LQDB vs VYM

LQDB vs VYM

Which is better, LQDB or VYM?

VYM has been ahead.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y 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

MetricLQDBVYM
Expense Ratio0.15%0.04%Best
AUM$59M$81.6B
Dividend Yield4.80%2.22%
Holdings1,713613
YTD Return-1.34%+10.23%Best
1Y Return-0.87%+14.28%Best
3Y Return (annualized)+5.48%+17.50%Best
5Y Return (annualized)-0.12%+11.60%Best
Volatility (annualized)7.8%Best13.6%
Max Drawdown-21.6%-15.8%Best
$10,000 over 5 years$9,940$17,311Best
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryFixed IncomeEquity
Style-Large Cap Value
InceptionMay 18, 2021Nov 10, 2006

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: May 20, 2021 to Sep 23, 2026 (5.3 years).

LQDB 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 5.3 years both funds cover.

LQDB vs VYM Performance

iShares BBB Rated Corporate Bond ETF (LQDB) 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 LQDB returned -0.87% while VYM returned +14.28%. Year to date, LQDB is down 1.34% versus a gain of 10.23% for VYM.

Over three years, LQDB compounded at +5.48% per year against +17.50% for VYM; over five years the annualized figures are -0.12% and +11.60% respectively.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.8% for LQDB. 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 -21.6% for LQDB 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 0.63. They move together some of the time, and apart the rest.

Fees and Cost Over Time

LQDB charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, LQDB currently yields 4.80% against 2.22% for VYM.

Holdings Overlap

VYM already in LQDB0.5%

At least 0.5% of VYM's money is in holdings LQDB also owns.

Stated as a floor: for LQDB, our book for it covers 77.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

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

3 positions in common, counted across the 1,173 positions we hold weights for in LQDB and 557 in VYM, against full books of 1,713 and 613.

Top Shared Holdings

StockWeight in LQDBWeight in VYMDifference
TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#5855580.24%0.34%0.10%
KDPKeurig Dr Pepper Inc (kdp Us)0.03%0.16%0.13%
NOVNov Inc Common Stock0.02%0.03%0.01%

You are not choosing between two funds in isolation.

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

LQDBVYM

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LQDB or VYM?

LQDB has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option, by $11 a year on a $10,000 investment.

Which performed better, LQDB or VYM?

Over the past year LQDB returned -0.87% vs +14.28% 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, LQDB or VYM?

VYM has been the more volatile fund at 13.6% annualized versus 7.8% for LQDB. Worst drawdown: LQDB -21.6% vs VYM -15.8%.

Should I hold both LQDB and VYM?

LQDB 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.

Which pays a higher dividend, LQDB or VYM?

LQDB yields 4.80% while VYM yields 2.22%, so LQDB currently pays the higher dividend yield.

Is VYM better than LQDB?

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.