What are some high dividend ETFs?

As of 2015, high dividend ETFs include ALPS Sector Dividend Dogs, Schwab U.S. Dividend Equity, SPDR S&P Dividend and iShares Select Dividend ETF, according to Kiplinger. WisdomTree MidCap Dividend, Vanguard Dividend Appreciation and WisdomTree SmallCap Dividend are also top dividend funds.

ALPS Sector Dividend Dogs has a current yield of 3.3 percent, expense ratio of 0.4 percent and assets worth $840 million, notes Kiplinger. Sector Dividend Dogs uses Dogs of the Dow strategy to invest in highest-yielding stocks of the 10 components in the Standard and Poor's 500-index.

IShares Select Dividend ETF provides a good option for investors because it yields 3.1 percent on investments and an expense ratio of 0.39 percent, advises Kiplinger. The ETF has assets valued at $14.1 billion, with 35 percent of the assets in utilities. Schwab U.S. Dividend Equity not only gives a good yield, currently at 2.9 percent, but also features the least expense ratio of 0.07 percent and $2 billion asset value. The fund is less volatile to market changes and only features investment companies that possess strong fundamentals and have a minimum worth of $500 million.

SPDR S&P Dividend ETF, which has a current yield of 2.3 percent and $12.9 billion assets, consists of companies that have consistently increasing dividend yields for the past 20 years, according to Kiplinger. The fund operates at a cost of 0.3 percent. Vanguard Dividend Appreciation and WisdomTree MidCap Dividend yield 2.1 and 2.5 percent respectively. The former has an expense ratio of 0.10 percent.