5 Dividend Powerhouses: What Is The Best Dividend ETF for Reliable Income

Dividend investing is one of the most time-tested methods for building long-term wealth. Many people choose dividend-paying stocks because of the yield and the dividend they receive for being a share owner.

The problem is the need for more diversification instead of just owning a couple of dividend stocks. That is where a qualified dividend ETF can help smooth those rocky times in the market.

What Is The Best Dividend ETF?

SCHD has been a hit with investors. Schwab created it at the end of 2011 as the bull market began. SCHD tracks the Dow Jones Industrial 100 Dividend Index.

SCHD: Schwab Us Dividend Equity ETF

VYM is another great dividend ETF many people flock to add to their portfolios. VYM is a Vanguard ETF that tracks the FTSE High Dividend Yield Index. VYM’s primary goal is to be a fund comprised of high dividend-paying stocks.

VYM: Vanguard High Dividend Yield ETF

VIG is another great Vanguard ETF that tracks the S&P Dividend Growers Index. Its primary goal is to have a large-cap dividend-growing company portfolio that increases its dividends yearly.

VIG: Vanguard Dividend Appreciation Index Fund ETF

SPHD is a dividend ETF that tracks the S&P 500 Low Volatility High Dividend Index. It is composed of 50 stocks that have a history of high dividends and low volatility.

SPHD: Invesco S&P 500 High Div Low Volatility ETF

HDV is an iShares dividend ETF that tracks an index composed of relatively high dividend-paying U.S. equities. It is comprised of 75 dividend-paying stocks that have a higher concentration in the energy and healthcare sectors, which makes up more than half of the portfolio.

HDV: iShares Core High Dividend ETF

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