LCTD vs VYM

LCTD vs VYM

Which is better, LCTD or VYM?

Large Cap Blend against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. LCTD is less concentrated, with 15.2% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: LCTD

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

MetricLCTDVYM
Expense Ratio0.22%0.04%Best
AUM$297M$81.6B
Dividend Yield3.30%2.24%
Holdings365613
YTD Return+11.39%+15.29%Best
1Y Return+20.89%+22.23%Best
3Y Return (annualized)+17.44%+18.81%Best
5Y Return (annualized)+7.71%+12.14%Best
Volatility (annualized)15.1%13.3%Best
Max Drawdown-29.8%-15.8%Best
$10,000 over 5 years$14,497$17,734Best
Top 10 Weight15.2%Best25.9%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Value
InceptionApr 6, 2021Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2021 to Sep 3, 2026 (5.4 years).

LCTD 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 5.4 years both funds cover.

LCTD vs VYM Performance

iShares World ex US Carbon Transition Readiness Aware Active ETF (LCTD) 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 LCTD returned +20.89% while VYM returned +22.23%. Year to date, LCTD is up 11.39% versus a gain of 15.29% for VYM.

Over three years, LCTD compounded at +17.44% per year against +18.81% for VYM; over five years the annualized figures are +7.71% and +12.14% respectively.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

LCTD has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.3% 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 -15.8% 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 0.81. 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 3.30% against 2.24% for VYM.

Holdings Overlap

LCTD already in VYM0.8%
VYM already in LCTD0.3%

0.8% of LCTD's money is in holdings VYM also owns. 0.3% of VYM's money is in holdings LCTD also owns.

We cannot see either book well enough to say how much of this pair is duplicated.

3 positions in common, counted across the 347 positions we hold weights for in LCTD and 603 in VYM, against full books of 365 and 613.

What only one of them owns

Our book lists 568 positions for VYM that do not appear in our book for LCTD (97.2% of the fund), and 8 for LCTD that do not appear in VYM (3.5%).

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

StockWeight in LCTDWeight in VYMDifference
EQTEQT Corp.0.78%0.13%0.65%
DGDollar General Corp.0.03%0.11%0.08%
TIGO:LUMillicom Intl Cellular-Sdr0.02%0.03%0.01%

You are not choosing between two funds in isolation.

Whichever of LCTD and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

LCTDVYM

Free for up to 10 holdings. No account needed.

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, by $18 a year on a $10,000 investment.

Which performed better, LCTD or VYM?

Over the past year LCTD returned +20.89% vs +22.23% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, LCTD or VYM?

LCTD has been the more volatile fund at 15.1% annualized versus 13.3% for VYM. Worst drawdown: LCTD -29.8% vs VYM -15.8%.

Should I hold both LCTD and VYM?

LCTD and VYM have a monthly-return correlation of 0.81, 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, LCTD or VYM?

LCTD yields 3.30% while VYM yields 2.24%, so LCTD currently pays the higher dividend yield.

Is VYM better than LCTD?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. LCTD is less concentrated, with 15.2% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.