualized monthly volatility of 14.9% 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 -60.9% for ILCV 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILCV charges 0.04% per year while VYM charges 0.04%. On a $10,000 position that is $4 vs $4 annually. On income, ILCV currently yields 1.51% against 2.22% for VYM.
Holdings Overlap
51.7% of ILCV's money is in holdings VYM also owns. 79.3% of VYM's money is in holdings ILCV also owns.
Most of VYM is already inside ILCV. Owning both mostly buys the same companies twice.
213 positions in common, counted across the 374 positions we hold weights for in ILCV and 603 in VYM, against full books of 380 and 613.
What only one of them owns
Our book lists 358 positions for VYM that do not appear in our book for ILCV (19.7% of the fund), and 149 for ILCV that do not appear in VYM (47.8%).
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
| Stock | Weight in ILCV | Weight in VYM | Difference |
|---|---|---|---|
| JPMJpmorgan Chase & Co. | 2.81% | 3.38% | 0.57% |
| JNJJohnson & Johnson | 1.80% | 2.54% | 0.74% |
| XOMExxon Mobil Corp. | 1.83% | 2.36% | 0.53% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.39% | 1.93% | 0.54% |
| ABBVAbbvie Inc. | 1.26% | 1.85% | 0.59% |
| BACBank Of America Corp. | 1.21% | 1.56% | 0.35% |
| UNHUnitedhealth Group Inc. | 1.09% | 1.56% | 0.47% |
| CATCaterpillar, Inc. | 0.53% | 2.01% | 1.48% |
| HDHome Depot Inc/The | 1.02% | 1.46% | 0.44% |
| PGProcter & Gamble Company | 0.99% | 1.42% | 0.43% |
79.3% of VYM is already inside ILCV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ILCV or VYM?
ILCV has an expense ratio of 0.04% while VYM charges 0.04%. At the precision these are quoted to, they cost the same.
Which performed better, ILCV or VYM?
Over the past year ILCV returned +22.82% vs +17.57% for VYM, so ILCV leads on 1-year performance. Over the longest common window we track (20 years), ILCV annualized +5.65% vs +6.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ILCV or VYM?
ILCV has been the more volatile fund at 14.9% annualized versus 14.5% for VYM. Worst drawdown: ILCV -60.9% vs VYM -58.8%.
Should I hold both ILCV and VYM?
ILCV and VYM have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ILCV and VYM?
79.3% of VYM's money is in holdings ILCV also owns. 79.3% of VYM's is in holdings ILCV also owns. They hold 213 positions in common, counted across the 374 positions we hold weights for in ILCV and 603 in VYM.
Which pays a higher dividend, ILCV or VYM?
ILCV yields 1.51% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than ILCV?
ILCV led over 1Y, 3Y and 5Y, VYM over the full window. The two have moved almost in lockstep, correlation 0.97. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.