VYM Stock Summary and Trading Ideas (Vanguard High Dividend Yield ETF | ARCA:VYM)

Seeks to track the performance of the FTSE High Dividend Yield Index which measures the investment return of common stocks of companies characterized by high dividend yields. Provides a convenient way to track the performance of stocks with histories of above-average dividend yields. Follows a passively managed full-replication approach.

Vanguard High Dividend Yield ETF trades on the ARCA stock market under the symbol VYM.

As of April 24, 2024, VYM stock price climbed to $117.94 with 687,734 million shares trading.

VYM has a beta of 0.75, meaning it tends to be less sensitive to market movements. VYM has a correlation of 0.59 to the broad based SPY ETF.

VYM has a market cap of $53.36 billion. This is considered a Large Cap stock.

In the last 3 years, VYM stock traded as high as $121.29 and as low as $94.59.

VYM stock has underperformed the market in the last year with a return of +13.4%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VYM shares. However, VYM has outperformed the market in the last 3 month and 2 week periods, returning +5.8% and -1.4%, while SPY returned +4.6% and -2.7%, respectively. This indicates VYM has been having a stronger performance recently.

VYM support price is $116.75 and resistance is $118.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VYM stock will trade within this expected range on the day.