It’s all about the Benjamins for investors these days. If you’re one of the many seeking exchange traded funds (ETFs) with yield, we have a few solutions.
1. The ETF Analyzer. There’s no easier way to find and sort ETFs by yield. When you’re in the Analyzer, simply click “expanded view.” From there, you can sort ETFs by yield in ascending or descending order – easy, peasy. According to the Analyzer, right now the top-yielding ETF is WisdomTree International Dividend Top 100 (NYSEArca: DOO), which currently yields 9.8%.
2. What Are Others Saying? Look around ETF Trends and other websites – the hunt for yield is an intense one these days. There are a lot of good ideas being tossed around. ETFs are inherently diversified and don’t rely on any single company to generate payouts, or dividends, and they offer a more stable income stream to income-hungry investors, says Matthew McCall for Index Universe. [ETFs That Yield More Than a Savings Account.]
Some of McCall’s picks include:
- SPDR S&P Dividend (NYSEArca: SDY): Equity dividend ETFs are the way to play angles of exposure of equities. SDY is up 8.5% year-to-date. Yield is 3.42%.
- iShares Dow Jones International Select Dividend ETF (NYSEArca: IDV): International dividend ETFs offer a global perspective on dividend companies. This fund offers exposure to 100 stocks around the globe for an annual expense ratio of 0.50%. Yield is 6.57%.
- JP Morgan Alerian MLP ETN (NYSEArca: AMJ): This MLP ETN offers a yield of 5.61% and carries a 0.85% expense ratio. One of the benefits of MLPs has to do with their ties to energy and infrastructure. MLPs won’t suffer at the same level as traditional energy stocks from falling energy prices, they could lose out in a broader market decline.
Tisha Guerrero contributed to this article.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.