Meet the Vanguard ETF That Yields More Than Twice the S&P 500 Average and Has Minimal Fees

Exchange-traded funds (ETFs) have evolved over the years and now give investors many different options to choose from. They can be particularly valuable when your focus is on dividends. Since an ETF may give you a position in dozens or even hundreds of dividend stocks, the risk to one specific stock becomes fairly small. And you can still get a relatively high yield from an ETF that pays more than the S&P 500, which averages just 1.2%. Plus, many ETFs charge small and even minuscule fees, allowing you to keep the vast majority of any dividend income you collect from them.There are many ETFs that fit this criteria already. But below, I'm focusing on an even better ETF, one that pays you more than double the S&P 500 average, and which has an extremely low expense ratio. The ETF I'm talking about is the Vanguard High Dividend Yield Index Fund ETF (NYSEMKT: VYM), and here's why it can be an excellent option for any type of investor.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool