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Vanguard High Dividend Yield ETF Seasonality

Historical month-by-month and year-by-year returns

Based on 21 calendar years of monthly closes, starting 2006.

By Month

MonthAverageMedian% PositiveBestWorst
January0.1%+0.3%50%+6.1%13.0%
February0.0%+2.3%65%+4.9%13.6%
March+0.5%+0.5%55%+8.4%14.2%
April+2.1%+1.9%75%+10.3%4.2%
May+0.4%+1.3%70%+5.8%7.9%
June1.0%1.1%35%+5.9%11.1%
July+2.3%+2.2%85%+8.6%3.4%
August+0.2%+0.8%52%+4.9%5.7%
September0.7%0.4%47%+6.7%8.6%
October+0.9%0.3%47%+12.2%14.8%
November+2.5%+3.0%74%+12.3%5.5%
December0.0%+0.5%55%+5.8%9.5%

By Calendar Year

YearReturn
2025+12.5%
2024+14.3%
2023+3.2%
20223.5%
2021+22.5%
20202.3%
2019+20.2%
20188.9%
2017+13.0%
2016+13.5%
20152.9%
2014+10.3%
2013+26.2%
2012+9.1%
2011+7.2%
2010+11.1%
2009+13.1%
200834.2%
20071.2%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.