ALL 61 Monthly Dividend ETFs Ranked | Best to Worst
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- Опубликовано: 19 сен 2024
- There are more than 600+ monthly dividend ETFs, where do you start? Right here because I’ve ranked the best monthly dividend funds from best to worst! Can’t wait a month for cash flow? Check out these 12 dividend stocks for cash EVERY Week! • 12 Dividend Stocks tha...
I’ll be ranking the funds in five categories ; highest dividend yield, highest returns, the best fund for stocks, the best for bonds and best overall so make sure you stick around to see that! I'll also share the entire list of 61 monthly dividend ETFs.
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Understand, I’m not highlighting every single monthly ETF. I’ll show you the data on the 61 ETFs I researched later but there are actually 612 dividend funds out there…but honestly…a lot of crap ETFs that I wouldn’t touch with free money, let alone with your hard-earned cash! Narrowing down that list of 600-plus dividend funds, I looked for four criteria and I wanted to share this because it’s a great start to narrowing down any list of exchange traded funds.
First the fund had to have assets under management of at least $50 million. The next criteria I used was an expense ratio under 0.7% annually. And even that is really high compared to some Vanguard or Fidelity funds that charge you just 0.1% to hold the investment.
One criteria you might not use on all ETFs but definitely for these, a dividend yield over 5%! Monthly-payers offer some of the highest dividends in the market so why settle for anything lower than the best? I also looked for at least two years of trading in the ETF. There has been an explosion in ETFs over the last two years and a lot of these managers just aren’t time tested.
What we got is a best of the best list of 61 monthly dividend funds to rank!
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#dividends #dividend #dividendinvesting
JEPI is basically a savings account in my eyes. I'm not expecting big growth, but I'm expecting not to lose my purchasing power. DIVO has been a solid all around and not mad about the money I put in.
Agree on both
the only two I own(in a Roth since they r not qualified) awesome!
JEPI and JEPQ
Why no QYLD
@@cameronvincent keeps falling but jepq is solid fund tht does same i believe
Well, you reinforced my analysis. After narrowing down to Jepi and SCHD I jumped on Jepi and am currently strengthening my postion. As a senior that yield is just too good to pass up.
Keep an eye on it. It's a relatively new fund and the common theme among all the high flyer dividend payers is that your principle evaporates as fast as the dividend checks roll in. They seem to be writing the calls too close to the money and don't get to fully participate when a stock's price spikes. JEPI may have an advantage by being actively managed, but like I said, it's too early to tell. Myself, I'll be waiting to see how they perform compared to their peers during the next bull market run.
What I've learned in researching these is that some of the more modest dividend payers (none mentioned in this video) pay a solid 4% or so but actually grow their equity instead of losing it. DIVO is one such example.
@@stevofromiowa That's the thing kinda nice about JEPI, is it's doing pretty good maintaining it's price. It took a hit in 2022 like almost everything else, but it's still up some from it's inception. Only time will tell.
@@GUNNER67akaKelt You might want to rethink that. Since I made that post, I've done some more research. It's sibling JEPIX (mutual fund that mirrors JEPI) has been on the market for about a year longer, debuting in August 2020... It has lost 9.1% of it's NAV. But with all dividends reinvested, it's return has averaged somewhere north of 4%
Looks like JEPI is going to be another one of those funds that churns off dividends and erodes principal.
From the looks of it, they seem to be relying on the synthetic covered calls for too much income. It gets killed when the market is volatile, even when volatile sideways.
I think the average person could simply buy a basket of quality stocks and sell covered puts and calls and beat any of these funds. Or better yet, stick 80-90% in good dividend payers and buy 2 year out LEAPS on beaten up names. That way your upside doesn't get capped and over the long term, and the LEAPS would probably earn you as much as the other 80-90%.
@@stevofromiowa I don't have any JEPI, so no skin off me. Last year took a lot of stocks into the toilet. It'll be interesting to see how they do this year. Things I look for in div stocks is a high yield and a price that at least maintains equilibrium. Growth is prefered of course. Options are beyond me, for the time being.
@@GUNNER67akaKelt I don't own any JEPI either. Div stocks are definitely the way to go if you want growth with less volatility. My point was that a fund holding the same stocks as JEPI without the calls would significantly outperform in all but a downward market.
I've waded into these ETFs because I ended up with a lump of cash from the sale of a property that I need to do something with. Just sharing what I've learned in case others are reading our comments. Best of luck.
My portfolio consists of Voo 40% schd 45% and 15% vug!
I have been buying JEPQ. I know it has no track record; but I want some exposure to the NASDAQ 100. I believe it will do just as well as JEPI.
I have both
It really depends on how long you plan on holding. JEPQ, being based on the NASDAQ, is going to go down further than JEPI. On the flip side, when things turn around, it should go UP more. So I've been putting a chunk into JEPQ, most of it AFTER the NASDAQ took it's big hit. If you think the markets are at the "top" of a cycle, invest in JEPI. At the bottom, invest in JEPQ.
I use an average of the monthly dividend payments thus far as my estimate of future dividends. Once I have my position in JEPQ where I want it (technically, it already is there, but I have to migrate 1/3 of it from my individual acct into my ROTH account), then I'll resume putting fundage into SCHD. I got burned on QYLD, the JEPx ETFs have (theoretically) the ability to capture more of the underlying appreciation than the xYLD ETFs. SCHD does a pretty good job of capturing the appreciation, although the dividend doesn't seem all that high to me. But then I think that the fundamental purpose of a public company SHOULD be to pay dividends.
@@johnsanford3596 NASDAQ stocks already took a really big hit in 2022; so that might be another reason to go with JEPQ vs JEPI.
However, there is always more downward potential...
JEPI has been my best investment ever. Bought a lump sum last year.
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course
DIVO is one of the best covered call ETFs for Total Return, Volatility, & Sharpe Ratio. It goes not make the Covered Call list just because Joseph is using 5%+ yield but DIVO has a 4.7% yield.
Agreed. DIVO smokes most covered call ETFs in regards to total return because it sells lower delta calls on hand picked stocks. The lower delta calls allow it to participate on more of the upside during bull market runs. His #2 pick SDIV has lost 61% of it's value over the last 5 years. An absolutely terrible pick. As for JEPI, it's too new to know if it's going to face a similar fate. It seems to have lagged DIVO in the Q4 run up. But by hand picking good stocks and selling calls against the individual equities, it should outperform QYLD and all the index based equivalents.
I've been studying these for about a month now, and there seems to be a correlation between the size of the dividend distribution and the overall long term performance...and not a good one. The high dividend payers seem better suited for certain points in the cycle rather than something you can buy and hold over the long term. But try convincing all these RUclips "investors" of that. LOL
100% agree. DIVI is my favorite
DIVO
@Steve Allen Jeez... just looked at SDIV chart. You right..how can anyone recommend that thing?
@@vladi6569 Maybe bots are recommending this bullshit etf
QYLD is a buy right now, its best to wait until 2 days after they pay the dividend to pick it up and make a quick 2 percent when you buy it.
Hello friend hit me for more insight and Advice 👌
When I do convert over to primarily needing yield more than growth, if Jepi is still performing the way it is now in the future, I'm sure it'll find a place in my portfolio.
I have a feeling that CB's are trying to destroy this narrative of growth. I think that value is the new king in town. I wouldn't expect to much help from CB's in the future, unless some black swans comes along. But if this happens we'll have other problems.
We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification.
Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Hi Joseph
I've been watching your videos for years and can't thank you enough for the time and energy of course your expert analysis. Are these spreadsheets available for downloading anywhere?
Thank you. Have a nice day
SCHD, VTV. and VYM
Woot woot, been waiting all day for this show!
