Dividend ETFs are popular with income-focused investors, but some stand out more than others. Using TipRanks’ High Dividend Yield ETFs tool, we identified three funds offering yields above 8%: the Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ), the Global X SuperDividend ETF (SDIV), and the JPMorgan Equity Premium Income ETF (JEPI).
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For context, a dividend ETF (Exchange-Traded Fund) is a fund that holds a basket of dividend-paying stocks and trades on an exchange like a regular stock. Let’s take a look at these ETFs in detail.
Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ)
GPIQ offers exposure to top Nasdaq-100 companies while targeting both growth and income, using Goldman Sachs’ flexible covered-call strategy to generate steady income and participate in market upside.
GPIQ offers a compelling high dividend yield of about 9.8%. The ETF pays monthly dividends of $0.466 per share. It also carries a low expense ratio of 0.29%, helping investors keep more capital invested for long-term compounding.
In terms of holdings, GPIQ gains from the strong performance of top tech companies. Currently, GPIQ holds 103 stocks with total assets worth $2.97 billion. Its top 3 holdings are Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT).
Global X SuperDividend ETF (SDIV)
The Global X SuperDividend ETF stands out as a top dividend ETF, providing investors with strong passive income potential. SDIV tracks the Solactive Global SuperDividend Index. The fund carries an expense ratio of 0.58%.
Meanwhile, SDIV pays a monthly dividend of $0.19 per share, reflecting an 8.97% yield. The ETF holds 99 stocks with total assets of $1.21 billion, with its top 10 holdings accounting for 16.56% of the portfolio.
JPMorgan Equity Premium Income ETF (JEPI)
The JPMorgan Equity Premium Income ETF is a unique fund that gives investors exposure to large-cap stocks while focusing on generating income. The fund carries a low expense ratio of 0.35%.
Meanwhile, JEPI pays a monthly dividend of $0.344 per share, reflecting an 8.15% yield. The ETF holds 111 stocks with total assets of $43.16 billion, with its top 10 holdings accounting for 18.28% of the portfolio. Top three holdings are Johnson & Johnson (JNJ), Alphabet (GOOGL), and Analog Devices (ADI).
