IPAV vs VYM
Global X Infrastructure Development ex-US ETF vs Vanguard High Dividend Yield ETF
Which is better, IPAV 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 25.9% of the fund in its ten largest positions against 31.8%.
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 | IPAV | VYM |
|---|---|---|
| Expense Ratio | 0.55% | 0.04%Best |
| AUM | $5M | $81.6B |
| Dividend Yield | 1.52% | 2.24% |
| Holdings | 108 | 613 |
| YTD Return | +8.74% | +14.82%Best |
| 1Y Return | +16.64% | +20.84%Best |
| 3Y Return (annualized) | - | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 16.3% | 10.1%Best |
| Max Drawdown | -14.6% | -14.5%Best |
| $10,000 over 2 years | $13,163 | $13,726Best |
| Top 10 Weight | 31.8% | 25.9%Best |
| Fund Family | GLOBALXETFS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 27, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Aug 28, 2024 to Sep 4, 2026 (2 years).
IPAV 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 years both funds cover.
IPAV vs VYM Performance
Global X Infrastructure Development ex-US ETF (IPAV) is an ETF from GLOBALXETFS and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IPAV returned +16.64% while VYM returned +20.84%. Year to date, IPAV is up 8.74% versus a gain of 14.82% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPAV has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 10.1% 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 -14.6% for IPAV 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IPAV charges 0.55% per year while VYM charges 0.04%. On a $10,000 position that is $55 vs $4 annually, a gap of $51 per year that compounds over a long holding period. On income, IPAV currently yields 1.52% against 2.24% for VYM.
Holdings Overlap
We hold position weights for 100 holdings in IPAV and 603 in VYM, totalling 99.9% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in IPAV and 603 in VYM, against full books of 108 and 613.
What only one of them owns
Our book lists 570 positions for VYM that do not appear in our book for IPAV (97.4% of the fund), and 0 for IPAV that do not appear in VYM (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of IPAV 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, IPAV or VYM?
IPAV has an expense ratio of 0.55% while VYM charges 0.04%. VYM is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, IPAV or VYM?
Over the past year IPAV returned +16.64% vs +20.84% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), IPAV annualized +14.73% vs +17.16% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPAV or VYM?
IPAV has been the more volatile fund at 16.3% annualized versus 10.1% for VYM. Worst drawdown: IPAV -14.6% vs VYM -14.5%.
Should I hold both IPAV and VYM?
IPAV and VYM have a monthly-return correlation of 0.60, 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, IPAV or VYM?
IPAV yields 1.52% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than IPAV?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 31.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.