VYM vs. L100.L

Last updated Jun 9, 2026

VYM (Vanguard High Dividend Yield ETF) and L100.L (Lyxor FTSE 100 UCITS ETF - Acc) are both exchange-traded funds - VYM is a Dividend fund tracking the FTSE High Dividend Yield Index, while L100.L is a Europe Equities fund tracking the FTSE AllSh TR GBP. Both are passively managed. Over the past 10 years, VYM returned 11.70%/yr vs 8.56%/yr for L100.L. A 0.53 correlation means they provide meaningful diversification when combined. VYM charges 0.04%/yr vs 0.14%/yr for L100.L.

Performance

VYM vs. L100.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard High Dividend Yield ETF (VYM) and Lyxor FTSE 100 UCITS ETF - Acc (L100.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VYM is traded in USD, while L100.L is traded in GBp. To make them comparable, the L100.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 10.82% return, which is significantly higher than L100.L's 5.25% return. Over the past 10 years, VYM has outperformed L100.L with an annualized return of 11.70%, while L100.L has yielded a comparatively lower 8.56% annualized return.

VYM

• 1D: -0.08%
• 1M: 1.71%
• YTD: 10.82%
• 6M: 10.58%
• 1Y: 24.30%
• 3Y*: 17.89%
• 5Y*: 11.33%
• 10Y*: 11.70%

L100.L

• 1D: 0.04%
• 1M: -0.49%
• YTD: 5.25%
• 6M: 9.44%
• 1Y: 19.37%
• 3Y*: 17.27%
• 5Y*: 10.52%
• 10Y*: 8.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VYM vs. L100.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYM Vanguard High Dividend Yield ETF	10.82%	15.42%	17.60%	6.57%	-0.43%	26.20%	1.15%	24.06%	-5.92%	16.42%
L100.L Lyxor FTSE 100 UCITS ETF - Acc	5.25%	35.31%	7.47%	13.03%	-6.35%	16.85%	-9.09%	22.11%	-14.28%	22.76%

Correlation

The correlation between VYM and L100.L is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.53

The correlation between VYM and L100.L has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

VYM vs. L100.L - Sectors Allocation Comparison

Sectors	VYM	L100.L
Financial Services	20.5%	24.5%
Technology	17.7%	0.8%
Healthcare	12.2%	13.6%
Industrials	12.1%	13.7%
Energy	9.8%	11.7%
Consumer Defensive	8.1%	13.9%
Consumer Cyclical	6.7%	4.7%
Utilities	5.7%	5.3%
Communication Services	3.5%	2.6%
Basic Materials	3.5%	8.5%
Real Estate	0.0%	0.9%

Return for Risk

VYM vs. L100.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VYM

VYM Risk / Return Rank: 80
VYM Sharpe Ratio Rank: 81
VYM Sortino Ratio Rank: 83
VYM Omega Ratio Rank: 80
VYM Calmar Ratio Rank: 78
VYM Martin Ratio Rank: 78

L100.L

L100.L Risk / Return Rank: 60
L100.L Sharpe Ratio Rank: 64
L100.L Sortino Ratio Rank: 65
L100.L Omega Ratio Rank: 67
L100.L Calmar Ratio Rank: 52
L100.L Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VYM vs. L100.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and Lyxor FTSE 100 UCITS ETF - Acc (L100.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.

	VYM	L100.L	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.44	+0.92
Sortino ratio: Return per unit of downside risk	3.36	2.03	+1.33
Omega ratio: Gain probability vs. loss probability	1.43	1.26	+0.16
Calmar ratio: Return relative to maximum drawdown	3.65	1.98	+1.66
Martin ratio: Return relative to average drawdown	13.64	6.66	+6.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYM vs. L100.L - Sharpe Ratio Comparison

The current VYM Sharpe Ratio is 2.36, which is higher than the L100.L Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of VYM and L100.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VYM	L100.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	1.44	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.64	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.47	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.18	+0.33

Drawdowns

VYM vs. L100.L - Drawdown Comparison

The maximum VYM drawdown since its inception was -56.98%, smaller than the maximum L100.L drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for VYM and L100.L.

Drawdown Indicators

	VYM	L100.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.98%	-60.70%	+3.72%
Max Drawdown (1Y) Largest decline over 1 year	-6.69%	-9.73%	+3.04%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	-13.73%	-0.73%
Max Drawdown (5Y) Largest decline over 5 years	-15.84%	-26.01%	+10.17%
Max Drawdown (10Y) Largest decline over 10 years	-35.21%	-42.27%	+7.06%
Current Drawdown Current decline from peak	-1.89%	-4.83%	+2.94%
Average Drawdown Average peak-to-trough decline	-7.19%	-14.16%	+6.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.90%	-1.11%

Volatility

VYM vs. L100.L - Volatility Comparison

The current volatility for Vanguard High Dividend Yield ETF (VYM) is 2.82%, while Lyxor FTSE 100 UCITS ETF - Acc (L100.L) has a volatility of 3.86%. This indicates that VYM experiences smaller price fluctuations and is considered to be less risky than L100.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYM	L100.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	3.86%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	7.73%	11.26%	-3.53%
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	13.41%	-3.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.98%	16.56%	-2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.35%	18.32%	-1.97%

VYM vs. L100.L - Expense Ratio Comparison

VYM has a 0.04% expense ratio, which is lower than L100.L's 0.14% 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. L100.L - Dividend Comparison

VYM's dividend yield for the trailing twelve months is around 2.22%, while L100.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
L100.L Lyxor FTSE 100 UCITS ETF - Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VYM Vanguard High Dividend Yield ETF	2.22%	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

Can I hold both VYM and L100.L in my portfolio?

VYM and L100.L have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VYM or L100.L?

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.

Which ETF is cheaper, VYM or L100.L?

VYM is cheaper with a 0.04% expense ratio, compared with 0.14% for L100.L.

What is the main difference between VYM and L100.L?

VYM is categorized as Dividend, while L100.L is Europe Equities. VYM tracks FTSE High Dividend Yield Index, while L100.L tracks FTSE AllSh TR GBP. They also come from different issuers: Vanguard and Amundi. Their fees differ too: 0.04% for VYM and 0.14% for L100.L.