Higher Yield or Long-Term Dividend Growth? VYM vs. VIG

The article compares two Vanguard dividend ETFs: VYM (Vanguard High Dividend Yield ETF) offers higher current yields (2.21%) by targeting stocks with above-average forecasted dividends, while VIG (Vanguard Dividend Appreciation ETF) focuses on companies with 10+ years of consecutive dividend increases and offers lower current yield (1.47%) but potentially better long-term growth. Both charge identical 0.04% expense ratios, with VYM showing lower volatility (beta 0.70) and VIG delivering stronger 5-year total returns (~$1,656 vs ~$1,722 per $1,000 invested).