Which High Dividend ETF Is Better, Vanguard's VYM or Fidelity's FDVV?
Compare portfolio concentration, sector exposure, and risk profiles to see how these two income-focused ETFs stack up for different investment goals.
Overview
The Vanguard High Dividend Yield ETF (NYSEMKT:VYM) offers a lower-cost, diversified approach to income, while the Fidelity High Dividend ETF (NYSEMKT:FDVV) provides a higher dividend yield through a more concentrated, tech-oriented portfolio.
Both ETFs cater to investors seeking regular cash flow from equities, yet they employ different index strategies. VYM focuses on broad exposure to high-yield U.S. stocks, whereas FDVV targets higher income potential by applying specific sector weightings based on historical yield performance.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.