#6 - Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)
Lower interest rates make some fixed-income investments less attractive. It’s also when savvy investors may pivot towards high-yield dividend stocks. Many investors prefer to keep their trading portfolio into growth stocks but may use an ETF for retirement savings.
The Vanguard International High Dividend Yield (NASDAQ: VYMI) is an attractive choice. Not only do you get a dividend yield of 4.40%, but you also get international exposure which can be important to a diversified portfolio.
The fund is up 8% in 2024, with much of that growth occurring in the last six months. That correlates with the sector rotation away from technology stocks and has pushed the VYMI near its 52-week high.
But while you don’t want to overpay for any asset, the reason to own a high dividend yield ETF is for passive income. One thing that may be off-putting to some investors is that the fund is heavily weighted in banks and financial stocks.
About Vanguard International High Dividend Yield ETF
The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.
- Current Price
- $73.27
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
