The Vanguard High Dividend Yield Index Fund (VYM) has a forward price-to-earnings ratio of 18.85, lower than the SPY's 20-21, resulting in a higher earnings yield despite its modest 2.2% dividend. Its portfolio is heavily weighted in financial stocks, which may benefit from rising Treasury yields improving bank margins. VYM also features a quality tilt with a return on equity above 18%, differentiating it from other high-yield dividend ETFs. However, it should not be considered a market downturn hedge as it remains correlated with broader market movements.
Instead of taking a reverse mortgage on a paid-off home, which involves debt and risks like fees and losing the house, investors can consider four income-focused ETFs: Vanguard High Dividend Yield ETF (VYM), Invesco S&P 500 High Dividend Low Volatili...
The Vanguard High Dividend Yield Index Fund (VYM) has delivered a strong 16% total return year-to-date in 2026, outperforming the S&P 500 Trust (SPY) while maintaining lower volatility. The fund's attractive valuation at 16.1 times price-to-earnings,...
Vanguard's VYM ETF, marketed as a high dividend income fund, currently yields about 2.2%, lower than many retirees expect. This is because VYM excludes real estate investment trusts (REITs) from its portfolio due to tax methodology, removing a signif...
