VYM — Vanguard High Dividend Yield Index Fund ETF Shares

VYM Price Performance — Growth of $10,000

Value of a $10,000 investment in VYM over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

VYM Drawdown

The "underwater" chart: VYM's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Vanguard High Dividend Yield Index Fund ETF Shares is a Dividend Income fund issued by Vanguard with $95.8 billion in assets. It holds a B+ grade and ranks 5 of 20 within its category, placing it 26th among all 458 tracked ETFs. The fund’s 0.04% expense ratio is significantly lower than the category median of 0.29%. Its 2.33% dividend yield trails the category median of 2.90%. The top ten holdings represent 26.1% of assets, with Broadcom Inc as the largest position at 7.4%.

The fund’s price sits at 66.3% of its 52-week range, reflecting a 1-year return of +14.19% against a category median of +12.82%. Short-term performance shows a -0.58% daily change and a -3.18% monthly decline, contrasting with a +10.70% year-to-date gain. The rating has remained at B+ for the last 35 tracked days. Historical data is available for only 3.0 years, limiting the long-term context. The 3-year return stands at +67.10%.

With a beta of 0.68, the fund exhibits lower sensitivity to market movements than the broader index. Annualized volatility is 10.33%, which is labeled as Low, while the maximum drawdown has been -14.46%. A Sharpe ratio of 0.89 indicates the risk-adjusted returns generated relative to the volatility experienced. Liquidity is supported by an average daily volume of 1,155,534 shares. These metrics collectively describe a fund that has historically experienced moderate price swings and drawdowns.

AI-generated summary based on the data on this page.

VYM Top Holdings

Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 26.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how VYM's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With VYM

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with VYM's top 10 — VTV overlaps most, holding 6 of the same companies as VYM's top 10 (13.0% of VYM's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 5.27% (as of 2026-10-06) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.01 (as of 2026-10-06) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VYM Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.2M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $95.8B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: VYM is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

VYM Performance History

How VYM Compares to Other Dividend Income ETFs