The Vanguard Australian Shares High Yield ETF (ASX: VHY) has been outperforming the broader market in 2022.
It's gained around 3.3% year to date while the S&P/ASX 200 Index (ASX: XJO) has slipped 3.5%.
The exchange-traded fund (ETF) aims to invest in high-quality dividend paying stocks, housing many of the ASX's biggest names.
Right now, the ETF is trading at a share price of $68.29.
Currently, the $2.33 billion ETF is invested in 64 ASX shares. Let's take a look at which stocks it's holding.
Vanguard Australian Shares High Yield ETF's holding
The Vanguard Australian Shares High Yield ETF boasts an equity yield of 5.75% as of 31 March, with 40% of its holdings housed in one sector.
That is, the financial sector. The ASX 200's 'big four' banks and Macquarie Group Ltd (ASX: MQG) make up 5 of the ETF's top 10 holdings.
Though, its largest holding is in BHP Group Ltd (ASX: BHP). The mining giant's stock makes up around 10.75% of the ETF's holdings.
Its holding in Commonwealth Bank of Australia (ASX: CBA) only just trails that figure. It comes in at 10.3% of the ETF.
Its top 10 investments are rounded out by retail conglomerate, Wesfarmers Ltd (ASX: WES); telco, Telstra Corporation Ltd (ASX: TLS); miner, Rio Tinto Limited (ASX: RIO); and toll road operator, Transurban Group (ASX: TCL).
Another 3 ASX dividend shares each makeup more than 2% of the fund – they are iron ore producer, Fortescue Metals Group Limited (ASX: FMG); oil and gas icon, Woodside Petroleum Limited (ASX: WPL), and supermarket giant, Coles Group Ltd (ASX: COL).
Finally, 2 more stocks make up more than 1% of the fund – gas pipeline operator, APA Group (ASX: APA) and miner, South32 Ltd (ASX: S32).
Sadly, while the Vanguard Australian Shares High Yield ETF has gained more than 3% this year, its 'sibling', the Vanguard Australian Shares Index ETF (ASX: VAS), has slumped 4.25%.
