ETF full name: Vanguard US Dividend Appreciation ETF CAD-H
Segment: Large-cap blend (US Equity)
ETF provider: Vanguard
|Inception date||2 August 2013|
|Management company||Vanguard Equity Index Group|
|Average 3-5 EPS||N/A|
|Average Annualized Return||17%|
|Investment objective||Seeks to track the performance of the S&P US Dividend Growers Index (CAD-hedged)|
|Investment geography||North America|
|Benchmark||S&P US Dividend Growers Index (CAD-hedged)|
|Median market capitalization||$191.9 billion|
|Number of holdings||268|
About the VGH ETF
The Vanguard US Dividend Appreciation ETF CAD-H inception was on 2 August 2013. The VGH fund trades on the Toronto Stock Exchange under the ticker symbol, VGH.
The fund aims to track stocks of US companies that have a record of increasing dividends over time, whose Index is hedged to the Canadian dollar. The fund benchmarks the S&P US Dividend Growers Index (CAD-hedged).
Vanguard Investments Canada Inc. manages the VGH fund.
VGH Fact-set analytics insight
The VGH ETF has a net expense ratio of 0.30%. The fund has a median market cap of $191.9 billion and total net assets of $413 million. Furthermore, the fund has a daily trade volume of 33,613 units. The VGH fund has a spread of 0.08%.
VGH performance analysis
The Vanguard US dividend appreciation index ETF had a year-to-date return of 19.42%. The fund distributes dividends quarterly, and the last dividend paid was $0.18.
The projected growth of a $10,000 investment since inception came to $25,478. The VGH fund has no ESG ratings. The fund is currently trading at $56.22 per share.
VGH ETF RATING
|VGH ESG Rating||N/A||N/A||N/A||N/A||N/A|
VGH key holdings
The VGH fund has a total of 268 holdings. The fund invests in US equities, and therefore, its geographical distribution is in North America only.
The fund’s top sector breakdown is as follows:
- Industrials 22.1%
- Consumer discretionary 15.6%
- Financials 15.4%
- Health care 13.9%
- Technology 13.4%
Below is a list of the top ten holdings by company.
|Ticker||Holding name||% of assets|
|MSFT||Microsoft Corp.||4.5 %|
|JPM||JPMorgan Chase & Co.||3.9%|
|JNJ||Johnson & Johnson||3.8%|
|UNH||UnitedHealth Group Inc.||3.3%|
|HD||Home Depot Inc.||3.1%|
|PG||Procter & Gamble Co.||3.0%|
The VGH fund had an average annual return of 10.4% over the past eight years. The stock is currently trading in the 70%-80% percentile range relative to its historical stock score levels.
The fund has an expense ratio of 0.30%, which is quite affordable compared to its peers in the category.
The fund is ideally suited for investors looking to benefit from long-term large-cap equities. Furthermore, the projected growth of the fund is showing significant returns, with a 254% return on investment since 2013.
Analysts have rated the fund a buy right now. However, investors should consider the risks related to the stock market carefully.