Summary
Vanguard High Dividend Yield Index Fund Admiral Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 601. The ten largest make up 26% of the fund.
- Yearly costs
- 0.08%
- Fund size
- $95.8B
- Positions
- 601
- Dividend yield
- 2.12%
- Running since
- 2019
What speaks for it
- Costs of 0.08% a year are below the middle of comparable funds (0.40%).
- Widely spread: the ten largest positions make up only 26% of the fund.
- A large fund with $95.8B under management.
- Average yearly growth over the last five years: 8.4%.
What to watch
- 95% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +4.7%
- 3 months
- +1.2%
- This year
- +14%
- 1 year
- +17%
- 3 years
- +59%
- 5 years
- +50%
- Avg. market cap
- $509.8B
- P/E
- 21.3x
- Forward P/E
- 16.0x
- P/S
- 3.1x
- P/B
- 3.8x
- P/FCF
- 16.8x
- EV/EBITDA
- 15.5x
- Dividend yield
- 2.12%
- ROIC
- 52.3%
- ROE
- 27.6%
- Gross margin
- 54.5%
- Operating margin
- 26.2%
- Net margin
- 20.1%
- Payout ratio
- 45.1%
- Net debt/EBITDA
- 1.4x
- Beta
- 0.75
Weighted average of the 50 largest companies, which make up 59% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 AVBroadcom AVGO 6.9%
- 2 JPJPMorgan JPM 3.8%
- 3 XOExxon Mobil XOM 2.8%
- 4 JNJohnson & Johnson JNJ 2.7%
- 5 ABAbbVie ABBV 2.0%
- 6 CSCisco CSCO 1.8%
- 7 CVChevron CVX 1.6%
- 8 CACaterpillar CAT 1.6%
- 9 MRMerck & Co. MRK 1.5%
- 10 BABank of America BAC 1.5%
Positions in the fund: 601. The ten largest make up 26% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One countryBy sector
- Financials 21%
- Technology 18%
- Healthcare 14%
- Industrials 12%
- Energy 10%
- Other 26%
By country
- United States 95%
- Ireland 2.7%
- United Kingdom 1.0%
- Switzerland 0.8%
- Other countries 1.0%
By company size
- Mega cap 45%
- Large cap 50%
- Mid cap 4.7%
- Small cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (21%). Largest country: United States (95%). Largest size group: Large cap (50%).
What does it cost me?
Cheap- A year from $10,000
- $8.00
- Over 20 years
- $401
From every $10,000 invested the fund takes $8.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $401.
How has it done?
Growing over the long run- A year on average, 5 years
- +8.4%
- Deepest drop
- -18%
- Yearly volatility
- 10%
Average yearly growth over the last five years: 8.4%. Deepest drop in these years: 18% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.12%
- Payments a year
- 4
- Last payment
- $0.26
Over the last 12 months it paid $1.05 per share, which is 2.12% of today's price. The last payment was $0.26 on Sep 18, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.3
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 20%
- Fairly valued 17%
- Overvalued 63%
On average the companies inside trade for 21.3 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 59% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
VY VYM Vanguard High Dividend Yield Index Fund | United States | 0.04% | $95.2B | +16% | Pays out | 100% |
VT VTV Vanguard Value Index Fund | United States | 0.03% | $250.7B | +23% | Pays out | 69% |
SC SCHV Schwab U.S. Large-Cap Value ETF | United States | 0.04% | $15.7B | +20% | Pays out | 66% |
PF PFM Invesco Dividend Achievers ETF | United States | 0.52% | $815.7M | +15% | Pays out | 63% |
DG DGRO iShares Core Dividend Growth ETF | United States | 0.08% | $45.3B | +19% | Pays out | 62% |
DT DTD WisdomTree U.S. Total Dividend Fund | United States | 0.28% | $1.68B | +16% | Pays out | 62% |
