10 Best Performing Dividend ETFs In 2024

5. Vanguard Dividend Appreciation Index Fund ETF Shares (NYSE:VIG)

YTD Share Price Performance as of December 30: 16.58%

Vanguard Dividend Appreciation Index Fund ETF Shares (NYSE:VIG) tracks the S&P US Dividend Growers Index, using a passive, full-replication strategy. It focuses on large-cap stocks with a history of consistent dividend growth. Launched on April 21, 2006, the fund has a 0.06% expense ratio and net assets of $106 billion as of November 30, 2024. The ETF holds 338 stocks and offers a 1.60% 30-day SEC yield. It is one of the best performing ETFs to invest in.

JPMorgan Chase & Co. (NYSE:JPM) is one of the biggest holdings of Vanguard Dividend Appreciation Index Fund ETF Shares (NYSE:VIG). It is a global financial services company offering a wide range of products through three main segments – Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management.

JPMorgan Chase & Co. (NYSE:JPM)’s stock has performed well over the past decade and is approaching its highest levels, with the possibility of becoming the first bank to reach a $1 trillion market value. While some analysts worry that JPM’s size may limit future growth, the company maintains a strong position due to its brand strength, technological advancements, and leadership in deposits, totaling $2.4 trillion in Q3 2024. Its impressive CET1 ratio further strengthens its ability to weather financial challenges. Despite competition from smaller banks and threats like crypto, JPMorgan Chase & Co. (NYSE:JPM)’s strong management, consistent dividends, and share repurchase program ensure attractive returns, making it a reliable investment.

JPMorgan Chase & Co. (NYSE:JPM) is one of the most popular financial services stocks among hedge funds. 105 Wall Street funds were bullish on JPM at the end of Q3 2024, compared to 111 funds in the earlier quarter.