Some High-Yield Dividend ETFs Off the Beaten Path
March 25th at 6:36am by Tom Lydon
Investors have been browsing through typical dividend options for greater yields, but there are a number of other stock exchange traded funds that offer attractive payouts as well.
For instance, Sterling Wong for Minyanville points out five different stock ETFs that don’t fall under your typical “dividend” category.
Investors should keep in mind that some of these ETFs are risky and are sporting high yields because they have fallen sharply in price:
- iShares MSCI Singapore Small Cap Fund (NYSEArca: EWSS). Singapore is a little more developed than the rest of emerging Asia, with low taxes and pro-business policies that have made the country a financial hub. EWSS provides exposure to Singapore’s small-cap stocks, with REITs making up over 50% of the fund. Consequently, the ETF has a whopping 20.11% 12-month yield. It comes with a 0.59% expense ratio and has $9.2 million in assets under management.
- iShares MSCI Hong Kong Small Cap Fund (NYSEArca: EWHS). Hong Kong is another financial hub that is just right next door to the booming Chinese market. The ETF provides exposure to Hong Kong small- and mid-cap stocks, or the bottom 15% of Hong Kong’s public companies in terms of market cap. EWHS has a 0.59% expense ratio, $2.7 million in assets and a 14.39% 12-month yield. [Hong Kong ETFs Continue Uptrend]
- Global X Junior Miners ETF (NYSEArca: JUNR). This fund provides exposure to global small-cap mining firms, which explore, develop and monetize new mining operations that cover coal, copper, gold, iron, nickel, silver and titanium. JUNR has a 0.69% expense ratio, $3.1 million in assets and a 14.29% 12-month yield. [Gold Miner ETFs: Falling Knife or Turnaround Play?]
- First Trust Multi-Asset Diversified Income Index Fund (NYSEArca: MDIV). The ETF includes all major yield-producing asset classes, including dividend stocks 25%, MLPs 20%, REITs 20%, preferreds 20% and high-yield corporate debt 15%. MDIV has a 0.62% expense ratio, $196.7 million in assets and a 10.33% 12-month yield.
- iShares MSCI Asia ex Japan Small-Cap ETF (NYSEArca: AXJS). This ETF holds 705 small-cap dividend paying stocks from both developed and emerging Asian markets – Taiwan, South Korea, Hong Kong and China account for almost two thirds of the portfolio. AXJS has a 0.75% expense ratio, $5.7 million in assets and a 9.20% 12-month yield.
Max Chen 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.