Is vym a growth and income, or growth, or aggressive growth funds?

The Vanguard High Dividend Yield ETF (VYM) is a growth and income fund. The ETF seeks to track the performance of the FTSE High Dividend Yield Index, which measures the investment return of common stocks of companies that are characterized by high dividend yield. The index consists of common stocks of companies that pay dividends that are generally higher than average, which aligns with the characteristics of a growth and income fund. The ETF's focus on high dividend yield stocks provides a steady income stream, while also offering potential for capital appreciation as the companies in the index may grow their businesses and increase their dividends over time. The ETF's moderate expense ratio of 0.06% also supports its classification as a growth and income fund, as it keeps costs low and reinvests returns for long-term growth.