These 3 Dividend ETFs Can Double Your Money by 2030

"Building wealth through the stock market does not require finding the next explosive growth stock or timing volatile sectors. Sometimes the most powerful force in investing is simply the quiet mathematics of compounding combined with steady, rising income, and you can do that with the Fidelity High Dividend ETF (NYSEARCA:FDVV), Franklin Intl Low Volatility High Dividend Index ETF (BATS:LVHI), and Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSEARCA:TMF)."

"Dividend ETFs are highly reliable vehicles that can perform remarkably well over the long run. They are still underrated because most of the gains actually come through venues you can't see. If you compare a growth stock and a dividend ETF, it becomes clear that the growth stock has been winning for the past 20 years. However, when you take dividend reinvestments and the compounding into account, you'll quickly realize that the dividend ETF is the one snowballing into an avalanche."

"The Fidelity High Dividend ETF is a passively managed fund that tracks the Fidelity High Dividend Index. It captures returns from large and mid-cap U.S. companies that pay growing dividends. The ETF combines solid performance and a reliable dividend yield of 2.73%. It is up 16% over the past year and has outperformed most mainstream dividend ETFs, that too with an expense ratio of just 0.15%."

Dividend ETFs use steady, rising income and reinvested payouts to produce powerful compounding over time. Reinvested dividends can cause dividend ETFs to outgrow growth stocks despite apparent underperformance on price-only comparisons. Growth stocks can deliver higher headline returns but remain vulnerable to severe collapses. Fidelity High Dividend ETF (FDVV) tracks large- and mid-cap U.S. companies with growing dividends, mixing tech exposure and true dividend payers, offering a 2.73% yield and low 0.15% expense ratio. FDVV achieved roughly 16% one-year performance and nearly doubled since early 2020. Maintaining a large portion of a portfolio in dividend ETFs supports long-term wealth accumulation.

Read at 24/7 Wall St.