VIS vs VYM
Vanguard Industrials ETF vs Vanguard High Dividend Yield ETF
Which is better, VIS or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VIS led over 3Y, 5Y and the full window, VYM over 1Y. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.4%.
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 | VIS | VYM |
|---|---|---|
| Expense Ratio | 0.09% | 0.04%Best |
| AUM | $8.8B | $81.6B |
| Dividend Yield | 0.92% | 2.22% |
| Holdings | 399 | 613 |
| YTD Return | +7.41% | +11.35%Best |
| 1Y Return | +11.82% | +15.34%Best |
| 3Y Return (annualized) | +18.93%Best | +17.22% |
| 5Y Return (annualized) | +12.89%Best | +12.30% |
| Volatility (annualized) | 19.7% | 14.6%Best |
| Max Drawdown | -64.9% | -58.8%Best |
| $10,000 over 5 years | $18,335Best | $17,861 |
| Top 10 Weight | 30.4% | 26.1%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 23, 2004 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 18, 2026 (19.8 years).
VIS 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 19.8 years both funds cover.
VIS vs VYM Performance
Vanguard Industrials ETF (VIS) is an ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VIS returned +11.82% while VYM returned +15.34%. Year to date, VIS is up 7.41% versus a gain of 11.35% for VYM.
Over three years, VIS compounded at +18.93% per year against +17.22% for VYM; over five years the annualized figures are +12.89% and +12.30% respectively. Across the full 20-year window we track, VIS has the edge at +8.76% annualized vs +6.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VIS has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -64.9% for VIS 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VIS charges 0.09% per year while VYM charges 0.04%. On a $10,000 position that is $9 vs $4 annually, a gap of $5 per year that compounds over a long holding period. On income, VIS currently yields 0.92% against 2.22% for VYM.
Holdings Overlap
39.8% of VIS's money is in holdings VYM also owns. 11.7% of VYM's money is in holdings VIS also owns.
The two portfolios partly overlap.
82 positions in common, counted across the 395 positions we hold weights for in VIS and 557 in VYM, against full books of 399 and 613.
What only one of them owns
Our book lists 448 positions for VYM that do not appear in our book for VIS (85.5% of the fund), and 279 for VIS that do not appear in VYM (58.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in VIS | Weight in VYM | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 5.30% | 1.50% | 3.80% |
| ETNEaton Corp Plc | 2.25% | 0.65% | 1.60% |
| UNPUnion Pacific Corp | 2.09% | 0.70% | 1.39% |
| LMTLockheed Martin Corp | 1.69% | 0.48% | 1.21% |
| ADPAutomatic Data Processing, Inc. | 1.50% | 0.43% | 1.07% |
| MMM3M Company | 1.30% | 0.37% | 0.93% |
| GDGeneral Dynamics Corp. | 1.23% | 0.40% | 0.83% |
| WMWaste Mgmt | 1.28% | 0.34% | 0.94% |
| JCIJohnson Controls International Plc | 1.25% | 0.36% | 0.89% |
| CMICummins Inc. | 1.22% | 0.36% | 0.86% |
39.8% of VIS is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VIS or VYM?
VIS has an expense ratio of 0.09% while VYM charges 0.04%. VYM is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, VIS or VYM?
Over the past year VIS returned +11.82% vs +15.34% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), VIS annualized +8.76% vs +6.82% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VIS or VYM?
VIS has been the more volatile fund at 19.7% annualized versus 14.6% for VYM. Worst drawdown: VIS -64.9% vs VYM -58.8%.
Should I hold both VIS and VYM?
VIS and VYM have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between VIS and VYM?
39.8% of VIS's money is in holdings VYM also owns. 11.7% of VYM's is in holdings VIS also owns. They hold 82 positions in common, counted across the 395 positions we hold weights for in VIS and 557 in VYM.
Which pays a higher dividend, VIS or VYM?
VIS yields 0.92% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VIS?
VYM has a lower expense ratio. VIS led over 3Y, 5Y and the full window, VYM over 1Y. The two have moved almost in lockstep, correlation 0.91. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 30.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.