Monthly dividend ETFs.
Funds paying every month rather than quarterly — ranked by the cash each unit currently pays.
| # | Symbol | Sector | Per month | Price | Per month | Yield | Total return |
|---|---|---|---|---|---|---|---|
| 1 | AMAX | Gold | $0.2850 | $34.48 | $0.2850 | 9.37% | 177.3% |
| 2 | QMAX | Technology | $0.2260 | $25.23 | $0.2260 | 9.98% | 120.1% |
| 3 | SMAX | US Equity | $0.1980 | $22.76 | $0.1980 | 9.89% | 93.9% |
| 4 | HDIV | Canadian Multi-Sector | $0.1930 | $23.82 | $0.1930 | 9.24% | 142.6% |
| 5 | HMAX | Financials | $0.1680 | $18.15 | $0.1680 | 10.95% | 83.6% |
| 6 | HYLD | US Multi-Sector | $0.1630 | $16.05 | $0.1630 | 11.54% | 72.9% |
| 7 | HTA | Technology | $0.1600 | $22.67 | $0.1600 | 8.03% | 480.1% |
| 8 | UMAX | Utilities | $0.1500 | $12.90 | $0.1500 | 14.48% | 24.4% |
| 9 | RMAX | REITs | $0.1480 | $16.52 | $0.1480 | 10.57% | 27.5% |
| 10 | EMAX | Energy | $0.1430 | $16.99 | $0.1430 | 10.16% | 44.0% |
| 11 | LMAX | Healthcare | $0.1420 | $14.16 | $0.1420 | 12.11% | 20.3% |
| 12 | HCAL | Canadian Banks | $0.1400 | $50.24 | $0.1400 | 3.12% | 354.0% |
| 13 | HUTL | Utilities | $0.1300 | $19.14 | $0.1300 | 7.93% | 67.2% |
| 14 | HUBL | US Banks | $0.1000 | $15.42 | $0.1000 | 7.78% | 55.6% |
| 15 | HDIF | Multi-Sector | $0.0900 | $9.77 | $0.0900 | 10.24% | 53.4% |
| 16 | HIND | Industrials | $0.0850 | $14.07 | $0.0850 | 6.72% | 39.1% |
| 17 | HBF | US Equity | $0.0750 | $11.24 | $0.0750 | 7.56% | 183.6% |
| 18 | HLIF | Canadian Dividend | $0.0700 | $12.81 | $0.0700 | 6.10% | 82.0% |
| 19 | HHL | Healthcare | $0.0600 | $7.49 | $0.0600 | 9.61% | 106.4% |
19 funds, as at 2026-08-10. This ranks what is covered here, not every fund on the market — issuers are added one at a time after their published data has been verified. See who runs these funds.
What this measures
Monthly distributions match how bills arrive, which is the whole appeal if you are living on the income. The amount is declared per cycle rather than fixed for the year.
What it does not tell you
Paying monthly says nothing about paying well. And funds on the same schedule tend to share an ex-date, so twelve payments a year can mean one deposit a month with nothing in between — a cash buffer matters more than the schedule suggests.
Rankings are a starting point.
What matters is what your holdings paid you, on your cost base — track every distribution against the trades you actually made.