PowerShares KBW High Dividend Yield Financial (NYSEArca: KBWD) yields 8.2%; The focus of this ETF is the financial sector, which was highlighted a few years back for high high volatility. The slow rebound of this sector, mixed with more regulation, has put the sector back in the interest of investors. Mortgage Financing companies and REITs are top holdings, which are supported by the rebound in the homebuilders and real estate sectors.

Global X SuperDividend (NYSEArca: SDIV) yields 7.7%; The high yield gives this fund allure, however, some of the stocks included in the portfolio are not very familiar, such as Navitas. SDIV is a global play on dividends, yet the assets are concentrated in the U.S., Australia, Britain and Canada. The ETF charges an expense ratio of 0.58%. The index uses an equal-weight approach to the 100 represented companies. [ETF Industry Trends for 2013: Bonds, Dividends and Emerging Market Debt]

Tisha Guerrero contributed to this article.

Story updated to correct the expense ratio for SDIV, and ETF PowerShares KBW Bank Portfolio. Also corrects ETF name and ticker of PowerShares KBW High Dividend Yield Financial.