IYRI vs VYM
NEOS Real Estate High Income 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 558 holdings.
Side-by-Side Comparison
| Metric | IYRI | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.04% | |
| AUM | $306M | $79.0B | |
| Dividend Yield | 11.07% | 2.86% | |
| Holdings | 64 | 568 | |
| YTD Return | +2.78% | +16.78% | |
| 1Y Return | +3.08% | +24.43% | |
| 3Y Return (annualized) | - | +18.60% | |
| 5Y Return (annualized) | - | +12.30% | |
| Volatility (annualized) | 8.9% | 14.6% | |
| Max Drawdown | -12.1% | -58.8% | |
| Fund Family | NEOS | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 14, 2025 | Nov 10, 2006 |
IYRI vs VYM Performance
NEOS Real Estate High Income ETF (IYRI) is a ETF from NEOS and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year IYRI returned +3.08% while VYM returned +24.43%. Year to date, IYRI is up 2.78% versus a gain of 16.78% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 8.9% for IYRI. 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 -12.1% for IYRI 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYRI charges 0.68% per year while VYM charges 0.04%. On a $10,000 position that is $68 vs $4 annually, a gap of $64 per year that compounds over a long holding period. On income, IYRI currently yields 11.07% against 2.86% for VYM.
Holdings Overlap
IYRI and VYM share 0 holdings out of 619 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, IYRI or VYM?
IYRI has an expense ratio of 0.68% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $64 per year of difference.
Which performed better, IYRI or VYM?
Over the past year IYRI returned +3.08% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), IYRI annualized +6.16% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, IYRI or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 8.9% for IYRI. Worst drawdown: IYRI -12.1% vs VYM -58.8%.
Should I hold both IYRI and VYM?
IYRI and VYM have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IYRI and VYM?
IYRI and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 619 unique securities.
Which pays a higher dividend, IYRI or VYM?
IYRI yields 11.07% while VYM yields 2.86%, so IYRI currently pays the higher dividend yield.
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