How the Vanguard High Dividend Yield ETF Stacks Up Against These 2 Popular ETFs

Group 1 - The Vanguard High Dividend Yield ETF (VYM) is a dividend-centric ETF that competes with SPDR Portfolio S&P 500 High Dividend Yield ETF (SPYD) and Schwab U.S. Dividend Equity ETF (SCHD) [1] - VYM has a yield of approximately 2.6%, which is higher than the S&P 500 index's 1.2%, but lower than SPYD's 4.5% and SCHD's 3.9% [2] - The Vanguard ETF employs a simple approach by selecting the highest-yielding 50% of dividend-paying stocks in the U.S. market, resulting in a diversified portfolio of over 550 stocks [4][5] Group 2 - The SPDR ETF focuses on the 80 highest-yielding stocks within the S&P 500 index, adding a layer of selectivity to its portfolio [6] - The Vanguard ETF's low expense ratio of 0.06% makes it an attractive option for investors seeking diversification [5] - The SPDR ETF has a slightly higher expense ratio of 0.07% but offers a more concentrated approach to high-yield stocks [8]