Best Monthly Dividend ETFs

161 funds in our universe match this category. Sort the table by any column - default sort is trailing 12-month yield, highest first.

Most U.S. dividend-paying stocks distribute quarterly, so a "monthly dividend ETF" is usually a fund that either (a) actively smooths quarterly stock dividends into a monthly schedule, (b) holds bonds, which commonly pay monthly coupon-style interest, or (c) runs an options-income strategy (like a covered call fund) that generates and distributes premium every month regardless of the underlying holdings' native payout schedule.

That distinction matters for what you're actually buying. A monthly-paying bond ETF (like an aggregate bond or Treasury fund) is providing monthly income from fixed-income coupons with bond-market risk and duration exposure. A monthly-paying covered call ETF (like JEPI or JEPQ) is providing monthly income from options premium on an equity portfolio, with equity market risk and upside-capping. Two funds can both say "monthly dividend" and mean very different things about what's actually generating the check.

The practical reason people seek out monthly payers is cash flow matching - a monthly paycheck-style deposit is easier to budget against than a quarterly lump sum, especially for anyone using distributions to cover recurring monthly bills. If that is your goal, filter the table below by yield and grade, but also open each fund's profile to see its category (bond, covered-call, dividend-growth, etc.) so you understand what is actually driving the payment before you rely on it.

