The Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Accumulating (VHYA) is an Ireland-domiciled equity ETF managed by Vanguard and traded in U.S. dollars on the London Stock Exchange.

The fund seeks to track the performance of the FTSE All-World High Dividend Yield Index, a benchmark composed of companies across developed and emerging markets selected for their relatively high forecast dividend yields.

VHYA provides broad global equity exposure across the United States, Europe, Asia, and emerging markets. The fund follows a passive investment strategy and uses physical replication by investing in a representative sample of securities included in its benchmark. It operates under the UCITS framework and follows an accumulating income policy.

The FTSE All-World High Dividend Yield Index excludes REITs and companies that do not meet its dividend requirements. Eligible stocks are ranked according to their forecast dividend yields over the next 12 months, with the selection process targeting companies with relatively higher yields. 

Composition / Exposure Profile

VHYA holds companies across several sectors of the global economy, including:

• Financials.

• Industrials.

• Health care.

• Information technology.

• Consumer staples.

• Energy.

• Consumer discretionary.

• Communication services.

• Materials.

• Utilities.

Geographically, the fund provides exposure across developed and emerging markets, including companies from the United States, Japan, the United Kingdom, China, Canada, Switzerland, France, Germany, Australia, and other countries.

Because the strategy targets companies with relatively high forecast dividend yields, its composition can differ significantly from the broader global equity market. REITs are excluded from the benchmark, preventing their specific distribution structures from influencing the dividend-yield-based selection process.

Structure and Costs

VHYA trades in U.S. dollars on the London Stock Exchange. The same accumulating share class trades in British pounds on the LSE under the VHYG ticker and also has other international listings. The fund's base currency is the U.S. dollar.

The ETF uses physical replication through representative sampling, is domiciled in Ireland, operates under the UCITS framework, and is part of Vanguard Funds plc. The share class has an ongoing charges figure of 0.29% per year.

VHYA is an accumulating share class, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Accumulating (VHYA) was launched in 2019 as the accumulating share class of Vanguard's global high-dividend-yield strategy.

Since its launch, VHYA has maintained a passive strategy linked to the FTSE All-World High Dividend Yield Index, providing exposure to large- and mid-cap companies across developed and emerging markets.

Throughout its history, the fund's performance has reflected movements in global equity markets and, more specifically, the performance of companies selected under the benchmark's dividend-yield methodology.

Additional Information

Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Accumulating (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $977.74 million.

Over the past 12 months, Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Accumulating recorded a return of 17.79%, with its price trading between $86.67 and $109.94 during the same period.

The ETF is traded under the ticker VHYA.