Dividend ETFs continue to attract income-focused investors, yet not all options are the same. Using Tipranks’ tool for high-dividend yield ETFs, three options stand out: the Global X MSCI SuperDividend EAFE ETF (EFAS), the First Trust Dow Jones Global Select Dividend Index Fund (FGD), and the Global X SuperDividend ETF (SDIV). These funds strike a decent balance between high yield and moderate costs.
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To provide some background, a dividend ETF (Exchange-Traded Fund) is essentially a fund that includes a collection of shares from companies that pay dividends, similar to regular stocks.
Tipranks Simplifies Dividend Investing
Tipranks provides various resources to help investors discover and monitor dividend opportunities aligning with their goals. Their best dividend stock list showcases top-paying companies along with useful comparative metrics. Additionally, dividend calendars make it easy for investors to track upcoming payments so they can time their purchases appropriately to qualify for distributions.
If you’re keen on ETFs, Tipranks also presents robust comparison features. Their ETF comparison tool enables investors to evaluate funds on criteria such as assets under management, expense ratios, technology, and dividend analysis.
Global X MSCI SuperDividend EAFE ETF (EFAS)
The Global X MSCI SuperDividend EAFE ETF focuses on delivering strong dividends through international equities in developed markets outside North America. The aim is to track MSCI EAFE’s Top 50 Dividend Index, which selects companies based on high dividend yields.
Notably, EFAS has an expense ratio of 0.56%, meaning lower ownership costs, which can help investors keep more of their returns.
EFAS distributes a monthly dividend of $0.072 per share, translating to a yield of 5.04%. It holds 51 securities with total assets valued at $31.6 million.
First Trust Dow Jones Global Select Dividend Index Fund (FGD)
The First Trust Dow Jones Global Select Dividend Index Fund caters to those looking for strong income through elevated dividend yields. By tracking the Dow Jones Global Select Dividend Index, FGD selects the best dividend-paying stocks with worldwide exposure.
FGD pays out a quarterly dividend of $0.491 per share, reflecting a 4.5% yield, and has an expense ratio of 0.56%. This fund consists of 100 holdings and has total assets of $992.5 million.
Global X SuperDividend ETF (SDIV)
The Global X SuperDividend ETF follows the Stuttgart Solactive AG Global SuperDividend (USD) indexes. SDIV’s goal is to offer strong income through a diverse mix of some of the highest-yielding stocks globally.
SDIV pays a monthly dividend of $0.19 per share, showcasing a yield of 9.64%, while its expense ratio sits at 0.58%. This ETF holds 100 shares with assets totaling $989.55 million, and the top 10 holdings account for 16.5% of its portfolio.