Ticker	Name	Grade	TTM Yield	Exp. Ratio	AUM	1Y Return
XBTY	GraniteShares YieldBOOST Bitcoin ETF	C	226.93%	0.990%	$10.0M	-39.3%
HOYY	GraniteShares YieldBOOST HOOD ETF	C	192.91%	0.990%	$78.0M	-
SMCY	YieldMax SMCI Option Income Strategy ETF	D	190.02%	0.990%	$200.0M	-26.2%
MARO	YieldMax MARA Option Income Strategy ETF	D	181.29%	0.990%	$100.0M	-23.6%
NVYY	GraniteShares YieldBOOST NVDA ETF	B	149.28%	0.990%	$60.0M	+16.4%
SMYY	GraniteShares YieldBOOST SMCI ETF	C	148.32%	0.990%	$8.0M	-
MSTY	YieldMax MSTR Option Income Strategy ETF	D	148.01%	0.990%	$4.00B	-74.0%
HOOY	YieldMax HOOD Option Income Strategy ETF	D	136.37%	0.990%	$80.0M	+10.1%
RBLY	YieldMax RBLX Option Income Strategy ETF	D	131.86%	0.990%	$80.0M	-
CRCO	YieldMax CRWD Option Income Strategy ETF	C	124.66%	0.990%	$100.0M	-
PLTY	YieldMax PLTR Option Income Strategy ETF	D	122.31%	0.990%	$2.00B	-10.8%
BABO	YieldMax BABA Option Income Strategy ETF	D	112.40%	0.990%	$80.0M	-16.3%
WNTR	YieldMax Short MSTR Option Income Strategy ETF	B	105.02%	0.990%	$100.0M	+77.3%
CVNY	YieldMax CVNA Option Income Strategy ETF	C	97.73%	0.990%	$100.0M	+17.6%
MSII	REX MSTR Growth And Income ETF	C	97.58%	0.650%	$4.0M	-71.0%
DRAY	YieldMax DKNG Option Income Strategy ETF	B	96.81%	0.990%	$80.0M	+189.7%
AMYY	GraniteShares YieldBOOST AMD ETF	C	92.86%	0.990%	$22.0M	-
COII	REX COIN Growth And Income ETF	C	88.23%	0.650%	$4.0M	-64.8%
HIYY	YieldMax HIMS Option Income Strategy ETF	C	86.09%	0.990%	$80.0M	-
RDYY	YieldMax RDDT Option Income Strategy ETF	C	84.42%	0.990%	$100.0M	-
GDXY	YieldMax Gold Miners Option Income Strategy ETF	C	81.22%	0.990%	$200.0M	+20.2%
LFGY	YieldMax Crypto & Tech Option Income Strategy ETF	B	79.45%	0.990%	$100.0M	+9.3%
COYY	GraniteShares YieldBOOST COIN ETF	C	77.66%	0.990%	$59.0M	-
CONY	YieldMax COIN Option Income Strategy ETF	D	77.34%	0.990%	$1.20B	-55.4%
TSII	REX TSLA Growth And Income ETF	A	77.18%	0.650%	$46.0M	+29.1%
SNOY	YieldMax SNOW Option Income Strategy ETF	C	74.29%	0.990%	$100.0M	+8.6%
YMAX	YieldMax Universe Fund of Option Income ETFs	C	72.45%	1.290%	$2.00B	+4.5%
AIYY	YieldMax AI Option Income Strategy ETF	D	72.19%	0.990%	$100.0M	-62.9%
BITO	ProShares Bitcoin Strategy ETF	D	68.72%	0.950%	$246.0M	-39.8%
NVDY	YieldMax NVDA Option Income Strategy ETF	B	67.97%	0.990%	$1.40B	+23.0%
ULTI	REX IncomeMax Option Strategy ETF	C	64.64%	0.990%	$19.0M	-
NFLY	YieldMax NFLX Option Income Strategy ETF	D	62.07%	0.990%	$200.0M	-36.8%
TQQY	GraniteShares YieldBOOST QQQ ETF	C	61.85%	0.990%	$8.0M	+12.9%
FBY	YieldMax META Option Income Strategy ETF	D	60.27%	0.990%	$500.0M	-22.0%
AMZY	YieldMax AMZN Option Income Strategy ETF	D	59.87%	0.990%	$500.0M	+0.9%
NVII	REX NVDA Growth & Income ETF	A	59.39%	0.750%	$40.0M	+28.7%
YSPY	GraniteShares YieldBOOST SPY ETF	B	56.67%	0.990%	$19.0M	+24.4%
YBIT	YieldMax Bitcoin Option Income Strategy ETF	D	56.34%	0.990%	$300.0M	-39.6%
GMEY	YieldMax GME Option Income Strategy ETF	C	55.39%	0.990%	$80.0M	-
GOOY	YieldMax GOOGL Option Income Strategy ETF	B	54.99%	0.990%	$300.0M	+68.1%
MAXI	Simplify Bitcoin Strategy PLUS Income ETF	D	53.55%	0.710%	$42.0M	-51.7%
ULTY	YieldMax Ultra Option Income Strategy ETF	D	53.10%	0.990%	$700.0M	-1.3%
YMAG	YieldMax Magnificent 7 Fund of Option Income ETFs	B	53.06%	1.290%	$800.0M	+18.9%
TSMY	YieldMax TSM Option Income Strategy ETF	B	52.91%	0.990%	$80.0M	+71.0%
YBTY	GraniteShares YieldBOOST TopYielders ETF	C	52.41%	0.990%	$259.0M	-
FIAT	YieldMax Short COIN Option Income Strategy ETF	D	51.71%	0.990%	$80.0M	-15.8%
MRNY	YieldMax MRNA Option Income Strategy ETF	B	49.87%	0.990%	$100.0M	+71.4%
TSLY	YieldMax TSLA Option Income Strategy ETF	B	45.74%	0.990%	$1.50B	+28.5%
BTCI	NEOS Bitcoin High Income ETF	D	45.37%	0.680%	$200.0M	-39.6%
YBST	GraniteShares YieldBOOST Single Stock Universe ETF	C	45.26%	0.990%	$3.0M	-
BAGY	Amplify Bitcoin Max Income Covered Call ETF	D	45.02%	0.750%	$11.0M	-17.0%
DISO	YieldMax DIS Option Income Strategy ETF	D	43.75%	0.990%	$100.0M	-5.4%
IWMY	Defiance R2000 Enhanced Options Income ETF	C	43.18%	0.990%	$200.0M	+21.7%
