LCTD vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricLCTDVYMWinner
Expense Ratio0.22%0.04%
AUM$282M$79.0B
Dividend Yield3.39%2.86%
Holdings367568
YTD Return+11.22%+16.16%
1Y Return+22.13%+26.05%
3Y Return (annualized)+16.93%+18.43%
5Y Return (annualized)+7.91%+12.21%
Volatility (annualized)15.3%14.6%
Max Drawdown-29.8%-58.8%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionApr 6, 2021Nov 10, 2006

LCTD vs VYM Performance

iShares World ex US Carbon Transition Readiness Aware Active ETF (LCTD) is a ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year LCTD returned +22.13% while VYM returned +26.05%. Year to date, LCTD is up 11.22% versus a gain of 16.16% for VYM.

Over three years, LCTD compounded at +16.93% per year against +18.43% for VYM; over five years the annualized figures are +7.91% and +12.21% respectively. Across the full 5-year window we track, LCTD has the edge at +8.51% annualized vs +7.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

LCTD has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -29.8% for LCTD 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

LCTD charges 0.22% per year while VYM charges 0.04%. On a $10,000 position that is $22 vs $4 annually, a gap of $18 per year that compounds over a long holding period. On income, LCTD currently yields 3.39% against 2.86% for VYM.

Holdings Overlap

0.2%overlap

LCTD and VYM share 2 holdings out of 902 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in LCTDWeight in VYMDifference
EQT0.64%0.17%0.47%
DG0.03%0.15%0.12%

Frequently Asked Questions

Which is cheaper, LCTD or VYM?

LCTD has an expense ratio of 0.22% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $18 per year of difference.

Which performed better, LCTD or VYM?

Over the past year LCTD returned +22.13% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), LCTD annualized +8.51% vs +7.09% for VYM. Past performance does not guarantee future results.

Which is riskier, LCTD or VYM?

LCTD has been the more volatile fund at 15.3% annualized versus 14.6% for VYM. Worst drawdown: LCTD -29.8% vs VYM -58.8%.

Should I hold both LCTD and VYM?

LCTD and VYM have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between LCTD and VYM?

LCTD and VYM share 2 common holdings with a 0.2% weight overlap. Combined, they hold 902 unique securities.

Which pays a higher dividend, LCTD or VYM?

LCTD yields 3.39% while VYM yields 2.86%, so LCTD currently pays the higher dividend yield.

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