2026 Update

Best Dividend ETFs in 2026: Our Top Picks Ranked

Updated January 2026 · 12 min read ·

With thousands of ETFs on the market, finding the right dividend fund can feel overwhelming. We've done the homework so you don't have to.

This isn't a random list—we've categorized these picks by strategy because the "best" ETF depends entirely on what you're trying to accomplish.

2026 Dividend ETF Quick Reference

ETFTypeYieldExpenseBest For
SCHDGrowth3.5%0.06%Long-term wealth
JEPIHigh Yield7.5%0.35%Immediate income
VYMBalanced3.0%0.06%Diversification
DGROGrowth2.3%0.08%Dividend growth
JEPQHigh Yield9.0%0.35%Tech + income

🏆 Best for Dividend Growth

These ETFs prioritize companies that consistently raise their dividends year after year. Lower yields today, but significant income growth over time.

DGRO – iShares Core Dividend Growth ETF

Yield2.3%
Expense0.08%
Holdings400+

DGRO offers broader diversification than SCHD with 400+ holdings. Lower yield, but requires 5+ years of consecutive dividend growth for inclusion. Great complement to SCHD for those wanting more diversification.

💰 Best for High Current Income

Need cash flow now? These ETFs prioritize yield over growth. Perfect for retirees or those seeking monthly income.

JEPQ – JPMorgan Nasdaq Equity Premium Income ETF

Yield9.0%
Expense0.35%
FocusTech

JEPQ applies JEPI's covered call strategy to Nasdaq stocks. Higher yield due to higher volatility in tech stocks. More volatile than JEPI but offers exposure to growth sectors while generating income.

🌐 Best for Diversification

Want broad exposure without overthinking? These ETFs offer hundreds of dividend-paying stocks in one package.

VIG – Vanguard Dividend Appreciation ETF

Yield1.8%
Expense0.06%
Min Growth10yr streak

VIG focuses on companies with 10+ consecutive years of dividend growth. Lower yield than VYM but higher quality holdings. Think of it as a dividend aristocrats fund for the masses.

How to Pick the Right ETF for You

Step 1: Define Your Timeline

10+ yearsSCHD, DGRO, VIG
0-5 yearsJEPI, JEPQ

Step 2: Prioritize Yield or Growth?

GrowthSCHD, DGRO
YieldJEPI, JEPQ, VYM

Step 3: Tax Considerations

Taxable accountSCHD, VYM (qualified)
IRA/401kAny (tax-deferred)

The Bottom Line

There's no universally "best" dividend ETF—only the best one for YOUR situation. For most long-term investors, SCHD remains hard to beat. For immediate income needs, JEPI delivers. And for maximum diversification, VYM offers 500+ stocks at minimal cost.

The smartest approach? Many investors hold 2-3 of these in different proportions based on their goals. Start with one, learn how it behaves, then expand as needed.

Run Your Own Projections

Use our calculators to see exactly how much dividend income you could build with each ETF.

SCHD CalculatorJEPI Calculator