SPDR S&P Dividend ETF (NYSEArca: SDY)

Annual Fee: 0.35%

Comment: When noting dividends account for a significant percentage of a portfolio’s returns over long time horizons, including a dividend ETF (or two) in a college savings portfolio is essential.

SDY, one of the four largest U.S. dividend ETFs, targets the highest-yielding stocks from the S&P 1500 Composite Index that have raised their dividends for every year over the past 25 consecutive years.