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Best Of

Best High Dividend ETFs in 2026

Quality-screened equity income ETFs — above-market yields from established, diversified funds, ranked by assets rather than headline rate.

Data updated September 2026 · 50 ETFs

ETFs listed50
Avg yield6.37%
Avg expense ratio0.45%

Who this page is for

Best for

  • Income investors who want above-market yield from diversified, established funds
  • Retirees and near-retirees balancing current income against capital preservation
  • Anyone building a core income sleeve around funds like SCHD, VYM, or JEPI

Not a fit for

  • Maximum-yield seekers — single-stock option funds paying 20-80% live on the high-yield list, not here
  • Pure dividend-growth investors happy with 1-2% yields today (see the dividend growth list)
  • Traders looking for short-term price momentum rather than income

Analysis

Best High Dividend ETFs in 2026 covers a broad universe of 50 funds spanning traditional dividend-growth strategies, real estate exposure, and options-income strategies, with an average yield of 6.37% and average expense ratio of 0.45% across the category. The top 10 shown illustrate this range well: established issuers like Schwab, Vanguard, iShares, and State Street anchor the category with large, low-cost, quarterly-paying funds such as SCHD and VNQ, while JPMorgan (JEPI, JEPQ) and NEOS (QQQI, SPYI) represent a newer wave of monthly-pay, derivative-income products offering substantially higher yields. This split between conventional dividend equity funds and covered-call/income strategies is a defining trend in the category, alongside notable AUM concentration in a handful of large, established names.

  • SCHD carries the lowest expense ratio in the top 10 shown at 0.06%, alongside the largest AUM at $110.4 billion.
  • QQQI and SPYI tie for the highest expense ratio among the top 10 funds shown, both at 0.68%.

AI-generated analysis — AI can make mistakes. Verify important information independently. Not investment advice. AI risk disclosure

Risks specific to this category

  • Capped upside: covered-call and option-overlay funds in this group keep the option premium in a rally but surrender gains above the strike, so they can trail the very index they write options against.
  • Dividend-cut lag: dividend indexes rebalance after a cut is announced, so a passive fund typically rides the stock down and locks in the reduced payout before its screen removes the name.
  • Sector tilts: dividend screens overweight financials, utilities, and consumer staples relative to the broad market, so these funds share rate-cycle sensitivity that a total-market fund does not.
  • Distributions are not contractual: each payout is declared period by period, so the yields on this page can fall without notice when portfolio income, option premium, or fund policy changes.
  • Methodology divergence: every fund here follows its own index rules or mandate, so two funds with similar headline yields can hold very different portfolios and diverge sharply in a drawdown — category membership is not interchangeability.

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Top picks

The three largest high dividend ETFs on this list by assets under management.

Yield distribution

Forward distribution rates · 50 funds · as of 2026-09-182-5%245-8%128-12%812%+6

Expense ratio distribution

0-0.20%80.20-0.50%190.50-0.75%200.75-1.00%3

Income projection

Estimated income if the current average distribution rate of 6.37% held for a full year with share prices unchanged. Distribution rate is not total return—a fund can pay a large distribution while its share price falls—so treat these as an upper-bound illustration, not a forecast.

Hypothetical — the list's average forward distribution rate of 6.37% held for one year with share prices unchanged, before tax, rates as of 2026-09-18. Not a forecast.
InvestmentAnnual incomeMonthly incomeWeekly income
$10,000$637$53$12
$25,000$1,591$133$31
$50,000$3,183$265$61
$100,000$6,365$530$122

Issuer breakdown

Distribution of ETFs by fund issuer, showing how concentrated or varied the sponsor lineup is.

iShares8
First Trust7
NEOS4
Global X4
WisdomTree3
Schwab2
JPMorgan2
Vanguard2

How this list is built

Every fund here passed the same screens, designed to surface established, income-focused equity ETFs rather than the largest headline number:

