IMTM vs VYM
iShares MSCI Intl Momentum Factor ETF vs Vanguard High Dividend Yield ETF
Which is better, IMTM or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. IMTM led over 1Y and 3Y, VYM over 5Y and the full window. IMTM is less concentrated, with 22.6% 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 | IMTM | VYM |
|---|---|---|
| Expense Ratio | 0.30% | 0.04%Best |
| AUM | $4.2B | $81.6B |
| Dividend Yield | 4.37% | 2.22% |
| Holdings | 325 | 613 |
| YTD Return | +10.70% | +13.15%Best |
| 1Y Return | +18.22%Best | +17.82% |
| 3Y Return (annualized) | +21.70%Best | +17.99% |
| 5Y Return (annualized) | +9.76% | +12.16%Best |
| Volatility (annualized) | 13.8%Best | 13.9% |
| Max Drawdown | -30.7%Best | -35.7% |
| $10,000 over 5 years | $15,930 | $17,750Best |
| Top 10 Weight | 22.6%Best | 25.9% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jan 13, 2015 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Jan 26, 2015 to Sep 10, 2026 (11.6 years).
IMTM 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 11.6 years both funds cover.
IMTM vs VYM Performance
iShares MSCI Intl Momentum Factor ETF (IMTM) 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 IMTM returned +18.22% while VYM returned +17.82%. Year to date, IMTM is up 10.70% versus a gain of 13.15% for VYM.
Over three years, IMTM compounded at +21.70% per year against +17.99% for VYM; over five years the annualized figures are +9.76% and +12.16% respectively. Across the full 12-year window we track, VYM has the edge at +9.11% annualized vs +8.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 13.9% compared with 13.8% for IMTM. 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 -30.7% for IMTM 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IMTM charges 0.30% per year while VYM charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, IMTM currently yields 4.37% against 2.22% for VYM.
Holdings Overlap
0.1% of IMTM's money is in holdings VYM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 301 positions we hold weights for in IMTM and 603 in VYM, against full books of 325 and 613.
What only one of them owns
Our book lists 568 positions for VYM that do not appear in our book for IMTM (97.5% of the fund), and 9 for IMTM that do not appear in VYM (5.6%).
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 IMTM | Weight in VYM | Difference |
|---|---|---|---|
| TIGO:LUMillicom | 0.06% | 0.03% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of IMTM 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, IMTM or VYM?
IMTM has an expense ratio of 0.30% while VYM charges 0.04%. VYM is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IMTM or VYM?
Over the past year IMTM returned +18.22% vs +17.82% for VYM, so IMTM leads on 1-year performance. Over the longest common window we track (12 years), IMTM annualized +8.01% vs +9.11% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMTM or VYM?
VYM has been the more volatile fund at 13.9% annualized versus 13.8% for IMTM. Worst drawdown: IMTM -30.7% vs VYM -35.7%.
Should I hold both IMTM and VYM?
IMTM and VYM have a monthly-return correlation of 0.79, 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, IMTM or VYM?
IMTM yields 4.37% while VYM yields 2.22%, so IMTM currently pays the higher dividend yield.
Is VYM better than IMTM?
VYM has a lower expense ratio. IMTM led over 1Y and 3Y, VYM over 5Y and the full window. IMTM is less concentrated, with 22.6% 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.