DGRO vs. VYM
Compare and contrast key facts about iShares Core Dividend Growth ETF (DGRO) and Vanguard High Dividend Yield ETF (VYM).
DGRO and VYM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006. Both DGRO and VYM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGRO or VYM.
Performance
DGRO vs. VYM - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with DGRO having a 19.14% return and VYM slightly higher at 19.69%. Over the past 10 years, DGRO has outperformed VYM with an annualized return of 11.72%, while VYM has yielded a comparatively lower 9.87% annualized return.
DGRO
19.14%
-0.44%
9.59%
26.59%
11.75%
11.72%
VYM
19.69%
0.55%
10.19%
28.16%
10.95%
9.87%
Key characteristics
| DGRO | VYM | |
|---|---|---|
| Sharpe Ratio | 2.76 | 2.65 |
| Sortino Ratio | 3.90 | 3.77 |
| Omega Ratio | 1.51 | 1.48 |
| Calmar Ratio | 5.19 | 5.38 |
| Martin Ratio | 18.07 | 17.01 |
| Ulcer Index | 1.46% | 1.64% |
| Daily Std Dev | 9.55% | 10.55% |
| Max Drawdown | -35.10% | -56.98% |
| Current Drawdown | -1.79% | -1.46% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DGRO vs. VYM - Expense Ratio Comparison
DGRO has a 0.08% expense ratio, which is higher than VYM's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between DGRO and VYM is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DGRO vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Dividend Growth ETF (DGRO) and Vanguard High Dividend Yield ETF (VYM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DGRO vs. VYM - Dividend Comparison
DGRO's dividend yield for the trailing twelve months is around 2.18%, less than VYM's 2.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 2.18% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.77% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
DGRO vs. VYM - Drawdown Comparison
The maximum DGRO drawdown since its inception was -35.10%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for DGRO and VYM. For additional features, visit the drawdowns tool.
Volatility
DGRO vs. VYM - Volatility Comparison
The current volatility for iShares Core Dividend Growth ETF (DGRO) is 3.22%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 3.73%. This indicates that DGRO experiences smaller price fluctuations and is considered to be less risky than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.