Vanguard High Dividend Yield ETF (VYM) Performance

NYSE Arca: VYMTotal returns, calendar years, drawdowns and risk since 2006.

VYM total return

Distributions reinvested · as of Oct 23, 2026
YTD
+14.5%
since Dec 31, 2025
1 year
+17.4%
total return
5 years
+11.4%
a year
10 years
+11.9%
a year
Since first price
+9.3%
a year since 2006

VYM trailing returns vs SPY, QQQ, AGG

VYM trailing returns
PeriodVYM total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+2.4%+2.4%−1.0%−5.0%+0.9%
3 months+0.7%+0.1%+3.2%+1.9%−0.4%
6 months+4.9%+3.6%+7.8%+8.4%−1.5%
YTD+14.5%+12.5%+12.3%+15.1%−1.0%
1 year+17.4%+14.6%+14.4%+15.9%−1.1%
3 years+74.7%+20.4%/yr+60.9%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+71.6%+11.4%/yr+48.6%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+208.2%+11.9%/yr+127.7%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years+484.1%+12.5%/yr+269.8%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
Since inceptionNov 16, 2006+486.8%+9.3%/yr+220.1%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: VYM vs SPY

VYMS&P 500 (SPY)

From Nov 16, 2006: VYM grew to $58,682, SPY to $78,034.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

VYM returns by calendar year

VYMSPY

16 of 19 full years positive. Best 2013 (+30.1%), worst 2008 (−31.9%). 2026 is year to date.

VYM annual returns table

VYM calendar-year returns
YearVYMLargest dropSPYQQQAGG
2026YTD+14.5%−6.7%+12.3%+15.1%−1.0%
2025+15.4%−14.5%+17.7%+20.8%+7.2%
2024+17.6%−6.0%+24.9%+25.6%+1.3%
2023+6.6%−9.9%+26.2%+54.9%+5.7%
2022−0.4%−15.9%−18.2%−32.6%−13.0%
2021+26.2%−4.9%+28.7%+27.4%−1.8%
2020+1.1%−35.2%+18.3%+48.6%+7.5%
2019+24.1%−6.3%+31.2%+39.0%+8.5%
2018−5.9%−16.2%−4.6%−0.1%+0.1%
2017+16.4%−3.1%+21.7%+32.7%+3.6%
2016+17.0%−7.2%+12.0%+7.1%+2.4%
2015+0.3%−13.0%+1.2%+9.4%+0.5%
2014+13.5%−6.7%+13.5%+19.2%+6.0%
2013+30.1%−5.0%+32.3%+36.6%−2.0%
2012+12.7%−7.2%+16.0%+18.1%+3.8%
2011+10.6%−15.1%+1.9%+3.4%+7.7%
2010+14.2%−13.9%+15.1%+19.9%+6.4%
2009+17.2%−33.3%+26.4%+54.7%+3.0%
2008−31.9%−42.2%−36.8%−41.7%+7.9%
2007+1.4%−10.5%+5.1%+19.0%+6.6%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

VYM largest drawdowns

Now 2.8% below the high
VYM largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Oct 9, 2007−57.0%Mar 5, 2009Mar 13, 20121.4 years4.4 years
Jan 17, 2020−35.2%Mar 23, 2020Dec 31, 20202 months11 months
Jan 26, 2018−16.2%Dec 24, 2018Apr 12, 201911 months1.2 years
Apr 20, 2022−15.9%Sep 30, 2022Nov 30, 20225 months7 months
Feb 19, 2025−14.5%Apr 8, 2025Jun 30, 202548 days4 months
May 21, 2015−13.0%Aug 25, 2015Mar 17, 20163 months10 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

VYM risk statistics

VYM risk statistics
Statistic3 years5 years10 yearsSince 2006
Annualized return+17.7%+11.6%+11.3%+9.1%
Volatility (annualized)11.2%13.9%14.2%14.5%
Sharpe ratio1.140.610.660.58
Sortino ratio1.950.981.020.85
Best month+6.3%+12.2%+12.3%+12.3%
Worst month−4.8%−7.9%−13.6%−14.8%
Best 12 months+31.2%+31.2%+47.9%+54.8%
Worst 12 months+9.8%−6.0%−14.8%−44.4%
Positive months67%58%62%61%
Beta vs S&P 5000.680.730.82—
Correlation with S&P 5000.760.820.88—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

VYM rolling returns

VYM rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year228−44.4%+12.1%+54.8%82%
3-year (a year)204−10.3%+10.9%+27.4%93%
5-year (a year)180−0.5%+11.3%+23.5%99%
10-year (a year)120+6.7%+11.1%+16.6%100%

Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.

VYM performance overview

Vanguard High Dividend Yield ETF (VYM) returned +17.4% over the past year and +11.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +9.3% a year, turning $10,000 into about $58,682. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −57.0%, from Oct 9, 2007 to Mar 5, 2009, and it took 3.0 years to get back to the old high. VYM finished 16 of its 19 full calendar years with a gain; the best year was 2013 (+30.1%) and the worst 2008 (−31.9%). Volatility has been 14.5% a year.

Related: VYM chart, VYM holdings, VYM dividends, VYM valuation. See the VYM overview for the latest quote and fund facts.

VYM performance FAQ

What is the VYM return over the past year?

VYM returned +17.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.6%.

What is the average annual return of VYM?

VYM has returned +11.4% a year over 5 years, +11.9% a year over 10 years, +9.3% a year since November 16, 2006 (total return, distributions reinvested).

How much would $10,000 invested in VYM be worth?

$10,000 invested in VYM at its first recorded close on November 16, 2006 would be worth about $58,682 on October 23, 2026 with distributions reinvested.

What was the worst year for VYM?

The worst calendar year was 2008, with a total return of −31.9%. The best was 2013 at +30.1%.

What is the biggest drawdown of VYM?

The largest peak-to-trough decline was −57.0% between October 9, 2007 and March 5, 2009. It recovered to the old high on March 13, 2012, 3.0 years after the bottom.

How volatile is VYM?

Over the past 3 years VYM had an annualized volatility of 11.2% and a Sharpe ratio of 1.14 (excess return over 1–3 month T-bills per unit of risk).