IYC vs VYM
iShares U.S. Consumer Discretionary ETF vs Vanguard High Dividend Yield ETF
Which is better, IYC or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. IYC led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 50.9%.
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 | IYC | VYM |
|---|---|---|
| Expense Ratio | 0.38% | 0.04%Best |
| AUM | $1.2B | $81.6B |
| Dividend Yield | 0.51% | 2.22% |
| Holdings | 162 | 613 |
| YTD Return | -5.09% | +12.87%Best |
| 1Y Return | -7.71% | +17.25%Best |
| 3Y Return (annualized) | +12.27% | +17.66%Best |
| 5Y Return (annualized) | +4.81% | +11.98%Best |
| Volatility (annualized) | 17.6% | 14.5%Best |
| Max Drawdown | -54.0%Best | -58.8% |
| $10,000 over 5 years | $12,648 | $17,608Best |
| Top 10 Weight | 50.9% | 26.1%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 12, 2000 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 15, 2026 (19.8 years).
IYC 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 19.8 years both funds cover.
IYC vs VYM Performance
iShares U.S. Consumer Discretionary ETF (IYC) 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 IYC returned -7.71% while VYM returned +17.25%. Year to date, IYC is down 5.09% versus a gain of 12.87% for VYM.
Over three years, IYC compounded at +12.27% per year against +17.66% for VYM; over five years the annualized figures are +4.81% and +11.98% respectively. Across the full 20-year window we track, IYC has the edge at +9.44% annualized vs +6.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYC has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.5% 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 -54.0% for IYC 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYC charges 0.38% per year while VYM charges 0.04%. On a $10,000 position that is $38 vs $4 annually, a gap of $34 per year that compounds over a long holding period. On income, IYC currently yields 0.51% against 2.22% for VYM.
Holdings Overlap
28.4% of IYC's money is in holdings VYM also owns. 7.3% of VYM's money is in holdings IYC also owns.
IYC and VYM share little of their money.
53 positions in common, counted across the 157 positions we hold weights for in IYC and 557 in VYM, against full books of 162 and 613.
What only one of them owns
Our book lists 476 positions for VYM that do not appear in our book for IYC (89.8% of the fund), and 99 for IYC that do not appear in VYM (70.8%).
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 IYC | Weight in VYM | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 4.00% | 1.34% | 2.66% |
| MCDMcdonald'S Corp | 3.13% | 0.78% | 2.35% |
| DISWalt Disney Co | 3.19% | 0.69% | 2.50% |
| SBUXStarbucks Corp | 2.02% | 0.49% | 1.53% |
| LOWLowes Cos., Inc. | 1.92% | 0.47% | 1.45% |
| TGTTarget Corp Common Stock Usd.0833 | 1.22% | 0.27% | 0.95% |
| RCLRoyal Caribbean Cruises | 1.13% | 0.32% | 0.81% |
| FFord Motor Credit | 0.91% | 0.23% | 0.68% |
| GRMNGarminltd. | 0.78% | 0.20% | 0.58% |
| EBAYEbay Inc. | 0.77% | 0.21% | 0.56% |
28.4% of IYC is already inside VYM.
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, IYC or VYM?
IYC has an expense ratio of 0.38% while VYM charges 0.04%. VYM is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, IYC or VYM?
Over the past year IYC returned -7.71% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), IYC annualized +9.44% vs +6.90% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYC or VYM?
IYC has been the more volatile fund at 17.6% annualized versus 14.5% for VYM. Worst drawdown: IYC -54.0% vs VYM -58.8%.
Should I hold both IYC and VYM?
IYC and VYM have a monthly-return correlation of 0.83, 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 IYC and VYM?
28.4% of IYC's money is in holdings VYM also owns. 7.3% of VYM's is in holdings IYC also owns. They hold 53 positions in common, counted across the 157 positions we hold weights for in IYC and 557 in VYM.
Which pays a higher dividend, IYC or VYM?
IYC yields 0.51% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than IYC?
VYM has a lower expense ratio. IYC led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.