5 Best Performing Dividend ETFs in 2022

3. VanEck Energy Income ETF (NYSE:EINC)

YTD Share Price Gain as of December 12: 13.72%

VanEck Energy Income ETF (NYSE:EINC) seeks to replicate the price and yield performance of the MVIS North America Energy Infrastructure Index, which covers North American companies involved in the midstream energy segment. The fund was established in 2012 and offers a 30-day SEC yield of 4.47% as of December 9. The total net assets came in at $31.4 million and VanEck Energy Income ETF (NYSE:EINC) delivers an expense ratio of 0.46%. VanEck Energy Income ETF (NYSE:EINC) has 29 stocks in its portfolio and it is one of the best performing dividend ETFs this year. 

Enbridge Inc. (NYSE:ENB) is the largest holding of VanEck Energy Income ETF (NYSE:EINC). It is a Canadian energy infrastructure company that operates through five segments – Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. On November 30, Enbridge Inc. (NYSE:ENB) declared a C$0.8875 per share quarterly dividend, a 3.2% increase from its prior dividend of C$0.86. The dividend is payable on March 1, 2023 to shareholders of record on February 15. The dividend yield on December 12 came in at 6.73%. 

According to Insider Monkey’s Q3 data, Enbridge Inc. (NYSE:ENB) was part of 24 hedge fund portfolios, compared to 25 in the prior quarter. Rajiv Jain’s GQG Partners is the largest stakeholder of the company, with 56.2 million shares worth over $2 billion. 

Here is what ClearBridge Investments Dividend Strategy has to say about Enbridge Inc. (NYSE:ENB) in its Q3 2021 investor letter:

“We are meaningfully overweight energy, particularly within North American energy infrastructure. Enbridge and Williams, our two infrastructure holdings, possess crown jewel infrastructure assets. They each deliver meaningful proportions of the overall energy produced and consumed in North America. Their revenues are backed by long-term contracts with high-quality counterparties and have little direct commodity price exposure. Their growth has been driven by the increasing production of North American energy. The advent of unconventional oil and gas production (oil sand and shale) has made North America a low-cost competitor on a global basis. We expect strong North American production to be an enduring feature of global energy supply for decades to come.”