LFAO vs VYM

LFAO vs VYM

Which is better, LFAO or VYM?

Long Term Government Bond against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y and the full window.

Lower Fees: VYMHigher Returns: VYM

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

MetricLFAOVYM
Expense Ratio0.25%0.04%Best
AUM$3M$81.6B
Dividend Yield11.08%2.22%
Holdings27613
YTD Return-6.90%+12.29%Best
1Y Return-7.05%+16.61%Best
3Y Return (annualized)-+17.42%
5Y Return (annualized)-+12.12%
Volatility (annualized)7.5%Best10.6%
Max Drawdown-10.3%Best-14.5%
$10,000 over 2 years$9,055$13,324Best
Fund FamilyStone Ridge Asset ManagementVanguard (US)
CategoryFixed IncomeEquity
StyleLong Term Government BondLarge Cap Value
InceptionJan 8, 2024Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 16, 2024 to Sep 17, 2026 (2 years).

LFAO 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 2 years both funds cover.

LFAO vs VYM Performance

LifeX 2055 Longevity Income ETF (LFAO) is an ETF from Stone Ridge Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year LFAO returned -7.05% while VYM returned +16.61%. Year to date, LFAO is down 6.90% versus a gain of 12.29% for VYM.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 10.6% compared with 7.5% for LFAO. 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 -10.3% for LFAO and -14.5% 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 0.38. They move together some of the time, and apart the rest.

Fees and Cost Over Time

LFAO charges 0.25% per year while VYM charges 0.04%. On a $10,000 position that is $25 vs $4 annually, a gap of $21 per year that compounds over a long holding period. On income, LFAO currently yields 11.08% against 2.22% for VYM.

Holdings Overlap

We hold position weights for 17 holdings in LFAO and 557 in VYM, totalling 87.8% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 17 positions we hold weights for in LFAO and 557 in VYM, against full books of 27 and 613.

You are not choosing between two funds in isolation.

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

LFAOVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LFAO or VYM?

LFAO has an expense ratio of 0.25% while VYM charges 0.04%. VYM is the cheaper option, by $21 a year on a $10,000 investment.

Which performed better, LFAO or VYM?

Over the past year LFAO returned -7.05% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), LFAO annualized -4.84% vs +15.43% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, LFAO or VYM?

VYM has been the more volatile fund at 10.6% annualized versus 7.5% for LFAO. Worst drawdown: LFAO -10.3% vs VYM -14.5%.

Should I hold both LFAO and VYM?

LFAO and VYM have a monthly-return correlation of 0.38, 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, LFAO or VYM?

LFAO yields 11.08% while VYM yields 2.22%, so LFAO currently pays the higher dividend yield.

Is VYM better than LFAO?

VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.