Vanguard Wellington Dividend Growth Active ETF (VDIG) Valuation
VDIG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.7 trailing earnings
- Forward P/E
- 20.1 analyst estimates
- Price / sales
- 3.77
- Price / book
- 5.96
- EV / EBITDA
- 18.2
- Earnings yield
- 3.88% inverse of P/E
- Dividend yield
- 1.37% of the holdings
- Return on equity
- 23.2% combined
- Net margin
- 14.6% combined
- Beta
- 0.87 weighted, vs S&P 500
VDIG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VDIG | 25.7 | 20.1 | 3.77 | 5.96 | 1.37% | 23.2% | 14.6% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
VDIG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 26.5% | 36.8 | 25.1 | 10.83 | 14.37 | 1.00% | 39.1% |
| Financial Services | 23.9% | 20.5 | 15.9 | 4.62 | 3.65 | 1.31% | 17.8% |
| Healthcare | 14.6% | 37.6 | 19.4 | 2.76 | 5.21 | 1.06% | 13.9% |
| Consumer Cyclical | 10.3% | 23.1 | 21.2 | 2.39 | 13.37 | 2.49% | 57.8% |
| Industrials | 6.4% | 14.5 | 21.3 | 2.33 | 4.20 | 1.28% | 28.9% |
| Consumer Defensive | 5.8% | 27.1 | 20.5 | 1.51 | 7.86 | 2.46% | 29.0% |
| Basic Materials | 4.1% | 32.2 | 23.6 | 6.48 | 5.48 | 1.28% | 17.0% |
| Communication Services | 2.6% | 17.1 | 22.8 | 9.34 | 6.90 | 0.26% | 40.4% |
| Energy | 1.5% | 23.0 | 14.8 | 2.04 | 2.56 | 2.30% | 11.1% |
| Utilities | 0.4% | 23.4 | 20.0 | 5.08 | 2.27 | 2.65% | 9.7% |
VDIG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How VDIG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VDIG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AVGO | Broadcom Inc. | 6.09% | 43.3 | 19.4 | 17.6 | 0.79% | 3.77% |
| LLY | Eli Lilly and Company | 5.51% | 42.2 | 24.4 | 14.1 | 0.55% | 3.50% |
| MSFT | Microsoft Corporation | 5.03% | 29.5 | 25.1 | 11.8 | 0.74% | 4.57% |
| MA | Mastercard Incorporated | 4.21% | 34.0 | 24.2 | 15.4 | 0.56% | 3.32% |
| TXN | Texas Instruments Incorporated | 4.13% | 42.1 | 27.5 | 13.0 | 2.20% | 2.63% |
| LIN | Linde plc | 4.11% | 32.2 | 23.6 | 6.5 | 1.28% | 3.42% |
| KLAC | KLA Corporation | 4.05% | 45.3 | 34.8 | 15.9 | 0.56% | 2.39% |
| V | Visa Inc. | 3.48% | 34.3 | 24.0 | 17.0 | 0.67% | 2.72% |
| HD | The Home Depot, Inc. | 3.21% | 21.5 | 19.8 | 1.8 | 3.01% | 3.99% |
| WFC | Wells Fargo & Company | 3.21% | 11.8 | 10.2 | 3.0 | 2.38% | 7.27% |
| AAPL | Apple Inc. | 3.09% | 39.4 | 35.2 | 10.7 | 0.31% | 2.10% |
| CB | Chubb Limited | 2.96% | 12.7 | 11.6 | 2.2 | 1.13% | 6.22% |
| KO | The Coca-Cola Company | 2.83% | 28.2 | 25.3 | 8.1 | 2.26% | 2.69% |
| DHR | Danaher Corporation | 2.81% | 40.8 | 23.8 | 6.4 | 0.70% | 1.84% |
| TJX | The TJX Companies, Inc. | 2.79% | 27.3 | 24.9 | 2.6 | 1.30% | 2.74% |
| SYK | Stryker Corporation | 2.64% | 30.5 | 16.5 | 4.4 | 1.19% | 2.31% |
| SPGI | S&P Global Inc. | 2.59% | 26.1 | 19.9 | 7.9 | 0.90% | 2.65% |
| GOOGL | Alphabet Inc. | 2.59% | 17.1 | 22.8 | 9.3 | 0.26% | 4.06% |
| BLK | BlackRock, Inc. | 2.58% | 25.8 | 16.4 | 6.5 | 2.02% | 2.68% |
| APH | Amphenol Corporation | 2.51% | 39.7 | 24.6 | 6.7 | 0.63% | 1.70% |
| AXP | American Express Company | 2.47% | 19.0 | 15.1 | 3.0 | 1.21% | 3.47% |
| NOC | Northrop Grumman Corporation | 2.44% | 16.5 | 17.0 | 1.7 | 1.90% | 3.95% |
| MRSH | Marsh & McLennan Companies, Inc. | 2.39% | 22.5 | 15.0 | 3.2 | 2.10% | 2.85% |
| PG | The Procter & Gamble Company | 2.20% | 24.1 | 21.2 | 4.3 | 2.73% | 2.45% |
| AME | AMETEK, Inc. | 2.13% | 36.3 | 28.2 | 7.2 | 0.55% | 1.57% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About VDIG valuation
Adding up its 36 holdings with company data, VDIG trades at 25.7 times trailing earnings and 20.1 times analysts' forward estimates, with a price-to-book ratio of 5.96 and a dividend yield of 1.37%. Its earnings yield of 3.88% is 1.44 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.0% of the fund and earn 37.6% of its combined profit. By sector, Healthcare is the most expensive at 37.6 times earnings and Industrials the cheapest at 14.5. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: VDIG chart, VDIG holdings, VDIG dividends.
VDIG valuation FAQ
What is the P/E ratio of VDIG?
Based on its holdings, VDIG has a trailing P/E of 25.7 and a forward P/E of 20.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VDIG?
The trailing earnings yield is 3.88% (1 ÷ P/E) and the forward earnings yield 4.98%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VDIG more expensive than the S&P 500?
VDIG trades at 25.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.1 and 19.9.
What is the price-to-book ratio of VDIG?
The holdings of VDIG trade at 5.96 times book value, with a combined return on equity of 23.2%.
Which sector in VDIG has the highest P/E?
Healthcare has the highest P/E at 37.6 and Industrials the lowest at 14.5.