VYM vs. IBTM.L
VYM (Vanguard High Dividend Yield ETF) and IBTM.L (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) are both exchange-traded funds - VYM is a Dividend fund tracking the FTSE High Dividend Yield Index, while IBTM.L is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Both are passively managed. Over the past 10 years, VYM returned 11.95%/yr vs 0.65%/yr for IBTM.L. At a correlation of -0.08, they often move in opposite directions. VYM charges 0.04%/yr vs 0.07%/yr for IBTM.L.
Performance
VYM vs. IBTM.L - Performance Comparison
Loading charts...
Different Trading Currencies
VYM is traded in USD, while IBTM.L is traded in GBP. To make them comparable, the IBTM.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VYM achieves a 12.37% return, which is significantly higher than IBTM.L's -0.89% return. Over the past 10 years, VYM has outperformed IBTM.L with an annualized return of 11.95%, while IBTM.L has yielded a comparatively lower 0.65% annualized return.
VYM
- 1D
- 0.80%
- 1M
- 3.01%
- YTD
- 12.37%
- 6M
- 11.19%
- 1Y
- 24.69%
- 3Y*
- 18.06%
- 5Y*
- 11.59%
- 10Y*
- 11.95%
IBTM.L
- 1D
- -0.43%
- 1M
- 0.17%
- YTD
- -0.89%
- 6M
- -0.39%
- 1Y
- 3.30%
- 3Y*
- 2.85%
- 5Y*
- -1.11%
- 10Y*
- 0.65%
VYM vs. IBTM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VYM Vanguard High Dividend Yield ETF | 12.37% | 15.42% | 17.60% | 6.57% | -0.43% | 26.20% | 1.15% | 24.06% | -5.92% | 16.42% |
IBTM.L iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | -0.89% | 8.50% | -0.23% | 2.90% | -14.92% | -2.66% | 9.27% | 9.73% | 0.47% | 2.43% |
Correlation
The correlation between VYM and IBTM.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | -0.08 |
The correlation between VYM and IBTM.L shifts across timeframes, from -0.08 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VYM vs. IBTM.L — Risk / Return Rank
VYM
IBTM.L
VYM vs. IBTM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L). 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.
| VYM | IBTM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.10 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 0.79 | +2.92 |
| Martin ratioReturn relative to average drawdown | 13.81 | 2.26 | +11.55 |
Loading charts...
Drawdowns
VYM vs. IBTM.L - Drawdown Comparison
The maximum VYM drawdown since its inception was -56.98%, which is greater than IBTM.L's maximum drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for VYM and IBTM.L.
Loading charts...
Drawdown Indicators
| VYM | IBTM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.98% | -53.26% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -6.69% | -4.18% | -2.51% |
Max Drawdown (3Y)Largest decline over 3 years | -14.46% | -7.61% | -6.85% |
Max Drawdown (5Y)Largest decline over 5 years | -15.84% | -21.13% | +5.29% |
Max Drawdown (10Y)Largest decline over 10 years | -35.21% | -23.64% | -11.57% |
Current DrawdownCurrent decline from peak | -0.52% | -20.74% | +20.22% |
Average DrawdownAverage peak-to-trough decline | -7.18% | -29.38% | +22.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 1.46% | +0.34% |
Volatility
VYM vs. IBTM.L - Volatility Comparison
Vanguard High Dividend Yield ETF (VYM) has a higher volatility of 3.31% compared to iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) at 1.97%. This indicates that VYM's price experiences larger fluctuations and is considered to be riskier than IBTM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VYM | IBTM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 1.97% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 7.81% | 4.20% | +3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.47% | 5.76% | +4.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.99% | 8.51% | +5.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 7.83% | +8.52% |
VYM vs. IBTM.L - Expense Ratio Comparison
VYM has a 0.04% expense ratio, which is lower than IBTM.L's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VYM vs. IBTM.L - Dividend Comparison
VYM's dividend yield for the trailing twelve months is around 2.19%, less than IBTM.L's 4.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTM.L iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) | 4.36% | 4.19% | 3.94% | 3.16% | 1.96% | 1.14% | 1.69% | 2.53% | 2.34% | 2.02% | 1.79% | 1.97% |
VYM Vanguard High Dividend Yield ETF | 2.19% | 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
VYM and IBTM.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VYM is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VYM is cheaper with a 0.04% expense ratio, compared with 0.07% for IBTM.L.
VYM is categorized as Dividend, while IBTM.L is Government Bonds. VYM tracks FTSE High Dividend Yield Index, while IBTM.L tracks ICE U.S. Treasury 7-10 Year Bond Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.04% for VYM and 0.07% for IBTM.L.
Find the right allocation for VYM and IBTM.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer