ASX dividends are at the forefront of the minds of income investors, who prioritise passive income above all other investment considerations, such as capital growth.
But as we all know, dividends can vary from year to year, depending on a company's performance.
One way for ASX investors to potentially ensure the most reliable income stream possible is to consider an exchange-traded fund (ETF) or listed managed fund with a dividend-focused strategy.
This is where you get a fund manager running the ETF or fund. Their job is to constantly assess which shares to invest in to achieve the highest dividend yields possible for investors.
So, which ETFs and listed managed funds are doing best?
Helpfully, the ASX publishes monthly data on these sorts of things.
We've analysed all the ASX ETFs and listed managed funds that have been around for at least five years to determine which ones deliver the best historical dividend yields.
Some funds are based on Australian shares, and some are based on international shares.
Here we go…
The top 5 ETFs or managed funds for dividend yields
Here are the top 5 dividend-focused ETFs or listed managed funds ranked by their historical yields:
Intelligent Investor Australian Equity Income Fund (Managed Fund) (ASX: INIF) delivered a historical dividend yield of 8.74%.
The BetaShares Australia Top 20 Equity Yield Maximiser (Managed Fund) (ASX: YMAX) also delivered a historical yield of 8.74%.
Global X S&P 500 High Yield Low Volatility ETF (ASX: ZYUS) delivered a historical dividend yield of 7.5%.
BetaShares Australian Dividend Harvester (Managed Fund) (ASX: HVST) delivered a yield of 6.9%.
BetaShares S&P 500 Yield Maximiser Fund (Managed Fund) (ASX: UMAX) delivered a historical dividend yield of 6.19%.