5 Best Dividend ETFs

3. ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV)

Year-to-Date Returns as of September 11: 6.55%

ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) seeks to provide investors with exposure to European companies that have a history of consistently increasing their dividend payments over time. Since the start of 2023, the fund delivered a 6.55% return to shareholders, which makes it one of the best dividend ETFs on our list.

As of July 31, ProShares MSCI Europe Dividend Growers ETF (BATS:EUDV) has invested in 38 companies and its net expense ratio came in at 0.55%. One of the fund’s most prominent holdings is Diageo plc (NYSE:DEO), which is a  British multinational beverage alcohol company. It currently pays a semi-annual dividend of $2.5088 per share and has a dividend yield of 2.52%, as recorded on September 11.

The number of hedge funds tracked by Insider Monkey owning stakes in Diageo plc (NYSE:DEO) stood at 25 in Q2 2023, growing from 23 in the previous quarter. The collective value of these stakes is over $428.6 million. Warren Buffett’s Berkshire Hathaway was one of the company’s leading stakeholders in Q2.