VHYAX Performance — Vanguard High Dividend Yield Index Fund, Admiral Shares
Data updated: 2026-09-28
VHYAX returned +14.16% year to date and +23.65% over one year to Jul 2026. Annualised returns are +16.81% over 3 years and +12.17% over 5 years. The fund beat its US Large Value category average: $100 invested three years ago grew to $159, against $156 for the category, and to $124 over one year, against $122. Volatility over the past three years was 11.10% a year. In the 12 months to Jul 2026 the fund took in a net $6.6B, and assets reached $99.19B.
VHYAX Growth of $100
What $100 invested in Vanguard High Dividend Yield Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | VHYAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $159 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $178 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $227 | $226 |
VHYAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.16% |
| 1 year | +23.65% |
| 3 years (annualised) | +16.81% |
| 5 years (annualised) | +12.17% |
VHYAX Annual Returns
Calendar-year total returns of Vanguard High Dividend Yield Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.16% |
| 2025 | +15.39% |
| 2024 | +17.59% |
| 2023 | +6.51% |
| 2022 | −0.44% |
| 2021 | +26.13% |
| 2020 | +1.14% |
| 2019 (Aug–Dec) | +8.35% |
VHYAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.5% | +3.4% | −3.9% | +6.1% | +1.3% | −0.1% | +2.4% | — | — | — | — | — |
| 2025 | +3.7% | +1.3% | −3.2% | −3.5% | +3.8% | +4.0% | +0.6% | +3.7% | +2.0% | −0.3% | +3.4% | −0.6% |
| 2024 | +0.8% | +2.7% | +5.4% | −3.8% | +2.9% | −0.2% | +4.8% | +2.5% | +1.3% | −0.3% | +5.3% | −4.5% |
| 2023 | +2.4% | −3.5% | −0.6% | +1.3% | −5.2% | +5.6% | +4.0% | −2.4% | −3.4% | −2.7% | +6.2% | +5.6% |
| 2022 | −0.5% | −1.5% | +2.7% | −4.2% | +3.5% | −7.9% | +4.6% | −2.5% | −7.9% | +12.2% | +6.4% | −3.6% |
| 2021 | −0.6% | +4.6% | +6.8% | +2.6% | +3.0% | −1.1% | +0.5% | +2.1% | −3.3% | +4.9% | −2.3% | +6.7% |
| 2020 | −2.5% | −9.8% | −13.5% | +10.4% | +2.7% | −0.7% | +3.0% | +3.2% | −2.6% | −1.8% | +12.3% | +3.4% |
| 2019 | — | — | — | — | — | — | — | −2.0% | +3.8% | +1.0% | +2.3% | +3.1% |
VHYAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.10%
- 3-year Sharpe ratio: 1.11 (vs 4.5% risk-free rate)
- Best month: +6.24% (Nov 2023)
- Worst month: −4.51% (Dec 2024)
VHYAX Fund Flows
Monthly money in and out of Vanguard High Dividend Yield Index Fund, from SEC Form N-PORT.
- 12-month net flow: $6.6B
- 12-month gross sales (incl. reinvestments): $13.8B
- Sales ÷ redemptions: 1.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $935.6M | $238.4M | $697.2M |
| Jun 2026 | $1.4B | $706.5M | $693.0M |
| May 2026 | $588.3M | $289.4M | $298.9M |
| Apr 2026 | $678.2M | $214.0M | $464.2M |
| Mar 2026 | $4.7B | $4.0B | $630.2M |
| Feb 2026 | $987.9M | $170.2M | $817.7M |
| Jan 2026 | $593.6M | $450.1M | $143.5M |
| Dec 2025 | $1.4B | $369.6M | $1.1B |
| Nov 2025 | $676.1M | $137.9M | $538.2M |
| Oct 2025 | $428.9M | $243.9M | $185.0M |
| Sep 2025 | $907.5M | $202.7M | $704.7M |
| Aug 2025 | $540.2M | $134.7M | $405.6M |
VHYAX Assets Under Management
Net assets of Vanguard High Dividend Yield Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $99.19B |
| 2026-04-30 | $94.63B |
| 2026-01-31 | $88.46B |
| 2025-10-31 | $81.22B |
| 2025-07-31 | $76.27B |
| 2025-04-30 | $70.41B |
| 2025-01-31 | $75.86B |
| 2024-10-31 | $72.64B |
| 2024-07-31 | $70.01B |
| 2024-04-30 | $65.23B |
| 2024-01-31 | $63.25B |
| 2023-10-31 | $57.12B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.