If you believe that investing in dividend-paying exchange-traded funds (ETFs) is a rich person’s sport, nothing could be further from the truth.
The reality is that you have a multitude of options
If you’re not quite sure where to get started, here are two popular dividend-paying ETFs to consider, each with unique features that set them apart from the crowd. A $100 investment (or any amount, really) in each of these funds will pay off over time as both are smart investment vehicles for your money. Fidelity High Dividend ETF How it works Fidelity High Dividend ETF (NYSEMKT: FDVV) tracks the Fidelity High Dividend Index, targeting U.S. large- and mid-cap companies that offer high, sustainable, and growing dividends.
This approach seeks not only big payouts but also durable income streams. Leading its 111 holdings (as of June 13) are tech giants Nvidia, Apple, Microsoft, Broadcom, and Dell Technologies. With a relatively low expense ratio of 0.15% (or $1.50 for every $1,000 invested annually), you can be confident that fees won’t eat up your capital over time.