The Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Distributing (VHYD) 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 large- and mid-cap companies across developed and emerging markets with relatively high dividend yields.

VHYD provides global exposure to companies selected from the FTSE All-World Index universe. The ETF follows a passive investment strategy and uses physical investment through a representative sample of index constituents to track its benchmark. It operates under the UCITS framework and follows a distributing income policy.

The FTSE All-World High Dividend Yield Index applies a forecast dividend yield ranking process to select large- and mid-cap companies with relatively high yields. 

Composition / Exposure Profile

VHYD holds companies across a broad range of global economic sectors, including:

• Financials.

• Industrials.

• Health care.

• Energy.

• Consumer staples.

• Information technology.

• Communication services.

• Utilities.

• Materials.

• Consumer discretionary.

• Real estate.

Geographically, the fund provides exposure across developed and emerging markets, including the United States, European countries, Japan, Canada, Australia, and several Asian markets. This broad reach reflects the FTSE All-World universe, which includes large- and mid-cap stocks across more than 45 developed and emerging markets.

The dividend yield selection process means VHYD's composition can differ significantly from that of broad global equity indexes. Companies that do not pay dividends or have relatively low forecast dividend yields are generally excluded from the portfolio.

Structure and Costs

VHYD is the U.S. dollar trading ticker for the distributing share class on the London Stock Exchange. The same share class also trades in British pounds on the LSE under the ticker VHYL.

The ETF has an ongoing charges figure of 0.29% per year, uses physical investment through representative sampling, and is domiciled in Ireland under the UCITS framework. Its legal entity is Vanguard Funds PLC.

VHYD is a distributing share class, with income generated by the portfolio paid to shareholders quarterly rather than fully reinvested within the fund.

History and Evolution of the ETF

The Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Distributing (VHYD) was launched in 2013 to provide diversified exposure to global companies with relatively high dividend yields.

Since its launch, the fund has maintained a passive strategy linked to the FTSE All-World High Dividend Yield Index, combining developed- and emerging-market exposure within a global portfolio of large- and mid-cap equities.

Throughout its history, the fund's performance has reflected both movements in global equity markets and the performance of the sectors and companies selected through the benchmark's dividend yield methodology.

Additional Information

Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $5.61 billion.

Over the past 12 months, Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing recorded a return of 14.66%, with its price trading between $77.39 and $95.67 during the same period.

The ETF is traded under the ticker VHYD.