101 High Yielding ETFs For Every Dividend Investor

By ETFDatabase | December 06, 2012 AAA

With interest expected to stay at near-zero levels for the foreseeable future, many investors have found it challenging to secure meaningful yields from asset classes that were once the core of income strategies. Gone are the days of Treasuries and high quality corporates yielding in excess of 5%; in the new era, sub-1% yields are increasingly common. While finding high-yielding asset classes is challenging, it certainly isn't impossible. There are dozens of ETFs (and ETNs) that offer potential for some big payouts, including some of the usual suspects as well as some lesser-known strategies. Below, we profile 101 high yielding ETFs across 10 different categories :

  • U.S. Dividend Stock ETFs
  • Emerging Market Dividend Stock ETFs
  • International / Global Dividend Stock ETFs
  • Junk Bonds
  • MLPs
  • Preferred Stock
  • REITs
  • Multi-Asset
  • BDCs
  • Convertible Bonds

US Dividend Stock ETFs

1. SmallCap DividendFund (DES)

DES
12-Month Yield 3.5%
Dividend Rating A+
Expense Ratio .38%
200-Day Volatility 12.4%

DES tracks afundamentallyweighted index that is designed to measure the performance of the small-capitalization segment of the U.S. dividend-paying market. Its focus on both dividend yield and small-cap firms provides investors with potential growth opportunities as well as meaningful current income flows.


Yield

DES currently boasts an annual distribution yield that is in the neighborhood of 3.41%, making it the highest-yielding ETF in its category.


Portfolio

DES' portfolio consists of roughly 611 individual holdings, with no single stock accounting for more than 2.1% of total assets, making it both deep and relatively well-balanced. The fund is, however, significantly biased towards financial equities, which account for over a third of the portfolio. Other significant allocations include real estate equities and industrials.


Verdict

This ETF's focus on both yield and small-cap firms makes it an intriguing pick forinvestorswanting to enhance their portfolio's current return and potential growthopportunities. It' heavy allocation towards financials, a segment that often exhibits high volatility, may deter those with lower risk tolerances.


2. WisdomTree Equity Income Fund (DHS)

DHS
12-Month Yield 3.9%
Dividend Rating A
Expense Ratio .38%
200-Day Volatility 9.8%

This ETF from WisdomTree offers exposure to U.S. large cap equities, one of the most poplar asset classes, with a twist. Unlike most competitors in the space which rely on a marketcapitalization-weighted methodology, DHS is linked to a fundamentally weighted benchmark that selects and ranks its underlying holdings based on dividend yield .


Yield

DHS currently features an annual yield of around 3.85%, which isn't the juiciest distribution on the list given the fund's focus on U.S. large cap stocks.


Portfolio

This fund holds close to 350 individual securities, however its deep portfolio is a bit top-heavy; the top ten holdings in DHS account for nearly one half of total assets, potentially increasing the company specific-risk associated with this ETF. DHS makes big allocations to well-known industry giants like AT&T, General Electric and Pfizer, resulting in a portfolio that is dominated by well-known value stocks. From a sector breakdown perspective, this ETF is fairly well-balanced; healthcare, consumer defensive and communication services stocks hold the top three positions, while utilities andindustrialsalso receive a fair amount of exposure.


Verdict

Overall, this ETF is pretty plain vanilla; DHS holds a portfolio of well-known, U.S. large cap industry leaders and features a middle-of-the-road dividend yield. The fund's yield-weighted strategy is certainly worth a closer look from value investors looking to steer clear of traditional, market cap-weighted products.


3. LargeCap Dividend Fund (DLN)

DLN
12-Month Yield 2.8%
Dividend Rating A
Expense Ratio .28%
200-Day Volatility 10.8%

DLN grants exposure to the large cap dividend payers in the U.S. by selecting the 300 largest firms by market cap from the WisdomTree Dividend Index. The fund includes the who's who of U.S. firms with names like AT&T, Exxon Mobil and General Electric making appearances in the top ten holdings.


Yield

The fund is currently paying out 2.72% to its investors, giving a nice solid income stream on top of a solid performance; the fund has jumped more than 50% in the trailing three years.


Portfolio

As mentioned earlier, the fund offers exposure to approximately 300 holdings, with the top ten companies accounting for 30% of total assets. While this is not the best diversity in the space, it is certainly not the worst, as there are plenty of other funds that are far more top-heavy. DLN also does well to spread its assets across a number of vital segments, giving it a relatively strong diversity.


Verdict

With a healthy track record, good diversity and solid yield, DLN certainly presents itself as a strong option for your portfolio. It should come as no surprise that the fund has more than $1.2 billion in assets as investors have been quick to adopt this large cap strategy.


4. MidCap Dividend Fund (DON)

DON
12-Month Yield 2.8%
Dividend Rating A+
Expense Ratio .38%
200-Day Volatility 11%

DON tracks an index that is designed to select dividend-paying stocks from the mid-capitalization segment of the U.S. equities market. Investing in mid cap equities may be appealing to investors who are seeking out the potential for significant capital appreciation and current income while still maintaining relatively "safe" exposure.


Yield

This ETF has an annual dividend yield of about 2.73%, making it the highest yielding fund in the mid cap value equities category.


Portfolio

DON's portfolio consists of roughly 350 individual holdings, with no single stock accounting for more than 2.28% of total assets, making it both deep and relatively well-balanced. The fund, however, has heavy allocations in the real estate, financial services and utilites sectors, which together account for more than half of total assets.


Verdict

DON's expense ratio of 0.38%, while not very high, makes it one of the more expensive funds in its category. Its deep, well-balanced portfolio combined with its juicy dividend yield, however, certainly warrants investors to take a closer look at this mid cap option.


5. Total Dividend Fund(DTD)

DTD
12-Month Yield 2.8%
Dividend Rating A-
Expense Ratio .28%
200-Day Volatility 10.8%

DTD takes a unique approach to providing exposure to U.S. dividend payers. Its underlying index measures the performance of companiesthat pay regular cash dividends and that meet other liquidity and capitalization requirements established by WisdomTree.


Yield

The fund is currently paying out 2.73% to its investors, which falls on the lower end of the scale of dividend-focused products, but is still a decent yield.


Portfolio

DTD offers exposure to more than 900 securities, making it one of the deeper portfolios out there. The top 10 assetsaccountfor just 24.5% of holdings, meaning that the fund has strong diversity. Investors will also note that the product does a great job of spreading its assets across a number of sectors.


Verdict

DTD has a strong record of performance and one of the deeper portfolios in the dividend-focused world. All of this is offered at a cost of just 28 basis points, making the fund an extremely enticing buy.


6. Dow Jones Select Dividend Index Fund (DVY)

DVY
12-Month Yield 3.5%
Dividend Rating A-
Expense Ratio .40%
200-Day Volatility 9.9%

This ETF is one of several options available to investors looking to focus equity exposure on U.S. dividend-paying stocks. Theunderlying index screens the equity universe by factors such as dividend per share growth rate, dividend payout percentage rate, dividend yield and average daily dollar trading volume.


Yield

DVYhas distribution yield in excess of 3.4%,representing a payout that is considerably higher than many other large cap value equity ETFs.


Portfolio

DVY's portfolio consists of roughly 100 individual securities, and it is relatively well-balanced with only 20% of total assets lying in the top ten holdings. The fund has a heavy bias towards utilities equities, which account for a third of the portfolio, while consumer defensive and industrials sectors also receive significant allocations. The majority of the holdings are large and mid cap firms, giving it a nice tilt towards safer stocks.


Verdict

This ETF's uniquemethodologyandattractivedividend yield makes it a nice pick for investors looking to add U.S. equity exposure. While DVY cancertainlybe used as a corecomponentwithin a long-term portfolio, it can also be effective as a tactical tool, shifting assetstowardscompanies that will often exhibit lower volatility incertainenvironments.


7.ETRACS Monthly Pay 2x Leveraged Dow Jones Select Dividend Index ETN (DVYL)

DVYL
12-Month Yield 8.18%
Dividend Rating N/A
Expense Ratio .35%
200-Day Volatility 21.6%

This leveraged dividend product falls on the riskier side of things, but a leveraged strategy means a handsome dividend yield. The fundscreens stocks by dividend per share growth rate, dividend payout percentage rate and average daily dollar trading volume, and stocks are selected based on dividend yield.


Yield

As a leveraged product, DVYL is able to pay out a massive 8% to its investors, allowing some to write off the risks associated with leveraged ETF investing in order to gain access to the high yield.


Portfolio

The portfolio mainly focuses on U.S. large cap stocks, which may offer some peace of mind to investors looking into the product. It should be noted that through its first five months on the market, this fund's strategy attracted just $11 million in assets, a figure that if maintained, will likely force the product to shutter in the coming years.


Verdict

The product is still pretty young, but investors do not seem to be hopping on the bandwagon, as it has had trouble garnering assets. For those wary of investing in newer ETFs, you may be better served with another leveraged dividend product, as there are several options out there.


8. Morningstar Dividend Leaders Index Fund (FDL)

FDL
12-Month Yield 3.5%
Dividend Rating A
Expense Ratio .45%
200-Day Volatility 10.1%

This ETF is linked to the Morningstar Dividend Leaders Index, which offers exposure to large and mega cap firms that have shown dividend consistency and dividend sustainability in years past. The focus on both yield and consistency makes for a unique risk/return profile for this ETF.


Yield

FDL has an annual dividend yield in excess of 3.3%, making it one of the highest yielding products in thelarge cap value equity space.


Portfolio

FDL maintains a portfolio of about 100 stocks, with nearly two-thirds of total assets lying in the top ten holdings. In regards to sector allocations, the fund invests half of its assets in healthcare and utilities equities, while ameaningfulallocation is also given to the communication services sector. The majority of the holdings are giant and large cap firms, though mid-cap stocks account for a small share of the portfolio.


Verdict

This ETF's focus on both dividend sustainability and yield makes it an appealing option for investors seeking both consistency and higher current income. Its rather top-heavy portfolio may deter some investors as nearly 40% of FDL's performance relies on only four individual holdings.


9.Value Line Dividend Index Fund (FVD)

FVD
12-Month Yield 2.8%
Dividend Rating A-
Expense Ratio .70%
200-Day Volatility 9.9%

This First Trust product has been around since late 2003 and has been able to scrape up half a billion in assets. FVD also trades more than 100,000 shares each day, giving it a nice liquidity. Its strategy picks stocks based on First Trust's Value Line Safety Ranking System.


Yield

This ETF is currently paying out 2.77%, which is not the strongest of the dividend products, but it is certainly nothing to complain about.


Portfolio

The fund grants equal weight to its 150+ holdings, ensuring that no single stock is able to dominate the overall performance of the fund. FVD focuses the vast majority of its assets on U.S. stocks, but does set aside about a tenth of its assets for companies based abroad. From a sector perspective, this product weights utilities, consumer defensive and industrials over others.


Verdict

The equal weight strategy is certainly a compelling feature, but some may be warded off by FVD's tendency to stick to a few major sectors rather than spread out over many different ones. The fund does, however, do a nice job of investing in companies of all different market cap sizes, so its overall diversity is still decent. The biggest drawback to this ETF is that it charges 70 basis points for investment, putting its fees on the higher range of the ETF universe.


10. High Dividend Equity Fund (HDV)

HDV
12-Month Yield 3.3%
Dividend Rating B+
Expense Ratio .40%
200-Day Volatility 9.8%

This iShares ETF makes for an appealing income-generating tool as it looks to measure the performance of U.S. stocks with a history of providing high dividend yields on a consistent basis. HDV offers exposure to well-known large cap value equities with a twist; this ETF features minimal exposure to the financials sector, which is a common plague among other dividend-focused products.


Yield

This ETF boasts an annual distribution yield of 3.24%, offering an attractive source of current income for those looking to tap into the large cap equities asset class.


Portfolio

HDVinvests in 75 individual securities, with over half of its total assets going to the top-ten holdings alone. Given its market cap-weighted approach it is not terribly surprising to see that this fund is dominated primarily by giant and large cap size stocks; top holdings including well-known industry behemoths like AT&T, Pfizer and Johnson & Johnson. HDV separates itself from competitors through its sector breakdown; instead of focusing on the financials sector, this ETF makes major allocations to healthcare, consumer defensive and communication services.


Verdict

For those looking to target large cap value U.S. stocks, while avoiding concentrations in thefinancialssector, HDV presents itself as aviableinstrument that warrants a closer look.


11. PowerShares KBW High Dividend Yield Financial Portfolio (KBWD)

KBWD
12-Month Yield 10.2%
Dividend Rating A+
Expense Ratio .35%
200-Day Volatility 12.6%

This ETF targets high-yielding stocks in the financial sector, offering exposure to a relatively narrow portfolio that has the potential to make some significant payouts. Given the focus on high-yielding financial stocks, KBWD obviously brings some significant risk to the table; when stocks slide, this fund often realizes meaningful declines. But for those looking to buy some beaten down names in the financial sector and capture a hefty yield while doing so, KBWD can be a very useful tool.


Yield

As the name suggests, this ETF focuses specifically on financial stocks with the highest dividend yields. Further, the use of a dividend-yield-weighted methodology gives the biggest weightings to the highest yielders, further boosting the payout potential. Currently, this ETF has a yield of more than 10%, making it one of the highest non-leveraged options out there.


Portfolio

Though KBWD is a member of the Financials Equities ETFdb Category, it maintains a portfolio with little overlap to many of its peers. Instead of holding the Wall Street titans that are common in funds such as XLF, thie ETF consists of smaller, sometimes more speculative financial stocks.


Verdict

Like many of the ETFs on our list of Heavy Hitters, this ETF comes with the potential to generate huge cash flows through hefty distribution payments. The risk in this case relates in part to the sector represented; smaller financial stocks tend to be quite volatile. KBWD probably shouldn't be a huge allocation in your portfolio unless you possess an abnormally high risk tolerance, but minor weightings to this ETF can make a meaningful impact on total yield.


12. High Yield Dividend Achievers (PEY)

PEY
12-Month Yield 4.1%
Dividend Rating A+
Expense Ratio .50%
200-Day Volatility 10.5%

This ETF can be classified as somewhat of a hybrid dividend product, as PEY focuses on both dividend yield andconsistentgrowth in dividends. Another unique feature of this ETF is that it is one of the oldest monthly dividend-paying funds on the market.


Yield

PEYhas a distribution yield of about 4%.Its concentration on both yield and consistent dividend growth is one of the reasons why this ETF does not boast a higher dividend yield.


Portfolio

This ETF holds a basket of 50 securities with roughly one-third of its total assets in the top ten holdings alone, resulting in a relatively top-heavy portfolio. All of the equities included in PEY's underlying index are U.S.-listed, with the majority of holdings being mid and small cap stocks. This ETF allocates one-third of its total assets to utilities equities and a quarter to financials. Other significant sector allocations include consumer defensive, industrials and basic materials equities.


Verdict

For investor looking to enhance their portfolio's current return, but who also want consistency, PEY is certainly worth a closer look. And while its tilt towards small and mid cap stocks may be too risky for some investors, the fund's resulting risk/return profile may provide a unique growth opportunity.


13.Dividend Achievers Fund (PFM)

PFM
12-Month Yield 2.2%
Dividend Rating B+
Expense Ratio .50%
200-Day Volatility 10%

This ETF uses a unique strategy to invest in companies that fall under the dividend achievers umbrella. Dividend achievers are defined as companies thathave increased their annual dividend for ten or more consecutive fiscal years.


Yield

PFM pays out a yield of just 2.15%, a relatively low dividend for a targeted fund. But investors should also note that its yield is among the most solid out there and is likely never to go anywhere considering the strength of its underlying holdings.


Portfolio

The portfolio consists of about 200 stocks, but the top 10 receive nearly 45% of the fund's assets. PFM tends to favor the consumer defensive and energy sectors and also keeps most of its assets in giant and large cap firms. Overall its diversity would not be considered weak, but it certainly is not the strongest.


Verdict

The yield may seem paltry at first glance, but when you consider the fact that these are some of the most stable dividend payers out there, PFM looks a bit more enticing. Investors will notice that the expense ratio of 0.5% is relatively high for a fund that simply invests in U.S. large cap stocks.


14.US Dividend Equity ETF (SCHD)

SCHD
12-Month Yield 2.4%
Dividend Rating B+
Expense Ratio .07%
200-Day Volatility 10.1%

Making its debut in 2011, this fund was able to gather over $540 million in its first year on the market. Its strategyis designed to measure the performance of high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios


Yield

SCHD is paying out 2.37% to its investors, falling around the average of most broad-based equity products.


Portfolio

SCHD has a portfolio of approximately 100 securities, but grants more than 40% of its assets to its top 10 components. Adding to diversity woes is its overweighting of the consumer defensive sector. Finally, the fund focuses primarily on giant and large cap firms, with lower market capitalizations almost entirely absent.


Verdict

Its diversity leaves something to be desired, but for an investorlookingto make a play on large cap U.S. dividend payers, SCHD has gotten off to a nice start. Perhaps the fund's most attractive feature is its expense ratio of just seven basis points, making it one of the cheapest ETFs period.


15. ALPS Sector Dividend Dogs ETF (SDOG)

SDOG
12-Month Yield 4.6%
Dividend Rating N/A
Expense Ratio .40%
200-Day Volatility 10.9%

SDOG implements a strategy that is similar to the popular Dogs of the Dow approach to dividend investing, but with a slightly larger focus. Instead of targeting only the highest-yielding stocks from the 30 Dow components, SDOG holds a portfolio comprised of the highest yielders in the S&P 500. The result is a portfolio that has substantial overlap with broad-based index funds, but a considerably higher dividend yield than ETFs such as IVV or SPY.


Yield

SDOG has a dividend yield in the neighborhood of 5%, more than twice the yield of the S&P 500 (from which all securities are selected).


Portfolio

SDOG is unique in that it features an equal sector allocation; high-yielding stocks from each of the ten primary sectors are included, meaning that the portfolio avoids some of the traditional biases towards utilities and telecoms that are often present in dividend-focused ETFs.Because the index selects from the S&P 500, SDOG holds a portfolio of large, blue chip stocksincluding many household names.


Verdict

For investors looking to maintain exposure to large cap U.S. stocks but looking to upgrade their yield profile from the plain vanilla S&P 500, the Sector Dividend Dogs ETF might be an interesting option. Though a bit more expensive than the broad-based S&P ETFs, investors will be rewarded with a materially higher distribution rate.


16. SPDR S&P Dividend ETF (SDY)

SDY
12-Month Yield 3.2%
Dividend Rating A-
Expense Ratio .35%
200-Day Volatility 10.8%

This SPDR ETF is one of the top five largest funds in the large-cap value U.S. equities space. SDY's underlying index is comprised ofthe 50 highest dividend yielding constituents of the stocks of the S&P Composite 1500 Index that have increased dividends every year for at least 25 consecutive years, giving the resulting portfolio both capital growth and dividend characteristics .


Yield

SDY has a distribution yield in excess of 3.1%,representing a payout that is considerably higher than many other large cap value equity ETFs.


Portfolio

SDY's portfolio consists of roughly 80 individual securities, with about 22% of total assets lying int the top ten holdings. The fund has a heavy bias towards consumer defensive equities, which accounts for almost a quarter of the portfolio, while industrials, financial services and consumer cyclicals sectors also receive significant allocations.The majority of the holdings are large and mid cap firms, giving it a nice tilt towards safer stocks.


Verdict

This ETF's unique selection methodology and attractive yield make it an appealing options for investors looking for both dividend growth and yield. SDY's heavy tilt towards consumer defensive equities, however, may deter some investors.


17. ETRACS Monthly Pay 2x Leveraged S&P Dividend ETN(SDYL)

SDYL
12-Month Yield 6.57%
Dividend Rating N/A
Expense Ratio .30%
200-Day Volatility 24.7%

This ETN offers monthly leveraged exposure to an index comprised of domestic dividend payers. That strategy results in increased volatility, while providing an opportunity to generate big distributions.


Yield

SDYL has an annualized distribution yield of about 6.6%, a huge upgrade over non-leveraged dividend ETFs. Of course, that impressive figure is attributable in large part to the leverage employed (which amplifies the volatility as well).

Portfolio

SDYL is linked to the same index on which SDY is based; the underlying basket of stocks includes names such as Avon Products, Pitney Bowes, AT&T and Johnson & Johnson.


Verdict

If you're willing to take on the risk that comes with explicit 2x monthly leveraged, there is plenty of return potential offered by SDYL. In bull markets, this ETN should perform extremely well, while losses will be exacerbated in bear markets.


18. Dividend Appreciation ETF(VIG)

VIG
12-Month Yield 2.1%
Dividend Rating B+
Expense Ratio .13%
200-Day Volatility 11.2%

This unique fund invests in DividendAchievers, or companies that have increased their payouts for at least ten consecutive years. Launching in 2006, the fund charges just 0.13% for investment, allowing it to rake in nearly $12 billion in total assets.


Yield

VIG pays out a distribution of just 2.11%, relatively low for a broad-based U.S. fund, but investors may be enticed by its payout consistency and reliability.


Portfolio

VIG invests in more than 100 U.S. stocks, the majority of which fall under the large or giant cap umbrella. The ETF grants more weight to both the consumer defensive and industrials sectors than others, meaning it will not be quite as diverse as some of the other options out there.


Verdict

The fund has a solid strategy and charges barely anything for investors to buy in. It may not be the flashiest or most diverse set of holdings, but the dividend achievers are a sought-after asset class and VIG represents them well.


19. High Dividend Yield ETF (VYM)

VYM
12-Month Yield 3%
Dividend Rating A
Expense Ratio .13%
200-Day Volatility 10.7%

VYM tracks an index that isderived from the U.S. component of the FTSE Global Equity Index Series (GEIS), targeting stocks with the highest dividend yield. Its expense ratio of 0.13% is one of the lowest of the funds offering exposure to this corner of the market.


Yield

This ETF currently maintains an annual dividend yield of 2.96%, representing one of the top ten payouts in the large cap value equity category.


Portfolio

VYM invests in nearly 440 individual securities, but roughly 35% percent of total assets lie in the top ten holdings, making the portfolio both deep, yet considerably top-heavy. In terms of sector allocations, VYM offers exposure to a wide variety of industries, but heavy weightings are allotted to consumer defensive, industrials, energy and healthcare equities.


Verdict

While its yield is not as high as others in its category, VYM offers investors broad exposure to dividend-paying companies, giving investors a much wider net than the other dividend focused firms in the space.


20. S&P 500 High Dividend Portfolio (SPHD)

SPHD
12-Month Yield 2.4%
Dividend Rating B+
Expense Ratio .07%
200-Day Volatility 10.1%

As the name suggests, this ETF offers exposure to components of the S&P 500 that have historically offered both high dividend yields and low volatility. As a result, SPHD maintains a dividend yield considerably higher than the broad S&P 500.


Yield

This ETF currently maintains a distribution yield of about 2.4%, making it a viable, although perhaps not the most attractive option, for dividend-seeking investors.


Portfolio

The SPHD portfolio consists of about 50 names, no one of which makes up more than about 3% of the total portfolio. CenturyLink, People's United Financial and Windstream are among the largest components. From a sector perspective, utilities, consumer staples and financials get the biggest allocations.


Verdict

The upgrade in yield from SPY to SPHD is significant; for investors looking to boost their dividend yield without straying from large cap U.S. stocks, SPHD can be an efficient tool to use.


21. NASDAQ Technology Dividend Index Fund (TDIV)

TDIV
12-Month Yield 2.8%
Dividend Rating N/A
Expense Ratio .50%
200-Day Volatility N/A

TDIV combines two corners of the market that may seem incongruous to many investors: dividend paying stocks and the tech sector. While this combination doesn't yield a sky-high yield, it's an interesting strategy that may appeal to investors looking to pick out companies poised to grow their dividends.


Yield

The underlying index has a dividend yield of about 2.8%. While that is lower than many ETFs on this list, it's considerably greater than the distribution rate for tech indexes in general.


Portfolio

The TDIV portfolio includes a number of well known names, such as Oracle, Qualcomm, IBM, Microsoft, Intel and HP, among the big names. You won't find any GOOG or FB stock here, however, as those tech giants don't offer a dividend to shareholders (at least not yet).


Verdict

If you want to maximize yield, this might not be the best option. But if you're looking for a way to play the tech sector but avoid companies who refuse to pay out cash to their shareholders, this ETF could be a nice addition to a portfolio.
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Emerging Market Dividend Stock ETFs

22. WisdomTree Dividend China Ex-Financials ETF (CHXF)

CHXF
12-Month Yield 2.8%
Dividend Rating N/A
Expense Ratio .63%
200-Day Volatility

This ETF is currently the only dividend-focused China ETF on the market, presenting an option for investors interested in Chinese stocks and looking to lower volatility by focusing on dividend payers and excluding banks. Though it targets the same market as many other ETFs in the China Equities ETFdb Category, CHXF is very different than most of the other funds on the marketboth in its potential return and risk factors .


Yield

CHXF is linked to an index that has a dividend yield just south of 3%. While that isn't a massive distribution opportunity, it generally represents a meaningful step up from the payouts offered by other China ETFs.


Portfolio

Perhaps the most unique element of the CHXF portfolio is not the focus on dividend-paying stocks, but the avoidance altogether of the financial sector. Many China ETFs, including the ultra-popular FXI, are dominated by banks (which can make up to 50% of assets). CHXF features a portfolio that is generally balanced from a sector perspective.


Verdict

CHXF's distribution isn't massive by any meansit's currently about 3%. As such, this tool may be more useful for those looking to capture the benefits of dividend-paying stocks beyond the absolute yield; CHXF offers a unique way to play China's stock market through a technique that delivers more balanced diversified exposure and may yield lower volatility over the long haul.


23. Emerging Markets Equity Income Fund (DEM)

DEM
12-Month Yield 3.7%
Dividend Rating A-
Expense Ratio .63%
200-Day Volatility 16.4%

This ETF tracks a fundamentally weighted index that is designed to measure the performance of the highest-yielding stocks from the world of emerging market equities, a potentially lucrative segment of the market. Companies that pass the market capitalization and liquidity requirements are weighted based on annual cash dividends paid.


Yield

This ETF boasts an annual dividend yield of 3.61%, making it one of the most appealing options for investing in emerging markets.


Portfolio

DEM's portfolio is comprised of roughly 235 individual holdings with about a third of total assets going towards its top ten assets. In terms of specific country allocations, heavy allotments are given to Taiwan, China and Brazil. The majority of stocks are giant and large cap, but there is a meaningful allocation towards mid and small cap stocks. In regards to DEM's sector breakdown, there is a heavy tilt towards financial services, energy and communication services sectors.


Verdict

While DEM does not offer quite as high of a dividend yield as EDIV, it does hold a much deeper portfolio that ranges across more emerging market countries. For investors looking to add more emerging market diversification, DEM is a compelling option.


24. Emerging Markets SmallCap Fund (DGS)

DGS
12-Month Yield 3.3%
Dividend Rating A-
Expense Ratio .64%
200-Day Volatility 13.8%

This ETF offers exposure to the performance of the highest-yielding stocks from the world of small-cap emerging market equities, a potentially lucrative segment of the market. Its focus on small-cap stocks makes DGS differentiate itself from other emerging equity funds, which often allocate a significant amount of assets towards giant and large cap companies.


Yield

This ETF boasts an annual dividend yield of 3.25%, making it one of the most appealing options for investing in emerging markets.


Portfolio

DGS's portfolio is comprised of roughly 532 securities, with each individual holding receiving a weighting no higher than 1.32%. The extremely deep and well-balanced fund is also nicely spread out across different sectors, including allocations to industrials, consumer cyclicals, technology and basic materials equities. DGS is largely dominated by Asian equities, with stocks from Taiwan making up about a quarter of the fund's total assets. And while the fund's objective is to target small-cap firms, it is important to note that mid-cap companies account for over two-thirds of the portfolio.


Verdict

While DGS does not offer quite as highof a dividend yield as EDIV and DEM, it does maintain a much deeper and more well-balanced portfolio. In addition,DGS's focus on small-cap equities also makes it an appealing buy for those wishing to add potential growth opportunities to their portfolios.

25.Emerging Markets Dividend Index Fund (DVYE)

DVYE
12-Month Yield 4.54%
Dividend Rating B
Expense Ratio .49%
200-Day Volatility 14.7%

This fund launched in early 2012, but was able to resonate with investors, as its unique strategy combined dividends along with the high growthpotentialoffered by emerging markets. DVYE's strategy invests in the top 100 dividend-paying firms domiciled in emerging markets.


Yield

DVYE is sporting a nice yield of about 4.5%, a very impressive figure given the emerging market focus that this fund holds.


Portfolio

As promised, the fund invests inapproximately100 securities with just 23% of total assets dedicated to the top 10 holdingsa very nice level of diversity. It may be a surprise, but the fund spreads out its investments over multiple sectors as opposed to the energy and financial focus that many emerging market products feature. The only caveat is that Taiwan accounts for 21% of the fund; many consider Taiwan to be either quasi-developed or fully developed at this point in time.


Verdict

This fund has a solid strategy, solid yield, and got off to a strong start as far as investor interest is concerned. Given the investment methodology, DVYE features a solid diversity and will be a good option for anyone looking to combine income streams with emerging economies.

26. SPDR S&P Emerging Markets Dividend ETF (EDIV)

EDIV
12-Month Yield 6.1%
Dividend Rating A
Expense Ratio .59%
200-Day Volatility 16%

This ETF, as the name suggests, follows an index thatholds the highestdividend-paying securities of publicly-traded companies in emerging markets.The funddifferentiatesitself with its unique weightingmethodology.Instead of weighting stocks according to the amount of cash dividends paid, EDIV weighs their securities by annual dividend yields, total marketcapitalization, average daily trading volumes, and earnings growth and profitability data.


Yield

This ETF boasts an annual dividend yield of about 6%, making it one of the most appealing options for investing in emerging markets. And in comparison to other emerging market ETFs, EDIV dividend payout is the highest in the category.


Portfolio

EDIV's portfolio is comprised of roughly 125 individual holdings, with about a third of total assets going towards its top ten assets. In terms of specific country allocations, heavy allocations are giventowardsBrazilian stocks and Taiwan, while other significant weightings are in Turkey, South Africa and Poland. There is some exposure to the quasi-developed markets ofTaiwanandSouth Korea, which combine to make up about 20% of the portfolio. The majority of the holdings are large cap stocks, with a tilt towards financial services, basic materials, communication services and utilities sectors.


Verdict

While EDIV does not offer quite the depth of exposuremaintained by some broad-based emerging markets ETFs, and itsportfolioincludes thecontroversialquasi-developed economies of Taiwan and South Korea, itscompetitiveexpense ratio and high yield may be the best fit for income-seeking investors who want to get their feet wet in this corner of the market.


27. EGShares Low Volatility Emerging Markets Dividend ETF (HILO)

HILO
12-Month Yield 3.3%
Dividend Rating B+
Expense Ratio .85%
200-Day Volatility 13.3%

This ETF features a unique methodology as its underlying index is dividend-yield weighted; HILO is designed to deliver higher yields and lower volatility than comparable broad-based market cap-weighted emerging market funds like EEM and VWO.


Yield

This ETF boasts an annual dividend yield of around 3%; while thisdistributionis rather paltry compared to others on the list, HILO does boast lower expected volatility, giving it greater appeal among risk-averse investors.


Portfolio

HILO holds a basket of approximately 30 securities selected based on a variety of criteria. This ETF employs ascreening process that filters out companies that were forced to eliminate distributions during the most recent recession or ones that feature a yield upwards of 10%. HILO also applies afilterto identify companies with a low correlation to broad-based indexes like the MSCI Emerging Markets Index, resulting in a well-diversifiedbasket of securities that may deliver uncorrelated returns.In terms of sector allocations, HILO is dominated by telecommunications companies; the remainder of the portfolio consists of oil and gas, transportation infrastructure, and independent power producers. Top holdings bycountryinclude: Brazil, South Africa, Malaysia and China.


Verdict

HILO can serve as a valuable complimentary holding in a number ofportfoliosas it offers unparalleled access to emerging markets; this ETF focuses on high-yield, low-volatility companies, and it is well-balanced across countries, industries and market capitalization levels.

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International / Global Dividend Stock ETFs

28. Guggenheim ABC High Dividend ETF (ABCS)

ABCS
12-Month Yield 5%
Dividend Rating A
Expense Ratio .65%
200-Day Volatility 18.1%

This one-of-a-kind ETF seeks to replicate a rules-based index that consists of common stocks and U.S. exchange-listed American depository receipts of companies from three of the most important commodity-producing economies: Australia, Brazil and Canada .


Yield

This ETF features an annual dividend yield of 4.90%, offering an attractive current income stream for commodity-focused investors.


Portfolio

ABCS holds a basket of 30 securities with roughly two-thirds of its totals assets in the top ten holdings alone, resulting in a top-heavy portfolio that may turn away investors seeking more diversified exposure to dividend-paying companies.This ETF allocates half of its total assets to Brazilian equities, Australian companies make up the next largest chunk at roughly one-third, and Canadian equities account for just under a fifth of the portfolio. ABCS offers excellent diversification across companies of all sizes, and its holdings are split fairly even between giant/large caps and mid/small caps. This ETF is also well-rounded from a sector breakdown perspective; consumer discretionary, utilities and telecommunication services each receive fairly equal allocation. Investors should also note that financial companies account for a very minimal portion of the portfolio, a distinguishing trait among dividend-focusedETFs.


Verdict

For investor looking to enhance their portfolio's current return, ABCS is certainly worth a closer look as it offers a juicy yield along with several distinguishing features that separate it from the pack. Ultimately, ABCS is less than ideal for those in search of one-stop shop dividend exposure given the greater degree of risk associated with investing in commodity-based economies.


29. Australia Dividend Fund (AUSE)

AUSE
12-Month Yield 4.8%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility 17.2%

This ETF is one of the most popular and unique options for establishing exposure to Australia. AUSEtracks a fundamentally-weighted index that only invests in the 10 largest Australian dividend-paying companies from each sector. And while most Australia funds focus on stocks that are engaged in the production and exploration of the country's abundance of natural resources, AUSE is tilted instead towards financials.


Yield

AUSE features an annual dividend yield of 4.8%,presenting itself as a viable option for income-hungry investors looking to diversify their equity component withexposureto Australia.


Portfolio

This ETF holds over 60 individual securities, the majority of which are mid-capitalization stocks. Heavy weighing is given towards financials, which make up for roughly a quarter of the fund's total assets. Significant allocations are also given to consumer and basic materials sectors.


Verdict

AUSE is an appealing option for investors who want exposure to Australia, but don't want to be heavily tilted towards the riskier commodity-producing equities.

30. WisdomTree Asia Pacific ex-Japan Fund (AXJL)

AXJL
12-Month Yield 3.5%
Dividend Rating B+
Expense Ratio .48%
200-Day Volatility 15.3%

This one-of-a-kind ETF tracks a fundamentally-weighted index that measures the performance of dividend-paying companies in the Asia Pacific region with a twist; AXJL entirely excludes exposure to Japanese stocks. While this region is generally characterized by favorable demographic trends and robust potential, many have been wary of investing in Japan as this developed behemoth has had lackluster economic growth over the past several years.


Yield

This fund recently featured an annual dividend yield of 3.5%, serving up a viable way to enhance current income by avoiding the least promising economy in an otherwise rapidly growing region.


Portfolio

This ETF boasts a deep portfolio ofapproximately200 individual securities, with roughly one-third of total assets going to the top ten holdings alone. From a market capitalization perspective, AXJL is dominated by giant and large cap securities, featuring extremely minimal exposure to smaller companies. Top holdings by sector include communication and financial services; exposure is also spread across the energy, basic materials and consumer discretionary sectors. Australian stocks hold the greatest weight in this portfolio from a geographic perspective, followed by majorallocationsto China and Taiwan as well. Countries like Singapore, Hong Kong, South Korea and Malaysia are also represented, although they account for a much smaller portion of total assets.


Verdict

This ETF is a great tool for income-oriented investors who are eager to round out their portfolio's equity component with international exposure, but are wary of investing in the sluggish Japaneseeconomy. As such, this ETF can help investors tap into Asian markets while at the same time focusing on dividend-paying stocks outside of the slowest growing economy in the region.


31. WisdomTree Commodity Country Equity Fund (CCXE)

CCXE
12-Month Yield 3.7%
Dividend Rating A-
Expense Ratio .58%
200-Day Volatility 18.2%

This ETF is linked to a fundamentally-weighted benchmark that measures the performance of dividend-paying stocks from commodity producing countries. This strategy may appeal to income investors who also wish to favorably position themselves in anticipation of the global recovery picking up steam and bolstering demand for natural resources in developed and emerging markets alike.


Yield

This ETF currently boasts an annual dividend yield of 3.7%, giving investors an opportunity to tap into lucrative current income sources from commodity-centric economies.


Portfolio

This ETF holds roughly 130 stocks from countries that rely on producing and exporting natural resources. CCXE is primarily tilted towards giant and large cap stocks, although mid -ap securities also receive a major allocation. Top holdings from a sector breakdown perspective include financial services and energy; this ETF also makes fairly equal allocations to the communication services and basic materials sectors. From a region perspective, CCXE is split 50/50 between developed and emerging markets. Top holdings by country include: New Zealand, Norway, Australia, Canada, Chile, Brazil, South Africa and Russia.


Verdict

This ETF offers a creative strategy that should appeal to dividend investors with a bullish outlook on natural resource prices. Investors should note, however, that stocks from commodity-centric nations may exhibit exaggerated price swings given the inherentlyvolatilenature of commodity futures prices.

32. Global Equity Income Fund (DEW)

DEW
12-Month Yield 4.1%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility 15.5%

This ETF targets dividend-paying stocks from developed markets around the globe, including the United States. Index components are weighted by several fundamental factors such as dividend yield and market capitalization.


Yield

DEW currently holds an annual dividend yield of 4.05%, nearly 4.0% lower than itscompetitorLVL's attractive distribution yield.


Portfolio

The DEW portfolio has a meaningful weight put towards the United States, United Kingdom and Australia, which account for more than a third of the fund's total assets. Other allocations are titled towards Western European countries, but a small weighting is given towards Asian equities from China, Japan and Taiwan. Given the criteria for inclusion in the index, it is notsurprisingto find DEW's portfolio dominated by giant and large cap stocks, which are generally known for their stability. The fund is, however, slightly biased towards financial services stocks, which make up roughly a quarter of DEW's total assets. Despite this slight tilt, the remainder of DEW's portfolio is nicely spread out across multiple sectors including communication services, energy, healthcare and utilities.


Verdict

For investors who cantoleratesignificant allocations towards European equities, DEW may be a solid pick. And although there is significant risk associated with investments in European markets, the fund does compensate its holders rather handsomely.


33.Europe SmallCap Dividend Fund (DFE)

DFE
12-Month Yield 3.7%
Dividend Rating A-
Expense Ratio .58%
200-Day Volatility 19.2%

DFE is another niche WisdomTree ETF , targeting small cap European stocks that pay dividends. That makes it an interesting option for those looking to express a bullish view on European markets; if the continent bounces back, DFE should perform well.


Yield

DFE has an annual dividend yield of about 3.7%, which is higher than many broad-based Europe ETFs.


Portfolio

The underlying DFE portfolio includes more than 300 individual holdings, though most of them are probably unfamiliar to U.S. investors. Industrials, consumer discretionaries and financial stocks are the biggest sector allocations .


Verdict

For investors looking to invest in small cap European dividend payers, DFE offers a way to express a very specific viewpoint. This fund has risk related to the European exposure in the current environment, but maintains considerable return potential as well.


34.Japan SmallCap Fund (DFJ)

DFJ
12-Month Yield 2.3%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility 13.3%

DFJ is a niche fund from WisdomTree that hones in on Japanese equities, specifically small caps. The fund removes the 300 largest firms from theWisdomTree Japan Dividend Index, and chooses the remaining companies for inclusion.


Yield

The fund pays out 2.3% annually, which is a relatively strong yield considering the nature of this product. Small-cap firms often pay smaller dividends or none at all given that they often do not have the cash to spare.


