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Dividend Vision

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 July 2026 · 30 ETFs

ETFs listed30
Avg yield2.51%
Avg expense ratio0.32%

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

S&P 500 dividend ETFs give investors exposure to America's 500 largest companies while generating income. The plain-vanilla approach (SPY, VOO, IVV) yields a modest 1-2% from the natural dividends of index constituents. For investors wanting more, covered call variants write options against the S&P 500 to boost yields significantly. And for dividend-focused investors, filtered versions select only the highest-yielding or most reliable dividend payers within the S&P 500. These funds combine the stability and brand recognition of the world's most-watched index with varying levels of income generation to suit different investor goals.

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Top picks

Top 3 S&P 500 dividend ETFs by assets under management.

Yield distribution

0-2%222-5%45-8%08-12%212%+2

Expense ratio distribution

0-0.20%150.20-0.50%80.50-0.75%20.75-1.00%41.00%+1

Income projection

Estimated income if the current average distribution rate of 2.51% 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.

InvestmentAnnual incomeMonthly incomeWeekly income
$10,000$251$21$5
$25,000$627$52$12
$50,000$1,253$104$24
$100,000$2,506$209$48

Issuer breakdown

Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.

Invesco8
State Street6
Vanguard4
iShares3
ProShares3
First Trust2
NEOS1
Direxion1

All 30 ETFs

Ticker Name Issuer Yield Expense ratio AUM Frequency
VOOVanguard S&P 500 ETFVanguard1.15%0.03%$985.1BQuarterly
IVViShares Core S&P 500 ETFiShares1.07%0.03%$880.3BQuarterly
SPYSPDR S&P 500 ETF TrustState Street1.03%0.10%$784.6BQuarterly
SPYMSPDR Portfolio S&P 500 ETFState Street1.09%0.02%$157.4BQuarterly
SPLGSPDR Portfolio S&P 500 ETFState Street1.18%0.02%$97.3BQuarterly
RSPInvesco S&P 500® Equal Weight ETFInvesco1.53%0.20%$96.8BQuarterly
IVWiShares S&P 500 Growth ETFiShares0.37%0.18%$73.3BQuarterly
SPYGState Street SPDR Portfolio S&P 500 Growth ETFState Street0.51%0.04%$51.3BQuarterly
IVEiShares S&P 500 Value ETFiShares1.57%0.18%$48.9BQuarterly
SPYVState Street SPDR Portfolio S&P 500 Value ETFState Street1.74%0.04%$36.1BQuarterly
VXFVanguard Extended Market ETFVanguard0.94%0.06%$30.7BQuarterly
VOOGVanguard S&P 500 Growth ETFVanguard0.43%0.10%$25.7BQuarterly
SPMOInvesco S&P 500 Momentum ETFInvesco0.68%0.13%$21.0BQuarterly
SPHQInvesco S&P 500 Quality ETFInvesco0.97%0.15%$19.4BQuarterly
NOBLProShares S&P 500 Dividend Aristocrats ETFProShares2.15%0.35%$11.6BQuarterly
SPYINEOS S&P 500 High Income ETFNEOS12.02%0.68%$10.7BMonthly
XLGInvesco S&P 500 Top 50 ETFInvesco0.77%0.20%$10.6BQuarterly
BUFRFT Vest Laddered Buffer ETFFirst Trust1.05%$10.1BNone
RWLInvesco S&P 500 Revenue ETFInvesco1.21%0.39%$9.5BQuarterly
SSOProShares Ultra S&P500ProShares0.77%0.91%$7.9BQuarterly
SPYDSPDR Portfolio S&P 500 High Dividend ETFState Street4.42%0.07%$7.6BQuarterly
SPLVInvesco S&P 500® Low Volatility ETFInvesco2.23%0.25%$7.2BMonthly
SPXLDirexion Daily S&P500 Bull 3X SharesDirexion0.79%0.91%$6.7BQuarterly
VOOVVanguard S&P 500 Value ETFVanguard1.66%0.10%$6.6BQuarterly
RSPTInvesco S&P 500 Equal Weight Technology ETFInvesco0.29%0.40%$5.6BQuarterly
UPROProShares UltraPro S&P500ProShares0.86%0.92%$5.2BQuarterly
GPIXGoldman Sachs S&P 500 Core Premium Income ETFGoldman Sachs8.59%0.29%$4.8BMonthly
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETFFirst Trust8.21%0.75%$3.4BMonthly
SPHDInvesco S&P 500 High Dividend Low Volatility ETFInvesco4.92%0.30%$3.4BMonthly
XYLDGlobal X S&P 500 Covered Call ETFGlobal X12.03%0.60%$3.2BMonthly

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, iShares, 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 July 2026.

What is the average yield of these ETFs?

The average distribution yield across the 30 ETFs on this list is 2.51%. Individual yields range from 12.03% to 1.15%.

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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