Two ETFs, TSLY and XPAY, offer high dividend yields above 20% through unique strategies.

Two high-yield exchange-traded funds, TSLY and XPAY, offer monthly payouts with forward yields above 20%. TSLY utilizes covered call strategies on Tesla options, while XPAY involves deeply in-the-money FLEX Options on the S&P 500 ETF Trust. Both funds manage cash flows to support their ambitious distribution targets but come with real risks. These creative income strategies are worth watching as potential income solutions in volatile markets with persistent inflation.

Read more at Yahoo Finance: 2 ETFs Offering Juicy Dividend Yields of 20% or Higher