iShares High Dividend Equity Fund (NYSEArca: HDV) has a 3.2% dividend yield, and is up 12.5% year-to-date. Healthcare, consumer staples and telecom have the highest weighting, with financials and industrials sharing 3%. HDV is up 12.5% in 2013.
WisdomTree Equity Income Fund (NYSEArca: DHS) has a higher dividend yield of 3.6%, and is up 12.8% year-to-date. This is the longest-trading ETFof the bunch. Companies represented are based on dividends per share, rather than market-cap. Consumer staples, healthcare and utilities have the highest weightings. [Yield Producing ETFs for a Retirement Portfolio]
There are a variety of other dividend themed ETFs trading. Every fund is composed differently, so investors should consider sector weighting before choosing a focused ETF.
WisdomTree Equity Income Fund
Tisha Guerrero contributed to this article.
Full disclosure: Tom Lydon’s clients own SPY.