5 Best Dividend ETFs To Buy

In this article, we discuss 5 best dividend ETFs to buy. If you want to read our discussion on dividend-paying companies, head directly to 11 Best Dividend ETFs To Buy. 

5. WisdomTree U.S. LargeCap Dividend Fund (NYSE:DLN)

5-year Share Price Performance as of March 15: 49.78%

WisdomTree U.S. LargeCap Dividend Fund (NYSE:DLN) aims to mirror the performance of dividend-paying large-cap companies in the US equity market. As of March 14, 2024, the ETF had net assets totaling nearly $3.9 billion with an expense ratio of 0.28%. WisdomTree U.S. LargeCap Dividend Fund (NYSE:DLN) offers a distribution yield of 1.70% and a SEC 30-day yield of 2.15% as of March 14, 2024. It is one of the best dividend ETFs to buy. 

JPMorgan Chase & Co. (NYSE:JPM) is one of the top holdings of WisdomTree U.S. LargeCap Dividend Fund (NYSE:DLN). On February 6, JPMorgan Chase & Co. (NYSE:JPM) announced multibillion-dollar plans to expand its branch network over the next three years. This includes opening more than 500 branches, renovating about 1,700 locations, and hiring 3,500 additional staff members. The expansion aims to reach new markets, particularly focusing on low-income and rural communities. 

According to Insider Monkey’s fourth quarter database, 103 hedge funds were bullish on JPMorgan Chase & Co. (NYSE:JPM), compared to 109 funds in the prior quarter. 

Carillon Eagle Growth & Income Fund stated the following regarding JPMorgan Chase & Co. (NYSE:JPM) in its fourth quarter 2023 investor letter:

“PNC Financial and JPMorgan Chase & Co. (NYSE:JPM) performed well due to more benign inflation data, which the market likely interpreted as a sign that a recession is now less likely to occur. Recall that historically speaking, banks are hyper-cyclical stocks and typically will trade lower if investors foresee a recession, because recessions tend to trigger loan losses.”