Vanguard International High Dividend Yield ETF (VYMI)

It has been just under a year since the Vanguard International High Dividend Yield ETF (VYMI) first featured here. Remember this is basically a sister to domestic-focused VYM – the Vanguard High Dividend Yield ETF – which I’m sure many readers will know quite well. Despite its name suggesting otherwise, the selection process here is slightly more refined than just collecting the highest yielding stocks…

Around three months ago I briefly profiled Vanguard’s High Dividend Yield ETF, or VYM for short. As a reminder, this is basically a domestic large-cap value fund that aims to track the FTSE High Dividend Yield Index. It takes the broader index, eliminates REITs and non-dividend paying stocks, then ranks what’s left in order of dividend yield. It then goes down this list until half the total market-cap…