MSFO	YieldMax MSFT Option Income Strategy ETF	D	42.87%	0.990%	$400.0M	-19.6%
CEPI	REX Crypto Equity Premium Income ETF	B	42.53%	0.650%	$91.0M	+24.8%
CRSH	YieldMax Short TSLA Option Income Strategy ETF	D	41.43%	0.990%	$200.0M	-17.9%
BITY	Amplify Bitcoin 2% Monthly Option Income ETF	D	41.04%	0.650%	$15.0M	-38.3%
GOOW	Roundhill GOOGL WeeklyPay ETF	C	40.93%	0.990%	$30.0M	-
BLOX	Nicholas Crypto Income ETF	A	38.33%	0.850%	$264.0M	+27.8%
AMDY	YieldMax AMD Option Income Strategy ETF	B	37.77%	0.990%	$300.0M	+186.4%
TSYY	GraniteShares YieldBOOST TSLA ETF	C	37.27%	0.990%	$157.0M	-11.7%
AIPI	REX AI Equity Premium Income ETF	B	36.36%	0.650%	$500.0M	+15.2%
APLY	YieldMax AAPL Option Income Strategy ETF	B	36.19%	0.990%	$400.0M	+33.1%
OARK	YieldMax Innovation Option Income Strategy ETF	C	35.94%	0.990%	$200.0M	+16.8%
GPTY	YieldMax AI & Tech Option Income Strategy ETF	A	35.91%	0.990%	$150.0M	+35.5%
XOMO	YieldMax XOM Option Income Strategy ETF	B	34.41%	0.990%	$200.0M	+25.2%
PYPY	YieldMax PYPL Option Income Strategy ETF	D	33.87%	0.990%	$150.0M	-35.4%
DIPS	YieldMax Short NVDA Option Income Strategy ETF	D	33.57%	0.990%	$150.0M	-34.9%
YQQQ	YieldMax Short NASDAQ-100 Option Income Strategy ETF	D	30.45%	0.990%	$100.0M	-9.9%
CHPY	YieldMax Semiconductor Option Income Strategy ETF	A	30.23%	0.990%	$150.0M	+140.2%
ABNY	YieldMax ABNB Option Income Strategy ETF	D	29.85%	0.990%	$80.0M	+1.6%
EGGY	NestYield Dynamic Income ETF	B	28.14%	0.990%	$108.0M	+40.4%
KLIP	KraneShares China Internet and Covered Call Strategy ETF	C	26.56%	0.500%	$400.0M	+5.4%
FEPI	REX FANG & Innovation Equity Premium ETF	B	25.49%	0.650%	$500.0M	+16.2%
WMTI	REX WMT Growth And Income ETF	C	24.05%	0.650%	$5.0M	-
XBCI	NEOS Boosted Bitcoin High Income ETF	N/A	23.68%	0.680%	$4.0M	-
GIAX	Nicholas Global Equity and Income ETF	B	23.18%	0.850%	$90.0M	+27.0%
SVOL	Simplify Volatility Premium ETF	B	21.80%	1.040%	$900.0M	+20.0%
SPYT	Defiance S&P 500 Target Income ETF	B	21.24%	0.990%	$200.0M	+16.7%
BRKC	YieldMax BRK Option Income Strategy ETF	C	21.11%	0.990%	$100.0M	-1.3%
MSST	YieldMax MSTR 2x Option Income Strategy ETF	C	20.38%	0.990%	$300.0M	-
XLEI	State Street Energy Select Sector SPDR Premium Income ETF	D	16.66%	0.240%	$12.0M	-
NVIT	YieldMax NVDA 2x Option Income Strategy ETF	C	15.20%	0.990%	$200.0M	-
KQQQ	Kurv Technology Titans Select ETF	A	15.13%	0.750%	$101.0M	+28.2%
OMAH	VistaShares Target 15 Berkshire Select Income ETF	B	15.03%	0.850%	$675.0M	+12.8%
XLKI	State Street Technology Select Sector SPDR Premium Income ETF	D	14.33%	0.240%	$5.0M	-
TSPY	TappAlpha S&P 500 Growth & Daily Income ETF	B	14.08%	0.990%	$225.0M	+18.9%
QQQI	NEOS Nasdaq-100 High Income ETF	A	13.95%	0.680%	$2.00B	+21.6%
IAUI	NEOS Gold High Income ETF	B	13.90%	0.680%	$367.0M	+14.8%
IWMI	NEOS Russell 2000 High Income ETF	A	13.38%	0.680%	$300.0M	+35.0%
KGLD	Kurv Gold Enhanced Income ETF	C	13.37%	0.750%	$89.0M	-
MORT	VanEck Mortgage REIT Income ETF	C	13.13%	0.430%	$500.0M	+8.8%
QUSA	VistaShares Target 15 USA Quality Income ETF	C	12.60%	0.850%	$17.0M	+4.4%
YYY	Amplify High Income ETF	B	12.55%	0.540%	$694.0M	+12.4%
ACKY	VistaShares Target 15 ACKtivist Distribution ETF	C	12.46%	0.850%	$55.0M	-
SPYI	NEOS S&P 500 High Income ETF	B	12.10%	0.680%	$3.20B	+16.7%
IYRI	NEOS Real Estate High Income ETF	B	11.94%	0.680%	$203.0M	+10.8%
QYLD	Global X NASDAQ 100 Covered Call ETF	B	11.74%	0.600%	$7.30B	+20.6%
HCOW	Amplify COWS Covered Call ETF	B	11.66%	0.550%	$14.0M	+18.5%
RYLD	Global X Russell 2000 Covered Call ETF	B	11.66%	0.600%	$1.40B	+20.3%
PBDC	Putnam BDC Income ETF	C	11.46%	0.500%	$150.0M	-7.5%
XYLD	Global X S&P 500 Covered Call ETF	C	11.39%	0.600%	$2.60B	+17.6%
MINY	YieldMax Mining Option Income Strategy ETF	N/A	11.02%	0.990%	$80.0M	-
TOPW	Roundhill Weekly Pay ETF	A	10.85%	0.990%	$50.0M	+304.7%
QDVO	Amplify Dividend Income ETF	B	10.59%	0.590%	$80.0M	+17.0%
TDAQ	TappAlpha Innovation 100 Growth & Daily Income ETF	C	10.35%	0.990%	$110.0M	-
