Reported 3 days ago
The Vanguard High Dividend Yield ETF (VYM) offers a solid 2.7% dividend yield, which is more than double the S&P 500 average. This index-based ETF focuses on high-yielding stocks, comprising around 500 dividend-paying companies, and features a low expense ratio of 0.06%. Despite its seemingly modest yield, it provides a well-diversified portfolio and a favorable price-to-earnings ratio compared to the S&P 500, making it an attractive foundational investment for both novice and experienced investors.
Source: YAHOO