IQDY vs. VYMI
Compare and contrast key facts about FlexShares International Quality Dividend Dynamic Index Fund (IQDY) and Vanguard International High Dividend Yield ETF (VYMI).
IQDY and VYMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDY is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Dynamic Index. It was launched on Apr 12, 2013. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016. Both IQDY and VYMI 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: IQDY or VYMI.
Key characteristics
| IQDY | VYMI | |
|---|---|---|
| YTD Return | 3.23% | 4.41% |
| 1Y Return | 16.03% | 14.85% |
| 3Y Return (Ann) | 2.58% | 5.50% |
| 5Y Return (Ann) | 7.49% | 6.47% |
| Sharpe Ratio | 1.14 | 1.23 |
| Daily Std Dev | 14.16% | 12.08% |
| Max Drawdown | -39.59% | -40.00% |
| Current Drawdown | -1.22% | -0.64% |
Correlation
The correlation between IQDY and VYMI is 0.91, 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.
Performance
IQDY vs. VYMI - Performance Comparison
In the year-to-date period, IQDY achieves a 3.23% return, which is significantly lower than VYMI's 4.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IQDY vs. VYMI - Expense Ratio Comparison
IQDY has a 0.47% expense ratio, which is higher than VYMI's 0.22% expense ratio.
Risk-Adjusted Performance
IQDY vs. VYMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Dynamic Index Fund (IQDY) and Vanguard International High Dividend Yield ETF (VYMI). 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
IQDY vs. VYMI - Dividend Comparison
IQDY's dividend yield for the trailing twelve months is around 6.07%, more than VYMI's 4.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDY FlexShares International Quality Dividend Dynamic Index Fund | 6.07% | 6.45% | 5.52% | 3.88% | 2.62% | 3.85% | 5.97% | 3.57% | 3.77% | 4.08% | 4.34% | 2.33% |
VYMI Vanguard International High Dividend Yield ETF | 4.87% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% | 0.00% | 0.00% | 0.00% |
Drawdowns
IQDY vs. VYMI - Drawdown Comparison
The maximum IQDY drawdown since its inception was -39.59%, roughly equal to the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for IQDY and VYMI. For additional features, visit the drawdowns tool.
Volatility
IQDY vs. VYMI - Volatility Comparison
FlexShares International Quality Dividend Dynamic Index Fund (IQDY) has a higher volatility of 4.17% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.90%. This indicates that IQDY's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.