IQSM vs VYM
NYLIM Candriam US Mid Cap Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, IQSM or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. IQSM is less concentrated, with 8.3% of the fund in its ten largest positions against 25.8%.
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 | IQSM | VYM |
|---|---|---|
| Expense Ratio | 0.15% | 0.04%Best |
| AUM | $360M | $78.9B |
| Dividend Yield | 1.07% | 2.37% |
| Holdings | 248 | 608 |
| YTD Return | +10.14% | +11.83%Best |
| 1Y Return | +14.22% | +15.96%Best |
| 3Y Return (annualized) | +14.53% | +18.60%Best |
| 5Y Return (annualized) | - | +11.51% |
| Volatility (annualized) | 16.5% | 11.8%Best |
| Max Drawdown | -23.7% | -14.5%Best |
| $10,000 over 4 years | $15,590 | $17,260Best |
| Top 10 Weight | 8.3%Best | 25.8% |
| Fund Family | New York Life Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Oct 25, 2022 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 25, 2022 to Oct 14, 2026 (4 years).
IQSM vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4 years both funds cover.
IQSM vs VYM Performance
NYLIM Candriam US Mid Cap Equity ETF (IQSM) is an ETF from New York Life Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year IQSM returned +14.22% while VYM returned +15.96%. Year to date, IQSM is up 10.14% versus a gain of 11.83% for VYM.
Over three years, IQSM compounded at +14.53% per year against +18.60% for VYM. Across the full 4-year window we track, VYM has the edge at +14.62% annualized vs +11.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IQSM has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 11.8% 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 -23.7% for IQSM and -14.5% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSM charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, IQSM currently yields 1.07% against 2.37% for VYM.
Holdings Overlap
27.5% of IQSM's money is in holdings VYM also owns. 3.0% of VYM's money is in holdings IQSM also owns.
IQSM and VYM share little of their money.
70 positions in common, counted across the 246 positions we hold weights for in IQSM and 602 in VYM, against full books of 248 and 608.
What only one of them owns
Our book lists 505 positions for VYM that do not appear in our book for IQSM (94.9% of the fund), and 169 for IQSM that do not appear in VYM (69.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IQSM | Weight in VYM | Difference |
|---|---|---|---|
| VTRSViatris | 0.82% | 0.08% | 0.74% |
| IEXIdex Corp Common Stock Usd 0.01 | 0.72% | 0.07% | 0.65% |
| DINOHollyfrontier | 0.71% | 0.06% | 0.65% |
| CHRWCh Robinson Worldwide Inc. | 0.68% | 0.07% | 0.61% |
| BBYBest Buy Co Inc | 0.66% | 0.06% | 0.60% |
| RGAReinsurance Group of America, Incorporated | 0.65% | 0.06% | 0.59% |
| SWKStanley Black Decker Inc. | 0.54% | 0.06% | 0.48% |
| MASMasco Corp. | 0.54% | 0.06% | 0.48% |
| AIZAssurant, Inc. | 0.53% | 0.06% | 0.47% |
| UNMUnum Group | 0.52% | 0.06% | 0.46% |
27.5% of IQSM is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, IQSM or VYM?
IQSM has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, IQSM or VYM?
Over the past year IQSM returned +14.22% vs +15.96% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), IQSM annualized +11.74% vs +14.62% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSM or VYM?
IQSM has been the more volatile fund at 16.5% annualized versus 11.8% for VYM. Worst drawdown: IQSM -23.7% vs VYM -14.5%.
Should I hold both IQSM and VYM?
IQSM and VYM have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IQSM and VYM?
27.5% of IQSM's money is in holdings VYM also owns. 3.0% of VYM's is in holdings IQSM also owns. They hold 70 positions in common, counted across the 246 positions we hold weights for in IQSM and 602 in VYM.
Which pays a higher dividend, IQSM or VYM?
IQSM yields 1.07% while VYM yields 2.37%, so VYM currently pays the higher dividend yield.
Is VYM better than IQSM?
VYM has a lower expense ratio. VYM led over 1Y, 3Y and the full window. IQSM is less concentrated, with 8.3% of the fund in its ten largest positions against 25.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.