Best Of
Best S&P 500 Dividend ETFs in 2026
ETFs that track the S&P 500 or its subsets while generating dividend income.
Data updated May 2026 · 30 ETFs
Who this page is for
Best for
- Investors wanting broad US large-cap exposure paired with steady income
- Core positions in diversified taxable or retirement accounts
- Long-term holders who prioritize simplicity, high liquidity, and low cost
Not a fit for
- Investors needing higher current yield than the 1-2% natural S&P 500 dividend
- Those seeking concentrated thematic or single-sector exposure
- Speculative short-term traders
Analysis
This category spans S&P 500-oriented equity ETFs, ranging from pure index trackers to equal-weight and growth-tilted strategies. The dominant issuers among the funds shown above are Vanguard, BlackRock, and State Street, which together control the largest share of assets, reflecting the long-standing institutional preference for low-cost, passive S&P 500 exposure. With 30 total funds and an average yield of 2.71%, the broader category likely includes higher-yielding dividend-focused strategies beyond the top 10 shown here — where growth-tilted and plain index funds keep yields modest.
- VOO and IVV share the highest yield among the top 10 shown at 1.06%, both carrying an expense ratio of just 0.03%, making them among the most cost-efficient options in this group.
- SPLG edges out slightly with the highest yield in the top 10 at 1.12% while matching SPYM's category-low expense ratio of 0.02%.
- AUM concentration is striking: VOO alone holds $1,600.2B, nearly double IVV's $797.5B and more than 16x the assets of RSP.
- RSP, the equal-weight alternative, delivers the highest yield among the non-growth funds shown at 1.55%, but at a higher cost of 0.20% — illustrating a yield-vs-cost tradeoff worth evaluating.
- Growth-tilted funds IVW and SPYG yield just 0.38% and 0.48% respectively, underscoring how a growth tilt can significantly compress income.
Investors should be aware that the top 10 shown here skew toward broad index and growth funds, while the full 30-fund category average yield of 2.71% suggests meaningfully higher-yielding options exist further down the list. Market-cap concentration in the S&P 500 itself, interest rate sensitivity, and the tradeoff between income and total return are all key considerations for income-oriented investors evaluating this space.
AI-generated analysis — AI can make mistakes. Verify important information independently. Not investment advice. Learn more
Top picks
Top 3 S&P 500 dividend ETFs by assets under management.
Yield distribution
Expense ratio distribution
Income projection
Estimated annual, monthly, and weekly income based on the average yield of 2.71% across these 30 ETFs. For illustration only—actual income will vary.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $271 | $23 | $5 |
| $25,000 | $678 | $56 | $13 |
| $50,000 | $1,356 | $113 | $26 |
| $100,000 | $2,711 | $226 | $52 |
Issuer breakdown
Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.
All 30 ETFs
| Ticker | Name | Issuer | Yield | Expense ratio | AUM | Frequency |
|---|---|---|---|---|---|---|
| VOO | Vanguard S&P 500 ETF | Vanguard | 1.06% | 0.03% | $1600.2B | Quarterly |
| VFIAX | Vanguard 500 Index Fund Admiral Shares | Vanguard | 1.05% | 0.04% | $1533.2B | Quarterly |
| IVV | iShares Core S&P 500 ETF | BlackRock | 1.06% | 0.03% | $797.5B | Quarterly |
| SPY | SPDR S&P 500 ETF Trust | State Street | 1.00% | 0.09% | $735.1B | Quarterly |
| SPYM | SPDR Portfolio S&P 500 ETF | State Street | 1.06% | 0.02% | $117.7B | Quarterly |
| SPLG | SPDR Portfolio S&P 500 ETF | State Street | 1.12% | 0.02% | $97.3B | Quarterly |
| VXF | Vanguard Extended Market ETF | Vanguard | 1.07% | 0.05% | $89.9B | Quarterly |
| RSP | Invesco S&P 500® Equal Weight ETF | Invesco | 1.55% | 0.20% | $86.4B | Quarterly |
| IVW | iShares S&P 500 Growth ETF | BlackRock | 0.38% | 0.18% | $70.3B | Quarterly |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | State Street | 0.48% | 0.04% | $49.5B | Quarterly |
| IVE | iShares S&P 500 Value ETF | BlackRock | 1.50% | 0.18% | $49.4B | Quarterly |
| SPYV | State Street SPDR Portfolio S&P 500 Value ETF | State Street | 1.70% | 0.04% | $33.7B | Quarterly |
| VOOG | Vanguard S&P 500 Growth ETF | Vanguard | 0.48% | 0.07% | $24.2B | — |
| SPMO | Invesco S&P 500 Momentum ETF | Invesco | 0.73% | 0.13% | $16.0B | Quarterly |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | ProShares | 2.05% | 0.35% | $11.3B | Quarterly |
| XLG | Invesco S&P 500 Top 50 ETF | Invesco | 0.62% | 0.20% | $10.7B | Quarterly |
| BUFR | FT Vest Laddered Buffer ETF | First Trust | — | 0.95% | $9.3B | Annual |
| SPYI | NEOS S&P 500 High Income ETF | NEOS | 12.09% | 0.68% | $9.2B | Monthly |
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | State Street | 4.22% | 0.07% | $7.4B | Quarterly |
| VOOV | Vanguard S&P 500 Value ETF | Vanguard | 1.72% | 0.07% | $6.5B | — |
| UPRO | ProShares UltraPro S&P500 | ProShares | 0.68% | 0.89% | $4.7B | Quarterly |
| GPIX | Goldman Sachs S&P 500 Core Premium Income ETF | Goldman Sachs | 8.30% | 0.29% | $3.7B | Monthly |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | First Trust | 8.72% | 0.74% | $3.4B | Monthly |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | Invesco | 4.99% | 0.30% | $3.3B | Monthly |
| XYLD | Global X S&P 500 Covered Call ETF | Global X | 10.23% | 0.60% | $3.1B | Monthly |
| BALT | Innovator Defined Wealth Shield ETF | Innovator ETFs | — | 0.69% | $2.4B | Quarterly |
| FTHI | First Trust BuyWrite Income ETF | First Trust | 8.95% | 0.76% | $2.2B | Monthly |
| BUFD | FT Vest Laddered Deep Buffer ETF | First Trust | — | 0.95% | $1.8B | Annual |
| PJAN | Innovator U.S. Equity Power Buffer ETF - January | Innovator ETFs | — | 0.79% | $1.6B | Annual |
| QDPL | Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | Pacer | 4.52% | 0.60% | $1.6B | Quarterly |
Frequently asked questions
What are the best s&p 500 dividend ETFs?
This page lists the top 30 ETFs in this category ranked by key metrics. The list includes funds from issuers like Vanguard, BlackRock, State Street 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 May 2026.
What is the average yield of these ETFs?
The average distribution yield across the 30 ETFs on this list is 2.71%. Individual yields range from 4.52% to 1.06%.
What's the difference between SPY, VOO, and IVV?
All three track the S&P 500 index and deliver nearly identical returns. The main differences are expense ratio (VOO and IVV at 0.03% vs SPY at 0.09%), fund structure (SPY is a unit investment trust), and trading volume (SPY is the most liquid ETF in the world). For long-term dividend investors, VOO or IVV are typically preferred for their lower costs.
Can I get higher yield from the S&P 500?
Yes. Covered call ETFs on the S&P 500 (like XYLD) boost yield by selling options on the index. Alternatively, dividend-weighted S&P 500 ETFs filter for only the highest-yielding constituents, offering yields of 3-5% from equity dividends alone.
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Go deeper
Use the ETF Screener to filter, sort, and compare any dividend ETF.