Vanguard High Dividend Yield ETF Boasts $73B AUM, 2.32% Yield and 5% YTD Gain
The Vanguard High Dividend Yield Index Fund ETF Shares launched on November 10, 2006, has $73.43 billion in assets and charges a 0.04% expense ratio while yielding 2.32% over the last 12 months. Year-to-date total return is 5.01% and the fund trades in a 52-week range of $114.78 to $156.50.
1. Fund Overview
Launched on November 10, 2006, the fund tracks the FTSE High Dividend Yield Index, targeting large-cap US stocks with above-average dividends. It employs a smart-beta approach within the large-cap value style box and holds about 571 equities to optimize risk-return characteristics.
2. Cost and Yield
With an annual expense ratio of just 0.04%, this ETF ranks among the lowest-cost high-dividend funds. Its 12-month trailing dividend yield stands at 2.32%, offering income-focused investors a competitively high payout in the large-cap value segment.
3. Performance and Risk
Year-to-date, the fund has gained 5.01% and has returned 19.09% over the last 12 months. A three-year beta of 0.75 and standard deviation of 12.57% indicate moderate volatility relative to the broader market.
4. Sector Exposure and Top Holdings
The portfolio allocates 19.4% to financials, followed by information technology and healthcare. Top individual positions include Broadcom at 7.57% of assets, JPMorgan Chase and Exxon Mobil, reflecting a blend of dividend generators across sectors.