VYM vs. VYMI
Compare and contrast key facts about Vanguard High Dividend Yield ETF (VYM) and Vanguard International High Dividend Yield ETF (VYMI).
VYM and VYMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016. Both VYM and VYMI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VYM or VYMI.
Performance
VYM vs. VYMI - Performance Comparison
Returns By Period
In the year-to-date period, VYM achieves a 19.69% return, which is significantly higher than VYMI's 8.76% return.
VYM
19.69%
0.55%
10.19%
28.16%
10.95%
9.87%
VYMI
8.76%
-2.82%
1.00%
15.02%
7.03%
N/A
Key characteristics
| VYM | VYMI | |
|---|---|---|
| Sharpe Ratio | 2.65 | 1.20 |
| Sortino Ratio | 3.77 | 1.67 |
| Omega Ratio | 1.48 | 1.21 |
| Calmar Ratio | 5.38 | 2.13 |
| Martin Ratio | 17.01 | 6.55 |
| Ulcer Index | 1.64% | 2.21% |
| Daily Std Dev | 10.55% | 12.05% |
| Max Drawdown | -56.98% | -40.00% |
| Current Drawdown | -1.46% | -5.58% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VYM vs. VYMI - Expense Ratio Comparison
VYM has a 0.06% expense ratio, which is lower than VYMI's 0.22% 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%.
Correlation
The correlation between VYM and VYMI is 0.76, 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.
Risk-Adjusted Performance
VYM vs. VYMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and Vanguard International High Dividend Yield ETF (VYMI). 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
VYM vs. VYMI - Dividend Comparison
VYM's dividend yield for the trailing twelve months is around 2.77%, less than VYMI's 4.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VYM Vanguard High Dividend Yield ETF | 2.77% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
VYMI Vanguard International High Dividend Yield ETF | 4.55% | 4.58% | 4.71% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% | 0.00% | 0.00% | 0.00% |
Drawdowns
VYM vs. VYMI - Drawdown Comparison
The maximum VYM drawdown since its inception was -56.98%, which is greater than VYMI's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for VYM and VYMI. For additional features, visit the drawdowns tool.
Volatility
VYM vs. VYMI - Volatility Comparison
The current volatility for Vanguard High Dividend Yield ETF (VYM) is 3.73%, while Vanguard International High Dividend Yield ETF (VYMI) has a volatility of 3.94%. This indicates that VYM experiences smaller price fluctuations and is considered to be less risky than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.