My portfolio:
50% JEPI
50% QYLD
And i'm extremely happy 😁
How much have you invested
I barely have 1k both combined
You may feel differently about that after you start paying taxes on the yield you aren't spending.
This is a very valuable video for income investord. I wonder if now is likely a good time to get some of those given the 2022 steep losses
DIVO and JEPI are my biggest holdings. KNG is also good
same here , happy so far
When you look at the three-year returns, why would you buy any of these ETFs and why would you recommend them?
they're not for growth, they're for a retirement account like Roth IRA to get that monthly paycheck, and avoid irs taxes. same with REITs.
thank you. I do have some concerns with some of these ETFs. Primarily the ones that have done reverse splits like SLVO & GLDI. Others show little to no growth in their dividends. I do however like BSJP, BSJQ, PFF, and HYGH. I also hold JEPI. Thanks again. Love the channel.
This is exactly what I need so I could be lazy. I play a "game" where I invest $100 a week into a random monthly dividend ETF from a pool of 13 chosen each year based on performance. I am just going to go with your picks here and save a lot of time.
And to those who want to be critical of what I am doing, it's just for fun and only a fraction of what I invest.
Really great analysis! 💲💲💲
Any concern regarding credit Susie ETN since credit sizzle is collapsing?
I see that you like QYLD, RYLD and XYLD. I have owned all of them for the past year. I was surprised at the end of 2022 to discover that some of their dividend distributions are actually Return of Capital. What do you think of this practice and is it deceptive and actually harmful to my investment?
It's surprising that so many RUclipsrs don't mention ROC when discussing these funds. I think it's really important to understand.
Thank you for your informative and analytical videos. What are your thoughts on a couple of newer monthly payer EFTs: TLTW and LQDW. There is also one other ETF from the same family that invests in high-yield bonds. I currently own some TLTW and am looking to build a position in LQDW.
I love USOI! It hasn't been the greatest recently, but worth taking a look into.
Great video, a lot of work done so all of us do not have to... Thank you, Joseph!
✅joseph Hogue
Is the a dividend calculator that you can input the stock or ETF that would give your monthly/quarterly pay out? Love your channel, your information is so helpful. Th Al you 🙏
Great Channel! Been following for a year and some months. Can you cover how to invest in annuities, bonds, and mutual funds? Want to really diversify my portfolio. Thanks!
Probably a Dumb question but on these charts, is the total return the dividend yield plus the past returns? Or does the 1 and 3 year return figure already factor in the dividend yield? thanks
Now this is a title i been waiting for 😅
Schp is just too good to not own.
DIVO and JEPI are my favorites.
agree, own both and very happy
Great content, Thanks!
Is there any of this tradeable in Germany?
You left BXMX off the list. It’s a good one and deserves recognition.
Curious about why you would recommend SDIV when it’s been consistently losing value for years.
With the dividend it's a positive return though I wouldn't buy it over something like JEPI or SCHD
I guess I'm missing something. I own JEPI but when I take the dividend...multiply it by 12....then divide by the share price I get 6.5% yield. Everybody publishes 10 to 11% but the math doesn't support that claim.
Happy Hump Day, Mr. Hogue! 💜
Is the 3year return a price or total return? Thanks
Best investor
Divo is where it's at
Great video, Joseph. Thank you for your time and effort. Please add TLTW to your consideration list. TLTW is a 20+ year Treasury buy/write ETF managed by Black Rock with a low expense ratio and nearly 20% monthly dividend.
I also own ... TLTW
I joined Montley Fool for dividends stocks.I wish I seen this video first 👍
Very utilitarian compilation. It shows why these are not core investments and only useful as temporary 'parking' places.
these are for retirement accounts like Roth IRA for retirement to get a monthly payment, and don't get taxed by the irs. same with REITs.
I'm surprised to not see DIVO
His list only includes etf`s that pay over 5%. DIVO is great but pays a little less than 5%.
can you post that 61 funds list? Thanks!
Next video, pleae share when you think the share prices of stocks like QYLD, NUSI, and SDIV will recover.
Sdiv invest your money in another stock not worth a buy sold my shares two months ago all of it
What kind of portfolio would be best to hold JEPI, a Taxable account or Roth IRA? How is JEPI taxed?
I would say Roth or Traditional IRA. It is taxed usually as ordinary income.
Joseph: I'm wondering why you didn't mention JEPQ ... I own JEPI and JEPQ ~ God bless you!
It would be interesting to see you do a detailed analysis of SDIV. Critics say that it's just a dividend trap and will lose significant value over time because of the highly broad (and potentially risky) stock selection process. I wonder if part of the problem is comparing the performance of a global fund to the US markets pnly. Either way, I like the stock but I can't help but have this nagging feeling that it's actually not a good investment in the long run.
Like you mentioned, lots of global exposure in SDIV. Since inception, share price has dropped 69%, so keep that in mind when considering total returns. Also, like many global x etfs, it has kind of a high expense ratio for my liking. I can't say I know enough to know if it's a yield trap, but it kind of seems like a bit of an uphill battle to get value out of it. Might be good if someone is purely looking for income, but I would rather go with other options.
I also own ... SDIV
What about SCHD ?
Why do you like SDIV so much?
I have a dumb question re: Robinhood and its charts. Just using BSJP for example, the past value and trajectory of the stock is different on Robinhood. I use TrackYourDividends to keep track of, well, dividends and they show the share price of BSJP (just as an example) as trending upward for the last 5 years whereas RH shows it losing value. What am i missing (other than I should get a different platform for my account)?
Your focusing on dividends and not on growth,doesn’t pay for high dividends when your principal is declining
Good afternoon All!
sdiv probably the worst on the list I had that fund years ago
USOI
40+ percent 😎
Thank you. This was fantastic
Uhh, is there something wrong with USOI??
No USOI? It actually has the highest monthly dividend, but since it's ran by Criminal Swiss, it's dodgy.
What good is a high yield when the ETF value is dropping like a stone??
Exactly, that is why I like DIVO, JEPI and SCHD.
To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market,what are your thoughts?!
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
❤❤Aright thanks ❤❤
I've just gone through her page and it's really impressive...
Loosing more in principle than collecting in dividends doesn’t seem like a investment worthy.
How about these? noting that some are quarterly or annual div
SVOL
CEFD
CLM
PSEC
PDI
RIV
RA
XYLD
YYY
ARCC
HDIF
KBWD
OILK
RMT
BSTZ
BIGZ
IFN
ORCC
QYLG
QQQX
TPVG
OCSL
PFLT
TDF
run thru couple scripts..PSEC Looks good ! Thanks!
Dividend is the raise i give to myself every year. Lol
Not a single Vanguard bond or ETF. Good stuff to mull over though.
Because there is a fair amount of investors who don’t like vanguard. Not a fan of the company at all friend
No ETN. Not worth the risk.
No credit suisse
info out of date as rates fall
I want an average dividend of 6.2 - 6.6% to spread across 8 - 12 stocks/etf's
They are good but I don’t like the taste
✅joseph Hogue
Lots of chatter. Only one fund makes any sense and that i JEPI. All the others have proven that with the overall loss in the total value of these funds inlcuding the dividend is NEGATIVE.
👍
Just buy a 4.7% for 6-2 mths until the crash is over
❤👍
Despite the market crash, I still thank you for the level-headed financial advice. I started stock investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Sonja Verlina
,,,,
@@michaelbuckley1201
TRADEWITHSONJA
You can communicate with her by telegam with the username above.. ,,
BULLSHIT ~
@Venetian Princess : BULLSHIT ~
@Bethany Mota : BULLSHIT ~
Currently got a $85K portfolio, hold some $JEPI, O, $QYLD
No vicy
@@cameronvincent Not currently
Blessings from Taiwan
QQQX IS WHERE ITS AT
agreed - safer than QYLD IMO