VYM Is a Popular Dividend ETF for Passive Income. But Is It the Best?

  • The Vanguard High Dividend Yield ETF (VYM 0.58%) is a great example of why investors need to examine more than just the name of an exchange-traded fund (ETF) before hitting the buy button. Dividend yield is an important part of the story here, but the real benefit of this ETF actually lies elsewhere.