(VDY) Vanguard FTSE Canadian High - Ratings and Ratios

Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) is a passively managed exchange-traded fund designed to replicate the performance of the FTSE Canada High Dividend Yield Index. The ETF focuses on investing in Canadian equities that exhibit high dividend yields, offering investors exposure to income-generating stocks within the Canadian market. By tracking this index, VDY provides a diversified portfolio of dividend-paying companies, making it a popular choice for income-focused investors. The fund operates with a low expense ratio, aligning with Vanguards commitment to cost-effective investing.

From a technical standpoint, VDY has shown stability with an average 20-day volume of 262,050 shares, indicating moderate liquidity. The ETF is currently trading at $48.50, above its 20-day and 50-day simple moving averages (SMA) of $47.45 and $48.30, respectively, while slightly above its 200-day SMA of $47.75. This suggests a bullish trend in the short to medium term. The Average True Range (ATR) of 0.87 reflects relatively low volatility, making it suitable for risk-averse investors seeking steady income.

On the fundamental side, VDY manages an impressive $3.47 billion CAD in assets under management (AUM), underscoring its popularity among investors seeking dividend-focused exposure to the Canadian market. The funds size indicates a well-diversified portfolio, reducing concentration risk and enhancing stability.