Vanguard High-Yield Active ETF

Vanguard High-Yield Active ETF (the “Fund”) seeks to provide a high level of current income.

$72.16

Key Metrics

TER 0.22% per year
Distribution policy Distributing
Fund size USD 307 M
Inception date September 16, 2025
Holdings 598
Fund currency USD
Fund domicile US
Provider Vanguard
For full official fund details, factsheets, and holdings, visit investor.vanguard.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
High-Yield Active ETF VGHY
Fund Size
$311M
Dividend
6.3%
Fees
0.22%

Historical Return

Last updated: Oct 15, 2026
1 Year -0.3% +6.3% Div
3 Years (avg.) -0.1% +6.3% Div
5 Years (avg.) -0.1% +6.3% Div

Risk & Analysis Metrics

Last updated: Oct 15, 2026

Volatility

N/A 1 Year
N/A 3 Years
N/A 5 Years
N/A 10 Years

Max Drawdown

N/A 1 Year
N/A 3 Years
N/A 5 Years
N/A 10 Years

Sharpe Ratio

N/A 1 Year
N/A 3 Years
N/A 5 Years
N/A 10 Years

Distributions

*by ETF Portfolio Weight Last updated: Oct 15, 2026

Profit Margin Distribution

< 0%
36%
1y 3y N/A N/A
0 - 5%
21%
1y 3y N/A N/A
5 - 10%
12%
1y 3y N/A N/A
10 - 15%
15%
1y 3y N/A N/A
15 - 20%
7%
1y 3y N/A N/A
20 - 30%
3%
1y 3y N/A N/A
30 - 40%
2%
1y 3y N/A N/A
> 40%
4%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
36%
1y 3y N/A N/A
0 - 10
14%
1y 3y N/A N/A
10 - 15
17%
1y 3y N/A N/A
15 - 20
12%
1y 3y N/A N/A
20 - 25
2%
1y 3y N/A N/A
25 - 35
8%
1y 3y N/A N/A
35 - 50
5%
1y 3y N/A N/A
> 50
6%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.8%
1y 3y N/A N/A
Small Cap
15.7%
1y 3y N/A N/A
Mid Cap
48.2%
1y 3y N/A N/A
Large Cap
32.8%
1y 3y N/A N/A
Mega Cap
2.4%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Oct 15, 2026
10.2% Top 5 Holdings
17.2% Top 10 Holdings
56.3% Top 50 Holdings
81.9% Top 100 Holdings
Top 5 Companies
CLF Cleveland-Cliffs Inc
2.7%
FMC FMC Corp.
2.1%
CHDN Churchill Downs, Inc.
1.8%
SQ Square Inc
1.8%
ENR Energizer Holdings Inc
1.7%

Latest News

No news available for this ETF yet.

Sectors

Manufacturing 7.2%
Mining, Quarrying, and Oil and Gas Extraction 3.8%
Health Care and Social Assistance 2.4%
Finance and Insurance 2.3%
Information 2.0%
Retail Trade 1.3%
Professional, Scientific, and Technical Services 1.3%
Transportation and Warehousing 1.1%
Arts, Entertainment, and Recreation 0.9%
Utilities 0.9%
Communication Services 0.9%
Wholesale Trade 0.5%
Industrials 0.4%
Electronic Technology 0.4%
Administrative and Support and Waste Management and Remediation Services 0.4%
Energy 0.3%
Real Estate and Rental and Leasing 0.3%
Healthcare 0.3%
Consumer Durables 0.2%
Technology 0.1%
Accommodation and Food Services 0.1%
Consumer Services 0.1%
Other Services (except Public Administration) 0.0%
Construction 0.0%
Other 72.9%

Countries

United States 87.3%
United Kingdom 2.6%
Canada 2.4%
France 1.4%
Macao 1.4%
Germany 1.3%
Ireland 0.6%
Norway 0.4%
Hong Kong 0.4%
Poland 0.4%
Denmark 0.4%
Japan 0.3%
Zambia 0.3%
Netherlands 0.3%
Jersey 0.3%
Luxembourg 0.2%
Spain 0.1%
Israel 0.1%
Other 0.0%

Stock Screener

Select filters to narrow down the 82 investments below

82 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap
P/E Ratio
Dividends Ratio of dividends in the last 12 months to current share price
Total Investment
Weight

Cleveland-Cliffs Inc

CLF - Mining, Quarrying, and Oil and Gas Extraction

Cleveland-Cliffs Inc

CLF - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $7.41B
P/E Ratio -7.8
Dividends 0.0%
Total Investment $2.26M
Weight 0.74%

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FMC Corp.

FMC - Manufacturing

FMC Corp.

FMC - Manufacturing
Market Cap $1.11B
P/E Ratio -0.4
Dividends 3.8%
Total Investment $1.73M
Weight 0.57%

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Churchill Downs, Inc.

