Dividend ETFs continue to attract income-seeking investors, but some options stand out more than others. Based on TipRanks’ High Dividend Yield ETFs tool, three funds currently offer yields above 9%: J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ), Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ), and Global X SuperDividend ETF (SDIV).
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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.
J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ)
J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) gives investors exposure to large, well-known Nasdaq companies while aiming for steady income. The ETF has a 0.35% expense ratio.
JEPQ offers a 10.81% dividend yield, paying $0.559 per share monthly. The fund holds 94 stocks totaling $34.22 billion in assets. Its top three positions are Nvidia (NVDA), Apple (AAPL), and Alphabet (GOOGL).
Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ)
Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) provides exposure to top Nasdaq-100 companies while targeting both growth and income. It offers a 10.41% dividend yield, paying $0.432 per share monthly. It has a low 0.29% expense ratio, helping investors keep more capital invested for long-term growth.
In terms of holdings, GPIQ gains from the strong performance of top tech companies. Currently, GPIQ holds 103 stocks with total assets worth $3.05 billion. Its top 3 holdings are NVDA, AAPL, and Microsoft (MSFT).
Global X SuperDividend ETF (SDIV)
The Global X SuperDividend ETF stands out as a top dividend ETF because it offers a high yield of 9%, providing investors with strong passive income potential. It pays dividends of $0.19 per share monthly.
SDIV tracks the Solactive Global SuperDividend Index. The fund carries an expense ratio of 0.58%. The ETF holds 102 stocks with total assets of $1.25 billion.
