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With rates at all time lows and looking like they will stay this way, investors have been searching for yield in all the usual spots: high dividend paying equity ETFs.

US Equity Dividend Funds have seen in excess of $3b in inflows with YTD returns ranging from 12% to 21%. Compare that to the S&P 500s ~11.97% YTD total return as of Friday April 16.

Select High Dividend ETFs leaving SPY in the dust

Selected Top ETF Inflows & Outflows by % (AUM>$50m)

Flow Percent is calculated by taking "Last 1 Week Cumulative Flows" and
dividing by AUM of the ETF at the start of the week.

Top 6 Inflows

Top 6 Outflows

Total Returns

Total returns are calculated for the week and include all distributions such as dividends.

Search and Find the Best ETFs with the
Logicly Screener. Here's How:

Use the Logicly Screener to Find Good Quality Dividend ETFs:

 

First Step is Filtering:

  • We screen for funds with assets (AUM) of at least $100 million, using the left-side filters. Though AUM is not necessarily indicative of the ETFs quality, it may sometimes be a proxy for liquidity. We also add a filter to ensure we are looking at US-Traded ETFs so as to remove all global ETF listings.
  • We can then pick funds with high basket diversification, ranked between 7 and 10, meaning they are in the top 30% of diversification, in the Logicly screener.
  • This is an important filter to remove funds that may have too few names in their holdings or may be dominated by a few chunky positions. Proper ETF diversification under the hood is an important aspect for picking quality funds.

Setting up a Custom View and Choosing Your Columns:

  • Add in asset class and top country exposure columns can help you focus in on differentiating between fixed income and US equity high yielding fund.
  • We also add in YTD returns and flows.
  • Most importantly, we add the 5-year lookback columns that screen for short-term gain, long-term gain or special dividend distributions. These are non-typical events in the life of an ETF and may cause adverse tax consequences to the investor.

To Wrap Up:

  • We can then download the 500+ ETFs to Excel for further analysis.
  • We note that many of these names are ETFs that hold preferred stocks. Preferred stocks are exchange listed securities that have both the characteristics of stocks and bonds. Most dividends paid from preferred stocks are treated as qualified dividends.

 

Explore the Logicly Screener Now

Top Yielding Names, Screened for High Diversification, Primarily US Equity Focus,  TTM Yield > 3%, AUM>$100M

TickerNameAsset ClassTop Country ExposureYield TTM (Regular)
JEPI USJPMorgan Equity Premium Income ETFEquityUS7.26%
SDIV USGlobal X SuperDividend ETFEquityUS6.70%
PSK USSPDR Wells Fargo Preferred Stock ETFEquityUS5.22%
PGX USInvesco Preferred ETFEquityUS4.98%
PGF USInvesco Financial Preferred ETFEquityUS4.91%
PFF USiShares Trust iShares Preferred and Income Securities ETFEquityUS4.71%
SPYD USSPDR Portfolio S&P 500 High Dividend ETFEquityUS4.69%
SCHV USSchwab U.S. Large-Cap Value ETFEquityUS4.33%
VRP USInvesco Variable Rate Preferred ETFEquityUS4.29%
CDL USVictoryShares US Large Cap High Div Volatility Wtd ETFEquityUS4.14%
FGD USFirst Trust Dow Jones Global Select Dividend Index FundEquityUS4.01%
GCOW USPacer Global Cash Cows Dividend ETFEquityUS3.92%
CSB USVictoryShares US Small Cap High Div Volatility Wtd ETFEquityUS3.50%
DVY USBTC iShares Select Dividend ETFEquityUS3.50%
KBE USSPDR S&P Bank ETFEquityUS3.47%
VYM USVanguard High Dividend Yield Indx ETFEquityUS3.30%
SDY USSPDR Dividend ETFEquityUS3.28%
VOE USVanguard Mid-Cap Value ETFEquityUS3.05%

Top Returns of High Dividend Paying ETFs, Screened for High Diversification, Primarily US Equity Focus, TTM Yield > 2%, YTD Return> 20%

TickerNameAsset ClassTop Country ExposureYield TTM (Regular)AUM (USD)YTD Return
KBE USSPDR S&P Bank ETFEquityUS3.47%$4,011,844,000.00 27.10%
ONEY USSPDR Russell 1000 Yield Focus ETFEquityUS2.47%$616,898,000.00 23.70%
VTWV USVanguard Russell 2000 Value Index ETFEquityUS2.01%$959,512,500.00 23.50%
DVY USBTC iShares Select Dividend ETFEquityUS3.50%$18,300,190,000.00 23.50%
IJJ USiShares S&P Mid-Cap 400 Value ETFEquityUS2.00%$8,568,699,000.00 23.10%
SPYD USSPDR Portfolio S&P 500 High Dividend ETFEquityUS4.69%$3,218,654,000.00 22.00%
CSB USVictoryShares US Small Cap High Div Volatility Wtd ETFEquityUS3.50%$207,218,600.00 21.70%
DES USWisdomTree U.S. SmallCap Dividend FundEquityUS2.40%$1,884,303,000.00 20.90%
DON USWisdomTree U.S. MidCap Dividend FundEquityUS2.35%$3,012,218,000.00 20.60%
CDL USVictoryShares US Large Cap High Div Volatility Wtd ETFEquityUS4.14%$216,583,200.00 20.40%