Three high-yield dividend ETFs provide opportunities for generating passive income for investors

From Nasdaq: 2024-07-06 05:50:00

Passive income is a lucrative way to let money flow in. Three high-yield dividend ETFs provide opportunities for generating passive income: Investco S&P SmallCap High Dividend Low Volatility ETF, JPMorgan Equity Premium Income ETF, and SPDR Portfolio S&P 500 High Dividend ETF. Each offers varying yields, expense ratios, and historical returns.

Investco S&P SmallCap High Dividend Low Volatility ETF manages small-cap stocks with a 30-day SEC yield of 7.72%. Despite a negative average annual return, the fund pays monthly distributions, making it appealing for income investors. JPMorgan Equity Premium Income ETF, with a 30-day SEC yield of 7.55%, uses a unique process to generate income and boasts a strong average annual return since its inception in 2020.

SPDR Portfolio S&P 500 High Dividend ETF focuses on high dividend-yielding stocks in the S&P 500 index, offering a 30-day SEC yield of 4.68%. With low expenses, quarterly distributions, and positive historical returns, this ETF could be an attractive option for investors seeking passive income. Consider all factors before investing.



Read more at Nasdaq: 3 High-Yield Dividend ETFs to Buy to Generate Passive Income