VYMI: Could This International ETF Make You a Millionaire?

Core Insights - The Vanguard International High Dividend Yield ETF (VYMI) focuses on international companies with higher-than-average dividend yields and has outperformed major U.S. indices over the past year [2][9] - The fund has delivered average annual returns of 23.1% over the past three years and 11.7% since its inception in February 2016, indicating strong growth potential [2][10] Fund Overview - VYMI holds 1,535 stocks globally, primarily large companies and value stocks, with top holdings including pharmaceutical firms and global consumer brands like Nestlé and Toyota [5] - The geographical distribution of the fund's investments includes 43.6% in Europe, 26.4% in the Pacific, 21.1% in emerging markets, and 7.9% in North America, with Japan and the UK being the top two countries represented [6] Financial Metrics - The current price of VYMI is $94.68, with a day's change of 1.74% [7] - The fund has a low expense ratio of 0.07%, meaning a fee of $0.70 per year for every $1,000 invested [8] Investment Potential - If an investor contributes $500 monthly to VYMI, the investment could grow to approximately $218,000 after 15 years, $417,000 after 20 years, and over $1 million after 28 years, assuming an average annual growth rate of 11.7% [10]