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VYMI - VYMI: Potential High-Yield Contrarian Play But You Can Do Better
Vanguard International High Dividend Yield ETF
For several years, I have written favorably about VYM, Vanguard's Domestic High-Yield ETF. Recently, I also wrote that superior growth opportunities might now come from outside the U.S.
Combining those two concepts, it might appear that VYMI is a most intriguing vehicle to take advantage of such possibilities.
However, my examination leaves me thinking that you can do better, any one of a number of ways.
Unless, that is, you want to take a specific contrarian gamble that I will feature.