THE SHORT ANSWER
There are 31 dividend and income ETFs on the ASX and TMX, with about $13.6bn invested. The largest is VHY ($8.2bn) and the lowest fee is 0.20% a year (SYI).
Income ETFs on the ASX
Grouped by how they produce income. For bond and cash income, see the fixed income and cash lists.
Australian high dividend shares
| ETF | FEE | SIZE | 1 YR | 3 YR |
|---|
| VHY Vanguard Australian Shares High Yield | 0.25% | $8.2bn | +12% | +46% |
| SYI SPDR MSCI Aus Select High Div Yield | 0.20% | $739m | +15% | +47% |
| DIVI Active Ausbil Active Dividend Income Fund | 0.85% | $620m | +7% | – |
| IHD iShares S&P/ASX Div Opportunities Esg Screened | 0.23% | $407m | +9% | +46% |
| RDV Russell Investments High Dividend Aus. Shares | 0.34% | $342m | +2% | +39% |
| HVST Active Betashares Aus Dividend Harvester | 0.72% | $278m | +0% | +29% |
| HYLD Betashares S&P Australian Shares High Yield | 0.25% | $117m | +11% | – |
| ZYAU Global X S&P/ASX 200 High Dividend | 0.24% | $100m | +11% | +42% |
| INIF Active Intelligent Investor Aus Eq Inc Fund | 0.97% | $65m | +2% | +23% |
| SWTZ Active Switzer Dividend Growth Fund | 0.89% | $53m | +1% | +15% |
| EIGA Active Perennial Income Generator | 0.80% | $25m | +5% | +26% |
Global dividend shares
| ETF | FEE | SIZE | 1 YR | 3 YR |
|---|
| PGI2 Active New Plato Global Shares Income Fund | 0.85% | $429m | – | – |
| WDIV SPDR S&P Global Dividend | 0.35% | $417m | +11% | +54% |
| INCM Betashares S&P Global High Dividend Aristocrat | 0.45% | $107m | +11% | +54% |
| ZYUS Global X S&P 500 High Yield Low Volatility | 0.35% | $70m | -2% | +27% |
| VIHY New Vanguard International Shares High Yield | 0.30% | $64m | – | – |
Covered call and yield maximisersTrade some upside for extra income
| ETF | FEE | SIZE | 1 YR | 3 YR |
|---|
| YMAX Complex Betashares Aus Top 20 Eqy Yield Max | 0.76% | $696m | +2% | +23% |
| UMAX Complex Betashares S&P 500 Yield Maximiser | 0.79% | $331m | +9% | +46% |
| JEPI Complex Jpmorgan Equity Premium Income | 0.40% | $154m | +0% | +18% |
| AYLD Complex Global X S&P/ASX 200 Covered Call | 0.60% | $125m | +8% | +31% |
| JPEQ Complex Jpmorgan Nasdaq Equity Premium Income | 0.40% | $111m | +11% | +51% |
| QMAX Complex Betashares Nasdaq 100 Yield Maximiser | 0.68% | $47m | +11% | +58% |
| QYLD Complex Global X Nasdaq 100 Covered Call | 0.60% | $30m | +14% | +35% |
| JEGA Complex Jpm Global Equity Premium Income | 0.40% | $21m | -3% | – |
| EQIN Complex Investors Mutual Equity Income Fund | 0.90% | $20m | +3% | – |
| JPHQ Hedged Complex Jpmorgan Nasdaq Eqty Prem Inc Hedged | 0.40% | $17m | +16% | +55% |
| UYLD Complex Global X S&P 500 Covered Call | 0.60% | $17m | +9% | +27% |
| HJHI Active Hejaz High Income | 1.10% | $10m | +6% | – |
| JHPI Hedged Complex Jpmorgan Eqty Premium Income Hedged | 0.40% | $9m | +5% | +23% |
| JHGA Hedged Complex Jpm Gbl Equity Premium Income Hedged | 0.40% | $7m | +3% | – |
| WYNC Complex New iShares World Equity High Income | 0.39% | $3m | – | – |
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High yield or covered call?
High dividend sharesHold companies that pay large dividends, often banks, miners and telcos in Australia, with franking credits.
Covered callSell options over the shares to boost income. You get more income but give up some of the upside when markets rally.
How to use dividend and income ETFs
Income ETFs can form part of the core for investors who need cash flow, such as retirees. A high yield isn’t free: it often means less growth or more concentration in a few sectors, so look at total return, not just the yield.
Read more: Core and satellite investing · When to buy an ETF
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How many dividend and income ETFs are there in Australia?
At 30 September 2026 there were 31 dividend and income ETFs listed on the ASX and TMX, with about $13.6bn invested.
What is the largest dividend ETF?
VHY (Vanguard Australian Shares High Yield) is the largest, with about $8.2bn invested at 30 September 2026.
Which dividend ETF has the lowest fee?
SYI has the lowest management fee at 0.20% a year. Fees are only one factor: also compare what each fund holds, its size and how closely it tracks its index.
More ETF lists
Data: TMX Australia Funds Report, month ending 30 September 2026. Fee = management cost (% a year). Size = funds under management. Returns are total returns; “–” = less than the full period of history. Tags: Hedged = currency hedged; Active = actively managed; Complex = complex product (read the PDS carefully); TMX = listed on TMX Australia rather than the ASX; New = listed in the past 12 months. General information only, not a recommendation to buy or sell any ETF. Consider your objectives, financial situation and needs, and read the PDS and TMD before investing. Past performance is not a reliable indicator of future performance.