  • Dividend-focused equity ETFs only — funds with a dividend or covered-call mandate or an explicit income objective; bond, money-market, and commodity funds are excluded
  • Distribution rate of at least 2.4% — roughly double the S&P 500's recent yield — and no higher than 15%, which hands ultra-high payers to the high-yield list
  • Expense ratio of 0.75% or less
  • At least $100 million in assets under management
  • No leveraged, inverse, or single-stock option funds
  • Ranked by assets under management, not yield, so the market's most established income funds surface first

All 50 ETFs

Ticker Name Issuer Yield Expense ratio AUM Frequency
SCHDSchwab U.S. Dividend Equity ETFSchwab3.00%0.06%$110.4BQuarterly
JEPIJPMorgan Equity Premium Income ETFJPMorgan7.93%0.35%$45.3BMonthly
JEPQJPMorgan Nasdaq Equity Premium Income ETFJPMorgan13.60%0.35%$42.8BMonthly
VNQVanguard Real Estate ETFVanguard3.68%0.13%$37.1BQuarterly
DVYiShares Select Dividend ETFiShares3.36%0.38%$23.1BQuarterly
VYMIVanguard International High Dividend Yield ETFVanguard3.17%0.07%$21.8BQuarterly
SDYSPDR S&P Dividend ETFState Street2.57%0.35%$21.1BQuarterly
QQQINEOS Nasdaq-100 High Income ETFNEOS13.99%0.68%$14.5BMonthly
SPYINEOS S&P 500 High Income ETFNEOS12.07%0.68%$11.9BMonthly
FDVVFidelity High Dividend ETFFidelity Investments3.35%0.15%$10.3BQuarterly
IGFiShares Global Infrastructure ETFiShares2.96%0.37%$10.2BSemi-Annual
EZUiShares MSCI Eurozone ETFiShares3.61%0.50%$9.5BSemi-Annual
IDViShares International Select Dividend ETFiShares4.85%0.50%$8.6BQuarterly
QYLDGlobal X Nasdaq 100 Covered Call ETFGlobal X11.83%0.60%$8.3BMonthly
FDLFirst Trust Morningstar Dividend Leaders Index FundFirst Trust3.70%0.43%$7.9BQuarterly
FVDFirst Trust Value Line Dividend Index FundFirst Trust2.40%0.62%$7.9BQuarterly
DIVOAmplify CWP Enhanced Dividend Income ETFAmplify ETFs4.94%0.56%$7.8BMonthly
SPYDSPDR Portfolio S&P 500 High Dividend ETFState Street4.56%0.07%$7.4BQuarterly
LVHIFranklin International Low Volatility High Dividend Index ETFFranklin Templeton3.42%0.40%$5.9BQuarterly
GPIXGoldman Sachs S&P 500 Core Premium Income ETFGoldman Sachs8.56%0.29%$5.7BMonthly
GPIQGoldman Sachs Nasdaq-100 Core Premium Income ETFGoldman Sachs10.48%0.29%$5.7BMonthly
CGDGCapital Group Dividend Growers ETFCapital Group4.10%0.47%$5.7BQuarterly
DEMWisdomTree Emerging Markets High Dividend FundWisdomTree5.15%0.63%$4.2BQuarterly
RDVIFT Vest Rising Dividend Achievers Target Income ETFFirst Trust8.81%0.75%$3.7BMonthly
GCOWPacer Global Cash Cows Dividend ETFPacer3.73%0.60%$3.6BQuarterly
MLPXGlobal X MLP & Energy Infrastructure ETFGlobal X4.09%0.45%$3.6BQuarterly
XYLDGlobal X S&P 500 Covered Call ETFGlobal X8.94%0.60%$3.4BMonthly
SPHDInvesco S&P 500 High Dividend Low Volatility ETFInvesco5.25%0.30%$3.3BMonthly
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETFFirst Trust8.80%0.74%$3.3BMonthly
SCHYSchwab International Dividend Equity ETFSchwab4.39%0.08%$2.6BQuarterly
FTHIFirst Trust BuyWrite Income ETFFirst Trust9.01%0.75%$2.5BMonthly
HDEFXtrackers MSCI EAFE High Dividend Yield Equity ETFDWS2.73%0.09%$2.3BQuarterly
DIVBiShares Core Dividend ETFiShares2.53%0.05%$2.0BQuarterly
ACYNFT Vest Laddered Autocallable Barrier & Income ETFFirst Trust9.98%0.75%$2.0BMonthly
CSHINEOS Enhanced Income 1-3 Month T-Bill ETFNEOS4.99%0.38%$1.8BMonthly
QDPLPacer Metaurus US Large Cap Dividend Multiplier 400 ETFPacer5.27%0.60%$1.8BMonthly
TLTWiShares 20+ Year Treasury Bond BuyWrite Strategy ETFiShares7.49%0.35%$1.8BMonthly
DGSWisdomTree Emerging Markets SmallCap Dividend FundWisdomTree5.25%0.58%$1.7BQuarterly
FGDFirst Trust Dow Jones Global Select Dividend Index FundFirst Trust5.96%0.55%$1.6BQuarterly
BKGIBNY Mellon Global Infrastructure Income ETFBNY Mellon5.26%0.55%$1.6BQuarterly
DHSWisdomTree U.S. High Dividend FundWisdomTree3.28%0.38%$1.6BMonthly
RDIVInvesco S&P Ultra Dividend Revenue ETFInvesco3.52%0.39%$1.5BQuarterly
IDVOAmplify International Enhanced Dividend Income ETFAmplify ETFs6.12%0.65%$1.4BMonthly
SDOGALPS Sector Dividend Dogs ETFALPS3.59%0.36%$1.4BQuarterly
BALIiShares Blackrock Advantage Large Cap Income ETFiShares7.46%0.35%$1.4BMonthly
RYLDGlobal X Russell 2000 Covered Call ETFGlobal X12.60%0.60%$1.4BMonthly
CAIECalamos Autocallable Income ETFCalamos Investments14.11%0.74%$1.3BMonthly
IWMINEOS Russell 2000 High Income ETFNEOS14.58%0.68%$1.3BMonthly
DVYEiShares Emerging Markets Dividend ETFiShares7.44%0.49%$1.2BQuarterly
ISPYProShares S&P 500 High Income ETFProShares5.79%0.56%$1.2BMonthly

Frequently asked questions

What are the best high dividend ETFs?

This page lists the top 50 ETFs in this category ranked by key metrics. The list includes funds from issuers like Schwab, JPMorgan, Vanguard, iShares and more.

How often is this list updated?

The data on this page is refreshed regularly using the latest available distribution rates, expense ratios, and AUM figures. Last updated September 2026.

What is the average yield of these ETFs?

The average distribution yield across the 50 ETFs on this list is 6.37%. Individual yields range from 2.40% to 14.58%.

What counts as a high dividend ETF?

There is no official definition, but in practice it means a fund whose yield is well above the broad market's — the S&P 500 has recently yielded roughly 1-1.5%, so this list requires at least a 2.4% distribution rate. Classic examples include SCHD, VYM, SPYD, and DVY, along with diversified covered-call funds like JEPI that push payouts higher using options premium.

How is this list different from the high-yield ETF list?

The high-yield list ranks every ETF paying 8% or more by raw distribution rate, so single-stock option funds with very large — and often unsustainable — payouts dominate the top. This page inverts that approach: it screens for established, diversified, low-cost dividend funds first, caps yields at 15%, and ranks by fund size. Same goal (income), opposite starting point (quality).

Are covered call ETFs like JEPI really high dividend ETFs?

They pay large, regular distributions, so most income investors treat them as part of the category — but the income source differs. A traditional dividend ETF passes through cash dividends paid by profitable companies; a covered call ETF generates most of its distribution by selling options against its holdings, which caps upside in strong rallies and can include return of capital. Both can fit an income portfolio; they just behave differently.

Explore more

This list screens for quality first. If the goal is the biggest possible payout instead, the high-yield list ranks every ETF paying 8% or more — alongside the risk context those numbers deserve.

Learn the method

The metrics and risks behind this list, explained in the Academy.

From the blog

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