Portfolio

Though this product is very targeted, it features an extremely deep portfolio of approximately 400 securities. The top 10 assets account for around 7% of total holdings, making DFJ an extremely diverse product. The product grants a bit more weight to industrials and consumer cyclicals, but it does not come as a surprise to see such a targeted fund feature such a tilt.


Verdict

Given the objective of this fund, DFJ features a nice diversity and a healthy yield forinterestedinvestors. The only issue is that its hyper-targeted strategy will make it a binary option for most investors, as it is probably not an essential buy for most portfolios.


35. WisdomTree International MidCap Dividend Fund (DIM)

DIM
12-Month Yield 3.4%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility 17.7%

Similar to DOL, this WisdomTree fund offers a creative way to geographically round out your portfolio's equity component while still focusing on generating meaningful yield. DIM tracks a dividend-weighted benchmark that includes mid-cap securities from developed markets around the globe with the exception of the United States and Canada.


Yield

DIM currently pays out a 3.41% annual dividenddistribution, making it one of the lower-yielding products covered in this report.


Portfolio

This ETF features a deeper, more well-balanced portfolio compared to its large capbrethrenDOL; DIM is comprised of approximately 500 securities and the top ten holdingsreceiveless than 10% of total assets. The focus on mid-cap size stocks also results in a different sector breakdown, with industrials accounting for the biggest chunk of exposure followed by financial services and consumer cyclical. Investors should also note that despite being called a mid cap fund, DIM allocates a little over one-third of total assets to large cap securities. Top holdings by country include equities from Japan, the United Kingdom, Australia, France and Sweden.


Verdict

DIM offers an attractive strategy given its focus on mid-cap securities, an asset class which has demonstrated the potential to deliver better risk-adjusted returns than large caps in certain environments. However, like DOL, this ETF is also weighted based on annual cash dividends paid, which results in a lower yield than some of the alternatives covering this space.


36. WisdomTree International SmallCap Dividend Fund (DLS)

DLS
12-Month Yield 3.8%
Dividend Rating A-
Expense Ratio .58%
200-Day Volatility 15%

This WisdomTree ETF covers perhaps the riskiest segment of the international equity market, focusing on small caps from around the globe with the exception of the United States and Canada. Similar to its mid and large cap focused counterparts, DOL and DIM respectively, this ETF is also weighted based annual cash dividends paid instead of marketcapitalization.


Yield

DLS currently features an annual distribution yield of around 3.81%, presenting itself as a viabletool for those looking to round out their equity component while still generating current income.


Portfolio

DLS features an incredibly well-balanced basket of holdings; this ETF is made up of over 600 individual securities and the top ten holdings account for well under 10% of total assets. The top two allocations by sector, industrials and consumer cyclicals, account for close to half of the entire portfolio; however, DLS also rounds out exposure to financial services, basic materials and, surprisingly, technology stocks, which receive little to no attention from most other dividend-focused ETFs. Although DLS is listed as a small cap ETF, investors should note that its portfolio is actually split about 50/50 between mid and small caps. Top holdings by country include equities from Japan, the United Kingdom, Australia, Singapore and Italy.


Verdict

For those looking to tap into riskier, high-growthopportunitiesin developed markets outside of the United States and Canada, DLS presents itself as a compelling investment vehicle. Furthermore, because this ETF is focused on the biggest small-cap dividend payers, it offers a way to generate income and potentially rake in big capital gains.


37. WisdomTree International LargeCap Dividend Fund (DOL)

DOL
12-Month Yield 3.6%
Dividend Rating A-
Expense Ratio .48%
200-Day Volatility 16.9%

This ETF offers a creative way to geographically round out your portfolio's equity component while still focusing on generating meaningful yield. DOL offers exposures to a dividend-weighted benchmark that includes large cap securities from developed markets around the globe with the exception of the United States and Canada .


Yield

DOL currently pays out a 3.6% annual dividenddistribution, making it an excellent tool for dividend investors seeking out stability.


Portfolio

DOL features a deep, well-balanced portfolio; this ETF is made up of roughly 200 stocks and it allocates no more than one-fifth of total assets to the top ten holdings alone. Instead of relying on a traditional market-cap-weighted methodology, this ETF weighs its underlying holdings based on annual cash dividends paid and, as such, features a tilt towards the biggest dividend payers, which are not necessarily the highest-yielding securities. From a sector perspective, financial services take the number one spot, followed by communication services, energy and consumer defensive stocks. Top holdings by country include equities from the United Kingdom, Australia, France, Japan and Germany.


Verdict

DOL is attractive in that it offers ex-U.S. exposure while stillmaintaininga focus ondividend-paying stocks. However, because it weighs holdings based on cash dividends, it will inherently remain tilted towards safer, giant cap securities, which may be less than ideal for those looking to seriously beef up their portfolio's current income.


38. International Dividend ex-Financials Fund (DOO)

DOO
12-Month Yield 4.7%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility 18.2%

This ETF targets high-yielding stocks from around the globe, excluding those in the financial sector. Furthermore, DOO only invests in dividend-paying companies from outside of the United States and Canada.


Yield

This ETF currently boasts an annual dividend yield of 4.7%, providing those with a niche investment objective of avoiding both financials and the United States a meaningful yield.


Portfolio

DOO's underlying index invests in approximately 90 individual securities. Exposure is nicely spread out across a wide array of sectors, including communication services, utilities, energy and consumer stocks. DOO only invests in giant and large cap stocks, making it an appealing option for those with lower risktolerances. In regards to specific country allocations, the fund is relatively well-balanced, withsimilar weighting given to the United Kingdom, France, Germany, Australia and Japan.


Verdict

This ETF is a nice pick for those looking to avoid exposure to the risky financial sector, but who also want a nice boost to their portfolios. Additionally, its focus on stocks from outside the United States and Canada adds yet another level of diversification to one's equity holdings.


39. DEFA High-Yielding Equity Fund (DTH)

DTH
12-Month Yield 4.4%
Dividend Rating A
Expense Ratio .58%
200-Day Volatility
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