5 Best Dividend ETFs to Buy According to Reddit

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.”