In this article we discuss the 5 best dividend ETFs to buy according to Reddit. If you want to read our detailed analysis of these ETFs, go directly to the 10 Best Dividend ETFs to Buy According to Reddit.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, advertising technology one of the fastest growing industries right now, so we are checking out stock pitches like this under-the-radar adtech stock that can deliver 10x gains. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s take a look at Reddit users’ top ETF picks:
5. SPDR S&P Global Dividend ETF (NYSE: WDIV)
Yield: 4.72%
SPDR S&P Global Dividend ETF (NYSE: WDIV) is an exchange traded fund that tracks the investment results of the S&P Global Dividend Aristocrats Index comprising firms that pay a sizable dividend and are present on the S&P Global BMI. The fund invests at least 80% of total assets in the stocks on the index.
SPDR S&P Global Dividend ETF (NYSE: WDIV) has more than $250 million in net assets under management with a year-to-date daily total return of 16%. The net expense ratio is 0.40% and the 52-week price range lies between $51 and $70.
A premier holding of the firm is Exxon Mobil Corporation (NYSE: XOM), the Texas-based oil and gas company. The fund has invested 1.89% of total assets under management into the energy firm.
At the end of the first quarter of 2021, 65 hedge funds in the database of Insider Monkey held stakes worth $2.7 billion in Exxon Mobil Corporation (NYSE: XOM), up from 63 in the preceding quarter worth $2.2 billion.
In its Q1 2021 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and Exxon Mobil Corporation (NYSE: XOM) was one of them. Here is what the fund said:
“We felt that our remaining energy holding, ExxonMobil, with its stronger balance sheet, was in a better position to ride out the cyclical slump in oil demand and even perhaps take advantage of it by investing counter-cyclically. While ExxonMobil does plan to increase capital expenditure, we’ve been disappointed in its regrettable failure to address ongoing emission trends, which reflects poorly on management’s foresight. As a result, we sold our ExxonMobil holdings.”
4. iShares Emerging Markets Dividend ETF (NYSE: DVYE)
Yield: 4.82%
iShares Emerging Markets Dividend ETF (NYSE: DVYE) is an exchange traded fund that tracks the performance of the Dow Jones Emerging Markets Select Dividend Index which comprises 100 leading dividend-paying companies working in emerging markets across the globe. It is a fund that invests 80% of total assets under management in stocks on the index.
iShares Emerging Markets Dividend ETF (NYSE: DVYE) has more than $840 million in net assets under management with a year-to-date daily total return of 11%. The net expense ratio is 0.49% and the 52-week price range lies between $29 and $41.
One of the top holdings of the fund is Kumba Iron Ore Limited (JNB: KIO.JO), the South Africa-based mining company. The fund has invested 1.67% of total assets under management into Kumba Iron Ore Limited (JNB: KIO.JO).
3. Global X MSCI SuperDividend Emerging Markets ETF (NYSE: SDEM)
Yield: 5.68%
Global X MSCI SuperDividend Emerging Markets ETF (NYSE: SDEM) is an exchange traded fund that tracks the investment results of the MSCI Emerging Markets Top 50 Dividend Index which comprises 50 equally-weighted companies that pay a high dividend and are working in emerging markets, as defined by the MSCI, across the globe.. It is a fund that invests at least 80% of total assets in holdings on the index.
Global X MSCI SuperDividend Emerging Markets ETF (NYSE: SDEM) has more than $37 million in net assets under management with a year-to-date daily total return of 8.6%. The net expense ratio for the fund is 0.67%.
One of the top holdings of the firm is Nedbank Group Limited (JNB: NED.JO), the South Africa-based banking company. The fund has invested 2.77% of assets under management into the baking firm. Nedbank Group Limited (JNB: NED.JO) has a market cap of over $81 billion.
2. Global X SuperDividend US ETF (NYSE: DIV)
Yield: 6.09%
Global X SuperDividend US ETF (NYSE: DIV) is an exchange traded fund that tracks the investment results of the Indxx SuperDividend US Low Volatility Index which comprises 50 equally-weighted companies and real estate investment trusts working in the United States.
Global X SuperDividend US ETF (NYSE: DIV) has more than $673 million in net assets under management with a year-to-date daily total return of 22.6%. The net expense ratio for the fund is 0.45%.
One of the premier holdings of the fund is Holly Energy Partners, L.P. (NYSE: HEP), the Texas-based oil company. The fund has invested 2.46% of assets under management into the oil firm. Holly Energy Partners, L.P. (NYSE: HEP) is engaged in the oil transportation and refining business in the United States.
1. Global X SuperDividend ETF (NYSE: SDIV)
Yield: 6.63%
Global X SuperDividend ETF (NYSE: SDIV) is an exchange traded fund that tracks the investment results of the Solactive Global SuperDividend Index which comprises 100 equally-weighted firms that pay high dividends and are working worldwide, including in emerging markets. The fund invests at least 80% of total assets in the stocks on the underlying index.
Global X SuperDividend ETF (NYSE: SDIV) has over $923 million in net assets under management with a year-to-date daily total return of 14.5% and a net expense ratio of 0.59%. The 52-week price range of the fund is between $10 and $14.
One of the top holdings of the fund is Electra Consumer Products (1970) Ltd (TLV: ECP.TA), the Israel-based consumer electronics firm. The fund has invested 1.11% of total assets under management into shares of Electra Consumer Products (1970) Ltd (TLV: ECP.TA).
You can also take a peek at 10 Blue Chip Dividend Stocks Hedge Funds Are Buying and 14 Best European Dividend Stocks To Buy.
