LIAE vs VYM
LifeX 2050 Inflation-Protected Longevity Income ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | LIAE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.04% | |
| AUM | $3M | $79.0B | |
| Dividend Yield | 9.74% | 2.86% | |
| Holdings | 20 | 568 | |
| YTD Return | -4.31% | +16.16% | |
| 1Y Return | -2.37% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 5.9% | 14.6% | |
| Max Drawdown | -7.0% | -58.8% | |
| Fund Family | Stone Ridge Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 17, 2024 | Nov 10, 2006 |
LIAE vs VYM Performance
LifeX 2050 Inflation-Protected Longevity Income ETF (LIAE) is a ETF from Stone Ridge Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year LIAE returned -2.37% while VYM returned +26.05%. Year to date, LIAE is down 4.31% versus a gain of 16.16% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 5.9% for LIAE. 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 -7.0% for LIAE 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LIAE 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, LIAE currently yields 9.74% against 2.86% for VYM.
Holdings Overlap
LIAE and VYM share 0 holdings out of 575 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LIAE or VYM?
LIAE has an expense ratio of 0.25% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, LIAE or VYM?
Over the past year LIAE returned -2.37% vs +26.05% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), LIAE annualized -2.10% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, LIAE or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 5.9% for LIAE. Worst drawdown: LIAE -7.0% vs VYM -58.8%.
Should I hold both LIAE and VYM?
LIAE and VYM have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LIAE and VYM?
LIAE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 575 unique securities.
Which pays a higher dividend, LIAE or VYM?
LIAE yields 9.74% while VYM yields 2.86%, so LIAE currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.