CHDN - Arts, Entertainment, and Recreation

Churchill Downs, Inc.

CHDN - Arts, Entertainment, and Recreation
Market Cap $5.57B
P/E Ratio 13.7
Dividends 0.5%
Total Investment $1.53M
Weight 0.50%

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Block Inc - Ordinary Shares - Class A

SQ - Information

Block Inc - Ordinary Shares - Class A

SQ - Information
Market Cap $88.32B
P/E Ratio 135.5
Dividends 0.0%
Total Investment $1.51M
Weight 0.49%

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Energizer Holdings Inc

ENR - Manufacturing

Energizer Holdings Inc

ENR - Manufacturing
Market Cap $1.46B
P/E Ratio 17.9
Dividends 5.6%
Total Investment $1.45M
Weight 0.47%

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Lamb Weston Holdings Inc

LW - Manufacturing

Lamb Weston Holdings Inc

LW - Manufacturing
Market Cap $6.58B
P/E Ratio 25.9
Dividends 3.2%
Total Investment $1.28M
Weight 0.42%

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Chemours Company

CC - Manufacturing

Chemours Company

CC - Manufacturing
Market Cap $2.37B
P/E Ratio -6.8
Dividends 2.6%
Total Investment $1.16M
Weight 0.38%

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Oasis Petroleum Inc. - New

OAS - Mining, Quarrying, and Oil and Gas Extraction

Oasis Petroleum Inc. - New

OAS - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $4.55B
P/E Ratio 9.5
Dividends 3.7%
Total Investment $1.14M
Weight 0.37%

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Centene Corp.

CNC - Finance and Insurance

Centene Corp.

CNC - Finance and Insurance
Market Cap $32.53B
P/E Ratio -6.3
Dividends 0.0%
Total Investment $1.12M
Weight 0.37%

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Tenet Healthcare Corp.

THC - Health Care and Social Assistance

Tenet Healthcare Corp.

THC - Health Care and Social Assistance
Market Cap $21.24B
P/E Ratio 10.1
Dividends 0.0%
Total Investment $1.11M
Weight 0.36%

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Bath & Body Works Inc

BBWI - Retail Trade

Bath & Body Works Inc

BBWI - Retail Trade
Market Cap $3.56B
P/E Ratio 4.6
Dividends 4.6%
Total Investment $1.09M
Weight 0.35%

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SM Energy Co

SM - Mining, Quarrying, and Oil and Gas Extraction

SM Energy Co

SM - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $8.87B
P/E Ratio 9.6
Dividends 2.3%
Total Investment $1.07M
Weight 0.35%

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BWX Technologies Inc

BWXT - Professional, Scientific, and Technical Services

BWX Technologies Inc

BWXT - Professional, Scientific, and Technical Services
Market Cap $13.18B
P/E Ratio 37.1
Dividends 0.7%
Total Investment $1.06M
Weight 0.35%

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Tenet Healthcare Corp.

THC - Health Care and Social Assistance

Tenet Healthcare Corp.

THC - Health Care and Social Assistance
Market Cap $21.24B
P/E Ratio 10.1
Dividends 0.0%
Total Investment $1.06M
Weight 0.35%

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Community Health Systems, Inc.

CYH - Health Care and Social Assistance

Community Health Systems, Inc.

CYH - Health Care and Social Assistance
Market Cap $389.18M
P/E Ratio -1.2
Dividends 0.0%
Total Investment $1.04M
Weight 0.34%

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Valaris Ltd

VAL - Energy

Valaris Ltd

VAL - Energy
Market Cap $5.79B
P/E Ratio 6.2
Dividends 0.0%
Total Investment $1.01M
Weight 0.33%

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United Airlines Holdings Inc

UAL - Transportation and Warehousing

United Airlines Holdings Inc

UAL - Transportation and Warehousing
Market Cap $34.88B
P/E Ratio 10.0
Dividends 0.0%
Total Investment $1M
Weight 0.33%

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Darling Ingredients Inc

DAR - Manufacturing

Darling Ingredients Inc

DAR - Manufacturing
Market Cap $9.58B
P/E Ratio 16.0
Dividends 0.0%
Total Investment $939.86K
Weight 0.31%

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Beacon Roofing Supply Inc - Ordinary Shares - Class A

BECN - Wholesale Trade

Beacon Roofing Supply Inc - Ordinary Shares - Class A

BECN - Wholesale Trade
Market Cap $7.72B
P/E Ratio -13.0
Dividends 0.0%
Total Investment $939.74K
Weight 0.31%

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Advance Auto Parts Inc

AAP - Retail Trade

Advance Auto Parts Inc

AAP - Retail Trade
Market Cap $2.55B
P/E Ratio 30.4
Dividends 2.4%
Total Investment $933.66K
Weight 0.30%

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