SPDR S&P 500 ETF Trust
VYM NYSE
Vanguard High Dividend Yield ETF · by Vanguard
Vanguard High Dividend Yield ETF tracks high-yield U.S. stocks, offering above-average income with broad diversification.
What is VYM?
Vanguard High Dividend Yield ETF (VYM) provides exposure to U.S. companies that are expected to pay above-average dividends. It tracks the FTSE High Dividend Yield Index and holds approximately 450 stocks with above-median yields.
Sector Allocation
- Financials: 20.5%
- Healthcare: 13.2%
- Consumer Staples: 12.8%
- Energy: 11.5%
- Industrials: 10.2%
- Technology: 9.8%
- Consumer Discretionary: 7.5%
- Utilities: 5.8%
- Communication Services: 4.2%
- Materials: 2.8%
- Real Estate: 1.7%
VYM vs SCHD vs DVY
VYM is the broadest with ~450 stocks vs SCHD's 100 and DVY's 100. VYM has the most sector diversification but lower yield. SCHD adds quality filters for better total return. DVY targets the highest yields but has higher expense ratio (0.38%).
Income Strategy
VYM yields approximately 2.8-3.2% and makes quarterly distributions. Combined with its low 0.06% expense ratio, it's an excellent building block for dividend income portfolios.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Broadcom | AVGO | Technology | 4.20% | $357.16 -2.74% |
| 2 | JPMorgan Chase | JPM | Financials | 3.80% | $362.06 1.64% |
| 3 | ExxonMobil | XOM | Energy | 3.50% | $162.21 -1.18% |
| 4 | Procter & Gamble | PG | Consumer Staples | 2.80% | $146.92 -0.49% |
| 5 | Home Depot | HD | Consumer Discretionary | 2.50% | $318.07 -0.14% |
| 6 | Johnson & Johnson | JNJ | Healthcare | 2.30% | $278.43 1.17% |
| 7 | AbbVie | ABBV | Healthcare | 2.20% | $260.21 -0.58% |
| 8 | Merck & Co. | MRK | Healthcare | 2.00% | $152.34 0.46% |
| 9 | Chevron | CVX | Energy | 1.80% | $211.32 -0.22% |
| 10 | Bank of America 3.5% 2028 | BAC | Corporate | 1.60% | $63.04 0.70% |
Frequently asked questions
VYM vs SCHD which is better?
VYM has more holdings (535 vs 103) for broader diversification. SCHD has higher yield and stricter quality screening with better recent performance.
Is VYM good for retirement income?
VYM is excellent for retirement. Its broad diversification across 500+ high-yield stocks provides stable income with lower single-stock risk.
How often does VYM pay dividends?
VYM pays quarterly dividends, typically in March, June, September, and December. The dividend has grown consistently over the past decade.
What sectors dominate VYM?
Financials, healthcare, consumer staples, and industrials are the top sectors, providing a balanced mix of dividend-paying industries.
Compare with similar ETFs
Invesco QQQ Trust
Vanguard S&P 500 ETF
iShares UK Dividend UCITS ETF
Vanguard Australian Shares High Yield ETF
Vanguard Total Stock Market ETF
VYM discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of VYM in 2026?
VYM price prediction 2026: what actually drives it?
Does VYM pay a dividend, and how reliable is the yield?
Is VYM a good long-term hold, or too concentrated?
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