JEPQ	JPMorgan Nasdaq Equity Premium ETF	B	10.30%	0.350%	$22.00B	+21.8%
DRKY	VistaShares Target 15 DRUKMacro Distribution ETF	C	10.10%	0.850%	$20.0M	-
GPIQ	Goldman Sachs Nasdaq 100 Core Premium Income ETF	A	9.69%	0.290%	$2.50B	+27.9%
SOXY	YieldMax Target 12 Semiconductor Option Income ETF	B	8.98%	0.990%	$27.0M	+119.8%
KHPI	Kensington Hedged Premium Income ETF	B	8.93%	0.850%	$327.0M	+13.9%
QQQH	NEOS Nasdaq-100 Hedged Equity Income ETF	B	8.93%	0.680%	$150.0M	+16.8%
FTHI	First Trust BuyWrite Income ETF	B	8.74%	0.850%	$2.00B	+17.3%
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income ETF	C	8.67%	0.750%	$3.60B	+7.6%
KBWY	Invesco KBW Premium Yield Equity REIT ETF	C	8.60%	0.350%	$300.0M	+23.6%
TYLG	Global X Information Technology Covered Call & Growth ETF	B	8.44%	0.650%	$12.5M	+45.5%
HYBI	NEOS High Yield Corporate Bond High Income ETF	C	8.34%	0.580%	$200.0M	+6.0%
XQQI	NEOS Boosted Nasdaq-100 High Income ETF	N/A	8.32%	0.680%	$14.0M	-
JEPI	JPMorgan Equity Premium Income ETF	C	8.16%	0.350%	$37.00B	+7.4%
NIHI	NEOS MSCI EAFE High Income ETF	D	7.93%	0.680%	$89.0M	-
GPIX	Goldman Sachs S&P 500 Core Premium Income ETF	A	7.92%	0.290%	$301.0M	+27.0%
TDAX	TDAQ LIFT ETF	C	7.84%	0.990%	$12.0M	-
BALI	iShares US Large Cap Premium Income Active ETF	C	7.82%	0.330%	$788.0M	+20.6%
SPYH	NEOS S&P 500 Hedged Equity Income ETF	B	7.79%	0.680%	$150.0M	+13.5%
TSYX	TSPY LIFT ETF	C	7.69%	0.990%	$10.0M	-
SIOO	VistaShares Target 15 S&P 100 Distribution ETF	C	7.58%	0.850%	$5.0M	-
SRLN	SPDR Blackstone Senior Loan ETF	C	7.50%	0.700%	$2.00B	+5.2%
OVL	Overlay Shares Large Cap Equity ETF	C	7.34%	0.950%	$181.0M	+23.6%
USHY	iShares Broad USD High Yield Corporate Bond ETF	C	6.90%	0.080%	$12.00B	+5.8%
HNDL	Strategy Shares Nasdaq 7HANDL Index ETF	C	6.84%	0.720%	$500.0M	+13.8%
XSPI	NEOS Boosted S&P 500 High Income ETF	N/A	6.80%	0.680%	$9.0M	-
MDIV	First Trust Multi-Asset Diversified Income Index ETF	C	6.75%	0.680%	$300.0M	+12.4%
BKLN	Invesco Senior Loan ETF	D	6.64%	0.650%	$4.00B	+4.2%
JNK	SPDR Bloomberg High Yield Bond ETF	C	6.60%	0.400%	$6.00B	+6.9%
DIVO	Amplify CWP Enhanced Dividend ETF	C	6.45%	0.550%	$3.40B	+16.4%
SPFF	Global X SuperIncome Preferred ETF	C	6.44%	0.580%	$300.0M	+16.5%
PFFD	Global X US Preferred ETF	C	6.35%	0.230%	$2.50B	+8.1%
PGX	Invesco Preferred ETF	C	6.24%	0.520%	$4.00B	+5.1%
PFXF	VanEck Preferred Securities ex Financials ETF	C	6.22%	0.470%	$1.20B	+15.0%
TLTI	NEOS 20+ Year Treasury Bond High Income ETF	C	6.14%	0.580%	$100.0M	+6.1%
BUYW	Main BuyWrite ETF	C	5.94%	0.790%	$1.10B	+8.9%
HYG	iShares iBoxx High Yield Corporate Bond ETF	D	5.91%	0.480%	$14.00B	+5.4%
FPE	First Trust Preferred Securities and Income ETF	D	5.83%	0.850%	$7.00B	+7.4%
BNDI	NEOS Core Plus Bond Income ETF	C	5.79%	0.580%	$300.0M	+6.3%
PFF	iShares Preferred and Income Securities ETF	D	5.63%	0.460%	$13.00B	+4.8%
IDVO	Amplify International Dividend Income ETF	B	5.62%	0.550%	$350.0M	+28.2%
CSHI	NEOS Enhanced Income Cash Alternative ETF	C	4.87%	0.580%	$800.0M	+5.0%
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	C	4.77%	0.040%	$45.00B	+5.3%
ISPY	ProShares S&P 500 High Income ETF	C	4.59%	0.500%	$121.0M	+16.3%
LQD	iShares iBoxx Investment Grade Corporate Bond ETF	C	4.53%	0.140%	$35.00B	+5.1%
TLT	iShares 20+ Year Treasury Bond ETF	D	4.51%	0.150%	$60.00B	+4.9%
SPHD	Invesco S&P 500 High Div Low Volatility ETF	C	4.44%	0.300%	$3.00B	+11.8%
PEY	Invesco High Yield Equity Dividend Achievers ETF	A	4.34%	0.540%	$1.00B	+20.8%
SCHP	Schwab US TIPS ETF	B	4.02%	0.030%	$15.18B	+3.6%
AGG	iShares Core US Aggregate Bond ETF	C	3.98%	0.030%	$115.00B	+4.5%
BND	Vanguard Total Bond Market ETF	C	3.93%	0.030%	$130.00B	+4.5%
TIP	iShares TIPS Bond ETF	B	3.76%	0.190%	$16.00B	+3.7%
ROCQ	JPMorgan Nasdaq Equity Premium Yield ETF	N/A	3.00%	0.350%	$380.0M	-
ROCY	JPMorgan Equity Premium Yield ETF	N/A	2.31%	0.350%	$250.0M	-
FVD	First Trust Value Line Dividend Index Fund	C	2.26%	0.700%	$2.50B	+9.5%
DGRW	WisdomTree US Quality Dividend Growth Fund	A	1.29%	0.280%	$12.00B	+15.0%

