IVOV vs. SYLD
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and Cambria Shareholder Yield ETF (SYLD).
IVOV and SYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVOV is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Value Index. It was launched on Sep 7, 2010. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.
Performance
IVOV vs. SYLD - Performance Comparison
Loading graphics...
IVOV vs. SYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVOV Vanguard S&P Mid-Cap 400 Value ETF | 0.93% | 7.61% | 11.53% | 15.38% | -7.20% | 30.50% | 3.70% | 25.91% | -12.13% | 12.22% |
SYLD Cambria Shareholder Yield ETF | 9.10% | 3.94% | 3.37% | 16.46% | -6.14% | 48.59% | 13.61% | 26.98% | -13.51% | 20.03% |
Returns By Period
In the year-to-date period, IVOV achieves a 0.93% return, which is significantly lower than SYLD's 9.10% return. Over the past 10 years, IVOV has underperformed SYLD with an annualized return of 9.96%, while SYLD has yielded a comparatively higher 12.45% annualized return.
IVOV
- 1D
- 2.36%
- 1M
- -5.27%
- YTD
- 0.93%
- 6M
- 2.99%
- 1Y
- 12.76%
- 3Y*
- 10.87%
- 5Y*
- 7.13%
- 10Y*
- 9.96%
SYLD
- 1D
- 1.44%
- 1M
- -0.36%
- YTD
- 9.10%
- 6M
- 10.78%
- 1Y
- 20.74%
- 3Y*
- 10.94%
- 5Y*
- 6.86%
- 10Y*
- 12.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IVOV vs. SYLD - Expense Ratio Comparison
IVOV has a 0.10% expense ratio, which is lower than SYLD's 0.59% expense ratio.
Return for Risk
IVOV vs. SYLD — Risk / Return Rank
IVOV
SYLD
IVOV vs. SYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Value ETF (IVOV) and Cambria Shareholder Yield ETF (SYLD). 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.
| IVOV | SYLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 0.97 | -0.35 |
Sortino ratioReturn per unit of downside risk | 1.02 | 1.51 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.20 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 1.42 | -0.52 |
Martin ratioReturn relative to average drawdown | 3.41 | 5.52 | -2.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IVOV | SYLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.97 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.33 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.54 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.56 | -0.01 |
Correlation
The correlation between IVOV and SYLD 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.
Dividends
IVOV vs. SYLD - Dividend Comparison
IVOV's dividend yield for the trailing twelve months is around 1.81%, less than SYLD's 1.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVOV Vanguard S&P Mid-Cap 400 Value ETF | 1.81% | 1.82% | 1.74% | 1.52% | 1.97% | 1.78% | 2.42% | 1.75% | 1.87% | 1.55% | 1.51% | 1.66% |
SYLD Cambria Shareholder Yield ETF | 1.94% | 2.25% | 2.04% | 1.92% | 2.20% | 2.37% | 1.99% | 2.08% | 2.52% | 1.57% | 1.92% | 6.93% |
Drawdowns
IVOV vs. SYLD - Drawdown Comparison
The maximum IVOV drawdown since its inception was -45.99%, roughly equal to the maximum SYLD drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for IVOV and SYLD.
Loading graphics...
Drawdown Indicators
| IVOV | SYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.99% | -45.36% | -0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -14.63% | -14.90% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -22.61% | -26.62% | +4.01% |
Max Drawdown (10Y)Largest decline over 10 years | -45.99% | -45.36% | -0.63% |
Current DrawdownCurrent decline from peak | -7.64% | -3.17% | -4.47% |
Average DrawdownAverage peak-to-trough decline | -5.46% | -5.72% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 3.83% | +0.03% |
Volatility
IVOV vs. SYLD - Volatility Comparison
Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has a higher volatility of 5.32% compared to Cambria Shareholder Yield ETF (SYLD) at 4.04%. This indicates that IVOV's price experiences larger fluctuations and is considered to be riskier than SYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IVOV | SYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 4.04% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 11.46% | 11.47% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.79% | 21.53% | -0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.56% | 20.91% | -1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 22.97% | -1.24% |