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EDV vs. VYM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDV vs. VYM

Last updated Jun 4, 2026

EDV (Vanguard Extended Duration Treasury ETF) and VYM (Vanguard High Dividend Yield ETF) are both exchange-traded funds - EDV is a Government Bonds fund tracking the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, while VYM is a Dividend fund tracking the FTSE High Dividend Yield Index. Both are passively managed. Over the past 10 years, EDV returned -3.32%/yr vs 11.90%/yr for VYM. At a correlation of -0.26, they often move in opposite directions. EDV charges 0.05%/yr vs 0.04%/yr for VYM.

Performance

EDV vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Extended Duration Treasury ETF (EDV) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EDV achieves a -0.72% return, which is significantly lower than VYM's 12.47% return. Over the past 10 years, EDV has underperformed VYM with an annualized return of -3.32%, while VYM has yielded a comparatively higher 11.90% annualized return.

EDV

1D
-0.48%
1M
1.42%
YTD
-0.72%
6M
-3.69%
1Y
4.85%
3Y*
-5.25%
5Y*
-10.02%
10Y*
-3.32%

VYM

1D
-0.43%
1M
3.38%
YTD
12.47%
6M
12.01%
1Y
26.16%
3Y*
18.88%
5Y*
11.48%
10Y*
11.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDV vs. VYM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EDV
Vanguard Extended Duration Treasury ETF		-0.72%0.65%-12.78%1.65%-39.15%-6.19%23.59%18.67%-3.40%13.94%
VYM
Vanguard High Dividend Yield ETF		12.47%15.42%17.60%6.57%-0.43%26.20%1.15%24.06%-5.92%16.42%

Correlation

The correlation between EDV and VYM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.06

Correlation (10Y)
Calculated over the trailing 10-year period

-0.11

Correlation (All Time)
Calculated using the full available price history since Dec 14, 2007

-0.26

The correlation between EDV and VYM shifts across timeframes, from -0.26 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Extended Duration Treasury ETF

Vanguard High Dividend Yield ETF

Often compared with EDV:
EDV vs. TLTEDV vs. ZROZEDV vs. VGLTEDV vs. TMFEDV vs. GOVZEDV vs. SPTLEDV vs. BLV
Often compared with VYM:
VYM vs. SCHDVYM vs. VIGVYM vs. VYMIVYM vs. FDVVVYM vs. VOOVYM vs. VTIVYM vs. DGRO

Return for Risk

EDV vs. VYM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EDV
EDV Risk / Return Rank: 1313
Overall Rank
EDV Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
EDV Sortino Ratio Rank: 1313
Sortino Ratio Rank
EDV Omega Ratio Rank: 1212
Omega Ratio Rank
EDV Calmar Ratio Rank: 1313
Calmar Ratio Rank
EDV Martin Ratio Rank: 1313
Martin Ratio Rank
VYM
VYM Risk / Return Rank: 7777
Overall Rank
VYM Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
VYM Sortino Ratio Rank: 8080
Sortino Ratio Rank
VYM Omega Ratio Rank: 7676
Omega Ratio Rank
VYM Calmar Ratio Rank: 7676
Calmar Ratio Rank
VYM Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDV vs. VYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Duration Treasury ETF (EDV) 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.

EDVVYMDifference
Sharpe ratioReturn per unit of total volatility
0.33
2.56

-2.23

Sortino ratioReturn per unit of downside risk
0.58
3.65

-3.07

Omega ratioGain probability vs. loss probability

1.06

1.46

-0.40

Calmar ratioReturn relative to maximum drawdown

0.39

3.93

-3.54

Martin ratioReturn relative to average drawdown

0.90

14.76

-13.86

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDV vs. VYM - Sharpe Ratio Comparison

The current EDV Sharpe Ratio is 0.33, which is lower than the VYM Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of EDV and VYM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EDVVYMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.33

2.56

-2.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.47

0.83

-1.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.17

0.73

-0.90

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.51

-0.39

Drawdowns

EDV vs. VYM - Drawdown Comparison

The maximum EDV drawdown since its inception was -59.96%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for EDV and VYM.

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Drawdown Indicators

EDVVYMDifference

Max Drawdown

Largest peak-to-trough decline

-59.96%

-56.98%

-2.98%

Max Drawdown (1Y)

Largest decline over 1 year

-12.54%

-6.69%

-5.85%

Max Drawdown (3Y)

Largest decline over 3 years

-26.99%

-14.46%

-12.53%

Max Drawdown (5Y)

Largest decline over 5 years

-55.03%

-15.84%

-39.19%

Max Drawdown (10Y)

Largest decline over 10 years

-59.96%

-35.21%

-24.75%

Current Drawdown

Current decline from peak

-54.45%

-0.43%

-54.02%

Average Drawdown

Average peak-to-trough decline

-23.43%

-7.19%

-16.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.38%

1.78%

+3.60%

Volatility

EDV vs. VYM - Volatility Comparison

Vanguard Extended Duration Treasury ETF (EDV) has a higher volatility of 4.06% compared to Vanguard High Dividend Yield ETF (VYM) at 2.77%. This indicates that EDV's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EDVVYMDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.06%

2.77%

+1.29%

Volatility (6M)

Calculated over the trailing 6-month period

9.65%

7.67%

+1.98%

Volatility (1Y)

Calculated over the trailing 1-year period

14.64%

10.28%

+4.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.63%

13.96%

+7.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.81%

16.34%

+3.47%

EDV vs. VYM - Expense Ratio Comparison

EDV has a 0.05% expense ratio, which is higher than VYM's 0.04% 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%.

Dividends

EDV vs. VYM - Dividend Comparison

EDV's dividend yield for the trailing twelve months is around 4.99%, more than VYM's 2.19% yield.

PositionTTM20252024202320222021202020192018201720162015
EDV
Vanguard Extended Duration Treasury ETF		4.99%4.94%4.65%3.81%3.28%1.95%5.54%3.51%2.90%2.92%5.32%4.24%
VYM
Vanguard High Dividend Yield ETF		2.19%2.44%2.74%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%

Frequently Asked Questions

EDV and VYM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EDV has higher volatility (4.06%) compared to VYM (2.77%). In terms of maximum drawdown, EDV dropped -59.96% vs VYM's -56.98%.

On 10-year performance, VYM leads with 11.90% vs -3.32% for EDV. On fees, VYM is cheaper at 0.04% per year. On volatility, VYM has been the lower-risk option at 2.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VYM has performed better with a 11.90% return vs -3.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VYM is cheaper with a 0.04% expense ratio, compared with 0.05% for EDV.

EDV has the higher dividend yield at 4.99%, compared with 2.19% for VYM.

EDV is categorized as Government Bonds, while VYM is Dividend. EDV tracks Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, while VYM tracks FTSE High Dividend Yield Index. Their fees differ too: 0.05% for EDV and 0.04% for VYM.

VYM currently has the higher Sharpe Ratio (2.56 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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