Dividend Index Funds
Index funds generally don’t try to beat the market by opportunistically buying or selling securities. Rather, they simply invest the assets of the fund or ETF to mirror the construction of an index (such as the S&P 500), giving investors a way to gain exposure to a specific part of the market. Index funds generally have lower relative costs compared with actively managed offerings. Here, we highlight those funds and ETFs that focus on companies that typically pay a dividend. Historically, dividends have accounted for a material portion of a stock’s total return.
Name | Medalist Rating Overall | Morningstar Rating for Funds Overall | Total Return 1 Year | Total Return 3 Year | Total Return 5 Year | TTM Yield | Adjusted Expense Ratio | Fund Size | |
|---|---|---|---|---|---|---|---|---|---|
| AAM S&P 500 High Dividend Value ETF SPDV | 26.20% | 21.36% | 10.55% | 3.21% | 0.290% | $107.39M | |||
| ALPS O'Shares U.S. Quality Dividend ETF Shares OUSA | 16.01% | 16.20% | 9.68% | 1.34% | 0.480% | $736.82M | |||
| ALPS O'Shares U.S. Small-Cap Quality Dividend ETF Shares OUSM | 16.06% | 14.85% | 7.96% | 1.99% | 0.480% | $811.46M | |||
| ALPS Sector Dividend Dogs ETF SDOG | 27.80% | 21.89% | 10.81% | 3.33% | 0.360% | $1.43B | |||
| Amplify Cash Flow Dividend Leaders ETF COWS | 29.64% | 22.75% | — | 1.27% | 0.190% | $44.69M | |||
| Amplify S&P 500 Dividend Drivers ETF DRVR | — | — | — | — | — | — | 0.390% | $795,583.00 | |
| Fidelity Dividend ETF for Rising Rates FDRR | 15.81% | 22.09% | 12.05% | 2.04% | 0.150% | $743.24M | |||
| Fidelity High Dividend ETF FDVV | 14.37% | 21.04% | 13.28% | 2.76% | 0.150% | $10.34B | |||
| First Trust Dividend Strength ETF FTDS | 23.65% | 19.58% | 7.56% | 1.57% | 0.700% | $39.34M | |||
| First Trust Dorsey Wright Momentum & Dividend ETF DDIV | 14.38% | 20.90% | 8.98% | 1.63% | 0.600% | $71.17M | |||
| First Trust Morningstar Dividend Leaders Index Fund FDL | 27.79% | 23.05% | 14.01% | 3.60% | 0.430% | $8.39B | |||
| First Trust Rising Dividend Achievers ETF RDVY | 17.94% | 22.02% | 10.83% | 0.86% | 0.470% | $25.04B | |||
| First Trust S&P 500 Diversified Dividend Aristocrats ETF KNGZ | 26.63% | 20.67% | 10.52% | 2.45% | 0.500% | $67.98M | |||
| First Trust SMID Cap Rising Dividend Achievers ETF SDVY | — | 13.08% | 17.24% | 8.66% | 1.00% | 0.580% | $11.07B | ||
| First Trust Value Line® Dividend Index Fund FVD | 14.08% | 13.75% | 6.67% | 2.21% | 0.620% | $8.07B | |||
| Franklin U.S. Core Dividend Tilt Index ETF UDIV | 15.61% | 23.54% | 13.25% | 1.43% | 0.060% | $158.79M | |||
| Franklin U.S. Dividend Booster Index ETF XUDV | — | — | 28.69% | — | — | 3.33% | 0.090% | $78.08M | |
| Franklin U.S. Low Volatility High Dividend Index ETF LVHD | 16.99% | 14.86% | 7.40% | 3.29% | 0.270% | $643.33M | |||
| Global X S&P 500® Quality Dividend ETF QDIV | 26.54% | 16.09% | 8.66% | 2.61% | 0.200% | $31.50M | |||
| Global X SuperDividend™ U.S. ETF DIV | 16.37% | 13.63% | 5.10% | 6.51% | 0.450% | $762.80M | |||
| Invesco Dividend Achievers™ ETF PFM | — | 16.50% | 18.57% | 10.66% | 1.29% | 0.520% | $808.00M | ||
| Invesco Dow Jones Industrial Average Dividend ETF DJD | — | 23.62% | 21.53% | 12.39% | 2.24% | 0.070% | $536.51M | ||
| Invesco High Yield Equity Dividend Achievers™ ETF PEY | — | 27.14% | 15.52% | 8.45% | 4.30% | 0.680% | $1.16B | ||
| Invesco S&P 500 High Dividend Growers ETF DIVG | — | 23.92% | — | — | 2.95% | 0.390% | $12.25M | ||
| Invesco S&P 500® High Dividend Low Volatility ETF SPHD | 14.39% | 15.66% | 8.17% | 4.78% | 0.300% | $3.44B |
United States