INRO vs VYM
iShares US Industry Rotation Active ETF vs Vanguard High Dividend Yield ETF
Which is better, INRO or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 37.9%.
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 | INRO | VYM |
|---|---|---|
| Expense Ratio | 0.42% | 0.04%Best |
| AUM | $571M | $95.8B |
| Dividend Yield | 0.59% | 2.23% |
| Holdings | 347 | 610 |
| YTD Return | +11.69% | +15.95%Best |
| 1Y Return | +13.71% | +19.62%Best |
| 3Y Return (annualized) | - | +19.64% |
| 5Y Return (annualized) | - | +11.48% |
| Volatility (annualized) | 12.9% | 10.8%Best |
| Max Drawdown | -20.0% | -14.5%Best |
| $10,000 over 2.6 years | $14,421 | $14,506Best |
| Top 10 Weight | 37.9% | 25.8%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 26, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 28, 2024 to Nov 13, 2026 (2.6 years).
INRO 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 2.6 years both funds cover.
INRO vs VYM Performance
iShares US Industry Rotation Active ETF (INRO) is an ETF from BlackRock, Inc. (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year INRO returned +13.71% while VYM returned +19.62%. Year to date, INRO is up 11.69% versus a gain of 15.95% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INRO has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 10.8% 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 -20.0% for INRO and -14.5% 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
INRO charges 0.42% per year while VYM charges 0.04%. On a $10,000 position that is $42 vs $4 annually, a gap of $38 per year that compounds over a long holding period. On income, INRO currently yields 0.59% against 2.23% for VYM.
Holdings Overlap
32.5% of INRO's money is in holdings VYM also owns. 68.5% of VYM's money is in holdings INRO also owns.
The two portfolios partly overlap.
The two holdings books were reported 62 days apart, INRO as of Nov 1, 2026 and VYM as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
127 positions in common, counted across the 344 positions we hold weights for in INRO and 602 in VYM, against full books of 347 and 610.
What only one of them owns
Our book lists 450 positions for VYM that do not appear in our book for INRO (31.2% of the fund), and 188 for INRO that do not appear in VYM (66.8%).
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 INRO | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.96% | 6.94% | 4.98% |
| JPMJpmorgan Chase & Co. | 1.87% | 3.83% | 1.96% |
| JNJJohnson & Johnson - Common | 1.07% | 2.58% | 1.51% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 0.95% | 2.70% | 1.75% |
| BACBank Of America Corp. | 0.88% | 1.65% | 0.77% |
| PGProcter & Gamble Company | 1.12% | 1.36% | 0.24% |
| CVXChevron Corp. | 0.92% | 1.54% | 0.62% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.60% | 1.76% | 1.16% |
| MRKMerck & Co. Inc. | 0.79% | 1.47% | 0.68% |
| ABBVAbbvie Inc. | 0.41% | 1.83% | 1.42% |
68.5% of VYM is already inside INRO.
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, INRO or VYM?
INRO has an expense ratio of 0.42% while VYM charges 0.04%. VYM is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, INRO or VYM?
Over the past year INRO returned +13.71% vs +19.62% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INRO or VYM?
INRO has been the more volatile fund at 12.9% annualized versus 10.8% for VYM. Worst drawdown: INRO -20.0% vs VYM -14.5%.
Should I hold both INRO and VYM?
INRO 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 INRO and VYM?
68.5% of VYM's money is in holdings INRO also owns. 68.5% of VYM's is in holdings INRO also owns. They hold 127 positions in common, counted across the 344 positions we hold weights for in INRO and 602 in VYM.
Which pays a higher dividend, INRO or VYM?
INRO yields 0.59% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than INRO?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.