VVR vs VYM
Invesco Senior Income Trust vs Vanguard High Dividend Yield ETF
Which is better, VVR or VYM?
Bank Loan 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 | VVR | VYM |
|---|---|---|
| Expense Ratio | 5.26% | 0.04%Best |
| AUM | $1,117.8 | $81.6B |
| Dividend Yield | 12.54% | 2.22% |
| Holdings | 525 | 613 |
| YTD Return | -0.68% | +13.75%Best |
| 1Y Return | -6.17% | +19.42%Best |
| 3Y Return (annualized) | +3.08% | +18.22%Best |
| 5Y Return (annualized) | +4.13% | +12.17%Best |
| Volatility (annualized) | 16.4% | 14.5%Best |
| Max Drawdown | -79.1% | -58.8%Best |
| $10,000 over 5 years | $12,243 | $17,758Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Jun 24, 1998 | 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 Sep 9, 2026 (19.8 years).
VVR 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.
VVR vs VYM Performance
Invesco Senior Income Trust (VVR) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VVR returned -6.17% while VYM returned +19.42%. Year to date, VVR is down 0.68% versus a gain of 13.75% for VYM.
Over three years, VVR compounded at +3.08% per year against +18.22% for VYM; over five years the annualized figures are +4.13% and +12.17% respectively. Across the full 20-year window we track, VYM has the edge at +6.94% annualized vs -2.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VVR has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.5% 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 -79.1% for VVR 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VVR charges 5.26% per year while VYM charges 0.04%. On a $10,000 position that is $526 vs $4 annually, a gap of $522 per year that compounds over a long holding period. On income, VVR currently yields 12.54% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 138 holdings in VVR and 603 in VYM, totalling 38.3% and 99.5% of the two funds. That is not enough of VVR to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
The two holdings books were reported 303 days apart, VVR as of Aug 31, 2025 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 138 positions we hold weights for in VVR and 603 in VYM, against full books of 525 and 613.
Top Shared Holdings
| Stock | Weight in VVR | Weight in VYM | Difference |
|---|---|---|---|
| PTENPatterson-Uti Energy Inc | 0.03% | 0.01% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of VVR 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, VVR or VYM?
VVR has an expense ratio of 5.26% while VYM charges 0.04%. VYM is the cheaper option, by $522 a year on a $10,000 investment.
Which performed better, VVR or VYM?
Over the past year VVR returned -6.17% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), VVR annualized -2.15% vs +6.94% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VVR or VYM?
VVR has been the more volatile fund at 16.4% annualized versus 14.5% for VYM. Worst drawdown: VVR -79.1% vs VYM -58.8%.
Should I hold both VVR and VYM?
VVR and VYM have a monthly-return correlation of 0.55, 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, VVR or VYM?
VVR yields 12.54% while VYM yields 2.22%, so VVR currently pays the higher dividend yield.
Is VYM better than VVR?
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.