Many savers opt for CDs for income, despite drawbacks like lower yields. The national average for a 12-month CD is around 1.5-1.6%, with higher yields available but may come with penalties or fees. ETFs offer a solution with low-risk funds yielding up to 4%, lacking FDIC insurance but doubling income potential.

Ultra short-term fixed income ETFs provide income with minimal share price fluctuation. While not risk-free, the potential decline in principal value is minimal, offset by fund-generated income. Consider these ETFs for increased income potential, like the iShares 0-1 Year Treasury Bond ETF yielding 3.5%.

The WisdomTree Floating Rate Treasury ETF offers stability with short-term floating rate Treasury notes. With little interest rate sensitivity and virtually no credit risk, this fund yields 3.6%. The Janus Henderson AAA CLO ETF provides a higher yield by investing in CLOs, offering low credit and interest rate risk with 4.8% yield.

The Janus Henderson AAA CLO ETF provides a higher yield due to less liquidity than traditional bonds. Despite market conditions, this ETF often delivers safe income. Consider the top 10 stocks recommended by Stock Advisor for potential high returns. Stock Advisor has an average return of 889%, outperforming the S&P 500.

Read more at Yahoo Finance: 3 Ultra-Safe Fixed Income ETFs That Can Double the Average CD Rate