1 Top Vanguard ETF to Buy Before the Next Market Crash

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Let's be real. The vast majority of investors aren't hoping for another crash or bear market. But as Benjamin Franklin supposedly said, failing to prepare is preparing to fail. In investment terms, the takeaway from that famous quote is that it's better to be proactive than to be caught flat-footed when unfavorable market conditions arrive. Fortunately, not all preparation strategies require investors to sacrifice "goodies" such as upside. Market participants looking to purchase some "crash insurance" today may want to examine the Vanguard High Dividend Yield ETF ( VYM +0.37% ) . The third-largest dividend exchange-traded fund (ETF), this juggernaut offers some buffer in bad times because dividend stocks tend to be less volatile than their non-payout counterparts. This Vanguard ETF can offer some protection during market downturns. Image source: Getty Images. This dividend ETF lives up to that billing. Over the past decade, its annualized volatility was 170 basis points below that of the Vanguard S&P 500 ETF ( VOO +0.45% ) . The trade-off was market-lagging performance, but the dividend fund is a durable income generator with legitimate protection credentials. As highlighted by its $96.1 billion in assets under management, there's a broad audience for this Vanguard ETF. Its income-generating and favorable volatility traits make it appealing to retirees, while market participants of all stripes can use the ETF to augment growth-heavy portfolios.

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The Vanguard High Dividend Yield ETF (VYM) is attracting attention as a defensive investment against market volatility. Over the past decade, VYM has demonstrated annual volatility 170bp lower than VOO, providing stable returns during market downturns. With $96.1 billion in AUM, this ETF is a suitable alternative for investors seeking downside protection through dividend yields.

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VYM acts as a stabilizer in portfolios by focusing on mature companies with consistent dividend payouts. Its lower beta compared to broader market indices helps mitigate risk during periods of economic uncertainty. By prioritizing value and income-generating stocks, VYM provides a cushion for investors concerned about overvaluation in the broader market.

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