Investors looking for reliable and predictable returns often turn to dividend ETFs. These exchange-traded funds invest in companies that have a history of paying consistent dividends, making them an attractive option for income-seeking investors.
Here are the top 10 performing dividend ETFs as of April 2023, based on their year-to-date returns:
First Trust NASDAQ Technology Dividend Index Fund (TDIV): With a year-to-date return of over 30%, TDIV tops the list of best-performing dividend ETFs. The fund focuses on technology companies that pay dividends, offering investors exposure to this high-growth sector.
iShares Select Dividend ETF (DVY): DVY has a year-to-date return of over 20% and invests in large-cap companies with a consistent history of paying dividends. The fund has a dividend yield of around 3%, making it an attractive option for income-seeking investors.
Invesco S&P SmallCap Dividend ETF (DES): DES has a year-to-date return of over 20% and invests in small-cap companies that have a history of paying consistent dividends. The fund has a dividend yield of around 2.5%.
iShares Global Utilities ETF (JXI): With a year-to-date return of over 15%, JXI invests in global utility companies that have a history of paying dividends. The fund has a dividend yield of around 3%.
Vanguard Dividend Appreciation ETF (VIG): VIG has a year-to-date return of over 15% and invests in companies that have a track record of increasing their dividends over time. The fund has a dividend yield of around 1.5%.
SPDR S&P Dividend ETF (SDY): With a year-to-date return of over 14%, SDY invests in companies that have a consistent history of increasing their dividends over time. The fund has a dividend yield of around 2.5%.
iShares Core Dividend Growth ETF (DGRO): DGRO has a year-to-date return of over 12% and invests in companies that have a track record of increasing their dividends over time. The fund has a dividend yield of around 2%.
Schwab US Dividend Equity ETF (SCHD): With a year-to-date return of over 11%, SCHD invests in large-cap companies that have a history of paying consistent dividends. The fund has a dividend yield of around 2.5%.
WisdomTree U.S. Quality Dividend Growth Fund (DGRW): DGRW has a year-to-date return of over 10% and invests in companies that have a track record of increasing their dividends over time. The fund has a dividend yield of around 1.5%.
ProShares S&P 500 Dividend Aristocrats ETF (NOBL): NOBL has a year-to-date return of over 9% and invests in companies that have increased their dividends for at least 25 consecutive years. The fund has a dividend yield of around 1.5%.
It's worth noting that past performance does not guarantee future results, and investors should do their own research before making any investment decisions. Additionally, dividend ETFs can be subject to risks such as changes in interest rates and market volatility.