No-Brainer Dividend ETF to Generate Thousands of Dollars in Passive Income

A market-focused article argues that investors looking for dividend income should prioritize diversified dividend ETFs rather than selecting stocks only by yield. It highlights the Vanguard High Dividend Yield ETF (VYM) as an example, saying it tracks the FTSE High Dividend Yield Index and selects companies expected to pay above-average dividends. The piece notes the fund holds more than 600 stocks to spread risk and cites a current dividend yield of about 2.2%, compared with the broader S&P 500. It also points to sector weights, with Financials at 21% and Industrials at 14%, suggesting potential support from higher rates and steady demand tied to aerospace, defense and AI data centers, while Tech adds exposure beyond mega-caps.