VIMSX vs. VYM
Compare and contrast key facts about Vanguard Mid Cap Index Fund (VIMSX) and Vanguard High Dividend Yield ETF (VYM).
VIMSX is managed by Vanguard. It was launched on May 21, 1998. 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: VIMSX or VYM.
Key characteristics
| VIMSX | VYM | |
|---|---|---|
| YTD Return | 11.99% | 15.34% |
| 1Y Return | 21.61% | 21.55% |
| 3Y Return (Ann) | 3.48% | 10.01% |
| 5Y Return (Ann) | 10.34% | 10.75% |
| 10Y Return (Ann) | 9.57% | 9.86% |
| Sharpe Ratio | 1.52 | 1.86 |
| Daily Std Dev | 13.49% | 11.02% |
| Max Drawdown | -58.96% | -56.98% |
| Current Drawdown | 0.00% | -0.32% |
Correlation
The correlation between VIMSX and VYM is 0.88, 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
VIMSX vs. VYM - Performance Comparison
In the year-to-date period, VIMSX achieves a 11.99% return, which is significantly lower than VYM's 15.34% return. Both investments have delivered pretty close results over the past 10 years, with VIMSX having a 9.57% annualized return and VYM not far ahead at 9.86%. 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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VIMSX vs. VYM - Expense Ratio Comparison
VIMSX has a 0.17% 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
VIMSX vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid Cap Index Fund (VIMSX) 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
VIMSX vs. VYM - Dividend Comparison
VIMSX's dividend yield for the trailing twelve months is around 1.38%, less than VYM's 2.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIMSX Vanguard Mid Cap Index Fund | 1.38% | 1.40% | 1.46% | 1.00% | 1.34% | 1.37% | 1.68% | 1.24% | 1.34% | 1.33% | 1.14% | 1.03% |
VYM Vanguard High Dividend Yield ETF | 2.81% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
VIMSX vs. VYM - Drawdown Comparison
The maximum VIMSX drawdown since its inception was -58.96%, roughly equal to the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for VIMSX and VYM. For additional features, visit the drawdowns tool.
Volatility
VIMSX vs. VYM - Volatility Comparison
Vanguard Mid Cap Index Fund (VIMSX) has a higher volatility of 3.53% compared to Vanguard High Dividend Yield ETF (VYM) at 3.28%. This indicates that VIMSX'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.