Diversified ASX Listed ETFs for Consistent Income Stream

As investors search for stability, these ASX-listed dividends paying ETFs are giving steady passive income, broad diversification at impressively low costs.

The Vanguard Australian Shares High Yield ETF (ASX: VHY)

gives investors access to Australian companies that pay above  average dividends.

It has an expense ratio of 0.25% per year and follows the FTSE Australia High Dividend Yield Index before fees and expenses. The index mainly includes around 75 big ASX listed companies that are expected to keep paying stable dividends.

As of 30 September, VHY pays income every quarter and gives around 5.6% gross yield. It doesn’t include A-REITs so that it stays focused more on financial and industrial stocks.

Its portfolio is spread across major sectors like financials, basic materials and energy. 

The SPDR MSCI Australia Select High Dividend Yield ETF (ASX: SYI)

gives investors a chance to invest in Australian companies that pay good dividends and have strong financials. 

It has an expense ratio of 0.20% per year and follows the MSCI Australia Select High Dividend Yield Index. This index mainly picks companies that have stable dividends and healthy balance sheets.

The ETF holds around 61 companies, mostly from financials, energy and communication services sectors. Some of its biggest holdings are Westpac, NAB, ANZ, Macquarie Group, Telstra and Woodside Energy which are all known for paying regular dividends.

SYI has a current dividend yield of around 4.29% and pays out income every quarter which makes it attractive for people looking for passive income. 

The Global X S&P/ASX 200 High Dividend ETF (ASX: ZYAU)

gives investors access to 50 of Australia’s top dividend paying companies.

ZYAU follows the S&P/ASX 200 High Dividend Index which picks companies based on their 12 month forward dividend forecast and leaves out REITs and has an expense ratio of 0.24% per year.

It pays income every quarter and has a 12 month yield of about 4.16% as of August.

The fund owns well known names like Commonwealth Bank, Westpac, NAB, BHP, Rio Tinto and Woodside Energy covering a big part of Australia’s economy.

The iShares S&P/ASX Dividend Opportunities ESG Screened ETF (ASX: IHD)

gives access to 50 of Australia’s top dividend paying companies which meet ESG standards. 

It has an expense ratio of 0.23% per year and follows the S&P/ASX Sustainability Screened Dividend Opportunities Index. 
IHD pays income every quarter and its 12 month trailing yield is around 4.29% as of late September which makes it good for investors who want regular income with responsible investing.

Its main holdings are Westpac, NAB, ANZ, BHP and Rio Tinto which gives it exposure to Australia’s banking and mining space. 
The fund keeps its ESG focus by using sustainability filters, IHD gives a nice mix of income, diversification without giving up on sustainability values.

(Source: Company Announcements)