FSTUX vs. VYM

Last updated Aug 4, 2026

FSTUX (Invesco Dividend Income Fund) and VYM (Vanguard High Dividend Yield ETF) are both funds - FSTUX is a Large Cap Value Equities fund managed by Invesco, while VYM is a Dividend fund tracking the FTSE High Dividend Yield Index. Over the past 10 years, FSTUX returned 8.41%/yr vs 11.68%/yr for VYM. Their correlation of 0.87 means they have usually moved in the same direction. FSTUX charges 0.94%/yr vs 0.04%/yr for VYM.

Performance

FSTUX vs. VYM - Performance Comparison

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

Returns By Period

In the year-to-date period, FSTUX achieves a 9.80% return, which is significantly lower than VYM's 14.80% return. Over the past 10 years, FSTUX has underperformed VYM with an annualized return of 8.41%, while VYM has yielded a comparatively higher 11.68% annualized return.

FSTUX

• 1D: 0.03%
• 1M: 0.97%
• 6M: 5.41%
• YTD: 9.80%
• 1Y: 18.42%
• 3Y*: 13.18%
• 5Y*: 10.10%
• 10Y*: 8.41%
• ALL TIME*: 9.02%

VYM

• 1D: 0.51%
• 1M: 2.08%
• 6M: 9.09%
• YTD: 14.80%
• 1Y: 25.54%
• 3Y*: 17.71%
• 5Y*: 12.36%
• 10Y*: 11.68%
• ALL TIME*: 9.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSTUX Invesco Dividend Income Fund	$0.00	$0.00	$0.00
VYM Vanguard High Dividend Yield ETF	$204.09M	$201.36M	$203.61M

FSTUX vs. VYM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSTUX Invesco Dividend Income Fund	9.80%	15.48%	11.49%	7.10%	0.58%	18.98%	0.56%	18.10%	-7.45%	8.88%
VYM Vanguard High Dividend Yield ETF	14.80%	15.42%	17.60%	6.57%	-0.43%	26.20%	1.15%	24.06%	-5.92%	16.42%

Correlation

The correlation between FSTUX and VYM is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Nov 16, 2006	0.87

The correlation between FSTUX and VYM has been stable across timeframes, ranging from 0.87 to 0.96 - a consistent structural relationship.

Return for Risk

FSTUX vs. VYM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSTUX

FSTUX Risk / Return Rank: 72
FSTUX Sharpe Ratio Rank: 75
FSTUX Sortino Ratio Rank: 76
FSTUX Omega Ratio Rank: 71
FSTUX Calmar Ratio Rank: 76
FSTUX Martin Ratio Rank: 64

VYM

VYM Risk / Return Rank: 92
VYM Sharpe Ratio Rank: 93
VYM Sortino Ratio Rank: 93
VYM Omega Ratio Rank: 92
VYM Calmar Ratio Rank: 90
VYM Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSTUX vs. VYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dividend Income Fund (FSTUX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSTUX	VYM	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.52	-0.70
Sortino ratio: Return per unit of downside risk	2.68	3.60	-0.92
Omega ratio: Gain probability vs. loss probability	1.33	1.46	-0.13
Calmar ratio: Return relative to maximum drawdown	2.59	3.83	-1.24
Martin ratio: Return relative to average drawdown	8.69	14.40	-5.71

FSTUX vs. VYM - Sharpe Ratio Comparison

The current FSTUX Sharpe Ratio is 1.82, which is comparable to the VYM Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of FSTUX 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.

Drawdowns

FSTUX vs. VYM - Drawdown Comparison

The maximum FSTUX drawdown since its inception was -62.41%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FSTUX and VYM.

Drawdown Indicators

	FSTUX	VYM	Difference
Max Drawdown Largest peak-to-trough decline	-62.41%	-56.98%	-5.43%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-6.69%	-0.13%
Max Drawdown (3Y) Largest decline over 3 years	-12.99%	-14.46%	+1.47%
Max Drawdown (5Y) Largest decline over 5 years	-16.18%	-15.84%	-0.34%
Max Drawdown (10Y) Largest decline over 10 years	-31.89%	-35.21%	+3.32%
Current Drawdown Current decline from peak	-0.68%	-0.64%	-0.04%
Average Drawdown Average peak-to-trough decline	-11.86%	-7.14%	-4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.78%	+0.25%

Volatility

FSTUX vs. VYM - Volatility Comparison

Invesco Dividend Income Fund (FSTUX) has a higher volatility of 2.88% compared to Vanguard High Dividend Yield ETF (VYM) at 2.40%. This indicates that FSTUX'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.

Volatility by Period

	FSTUX	VYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	2.40%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	7.46%	7.43%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	9.75%	10.19%	-0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.97%	13.87%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.50%	16.30%	-1.80%

FSTUX vs. VYM - Expense Ratio Comparison

FSTUX has a 0.94% expense ratio, which is higher than VYM's 0.04% expense ratio.

Dividends

FSTUX vs. VYM - Dividend Comparison

FSTUX's dividend yield for the trailing twelve months is around 10.97%, more than VYM's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSTUX Invesco Dividend Income Fund	10.97%	11.91%	7.47%	5.59%	5.72%	6.49%	2.17%	3.24%	10.97%	4.09%	2.28%	4.24%
VYM Vanguard High Dividend Yield ETF	2.23%	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

Can I hold both FSTUX and VYM in my portfolio?

FSTUX and VYM have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSTUX or VYM?

FSTUX has higher volatility (2.88%) compared to VYM (2.40%). In terms of maximum drawdown, FSTUX dropped -62.41% vs VYM's -56.98%.

Which has better risk-adjusted returns?

VYM currently has the higher Sharpe Ratio (2.52 vs 1.82), 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.