VYM
Vanguard High Dividend Yield ETF
📎 Investment Objective
The Vanguard High Dividend Yield ETF (VYM) seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies characterized by high dividend yields.
Overview
ETF tracking Vanguard High Dividend Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Vanguard High Dividend Yield ETF (VYM) seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies characterized by high dividend yields.
🎯 Investment Strategy
The fund employs a passively managed, full-replication approach to track the FTSE High Dividend Yield Index, which is composed of common stocks of companies that pay dividends that are generally higher than average. The fund invests in a diversified portfolio of high-yielding stocks across various sectors.
✨ Key Features
- Provides exposure to a broad portfolio of high-dividend-paying U.S. stocks
- Seeks to track the FTSE High Dividend Yield Index, a market-capitalization-weighted index
- Employs a low-cost, passive investment approach
- Diversified across sectors and industries
⚠️ Primary Risks
- Market risk: The value of the fund's shares may fluctuate due to changes in the stock market
- Dividend reduction risk: Companies may reduce or eliminate their dividends, which could negatively impact the fund's performance
- Sector concentration risk: The fund may be more susceptible to factors affecting a particular sector
- Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time or price
👤 Best For
The Vanguard High Dividend Yield ETF may be suitable for investors seeking exposure to a diversified portfolio of high-dividend-paying U.S. stocks as part of a long-term, balanced investment strategy. It may be particularly appealing to investors seeking current income and a focus on value-oriented stocks.