INNO vs VYM
Harbor Disruptive Innovation ETF vs Vanguard High Dividend Yield ETF
Which is better, INNO or VYM?
Mid Cap Growth against Large Cap Value.
VYM has a lower expense ratio. INNO led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | INNO | VYM |
|---|---|---|
| Expense Ratio | 0.75% | 0.04%Best |
| AUM | $3M | $78.9B |
| Dividend Yield | 0.00% | 2.37% |
| Holdings | 71 | 608 |
| Volatility (annualized) | 26.2% | 15.3%Best |
| Max Drawdown | -49.9% | -15.8%Best |
| $10,000 over 3 years | $14,076Best | $13,687 |
| Fund Family | Harbor Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Dec 1, 2021 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 670 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. INNO has data through Dec 13, 2024 and VYM through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Dec 1, 2021 to Dec 13, 2024 (3 years).
Risk: Volatility and Drawdowns
INNO has been the more volatile fund, with annualized monthly volatility of 26.2% compared with 15.3% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -49.9% for INNO and -15.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
INNO charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, INNO currently yields 0.00% against 2.37% for VYM.
You are not choosing between two funds in isolation.
Whichever of INNO and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, INNO or VYM?
INNO has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which is riskier, INNO or VYM?
INNO has been the more volatile fund at 26.2% annualized versus 15.3% for VYM. Worst drawdown: INNO -49.9% vs VYM -15.8%.
Should I hold both INNO and VYM?
INNO and VYM have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, INNO or VYM?
INNO yields 0.00% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than INNO?
VYM has a lower expense ratio. INNO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.