Vanguard High Dividend Yield ETF (VYM)
VYM, or the Vanguard High Dividend Yield ETF, is a passive exchange-traded fund (ETF) managed by Vanguard. It tracks the investment results of the FTSE High Dividend Yield Index, a market-capitalization-weighted index designed to measure the performance of high-dividend-yielding common stocks listed on American exchanges. It might be attractive to investors looking to diversify their portfolios and gain exposure to the U.S. stock market.
VYM was launched on November 10, 2006, with a low expense ratio of 0.06%. As a passive ETF, VYM does not try to outperform the market by actively picking and choosing individual stocks. Instead, it simply aims to replicate the performance of the FTSE High Dividend Yield Index by holding a diversified portfolio of stocks that closely match the index.
ETF Info
| ISIN | US9219464065 |
|---|---|
| CUSIP | 921946406 |
| Issuer | Vanguard |
| Inception Date | Nov 10, 2006 |
| Region | North America (U.S.) |
| Category | Dividend, Large Cap Value Equities |
| Index Tracked | FTSE High Dividend Yield Index |
| ETF Home Page | advisors.vanguard.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The Vanguard High Dividend Yield ETF has an expense ratio of 0.06% which is considered to be low.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in Vanguard High Dividend Yield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: VYM vs. SCHD, VYM vs. VOO, VYM vs. VTI, VYM vs. VTV, VYM vs. SPYD, VYM vs. VYMI, VYM vs. VIG, VYM vs. SPY, VYM vs. SPHD, VYM vs. VNQ
Return
Vanguard High Dividend Yield ETF had a return of 0.54% year-to-date (YTD) and 8.07% in the last 12 months. Over the past 10 years, Vanguard High Dividend Yield ETF had an annualized return of 9.55%, which was very close to the S&P 500 benchmark's annualized return of 9.93%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.52% | 0.06% |
| 6 months | 6.61% | 11.82% |
| Year-To-Date | 0.54% | 14.66% |
| 1 year | 8.07% | 14.17% |
| 5 years (annualized) | 7.10% | 8.51% |
| 10 years (annualized) | 9.55% | 9.93% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -3.51% | -0.59% | 1.27% | -5.13% | 5.53% | 4.02% | -2.39% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield ETF (VYM) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
VYM Vanguard High Dividend Yield ETF | 0.45 | ||||
^GSPC S&P 500 | 0.74 |
Dividend History
Vanguard High Dividend Yield ETF granted a 3.15% dividend yield in the last twelve months. The annual payout for that period amounted to $3.35 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.35 | $3.25 | $3.10 | $2.91 | $2.84 | $2.65 | $2.40 | $2.21 | $2.15 | $1.91 | $1.75 | $1.59 |
Dividend yield | 3.15% | 3.07% | 2.91% | 3.45% | 3.41% | 3.95% | 3.37% | 3.60% | 4.11% | 3.66% | 3.80% | 4.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Vanguard High Dividend Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | ||||
| 2022 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.97 |
| 2021 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.94 |
| 2020 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.84 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.81 |
| 2019 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $0.78 |
| 2018 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $0.74 |
| 2017 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.64 |
| 2016 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.67 |
| 2015 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.60 |
| 2014 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.56 |
| 2013 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.53 |
| 2012 | $0.33 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.49 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Vanguard High Dividend Yield ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Vanguard High Dividend Yield ETF is 56.98%, recorded on Mar 5, 2009. It took 762 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.98% | Oct 10, 2007 | 353 | Mar 5, 2009 | 762 | Mar 13, 2012 | 1115 |
| -35.21% | Jan 21, 2020 | 44 | Mar 23, 2020 | 197 | Dec 31, 2020 | 241 |
| -16.25% | Jan 29, 2018 | 229 | Dec 24, 2018 | 75 | Apr 12, 2019 | 304 |
| -15.86% | Apr 21, 2022 | 113 | Sep 30, 2022 | 42 | Nov 30, 2022 | 155 |
| -12.99% | May 22, 2015 | 66 | Aug 25, 2015 | 141 | Mar 17, 2016 | 207 |
Volatility Chart
The current Vanguard High Dividend Yield ETF volatility is 2.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Alternatives
| Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SCHD | Oct 20, 2011 | 0.06% | -1.5% | 11.2% | 4.5% | -33.4% | 0.4 | 0.8 | 1.1 | 0.5 | 5.2% |
| SPHD | Oct 18, 2012 | 0.30% | -4.2% | 8.2% | 4.5% | -41.4% | -0.1 | -0.0 | 1.0 | -0.2 | 7.4% |
| SPY | Jan 22, 1993 | 0.09% | 16.0% | 11.9% | 1.5% | -55.2% | 0.8 | 1.5 | 1.2 | 1.8 | 3.2% |
| SPYD | Oct 21, 2015 | 0.07% | -5.0% | 7.2% | 5.0% | -46.4% | -0.2 | -0.1 | 1.0 | -0.2 | 9.7% |
| VIG | Apr 21, 2006 | 0.06% | 6.7% | 10.7% | 1.5% | -46.8% | 0.8 | 1.4 | 1.2 | 1.6 | 2.9% |
| VNQ | Sep 23, 2004 | 0.12% | 0.0% | 5.9% | 4.7% | -73.1% | -0.3 | -0.3 | 1.0 | -0.4 | 9.4% |
| VOO | Sep 7, 2010 | 0.03% | 16.1% | 12.0% | 1.5% | -34.0% | 0.9 | 1.6 | 1.2 | 1.8 | 3.2% |
| VTI | May 24, 2001 | 0.03% | 15.2% | 11.4% | 1.9% | -55.5% | 0.8 | 1.3 | 1.1 | 1.8 | 3.3% |
| VTV | Jan 26, 2004 | 0.04% | 3.1% | 10.0% | 3.2% | -59.3% | 0.7 | 1.0 | 1.1 | 1.2 | 3.3% |
| VUG | Jan 26, 2004 | 0.04% | 31.3% | 13.7% | 0.8% | -50.7% | 0.9 | 1.5 | 1.2 | 2.0 | 4.1% |
| VYMI | Feb 25, 2016 | 0.22% | 10.7% | 7.0% | 4.5% | -40.0% | 1.1 | 1.8 | 1.2 | 2.1 | 3.3% |