IVE vs VYM
iShares S&P 500 Value ETF vs Vanguard High Dividend Yield ETF
Which is better, IVE or VYM?
Nearly the same fund. VYM costs less.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | IVE | VYM |
|---|---|---|
| Expense Ratio | 0.18% | 0.04%Best |
| AUM | $50.6B | $95.8B |
| Dividend Yield | 1.50% | 2.23% |
| Holdings | 883 | 610 |
| YTD Return | +15.14% | +15.95%Best |
| 1Y Return | +17.18% | +19.62%Best |
| 3Y Return (annualized) | +16.55% | +19.64%Best |
| 5Y Return (annualized) | +11.47% | +11.48%Best |
| Volatility (annualized) | 15.9% | 14.6%Best |
| Max Drawdown | -63.0% | -58.8%Best |
| $10,000 over 5 years | $17,210 | $17,218Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 22, 2000 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Nov 13, 2026 (20 years).
IVE 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 20 years both funds cover.
IVE vs VYM Performance
iShares S&P 500 Value ETF (IVE) is an ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IVE returned +17.18% while VYM returned +19.62%. Year to date, IVE is up 15.14% versus a gain of 15.95% for VYM.
Over three years, IVE compounded at +16.55% per year against +19.64% for VYM; over five years the annualized figures are +11.47% and +11.48% respectively. Across the full 20-year window we track, VYM has the edge at +6.98% annualized vs +6.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVE has been the more volatile fund, with annualized monthly volatility of 15.9% 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 -63.0% for IVE and -58.8% 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVE charges 0.18% per year while VYM charges 0.04%. On a $10,000 position that is $18 vs $4 annually, a gap of $14 per year that compounds over a long holding period. On income, IVE currently yields 1.50% against 2.23% for VYM.
You are not choosing between two funds in isolation.
Whichever of IVE 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, IVE or VYM?
IVE has an expense ratio of 0.18% while VYM charges 0.04%. VYM is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, IVE or VYM?
Over the past year IVE returned +17.18% vs +19.62% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), IVE annualized +6.58% vs +6.98% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVE or VYM?
IVE has been the more volatile fund at 15.9% annualized versus 14.6% for VYM. Worst drawdown: IVE -63.0% vs VYM -58.8%.
Should I hold both IVE and VYM?
IVE and VYM have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVE or VYM?
IVE yields 1.50% while VYM yields 2.23%, so VYM currently pays the higher dividend yield.
Is VYM better than IVE?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.