IRE vs VYM
Defiance Daily Target 2X Long IREN ETF vs Vanguard High Dividend Yield ETF
Which is better, IRE or VYM?
Option Writing against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
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 | IRE | VYM |
|---|---|---|
| Expense Ratio | 1.35% | 0.04%Best |
| AUM | $49M | $95.8B |
| Dividend Yield | 0.00% | 2.23% |
| Holdings | 22 | 610 |
| YTD Return | -93.80% | +16.00%Best |
| 1Y Return | -97.26% | +18.97%Best |
| 3Y Return (annualized) | - | +20.46% |
| 5Y Return (annualized) | - | +11.54% |
| Volatility (annualized) | 179.7% | 11.5%Best |
| Max Drawdown | -98.8% | -6.7%Best |
| $10,000 over 1.1 years | $230 | $12,079Best |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Oct 20, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Oct 21, 2025 to Nov 11, 2026 (1.1 years).
IRE 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 1.1 years both funds cover.
IRE vs VYM Performance
Defiance Daily Target 2X Long IREN ETF (IRE) is an ETF from Defiance ETFs, LLC and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IRE returned -97.26% while VYM returned +18.97%. Year to date, IRE is down 93.80% versus a gain of 16.00% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IRE has been the more volatile fund, with annualized monthly volatility of 179.7% compared with 11.5% 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 -98.8% for IRE and -6.7% 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 0.16. They move largely independently of each other.
Fees and Cost Over Time
IRE charges 1.35% per year while VYM charges 0.04%. On a $10,000 position that is $135 vs $4 annually, a gap of $131 per year that compounds over a long holding period. On income, IRE currently yields 0.00% against 2.23% for VYM.
Holdings Overlap
We hold position weights for 1 holding in IRE and 602 in VYM, totalling 0.1% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 46 days apart, IRE as of Oct 16, 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.
0 positions in common, counted across the 1 positions we hold weights for in IRE and 602 in VYM, against full books of 22 and 610.
You are not choosing between two funds in isolation.
Whichever of IRE 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, IRE or VYM?
IRE has an expense ratio of 1.35% while VYM charges 0.04%. VYM is the cheaper option, by $131 a year on a $10,000 investment.
Which performed better, IRE or VYM?
Over the past year IRE returned -97.26% vs +18.97% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), IRE annualized -96.76% vs +18.73% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IRE or VYM?
IRE has been the more volatile fund at 179.7% annualized versus 11.5% for VYM. Worst drawdown: IRE -98.8% vs VYM -6.7%.
Should I hold both IRE and VYM?
IRE and VYM have a monthly-return correlation of 0.16, 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, IRE or VYM?
IRE yields 0.00% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than IRE?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.