The S&P 500 hit a new high, but opportunities still exist for long-term investors. The Vanguard International High Dividend Yield ETF (VYMI) offers potential, despite near all-time high prices.

With 1,500+ stocks, VYMI focuses on international companies with above-average dividends. While near all-time highs, the ETF trades at a discount, with a 3% dividend yield and average stock growth rate of 12.8%.

Some risks come with international investments, but VYMI presents a compelling option for diversification, income, and total return potential. Consider the 10 best stocks recommended by Stock Advisor, which exclude VYMI but offer significant growth potential.

Read more at Yahoo Finance: Even Near an All-Time High, This Dividend ETF Looks Extremely Cheap