IMVP vs VYM
Invesco India ETF vs Vanguard High Dividend Yield ETF
Which is better, IMVP or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.5%.
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 | IMVP | VYM |
|---|---|---|
| Expense Ratio | 0.78% | 0.04%Best |
| AUM | $106M | $81.6B |
| Dividend Yield | 11.18% | 2.24% |
| Holdings | 34 | 613 |
| YTD Return | -16.08% | +14.82%Best |
| 1Y Return | -13.43% | +20.84%Best |
| 3Y Return (annualized) | +0.87% | +18.64%Best |
| 5Y Return (annualized) | +0.54% | +12.28%Best |
| Volatility (annualized) | 24.6% | 14.8%Best |
| Max Drawdown | -77.1% | -53.6%Best |
| $10,000 over 5 years | $10,273 | $17,845Best |
| Top 10 Weight | 36.5% | 25.9%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 5, 2008 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Mar 7, 2008 to Sep 4, 2026 (18.5 years).
IMVP 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 18.5 years both funds cover.
IMVP vs VYM Performance
Invesco India ETF (IMVP) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IMVP returned -13.43% while VYM returned +20.84%. Year to date, IMVP is down 16.08% versus a gain of 14.82% for VYM.
Over three years, IMVP compounded at +0.87% per year against +18.64% for VYM; over five years the annualized figures are +0.54% and +12.28% respectively. Across the full 19-year window we track, VYM has the edge at +8.09% annualized vs +1.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IMVP has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 14.8% 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 -77.1% for IMVP and -53.6% 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IMVP charges 0.78% per year while VYM charges 0.04%. On a $10,000 position that is $78 vs $4 annually, a gap of $74 per year that compounds over a long holding period. On income, IMVP currently yields 11.18% against 2.24% for VYM.
Holdings Overlap
3.0% of IMVP's money is in holdings VYM also owns.
IMVP and VYM share little of their money.
1 positions in common, counted across the 31 positions we hold weights for in IMVP and 603 in VYM, against full books of 34 and 613.
What only one of them owns
Our book lists 569 positions for VYM that do not appear in our book for IMVP (97.4% of the fund), and 2 for IMVP that do not appear in VYM (8.3%).
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 IMVP | Weight in VYM | Difference |
|---|---|---|---|
| BHEBenchmark Electronics Inc | 2.98% | 0.01% | 2.97% |
You are not choosing between two funds in isolation.
Whichever of IMVP 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, IMVP or VYM?
IMVP has an expense ratio of 0.78% while VYM charges 0.04%. VYM is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, IMVP or VYM?
Over the past year IMVP returned -13.43% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (19 years), IMVP annualized +1.22% vs +8.09% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMVP or VYM?
IMVP has been the more volatile fund at 24.6% annualized versus 14.8% for VYM. Worst drawdown: IMVP -77.1% vs VYM -53.6%.
Should I hold both IMVP and VYM?
IMVP and VYM have a monthly-return correlation of 0.58, 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 IMVP and VYM?
3.0% of IMVP's money is in holdings VYM also owns. 0.0% of VYM's is in holdings IMVP also owns. They hold 1 positions in common, counted across the 31 positions we hold weights for in IMVP and 603 in VYM.
Which pays a higher dividend, IMVP or VYM?
IMVP yields 11.18% while VYM yields 2.24%, so IMVP currently pays the higher dividend yield.
Is VYM better than IMVP?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 36.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.