Vanguard High Dividend Yield ETF (NYSE: VYM), which holds 410 stocks with $40.0 billion in total net assets, is one of the largest dividend ETF. It has a yield of 3.17% but has a low expense ratio of 0.06%. Its asset class is consisted of large value domestic stocks. This ETF tracks the performance of stocks that are forecasted to have above-average dividend yields.
- Johnson & Johnson
- JPMorgan Chase & Co.
- Procter & Gamble Co.
- Bank of America Corp.
- Intel Corp.
- Verizon Communications Inc.
- Comcast Corp.
- AT&T Inc.
- Pfizer Inc.
- Walmart Inc.
The portfolio composition consisted of the following equity sectors.
- Basic materials 3.80%
- Consumer Discretionary 6.10%
- Consumer Staples 13.10%
- Energy 6.30%
- Financials 20.60%
- Health Care 14.20%
- Industrials 9.90%
- Technology 9.30%
- Telecommunications 7.90%
- Utilities 8.80%
In conclusion, Vanguard High Dividend Yield ETF is for investors who are interested in ETF that pay high dividends with low fee ratio.
Love this Vanguard fund.
VYM is in my IRA account.