10 Best Performing Dividend ETFs In 2024

7. iShares Core Dividend Growth ETF (NYSE:DGRO)

YTD Share Price Performance as of December 30: 14.67%

iShares Core Dividend Growth ETF (NYSE:DGRO) aims to track US stocks with a history of consistent dividend growth, providing low-cost exposure to companies across different industries. As of December 27, 2024, the ETF manages $30.2 billion in net assets and holds 406 stocks, with an expense ratio of 0.08%. Established on June 10, 2014, it tracks the Morningstar US Dividend Growth Index. As of November 30, 2024, the ETF offers a 30-day dividend yield of 2.19%. DGRO ranks 7th on our list of the best performing ETFs.

Apple Inc. (NASDAQ:AAPL) is one of the top holdings of iShares Core Dividend Growth ETF (NYSE:DGRO). Apple Inc. (NASDAQ:AAPL) is in early talks with Tencent and ByteDance to integrate their AI models into products for the Chinese market. This move reflects Apple Inc. (NASDAQ:AAPL)’s strategy to comply with local regulations while partnering with key players in China’s AI sector. This approach allows Apple to tap into the AI market without deeper involvement in China’s critical infrastructure, protecting its position amid ongoing US-China trade tensions.

Apple Inc. (NASDAQ:AAPL) plans to develop its own AI server chips by 2026, moving away from reliance on companies like Google and Amazon. The new chip, Baltra, will focus on inferencing for large language models and be manufactured using Taiwan Semiconductor’s 3nm technology. This shift follows Nvidia’s market dominance and mirrors Apple’s previous move away from Intel by creating its own chips for Mac laptops.

According to Insider Monkey’s third quarter database, Apple Inc. (NASDAQ:AAPL) was held by 158 hedge funds, down from 184 funds in the last quarter. Warren Buffett’s Berkshire Hathaway is the biggest position holder in the company, with 300 million shares valued at nearly $70 billion.