5 Best Performing Dividend ETFs in 2022

In this article, we discuss 5 best performing dividend ETFs in 2022. If you want to see more ETFs in this selection, check out 10 Best Performing Dividend ETFs in 2022. 

5. Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV)

YTD Share Price Gain as of December 12: 5.92%

Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV) tracks the performance based on the S&P 900 Dividend Revenue-Weighted Index. The fund invests at least 90% of its total assets in securities that comprise the index. Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV) offers a 30-day SEC yield of 3.97% as of December 9 and the average market cap stood at $56 billion. The fund charges an expense ratio of 0.39% and it holds 62 equities in its portfolio. 

Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV)’s largest holding is Best Buy Co., Inc. (NYSE:BBY), an American company that retails technology products in the United States and Canada. On November 22, Best Buy Co., Inc. (NYSE:BBY) declared a $0.88 per share quarterly dividend, in line with previous. The dividend is payable on January 3, 2023 to shareholders of record on December 13, 2022. The dividend yield on December 12 came in at 4.27%. The company has consistently raised its dividends for the last 18 years. 

According to Insider Monkey’s Q3 data, 31 hedge funds held stakes in Best Buy Co., Inc. (NYSE:BBY), compared to 26 funds in the earlier quarter. Ken Griffin’s Citadel Investment Group held a significant position in the company, consisting of 1.3 million shares worth $83.2 million.