Why Vanguard's VYM Is My Go-To Dividend ETF This Year
Briefly

The Vanguard High Dividend Yield Index Fund ETF (VYM) targets dividend growth investors desiring cash flow while actively working. It offers a competitive 2.57% SEC yield and a low 0.06% expense ratio, maximizing returns. VYM has shown resilience in downturns, losing only 3% in 2022 while the Nasdaq fell 33%, making it a reliable choice. It has produced annualized returns of 10.4% over five years and 12.4% over the past decade, solidifying VYM as a strong contender for long-term investors.
The Vanguard High Dividend Yield Index Fund ETF (VYM) is designed for dividend growth investors who seek cash flow while still in their working years.
In 2022, VYM only lost about 3% of its value, while the Nasdaq Composite fell by 33%, demonstrating its reliability during market downturns.
VYM boasts a notable SEC yield of 2.57% and an exceptionally low expense ratio of 0.06%, allowing investors to retain most of their generated returns.
Over the past five years, VYM has achieved an annualized return of 10.4%, and over the past decade, it has delivered an impressive 12.4% annualized return.
Read at 24/7 Wall St.
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