VHY - Vanguard Australian High Yield ETF

[Sean K]

Anyone into this thing?

I'm trying to find another long term place to park my pension cash for a low stress dividend. It's been going sideways for the past 3 years like most of the general market but there's gotta be a break up at some stage. Maybe in another 5 years or so after the wipeout?

Since inception it's going at 9%, 10 years 7%, which is better than 4.5% I'm getting in the bank at the moment.

 

[divs4ever]

Anyone into this thing?

I'm trying to find another long term place to park my pension cash for a low stress dividend. It's been going sideways for the past 3 years like most of the general market but there's gotta be a break up at some stage. Maybe in another 5 years or so after the wipeout?

Since inception it's going at 9%, 10 years 7%, which is better than 4.5% I'm getting in the bank at the moment.

View attachment 169120View attachment 169118View attachment 169119

i was up until April , when i cashed in several positions to fund a different project

i bought in during 2011 and participated in the DRP

while share price appreciation compared VAS looks mediocre , the higher divs ( per share price ) reinvested told a very different tale

i bought VAS as an insurance policy and as such i kept the shares earned in the DRP running

but total return wise VHY out-performed VAS over those 10 ( 12 really ) years

new entrants into VHY might consider 'buying the dips ' in parallel to participating in the DRP ( i bought one parcel midway through 2011 )

 

[divs4ever]

OOPS !

it was April 2022 i sold out

i bought @ $49.65 , sold @ $70.30 BUT sold more than more than 80% more shares on the exit ( so an 80+ % gain in shares held in just over ten years and the SP still beat inflation at the time )

 

[Sean K]

i was up until April , when i cashed in several positions to fund a different project

i bought in during 2011 and participated in the DRP

while share price appreciation compared VAS looks mediocre , the higher divs ( per share price ) reinvested told a very different tale

i bought VAS as an insurance policy and as such i kept the shares earned in the DRP running

but total return wise VHY out-performed VAS over those 10 ( 12 really ) years

new entrants into VHY might consider 'buying the dips ' in parallel to participating in the DRP ( i bought one parcel midway through 2011 )

Looks like VAS and VHY are going almost identical.

I've just sold an investment property which was crap and I need to find something better to do with the money. I'm thinking of a boat, a very fast car, or something slightly smarter, like a really really really fast car. Or, I buy lithium or nickel and lose it all in a couple of months. Decisions decisions...

 

[Dona Ferentes]

Looks like VAS and VHY are going almost i
I've just sold an investment property which was crap and I need to find something better to do with the money. I'm thinking of a boat, a very fast car, or something slightly smarter, like a really really really fast car. Or, I buy lithium or nickel and lose it all in a couple of months. Decisions decisions...

or a really really attractive tipping competition prize

 

[divs4ever]

Looks like VAS and VHY are going almost identical.

I've just sold an investment property which was crap and I need to find something better to do with the money. I'm thinking of a boat, a very fast car, or something slightly smarter, like a really really really fast car. Or, I buy lithium or nickel and lose it all in a couple of months. Decisions decisions...

might be hard to do over the last 10 years but check the div. payout compared to the unit price ( at once DRPed the difference kicks in )

in raw $$$ ( counting brokerage ) the returned cash was up 260% ( 160% gain ) without allowing for inflation

now of course the important question is .... will that repeat over the next ten years ( i don't know that answer )

better??

well some of the very rich are buying boats they can live on for extended periods
but not me i went for a nice rural place and some bulls as security staff

 

[tech/a]

Venture Capitaist

 

[barney]

and some bulls as security staff

I hope you got the "boys" some wives to keep them company D4

Here's a couple of good sorts who look interested.

 

[qldfrog]

Looks like VAS and VHY are going almost identical.

I've just sold an investment property which was crap and I need to find something better to do with the money. I'm thinking of a boat, a very fast car, or something slightly smarter, like a really really really fast car. Or, I buy lithium or nickel and lose it all in a couple of months. Decisions decisions...

Or buy an EV you will save so much and what a return in 10y

 

[divs4ever]

I hope you got the "boys" some wives to keep them company D4

Here's a couple of good sorts who look interested.

View attachment 169131

about thirty ladies/girls

5 are drought-master crosses , 5 are Boran , and the rest are refugees from the meat-works , but some of the Brangus crosses are gaining size nicely

they need to be rough and tough for the dry seasons ( and nasty biting things )

the old bull launched the yearling bull ( about 700 kg ) over ten foot away by just lifting it's head quickly ( and deliberately )

haven't really seen what the other ( slightly ) older maturing bulls can do but they can RUN , the old guy barely shuffles ( just waits for trouble to volunteer )

... and the drought-master cows are about the same size as the maturing bulls

 

[divs4ever]

Or buy an EV you will save so much and what a return in 10y

WHAT ?

after the house insurance if you park it in the under-house garage , maybe not

 

[divs4ever]

Or buy an EV you will save so much and what a return in 10y

BTW a road tax by the kilometre is coming , they have keep the grift going for all their unionized mates

 

[qldfrog]

BTW a road tax by the kilometre is coming , they have keep the grift going for all their unionized mates

That was irony: investment like in top model, fast car, good whisky or new large screen TV

 

[Sean K]

Venture Capitaist

Send me a proposal Mr Duck.

 

[divs4ever]

That was irony: investment like in top model, fast car, good whisky or new large screen TV

wasn't irony to me i had that precise choice back in 2010

now maybe top quality whisky was a solid choice ( if i wasn't planning to move often )

but it ended up in the share market , and is now split between a farm/livestock and the share-market but that was 2010 what is the good choice now ( top quality whisky prices have gone nuts )

Sammy Hagar - I Can't Drive 55

Music video by Sammy Hagar performing I Can't Drive 55. (C) 1984 Geffen Records

invidious.lunar.icu

in case you think i am trolling .. i learned to drive in a racing go-kart ( 1000 cc engine 5 speed gear-box )

 

[Belli]

Looks like VAS and VHY are going almost identical.

Not quite.

VAS holds 300 or so companies.

VHY holds 73 or something like that.

VAS has a turnover ratio of its holdings of 0.8%

VHY has a turnover ratio of its holdings of 27%.

 

[divs4ever]

Not quite.

VAS holds 300 or so companies.

VHY holds 73 or something like that.

VAS has a turnover ratio of its holdings of 0.8%

VHY has a turnover ratio of its holdings of 27%.

a big difference under the hood ( including MER )

but a nice comparison between 'active ' and ' passive' ( although not really as it actively tracks an index ) strategies

 

[Belli]

One. Neither ETF have an active management style. To infer that, as one poster has, is just chaff and should be ignored.. Go for VVLU if you want active management.

Two. To be clear I wasn't quoting the MER. I was quoting turnover which occurs as a result of movement of individual companies which comprise the index.

Three. The MER of VAS is 0.07% of NTA. For VHY it is 0.25% i.e. you pay more for what you get.

 

[Belli]

Some word salad from Vanguard's PDS. Only posting because if an investor is going to buy it, they should know what they are buying.

 

[Sean K]

Some word salad from Vanguard's PDS. Only posting because if an investor is going to buy it, they should know what they are buying.

View attachment 169138

Interesting term 'word salad'.

You've identified some of the different investment metrics between VHY and VAS but I think the point was raised - what's the best return. Can you tell me which one is best on a simple return basis?

VAS: