Vanguard High Dividend Yield ETF Presents Compelling Case for Income Investors
The Vanguard High Dividend Yield ETF (VYM) stands out in the income investment space despite inherent flaws common to all financial instruments. Its 2.6% dividend yield more than doubles the S&P 500's meager 1.2%, offering a tangible advantage for yield-seeking portfolios.
Cost efficiency further bolsters VYM's appeal, with a razor-thin 0.06% expense ratio that undercuts most competitors. Only S&P 500 index trackers come cheaper, making this ETF a rare combination of income generation and cost containment.