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

Vanguard High Dividend Yield Index Fund ETF Shares (Ticker: VYM) is a Dividend Income ETF managed by Vanguard. It ranks #10 among 458 tracked ETFs across all categories and holds an ETFValuer grade of B+ (score 81.3/100). The fund has a low expense ratio of 0.04% and a dividend yield of 2.24%, making it an attractive option for income-focused investors. With a price of $164.97 and an AUM of $99.2B, the fund is well-positioned in the market, indicating strong investor adoption and a significant asset base.

Over the past year, VYM has delivered a strong performance with a return of 22.88%, outpacing its closest peers VYMI (+29.48% 1Y) and SCHD (+32.31% 1Y). The fund's returns have shown a consistent upward trend, with a 1-year return of 22.88%, a 3-year return of 67.72%, and a YTD return of 15.34%. The 1-month return of +2.29% and the 3-month return of +5.56% suggest a steady growth pattern, while the 1-week return of -0.93% and the 1-day return of +0.59% indicate some short-term volatility. This pattern suggests a mix of short-term fluctuations and long-term growth, with the fund showing resilience over the longer term.

Vanguard High Dividend Yield Index Fund ETF Shares (Ticker: VYM) has a volatility label of Low, indicating that it is less volatile than the market. Its beta of 0.68 suggests that the fund is less sensitive to market movements compared to the broader market. The Sharpe ratio of 1.75 indicates a strong risk-adjusted return, meaning that the fund provides a good return for the level of risk it takes. The maximum drawdown of -14.46% reflects the fund's worst performance during a downturn, which is relatively mild. This combination of low volatility, a beta below 1, a high Sharpe ratio, and a moderate drawdown suggests that the fund is well-suited for investors seeking a balance between income and capital preservation, with a lower risk profile compared to the market.

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

VYM Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 25.6% 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 7 of the same companies as VYM's top 10 (14.6% 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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

VYM isn't one of the twelve funds in the portfolio game, but SCHD — Dividend Payers — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

Free, no sign-up, virtual money only.

VYM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 1.3M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $99.2B 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