I am dummy when it comes to stocks and simply invest in VOO or SPY (as these track S&P 500). But today I came across VYM and it looks interesting and shows same risk level as VOO and categorized as ETF on vanguard website. Can someone explain? #investments
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VYM is not close and it’s riskier. It’s much more value-oriented and high dividends are quite the tax drag. Less companies, more sector risk, more value tilting risk. Stick with VOO/VTI/VXUS
Bought vym last year and it's up 20% in just a few months
https://www.askfinny.com/compare/VYM-vs-VOO Looks like VOO has better historical performance for smaller expense ratio, VYM has better dividend yield
Nice. Thanks for sharing that.