These 3 Dividend ETFs Own Nvidia and Microsoft and Still Pay Up to 8 Percent

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDavid BerenFri, July 31, 2026 at 8:17 PM GMT+2 6 min readQuick ReadFDVV holds NVIDIA at 7% of assets with a ~3% yield, while QDVO writes covered calls against those same growth stocks to deliver 11%.TDVI captures the AI chip ecosystem through dividend-paying suppliers like Broadcom and Texas Instruments, yielding 8% monthly without holding NVIDIA directly.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and TDVI didn't make the cut. Grab the names FREE today.Income investors have historically faced a tradeoff: reach for yield in utilities, REITs, and tobacco names, or own the mega-cap technology stocks driving the market and settle for the sub-1% dividends they pay. A newer crop of dividend and derivative-income ETFs is trying to close that gap by pairing exposure to NVIDIA and Microsoft with distribution yields ranging from the low single digits to nearly 11%. Three funds stand out for how they do it: Fidelity High Dividend ETF (NYSEARCA:FDVV), First Trust Dividend Strength ETF (CBOE:TDVI), and Amplify CWP Growth & Income ETF (NYSE:QDVO).Funtap / Shutterstock.comEach takes a different route, as FDVV leans on a broad basket of high yielders anchored by a technology overweight. TDVI concentrates on mature tech and semiconductor names with established payout histories. QDVO writes call options against a portfolio of the largest growth stocks in the market, letting premium income supplement modest underlying dividends.Out of all the funds on this list, this one is the closest to a traditional dividend fund that quietly stopped being traditional. It tracks the Fidelity High Dividend Index, which screens for above-average yields but also considers payout consistency and dividend growth. The result is a portfolio where NVIDIA sits at 6.84% of assets and Microsoft at 4.49%, alongside Apple at 5.69% and Broadcom at 3.49%.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and TDVI didn't make the cut. Grab the names FREE today.Those weightings sit next to classic income names, including JPMorgan Chase, Coca-Cola, Procter & Gamble, Altria, McDonald's, and Realty Income. The fund also carries meaningful utility and REIT exposure through positions like Duke Energy, NextEra Energy, Prologis, and Simon Property Group. The mechanism connecting FDVV to the theme is the index rule set: mega-cap tech names that have grown into their yield through buybacks and rising payouts qualify on the same footing as legacy income sectors.Net assets stood at roughly $9.18 billion, and the most recent quarterly distribution was $0.519 per share, up from $0.44 the prior quarter. Trailing twelve-month payouts totaled $1.729, working out to a distribution yield near 2.8% at the recent price of about $63. FDVV is up roughly 12% year to date and 19% over the past year.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info