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Description
VYM seeks to track the FTSE High Dividend Yield Index, investing in a diversified basket of U.S.‑listed large‑cap equities that rank in the upper half of forecast dividend yields, while excluding real‑estate investment trusts. The fund’s holdings are weighted by market capitalisation, giving it broad exposure across sectors such as financials, technology, health care, consumer staples and energy, with virtually all assets located in the United States. Its dividend‑focused, market‑cap weighting approach aims to provide investors with relatively stable income from established companies. The ETF is well‑suited for income‑oriented investors, retirees, or any portfolio looking for a core equity component that emphasizes high, qualified dividend payouts.
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