VDIGX vs. VYM
Compare and contrast key facts about Vanguard Dividend Growth Fund (VDIGX) and Vanguard High Dividend Yield ETF (VYM).
VDIGX is managed by Vanguard. It was launched on May 15, 1992. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VDIGX or VYM.
Key characteristics
| VDIGX | VYM | |
|---|---|---|
| YTD Return | 2.17% | 4.92% |
| 1Y Return | 7.89% | 12.52% |
| 3Y Return (Ann) | 6.25% | 7.22% |
| 5Y Return (Ann) | 10.61% | 9.40% |
| 10Y Return (Ann) | 10.82% | 9.53% |
| Sharpe Ratio | 0.88 | 1.15 |
| Daily Std Dev | 9.16% | 10.83% |
| Max Drawdown | -45.23% | -56.98% |
| Current Drawdown | -3.91% | -3.74% |
Correlation
The correlation between VDIGX and VYM is 0.92, 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
VDIGX vs. VYM - Performance Comparison
In the year-to-date period, VDIGX achieves a 2.17% return, which is significantly lower than VYM's 4.92% return. Over the past 10 years, VDIGX has outperformed VYM with an annualized return of 10.82%, while VYM has yielded a comparatively lower 9.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VDIGX vs. VYM - Expense Ratio Comparison
VDIGX has a 0.27% 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%.
Risk-Adjusted Performance
VDIGX vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Growth Fund (VDIGX) 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
VDIGX vs. VYM - Dividend Comparison
VDIGX's dividend yield for the trailing twelve months is around 3.29%, more than VYM's 2.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDIGX Vanguard Dividend Growth Fund | 3.29% | 2.29% | 6.06% | 5.45% | 2.83% | 4.70% | 8.84% | 5.16% | 2.86% | 5.69% | 3.41% | 2.28% |
VYM Vanguard High Dividend Yield ETF | 2.93% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
VDIGX vs. VYM - Drawdown Comparison
The maximum VDIGX drawdown since its inception was -45.23%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for VDIGX and VYM. For additional features, visit the drawdowns tool.
Volatility
VDIGX vs. VYM - Volatility Comparison
The current volatility for Vanguard Dividend Growth Fund (VDIGX) is 2.54%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 3.15%. This indicates that VDIGX 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.