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Vanguard Dividend Appreciation Index Fund ETF Shares
VIG (Vanguard Dividend Appreciation Index Fund ETF Shares) is an index US Dividend Equity ETF by Vanguard. With a 0.04% MER, it provides diversified exposure through 337 holdings. Quarterly distribution with a 1.61% yield.
VIG by Vanguard is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.04% MER makes it one of the most cost-effective options in its category.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.