Investing in dividend stocks for monthly income can be risky due to individual stock fluctuations. Consider ETFs like Schwab U.S. Dividend Equity ETF (SCHD) for a diversified portfolio with a 3.8% yield and low expense ratio of 0.06%. For monthly dividends, look at WisdomTree U.S. High Dividend Fund (DHS) with a 3.3% yield and monthly distributions. Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) offers a 4% yield with low volatility stocks. Both funds provide diversification and steady income, making them ideal for long-term income-seeking investors. Before investing, explore the 10 best stocks recommended by the Motley Fool Stock Advisor team.

Read more at Nasdaq.: Want to Collect Dividends Every Month? Invest in These 2 ETFs