YTF grades are research-only, not financial advice. Yield, expense ratio, and AUM are point-in-time snapshots - open a fund's profile for current data and full dividend history.

Frequently asked questions

What is the best monthly dividend ETF?

There is no single best fund - it depends on whether you want equity income (covered-call funds like JEPI/JEPQ), bond income (aggregate or Treasury bond funds), or dividend-growth equity income. Compare yield, expense ratio, and YTF grade for funds matching the category you actually want, using the table on this page.

Why do some ETFs pay monthly and others pay quarterly?

It comes down to the fund's underlying holdings and mandate. Bond funds commonly distribute monthly because bond coupon income is easy to pool and pay out on a monthly cycle. Covered-call and option-income funds distribute monthly (or even weekly) because they generate premium income continuously. Most traditional dividend-growth equity funds pay quarterly because that mirrors how the underlying companies pay their dividends.

Are monthly dividend ETFs riskier than quarterly ones?

Payment frequency itself is not a risk factor - a monthly-paying Treasury bond ETF is not inherently riskier than a quarterly-paying one. Risk comes from what the fund actually holds (stocks vs. bonds), its strategy (options overlay vs. plain equity), and its volatility, not from how often it cuts a check.

More ETF lists

Best Covered Call ETFs → Best Weekly Dividend ETFs → Best Dividend Growth ETFs (Including Dividend Aristocrats) →

Disclaimer

Numbers on this site are for research and educational use only - not individualized investment advice or a recommendation to buy or sell securities. ETFs involve risk including possible loss of principal. Past yield and performance do not predict future results. Yield to Freedom (YTF) grades are illustrative and subjective; verify all data independently.