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 (VYM) operates within the Dividend Income category, which ETFValuer tracks with a total of 20 funds. Issued by Vanguard, this fund has accumulated assets under management of $96.2 billion, reflecting significant investor adoption relative to its $163.84 share price. It holds an overall rank of #4 among 458 tracked ETFs across all categories and has received an ETFValuer grade of B+ with a score of 84.8 out of 100. The fund offers a low-cost structure with an expense ratio of just 0.04% while providing a dividend yield of 2.30%. This combination of substantial assets, high ranking, and low fees positions the ETF as a prominent option for income-focused investors. The high asset base suggests strong market confidence in the fund's ability to deliver consistent dividend income.

VYM has demonstrated positive returns across all measured time horizons, starting with a 1-day gain of +0.68% and a 1-week increase of +2.08%. Monthly performance shows acceleration with a 1-month return of +3.55%, followed by a 3-month return of +6.63%. The upward trend continues through the half-year mark at +11.73% and extends to a year-to-date return of +14.55%. Over the longer term, the fund has generated a 1-year return of +22.93% and a 3-year return of +62.93%. This data indicates a consistent pattern of growth that has accelerated over the 3-year period compared to shorter intervals. The fund's performance trajectory shows sustained momentum without any negative returns in the provided data set.

The fund carries a volatility label of Low and a beta of 0.69, indicating that its price movements are generally less volatile than the broader market. A Sharpe ratio of 1.76 suggests the fund has delivered strong risk-adjusted returns relative to the volatility experienced. During market downturns, the fund experienced a maximum drawdown of -14.46%, which reflects the extent of its decline from peak value. The combination of a low beta and a high Sharpe ratio implies that the fund has managed to generate returns efficiently while limiting exposure to market swings. Investors observing these metrics would see a profile characterized by lower sensitivity to market movements and effective compensation for the risk taken.

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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

VYM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 1.2M/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 $96.2B 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