LDP vs VYM
Cohen & Steers Limited Duration Preferred and Income Fund Inc. vs Vanguard High Dividend Yield ETF
Which is better, LDP or VYM?
Preferred Stock against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window.
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 | LDP | VYM |
|---|---|---|
| Expense Ratio | 1.55% | 0.04%Best |
| AUM | $2,693.25 | $81.6B |
| Dividend Yield | 7.11% | 2.22% |
| Holdings | 286 | 613 |
| YTD Return | -3.01% | +12.87%Best |
| 1Y Return | -3.08% | +17.25%Best |
| 3Y Return (annualized) | +12.86% | +17.66%Best |
| 5Y Return (annualized) | +1.58% | +11.98%Best |
| Volatility (annualized) | 13.8% | 13.1%Best |
| Max Drawdown | -50.2% | -35.7%Best |
| $10,000 over 5 years | $10,815 | $17,608Best |
| Fund Family | Cohen & Steers Funds | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Value |
| Inception | Jul 27, 2012 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 27, 2012 to Sep 15, 2026 (14.1 years).
LDP 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 14.1 years both funds cover.
LDP vs VYM Performance
Cohen & Steers Limited Duration Preferred and Income Fund Inc. (LDP) is an ETF from Cohen & Steers Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year LDP returned -3.08% while VYM returned +17.25%. Year to date, LDP is down 3.01% versus a gain of 12.87% for VYM.
Over three years, LDP compounded at +12.86% per year against +17.66% for VYM; over five years the annualized figures are +1.58% and +11.98% respectively. Across the full 14-year window we track, VYM has the edge at +9.99% annualized vs +1.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDP has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.1% 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 -50.2% for LDP and -35.7% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LDP charges 1.55% per year while VYM charges 0.04%. On a $10,000 position that is $155 vs $4 annually, a gap of $151 per year that compounds over a long holding period. On income, LDP currently yields 7.11% against 2.22% for VYM.
Holdings Overlap
At least 2.0% of VYM's money is in holdings LDP also owns.
Stated as a floor: for LDP, our book for it covers 80.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and LDP share little of their money.
5 positions in common, counted across the 144 positions we hold weights for in LDP and 557 in VYM, against full books of 286 and 613.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of LDP 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, LDP or VYM?
LDP has an expense ratio of 1.55% while VYM charges 0.04%. VYM is the cheaper option, by $151 a year on a $10,000 investment.
Which performed better, LDP or VYM?
Over the past year LDP returned -3.08% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (14 years), LDP annualized +1.41% vs +9.99% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LDP or VYM?
LDP has been the more volatile fund at 13.8% annualized versus 13.1% for VYM. Worst drawdown: LDP -50.2% vs VYM -35.7%.
Should I hold both LDP and VYM?
LDP and VYM have a monthly-return correlation of 0.63, 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 LDP and VYM?
At least 2.0% of VYM's money is in holdings LDP also owns. Our book for LDP is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 144 positions we hold weights for in LDP and 557 in VYM.
Which pays a higher dividend, LDP or VYM?
LDP yields 7.11% while VYM yields 2.22%, so LDP currently pays the higher dividend yield.
Is VYM better than LDP?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.