IOPP vs VYM
Simplify Tara India Opportunities ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | IOPP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.73% | 0.04% | |
| AUM | $7M | $81.6B | |
| Dividend Yield | 0.38% | 2.24% | |
| Holdings | 27 | 616 | |
| YTD Return | -0.62% | +15.84% | |
| 1Y Return | -2.38% | +23.95% | |
| 3Y Return (annualized) | - | +19.02% | |
| 5Y Return (annualized) | - | +12.19% | |
| Volatility (annualized) | 15.1% | 14.6% | |
| Max Drawdown | -23.7% | -58.8% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 4, 2024 | Nov 10, 2006 |
IOPP vs VYM Performance
Simplify Tara India Opportunities ETF (IOPP) is a ETF from Simplify Exchange Traded Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year IOPP returned -2.38% while VYM returned +23.95%. Year to date, IOPP is down 0.62% versus a gain of 15.84% for VYM.
Risk: Volatility and Drawdowns
IOPP has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.6% 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 -23.7% for IOPP and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IOPP charges 0.73% per year while VYM charges 0.04%. On a $10,000 position that is $73 vs $4 annually, a gap of $69 per year that compounds over a long holding period. On income, IOPP currently yields 0.38% against 2.24% for VYM.
Holdings Overlap
IOPP and VYM share 0 holdings out of 629 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IOPP or VYM?
IOPP has an expense ratio of 0.73% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
Which performed better, IOPP or VYM?
Over the past year IOPP returned -2.38% vs +23.95% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), IOPP annualized +6.10% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, IOPP or VYM?
IOPP has been the more volatile fund at 15.1% annualized versus 14.6% for VYM. Worst drawdown: IOPP -23.7% vs VYM -58.8%.
Should I hold both IOPP and VYM?
IOPP and VYM have a monthly-return correlation of 0.06, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IOPP and VYM?
IOPP and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 629 unique securities.
Which pays a higher dividend, IOPP or VYM?
IOPP yields 0.38% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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