- VYM is an ETF that selects above-average dividend-yielding stocks from nearly the entire U.S. investable market.
- The ETF is well-diversified at the industry level on key measures including dividend yields, beta, earnings, and dividend growth rates, and forward P/E ratios.
- It's incorrect to suggest high-yielding dividend ETFs like VYM are destined to underperform the market, and 2021 is already shaping up to reverse the trend of the last few years.
- I'm bullish on VYM in the context of pairing it with a core dividend ETF like SCHD or DGRO.
For further details see:
How Vanguard's High Yield Dividend Index ETF Fits In Your Dividend Portfolio