Vanguard High Dividend Yield ETF (VYM)
Vanguard High Dividend Yield ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $166.67, up 0.32% on the session, giving a market capitalisation of $99.01B. Its beta of 0.74 implies it has historically moved less than the broad market.
The Vanguard High Dividend Yield ETF (VYM) aims to mirror the investment returns of the FTSE High Dividend Yield Index. This benchmark is composed of common stocks from companies renowned for their generous dividend payouts. VYM offers investors a straightforward way to gain exposure to equities expected to deliver higher-than-average dividend income. The fund adheres to a passively managed, full-replication strategy, meaning it seeks to hold all the securities found within its target index.
Vanguard High Dividend Yield ETF is most often compared with the following Financial Services names: