2024-07-01 21:19:40 ET
Summary
- In November last year, I published a conservative article on VYM arguing that there is no material reason to go long this ETF.
- Since then, VYM has delivered double-digit total returns, but still lagged behind the S&P 500.
- In this article, I assess the recent dynamics of VYM and revisit my previous thesis to see whether there is better basis now to invest in the ETF.
November last year, I wrote an article on Vanguard High Dividend Yield ETF ( VYM ) making a case to avoid investing in this ETF. The reason was simple - elevated risk of incurring an unpleasant opportunity cost by deploying capital into this specific vehicle....
Read the full article on Seeking Alpha
For further details see:
VYM: Still Hard To Justify An Entry Here