Vanguard High Dividend Yield ETF provides a convenient way to track the performance of stocks that are forecasted to have above-average dividend yields. It is linked to the FTSE High Dividend Yield Index, which offers exposure to dividend paying large-cap companies that exhibit value characteristics within the U.S. equity market. This investment index measures the investment return of common stocks of companies that pay dividends that are generally higher than average, leaning toward high-quality dividend-payers that can keep the portfolio’s risk in check. VYM offers investors broad exposure to dividend paying companies, giving investors a much wider net than the other dividend focused firms in the space.
VYM TOP 10 HOLDINGS
JPMorgan Chase & Co. JPM 3.88
Johnson & Johnson JNJ 3.64
Procter & Gamble Co. PG 2.62
Bank Of America Corp. BAC 2.34
Comcast Corp - Ordinary Shares - Class A CMCSA 2.08
Exxon Mobil Corp. XOM 2.01
Verizon Communications Inc VZ 2.00
AT&T, Inc. T 1.73
Chevron Corp. CVX 1.68
As of 02/28/21
VYM SECTOR WEIGHTINGS
Basic Materials 4.09%
Communication Services 6.55%
Consumer Cyclical 2.96%
Consumer Defensive 13.58%
Energy 7.33%
Financial Services 22.71%
Healthcare 14.3%
Industrials 9.77%
Real Estate 0.03%
Technology 11.12%
Utilities 7.56%
As of 02/28/21