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 May 21, 2024, VYM stock price climbed to $121.01 with 522,819 million shares trading.

VYM has a beta of 0.73, meaning it tends to be less sensitive to market movements. VYM has a correlation of 0.60 to the broad based SPY ETF.

VYM has a market cap of $54.80 billion. This is considered a Large Cap stock.

In the last 3 years, VYM stock traded as high as $121.65 and as low as $94.59.

VYM has underperformed the market in the last year with a price return of +20.0% while the SPY ETF gained +28.5%. VYM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +6.8% and +2.7%, respectively, while the SPY returned +7.3% and +2.9%, respectively.

VYM support price is $120.17 and resistance is $121.55 (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.