The Top Dividend ETF You Need to Invest in Now for Passive Income

Wednesday, 3 April 2024, 14:30
Invest in the Vanguard High Dividend Yield ETF (VYM) for a strong passive income stream. With 451 diverse high-yielding stocks, this ETF provides wide diversification in sectors like financials, industrials, and consumer staples. Offering a 3.0% annual payout and a low expense ratio of 0.06%, this fund is an excellent choice for income-seeking investors looking for stability and long-term returns.
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The Top Dividend ETF You Need to Invest in Now for Passive Income

Why Invest in Vanguard High Dividend Yield ETF?

You can achieve passive income and wide diversification with just one purchase. Investors have some great reasons to love dividend stocks.

Key Features:

  • The fund owns 451 high-yielding large-cap stocks
  • Pay out 3.0% annually
  • Low expense ratio of 0.06%

Costs and Strategy

The Vanguard High Dividend Yield ETF is a defensive option that delivers income and stability. While it may underperform during tech growth stock rallies, it tends to outperform during downturns, making it ideal for a balanced portfolio.

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