Best Dividend ETFs

DIVO, IDVO, QDVO

• These ETFs utilize a tactical covered call strategy, writing options on only 20-30% of their portfolio.
• DIVO has been around for nearly 10 years.
• User quote: "They seem to perform quite well."

SDIV

• Down 30% on the 5-year, with distributions steadily declining.
• User quote: "I would hesitate to recommend it."

Pros and Cons:

• DIVO, IDVO, QDVO:

  • [Pros] Tactical covered call strategy.
  • [Cons] Limited historical data for QDVO.

• SDIV:

  • [Pros] Established.
  • [Cons] Declining distributions, poor 5-year performance.

Other Mentioned ETFs

• PDI: Global bonds, 14% yield, around since 2007.
• XPAY: 21% yield, tax-efficient.
• CDX: Bonds at 10.54%.
• SPIN: 8.34% yield.
• IWMI: Russell at 13.94%.

User Recommendations

• SCHD: For sustainable dividend exposure.
• DGRO: ETF for long-term growth of both dividend and price appreciation.
• SPYI: For current high yield with moderate risk.
• OMAH, WTPI: User-favored ETFs.

Conclusion

Overall, when looking for the best dividend ETFs, consider factors such as historical performance, sustainability of yield, and risk tolerance. Evaluate total return over a longer time horizon rather than focusing solely on high yield. SCHD and DGRO are popular choices for dividend growth and stability.