The SuperDividend ETF also leans toward developed markets, with top country weights including 46.2% in U.S., 12.3% Australia and 6.5% Singapore.

“Traditionally, dividend-focused funds have categorized stocks as non dividend payers, dividend payers or high dividend payers. By segmenting stocks into just a few categories, ‘high dividend’ funds tend to own a broad slice of the dividend-paying market. This strategy results in yields that only marginally exceed the overall market,” according to Global X.

Additionally, investors can also target U.S. high-dividend payers through the Global X SuperDividend U.S. ETF (NYSEArca: DIV), which has a 6.21% 12-month yield. DIV hones in on 50 of the highest dividend yielding equity securities in the U.S. Furthermore, the dividend ETF screens for equities that have exhibited low betas relative to the S&P 500 in an attempt to generate low volatility returns as a way to help diminish the risk associated with high-yield plays.

Related: A New ETF Targeting High Yield Developed Marked Dividend Stocks

The SuperDividend U.S. ETF includes a hefty tilt toward utilities 24.3%, followed by mortgage REITs 23.6%, consumer discretionary 15.9%, consumer staples 11.5%, MLPs 11.0%, industrials 4.2%, telecom services 3.6%, financials 2.0%, health care 2.0% and energy 1.9%.

Income-minded investors would also be happy to know that both SDIV and DIV provide monthly distributions.

Financial advisors who are interested in learning more about alternative yield-generating strategies can register for the Thursday, August 10 webcast here.