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Vanguard FTSE Canadian High Dividend Yield Index ETF
VDY (Vanguard FTSE Canadian High Dividend Yield Index ETF) is a factor Canadian Dividend Equity ETF by Vanguard. With a 0.20% MER, it provides diversified exposure. Monthly distribution with a 3.03% yield.
VDY by Vanguard is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.20% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 3.03% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.