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 June 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 brings together S&P 500-oriented ETFs spanning core index trackers, growth tilts, value tilts, and equal-weight strategies — all united by their exposure to large-cap U.S. equities. The dominant issuers among the funds shown above are Vanguard, iShares, and State Street, whose flagship products account for the overwhelming majority of assets in this space. With 30 total ETFs and a category average yield of 2.46%, the top 10 by AUM skew notably below that average, reflecting how heavily the largest funds are weighted toward broad market or growth exposure rather than dividend-focused mandates.
- VOO and IVV share the lowest expense ratio among the funds shown above at 0.03%, while SPYM edges even lower at 0.02%, making it the most cost-efficient fund in this top 10.
- AUM concentration is striking: VOO ($1,033.5B), IVV ($832.9B), and SPY ($783.1B) together dwarf the remaining seven funds in the top 10 combined.
- Among value-tilted funds shown above, SPYV delivers the highest yield at 1.77% with a lean expense ratio of 0.04%, compared to IVE's 1.59% yield at 0.18%.
- IVW carries the lowest yield in the top 10 at 0.38%, illustrating the income tradeoff inherent in growth-oriented S&P 500 strategies.
Investors in this category should be aware that the category average yield of 2.46% is pulled upward by funds outside this top 10 — likely those employing options overlays or dividend-screen strategies. The spread between growth and value sub-strategies is meaningful for income-oriented investors, and expense ratio differences, while small in absolute terms, compound significantly over long holding periods given the enormous AUM involved.
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 2.46% across these 30 ETFs. For illustration only—actual income will vary.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $246 | $21 | $5 |
| $25,000 | $615 | $51 | $12 |
| $50,000 | $1,231 | $103 | $24 |
| $100,000 | $2,461 | $205 | $47 |
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 | 1.17% | 0.03% | $1033.5B | Quarterly |
| IVV | iShares Core S&P 500 ETF | iShares | 1.09% | 0.03% | $832.9B | Quarterly |
| SPY | SPDR S&P 500 ETF Trust | State Street | 1.04% | 0.10% | $783.1B | Quarterly |
| SPYM | SPDR Portfolio S&P 500 ETF | State Street | 1.11% | 0.02% | $148.1B | Quarterly |
| RSP | Invesco S&P 500® Equal Weight ETF | Invesco | 1.54% | 0.20% | $91.1B | Quarterly |
| IVW | iShares S&P 500 Growth ETF | iShares | 0.38% | 0.18% | $73.0B | Quarterly |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | State Street | 0.52% | 0.04% | $51.4B | Quarterly |
| IVE | iShares S&P 500 Value ETF | iShares | 1.59% | 0.18% | $47.8B | Quarterly |
| SPYV | State Street SPDR Portfolio S&P 500 Value ETF | State Street | 1.77% | 0.04% | $35.2B | Quarterly |
| VXF | Vanguard Extended Market ETF | Vanguard | 0.92% | 0.06% | $30.6B | Quarterly |
| VOOG | Vanguard S&P 500 Growth ETF | Vanguard | 0.44% | 0.10% | $25.6B | Quarterly |
| SPMO | Invesco S&P 500 Momentum ETF | Invesco | 0.64% | 0.13% | $20.3B | Quarterly |
| SPHQ | Invesco S&P 500 Quality ETF | Invesco | 0.94% | 0.15% | $18.7B | Quarterly |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | ProShares | 2.16% | 0.35% | $11.4B | Quarterly |
| XLG | Invesco S&P 500 Top 50 ETF | Invesco | 0.79% | 0.20% | $11.1B | Quarterly |
| BUFR | FT Vest Laddered Buffer ETF | First Trust | — | 1.05% | $9.7B | Annual |
| RWL | Invesco S&P 500 Revenue ETF | Invesco | 1.23% | 0.39% | $9.3B | Quarterly |
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | State Street | 4.47% | 0.07% | $7.5B | Quarterly |
| SSO | ProShares Ultra S&P500 | ProShares | 0.80% | 0.91% | $7.5B | Quarterly |
| SPLV | Invesco S&P 500® Low Volatility ETF | Invesco | 2.18% | 0.25% | $6.9B | Monthly |
| VOOV | Vanguard S&P 500 Value ETF | Vanguard | 1.68% | 0.10% | $6.4B | Quarterly |
| SPYI | NEOS S&P 500 High Income ETF | NEOS | 12.26% | 0.68% | $6.2B | Monthly |
| SPXL | Direxion Daily S&P500 Bull 3X Shares | Direxion | 0.83% | 0.91% | $6.2B | Quarterly |
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | Invesco | 0.28% | 0.40% | $5.5B | Quarterly |
| UPRO | ProShares UltraPro S&P500 | ProShares | 0.90% | 0.92% | $5.1B | Quarterly |
| GPIX | Goldman Sachs S&P 500 Core Premium Income ETF | Goldman Sachs | 8.74% | 0.29% | $4.4B | Monthly |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | First Trust | 8.21% | 0.75% | $3.4B | Monthly |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | Invesco | 4.89% | 0.30% | $3.3B | Monthly |
| XYLD | Global X S&P 500 Covered Call ETF | Global X | 10.15% | 0.60% | $3.2B | Monthly |
| SNPE | Xtrackers S&P 500 Scored & Screened ETF | DWS | 1.11% | 0.10% | $2.8B | 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, 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 June 2026.
What is the average yield of these ETFs?
The average distribution yield across the 30 ETFs on this list is 2.46%. Individual yields range from 1.11% to 1.17%.
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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