LGI vs VYM
Lazard Global Total Return and Income Fund vs Vanguard High Dividend Yield ETF
Which is better, LGI or VYM?
Large Cap Growth 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 | LGI | VYM |
|---|---|---|
| Expense Ratio | 1.72% | 0.04%Best |
| AUM | $236M | $95.8B |
| Dividend Yield | 10.06% | 2.23% |
| Holdings | 79 | 610 |
| YTD Return | +5.06% | +16.00%Best |
| 1Y Return | +7.40% | +18.97%Best |
| 3Y Return (annualized) | +18.09% | +20.46%Best |
| 5Y Return (annualized) | +5.68% | +11.54%Best |
| Volatility (annualized) | 20.2% | 14.6%Best |
| Max Drawdown | -67.2% | -58.8%Best |
| $10,000 over 5 years | $13,181 | $17,264Best |
| Fund Family | Lazard Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Apr 28, 2004 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Nov 11, 2026 (20 years).
LGI 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 20 years both funds cover.
LGI vs VYM Performance
Lazard Global Total Return and Income Fund (LGI) is an ETF from Lazard Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year LGI returned +7.40% while VYM returned +18.97%. Year to date, LGI is up 5.06% versus a gain of 16.00% for VYM.
Over three years, LGI compounded at +18.09% per year against +20.46% for VYM; over five years the annualized figures are +5.68% and +11.54% respectively. Across the full 20-year window we track, VYM has the edge at +6.99% annualized vs +1.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGI has been the more volatile fund, with annualized monthly volatility of 20.2% 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 -67.2% for LGI and -58.8% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LGI charges 1.72% per year while VYM charges 0.04%. On a $10,000 position that is $172 vs $4 annually, a gap of $168 per year that compounds over a long holding period. On income, LGI currently yields 10.06% against 2.23% for VYM.
Holdings Overlap
At least 5.8% of VYM's money is in holdings LGI also owns.
Stated as a floor: for LGI, our book for it covers 87.9% 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 LGI share little of their money.
7 positions in common, counted across the 68 positions we hold weights for in LGI and 602 in VYM, against full books of 79 and 610.
Top Shared Holdings
| Stock | Weight in LGI | Weight in VYM | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 1.63% | 1.39% | 0.24% |
| BACBank of America Corp.: Financials | 1.25% | 1.65% | 0.40% |
| PGProcter & Gamble Company | 0.80% | 1.36% | 0.56% |
| BKBank Of New York Mellon Corp | 1.34% | 0.45% | 0.89% |
| MCDMcdonald'S Corp | 0.77% | 0.75% | 0.02% |
| BAHBooz Allen Hamilton Holding Corp. | 0.68% | 0.04% | 0.64% |
| ZTSZoetis, Inc. | 0.36% | 0.13% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of LGI 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, LGI or VYM?
LGI has an expense ratio of 1.72% while VYM charges 0.04%. VYM is the cheaper option, by $168 a year on a $10,000 investment.
Which performed better, LGI or VYM?
Over the past year LGI returned +7.40% vs +18.97% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), LGI annualized +1.40% vs +6.99% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGI or VYM?
LGI has been the more volatile fund at 20.2% annualized versus 14.6% for VYM. Worst drawdown: LGI -67.2% vs VYM -58.8%.
Should I hold both LGI and VYM?
LGI and VYM have a monthly-return correlation of 0.82, 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 LGI and VYM?
At least 5.8% of VYM's money is in holdings LGI also owns. Our book for LGI is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 68 positions we hold weights for in LGI and 602 in VYM.
Which pays a higher dividend, LGI or VYM?
LGI yields 10.06% while VYM yields 2.23%, so LGI currently pays the higher dividend yield.
Is VYM better than LGI?
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.