"Whether you're already retired or planning for one, investing in retirement will require a balance of strategies that ensure income for the short term and long term. If you invest in the right types of exchange-traded funds (ETFs), you can build a diversified portfolio that ensures steady passive income and capital growth. With hundreds of ETFs in the market today, you need to be careful when you're picking one."
"The passively managed fund has a yield of 2.39% and an expense ratio of 0.06%. It invests in over 500 stocks and ensures that you own some of the biggest dividend payers. The fund offers broad diversification and has generated strong returns. It has assets under management of $81.3 billion and invests heavily in the financials sector (21.10%), followed by technology (14.10%) and industrials (13.50%)."
Retirement investing requires balancing short-term income needs with long-term capital growth. Exchange-traded funds (ETFs) provide a simple, low-cost way to achieve diversification and passive income. Investors should align ETF selection with retirement goals and exercise caution given the large number of options. Vanguard High Dividend Yield ETF (VYM) tracks the FTSE High Dividend Yield Index, yields 2.39%, and charges a 0.06% expense ratio. VYM holds over 500 stocks, emphasizes financials, technology, and industrials, lists top holdings such as Johnson & Johnson and Walmart, and had $81.3 billion in assets under management with a 19-year track record.
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