
The Vanguard International High Dividend Yield ETF (VYMI) currently offers higher dividend yields and better year-to-date, 1-year, and 5-year returns compared to the US-focused Vanguard High Dividend Yield ETF (VYM). While VYM leads over a 10-year span, VYMI's recent performance suggests international stocks may provide valuable diversification and growth opportunities. US investors face challenges like currency risk and foreign tax paperwork but could benefit from allocating up to 40% of their portfolio to VYMI for enhanced income and diversification.