Equity: U.S. - High Dividend Yield
ETF.com Insight
With 22 ETFs and over $175.00B in combined AUM, the Equity: U.S. - High Dividend Yield segment provides exposure to the U.S. space with a focus on High Dividend Yield securities.
Year-to-date, the best-performing ETF in the segment is the First Trust Value Line Dividend Index Fund (FVD), with a total return of -1.35%. Meanwhile, the most popular ETF is the Vanguard High Dividend Yield ETF (VYM) with $47.57BB in assets under management.
Investors should take a look at the Vanguard High Dividend Yield ETF (VYM). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VYM tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM has an expense ratio of 0.06% and tracks the FTSE High Dividend Yield Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. - High Dividend Yield segment is 87 out of 100, with the iShares Core High Dividend ETF(HDV) obtaining the highest rating of 100 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.40% per year, with the Vanguard High Dividend Yield ETF (VYM) having the lowest expense ratio, charging investors 0.06% yearly.
Investors should look for funds with tight tracking, such as the SPDR Portfolio S&P 500 High Dividend ETF (SPYD), with a 12-month median tracking difference of -0.06%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. - High Dividend Yield segment is 90 out of 100, with the Vanguard High Dividend Yield ETF(VYM) obtaining the highest rating of 100 out of 100.
The Schwab U.S. Dividend Equity ETF (SCHD) is the undisputed segment leader when it comes to liquidity. The fund trades 262.79M in daily average volume. Investors should also find ample liquidity in the Vanguard High Dividend Yield ETF (VYM), with $161.92M in daily dollar volume.
Use limit orders to trade funds such as the Sound Equity Income ETF(SDEI), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The MSCI USA IMI High Yield Dividend Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.