Top 100 Highest Dividend Yield ETFs (2024)

FAQs

What is the highest dividend yielding ETF? ›

Amidst the plethora of dividend-paying ETFs available, three stand out for their performance and reliability: the JPMorgan Equity Premium Income ETF (JEPI -0.17%), the Schwab U.S. Dividend Equity ETF (SCHD -0.28%), and the Vanguard International High Dividend Yield Index Fund ETF Shares (VYMI -0.08%).

Vanguard High Dividend Yield ETF (VYM)

While above average, VIG's 1.8% 30-day SEC yield won't appeal to income-oriented investors. The better Vanguard ETF for their needs is likely VYM, which delivers a higher 2.9% 30-day SEC yield by targeting the FTSE High Dividend Yield Index.

VOO Dividend Information

VOO has a dividend yield of 1.32% and paid $6.41 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 22, 2024.

Due to its defensive structure, JEPI may underperform in the long run. This is not necessarily a bad thing because we are not forgetting what we like about JEPI: low volatility.

Example of a Solid Three-ETF Portfolio

One option for a solid three-ETF portfolio could be to include the Schwab U.S. Dividend Equity ETF (SCHD), the Vanguard S&P 500 ETF (VOO), and the Invesco QQQ Trust (QQQ).

Currently, some ETFs may provide exposure to certain dividend king stocks, but no ETF currently holds only dividend king stocks. Some ETFs focus solely on dividend aristocrats.

Is vym the best dividend ETF? ›

Vanguard High Dividend Yield ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VYM is an outstanding option for investors seeking exposure to the Style Box - Large Cap Value segment of the market.

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

Performance: DIVO's dividend equity exposure helps it win the performance battle with a year-to-date gain of nearly 7%, compared to JEPI's gain of just over 5%. DIVO also wins the 1-year return while both ETFs have similar 3-year returns.

It's easy to explain the popularity of high-dividend ETFs: High dividends equal high yields and a reliable cash flow. People who have current income as a primary investment objective are especially attracted to exchange-traded funds, or ETFs, that pay superior income, but dividends can be a boon to any investor.

VYM Dividend Information

The dividend is paid every three months and the last ex-dividend date was Mar 15, 2024.

Vanguard is a large investment advisor offering mutual funds and ETFs, many of which pay dividends. Most of Vanguard's ETF products pay monthly or quarterly dividends.