VANGUARD HIGH DIVIDEND YIELD INDEX FUND
U.S. stock index ETF · tracks FTSE High Dividend Yield Index
As of its 2026 Q2 report, VANGUARD HIGH DIVIDEND YIELD INDEX FUND held 620 positions with $94.63B in net assets. Its ten largest holdings made up 25.6% of the fund. The VYM share class costs 0.04% a year. Over the 12 months to May 2026, VYM returned 26.5%, with dividends reinvested. In 2026 Q3 it added 7 new positions and exited 12.
Vanguard High Dividend Yield Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield.
The fund tracks the FTSE High Dividend Yield Index through full replication, holding all or substantially all of the index constituents in their target weightings to capture returns from high-dividend-paying stocks while excluding real estate investment trusts.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AVGOBroadcom Inc | 8.03% | $7.60B | 18.2M | $417.43 |
3.34% | $3.16B | 10.1M | $313.23 | |
2.71% | $2.57B | 16.6M | $154.33 | |
2.30% | $2.18B | 9.5M | $229.85 | |
1.72% | $1.62B | 1.8M | $890.11 | |
ABBVAbbVie Inc | 1.56% | $1.48B | 7.0M | $211.32 |
1.52% | $1.44B | 15.7M | $91.50 | |
CVXChevron Corp | 1.51% | $1.43B | 7.4M | $193.31 |
1.44% | $1.36B | 25.5M | $53.46 | |
1.44% | $1.36B | 9.3M | $147.09 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 620 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.52% |
| Cash & short-term | 0.34% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 21.8%
- Information Technology
- 16.0%
- Health Care
- 13.2%
- Industrials
- 12.7%
- 10 other sectors
- 36.3%
- Financials
- 21.8%
- Information Technology
- 16.0%
- Health Care
- 13.2%
- Industrials
- 12.7%
- Energy
- 9.4%
- Consumer Staples
- 8.1%
- Consumer Discretionary
- 6.3%
- Utilities
- 5.4%
- Materials
- 3.5%
- Communication Services
- 3.1%
- Other
- 0.3%
- Cash
- 0.2%
- Real Estate
- 0.0%
- International
- 0.0%
How it has done
VYM share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.57%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.04% | +26.46% | +71.15% | +72.62% | -8.25% | |
| 0.08% | +26.41% | +71.01% | +72.48% | -8.26% |
These classes hold the same portfolio, so the 0.14pp spread over 5 years is the cost difference between them — roughly 0.03pp a year — not a difference in what they own.
Fees & fund details
VANGUARD HIGH DIVIDEND YIELD INDEX FUND is a U.S. equity index ETF that tracks the FTSE High Dividend Yield Index. 11% of VYM’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.04% – 0.08%· VYM 0.04%
- Portfolio turnover
- 11.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
7 new· the largest 4
12 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
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