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 August 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
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.
Risks specific to this category
- Single-index dependence: most funds here are built on the same S&P 500 exposure, so they rise and fall together and share that index's concentration in its largest constituents — holding several of them does not diversify the underlying index risk.
- 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.
- Screens react after the fact: a fund's place in this list is re-rated only once a dividend cut, strategy change, or asset decline has already shown up in the reported data.
See this list inside your portfolio
A ranked list is a starting point. Dividend Vision turns it into a plan — forecasting the income your holdings actually generate and putting each fund's yield next to its total return and risk.
- Income forecasting — know what your holdings pay monthly, quarterly, and yearly
- Yield vs. total return — weigh each distribution against price performance, not the headline rate
- Screen & compare — line up any income ETFs side by side on yield, cost, and strategy
- Portfolio risk — see income concentration, issuer overlap, and volatility across your holdings
- AI ETF comparison — ask plain-language questions to compare yield, risk, and income potential
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Top picks
Top 3 S&P 500 dividend ETFs by assets under management.
Yield distribution
Expense ratio distribution
Income projection
Estimated income if the current average distribution rate of 2.41% 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.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $241 | $20 | $5 |
| $25,000 | $603 | $50 | $12 |
| $50,000 | $1,206 | $100 | $23 |
| $100,000 | $2,412 | $201 | $46 |
Issuer breakdown
Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.
How this list is built
"Best" here means the selection rule below, applied to our own data — not an opinion poll and not a prediction:
- Universe: every security in our database matching this category — 198 qualified as of August 2026.
- Exclusions: liquidated, delisted and renamed funds drop out automatically; a renamed fund's successor appears in its place.
- Ordering: assets under management, largest first.
- Cap: the top 30 are shown; 168 further matching funds are not listed here. Use the screener for the complete set.
- Independence: no placement on this page is paid, sponsored, or influenced by a fund issuer.
All 30 ETFs
| Ticker | Name | Issuer | Yield | Expense ratio | AUM | Frequency |
|---|---|---|---|---|---|---|
| VOO | Vanguard S&P 500 ETF | Vanguard | 1.11% | 0.03% | $1045.4B | Quarterly |
| IVV | iShares Core S&P 500 ETF | iShares | 1.03% | 0.03% | $905.5B | Quarterly |
| SPY | SPDR S&P 500 ETF Trust | State Street | 0.99% | 0.09% | $824.0B | Quarterly |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | State Street | 1.05% | 0.02% | $157.4B | Quarterly |
| RSP | Invesco S&P 500® Equal Weight ETF | Invesco | 1.47% | 0.20% | $98.8B | Quarterly |
| IVW | iShares S&P 500 Growth ETF | iShares | 0.36% | 0.18% | $77.8B | Quarterly |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | State Street | 0.48% | 0.04% | $55.6B | Quarterly |
| IVE | iShares S&P 500 Value ETF | iShares | 1.52% | 0.18% | $50.4B | Quarterly |
| SPYV | State Street SPDR Portfolio S&P 500 Value ETF | State Street | 1.69% | 0.04% | $36.9B | Quarterly |
| VXF | Vanguard Extended Market ETF | Vanguard | 0.89% | 0.05% | $32.4B | Quarterly |
| VOOG | Vanguard S&P 500 Growth ETF | Vanguard | 0.41% | 0.07% | $27.5B | Quarterly |
| SPMO | Invesco S&P 500 Momentum ETF | Invesco | 0.63% | 0.13% | $21.7B | Quarterly |
| SPHQ | Invesco S&P 500 Quality ETF | Invesco | 0.93% | 0.15% | $20.1B | Quarterly |
| DLCU | Dimensional U.S. Large Company ETF | Dimensional | — | 0.06% | $14.3B | Quarterly |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | ProShares | 2.10% | 0.35% | $12.0B | Quarterly |
| SPYI | NEOS S&P 500 High Income ETF | NEOS | 11.72% | 0.68% | $11.4B | Monthly |
| XLG | Invesco S&P 500 Top 50 ETF | Invesco | 0.75% | 0.20% | $10.9B | Quarterly |
| BUFR | FT Vest Laddered Buffer ETF | First Trust | — | 0.95% | $10.4B | None |
| RWL | Invesco S&P 500 Revenue ETF | Invesco | 1.17% | 0.39% | $10.1B | Quarterly |
| SSO | ProShares Ultra S&P500 | ProShares | 0.72% | 0.87% | $8.6B | Quarterly |
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | State Street | 4.36% | 0.07% | $7.8B | Quarterly |
| SPXL | Direxion Daily S&P500 Bull 3X Shares | Direxion | 0.71% | 0.84% | $7.2B | Quarterly |
| SPLV | Invesco S&P 500® Low Volatility ETF | Invesco | 2.24% | 0.25% | $7.2B | Monthly |
| VOOV | Vanguard S&P 500 Value ETF | Vanguard | 1.61% | 0.07% | $6.8B | Quarterly |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | Invesco | 0.26% | 0.40% | $5.9B | Quarterly |
| UPRO | ProShares UltraPro S&P500 | ProShares | 0.77% | 0.89% | $5.8B | Quarterly |
| GPIX | Goldman Sachs S&P 500 Core Premium Income ETF | Goldman Sachs | 8.33% | 0.29% | $5.5B | Monthly |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | First Trust | 8.38% | 0.74% | $3.5B | Monthly |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | Invesco | 4.89% | 0.30% | $3.5B | Monthly |
| XYLD | Global X S&P 500 Covered Call ETF | Global X | 11.78% | 0.60% | $3.3B | Monthly |
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, Invesco 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 August 2026.
What is the average yield of these ETFs?
The average distribution yield across the 30 ETFs on this list is 2.41%. Individual yields range from 0.26% to 11.78%.
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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