(VYMI) Vanguard International High - Ratings and Ratios

The Vanguard International High Dividend Yield Index Fund ETF (NASDAQ: VYMI) is designed for investors seeking exposure to companies outside the U.S. with the potential for higher-than-average dividend yields. The fund employs a sampling strategy, meaning it doesn’t hold every security in its target index but selects a representative basket that mirrors the index’s key characteristics, such as dividend yield, market capitalization, and sector weights. This approach balances cost efficiency with tracking accuracy.

The underlying index focuses on companies in both developed and emerging markets, excluding the United States, that are expected to offer above-average dividend payments. This makes the fund a potential solution for income-oriented investors looking to diversify their equity exposure beyond U.S. borders. The fund’s portfolio is broadly diversified, spanning multiple sectors and geographies, which helps mitigate concentration risk while still targeting higher-yielding equities.

As an ETF, VYMI offers the transparency and tradability of an individual stock, with the diversification benefits of a mutual fund. Its expense ratio is typically lower than actively managed funds, aligning with Vanguard’s reputation for cost-effective investment products. The fund is domiciled in the United States, and its holdings are denominated in local currencies, with currency fluctuations potentially impacting returns for U.S.-based investors.

With approximately $8.03 billion in assets under management (AUM) as of the latest data, VYMI is a substantial player in the foreign large-value ETF category. Its portfolio is skewed toward large-cap companies, which often provide the stability and dividend-paying capacity that align with the fund’s investment objectives. While the fund does not provide explicit P/E, P/B, or P/S ratios, its focus on dividend yields suggests a value-oriented approach, targeting companies that may be undervalued relative to their earnings or book value.