Investing in Vanguard Dividend Funds for Long-Term Wealth Growth
Sunday, 21 April 2024, 09:30
Vanguard High Dividend Yield Index Fund ETF
The Vanguard High Dividend Yield Index Fund ETF, commonly known as VYM, is a popular investment vehicle for those seeking exposure to high-dividend-yielding U.S. stocks.
Here's what makes VYM attractive:
- Impressive Yield: 2.82%, surpassing large-cap stock averages
- Strong Returns: 8.53% average annual return since inception
- Low Expense Ratio: 0.06%
- Diversified Portfolio: 557 stocks across various sectors
Vanguard International High Dividend Yield Index Fund ETF
The Vanguard International High Dividend Yield Index Fund ETF (VYMI) offers diversification with international high-dividend-yielding stocks.
Key features of VYMI:
- High Yield: Approximately 4.87%, exceeding global stock averages
- Steady Returns: 8.31% average annual return since launch
- Cost-Effective: Expense ratio of 0.22%
- Diversification: 1526 stocks for downside protection
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.