TOP 3 High Dividend ETFs with Over 10% Yield for 2023

TOP 3 High Dividend ETFs with Over 10% Yield for 2023

ETF, or Exchange-Traded Fund, is a type of investment fund that is traded on stock exchanges, like individual stocks. An ETF holds a portfolio of assets, such as stocks, bonds, or commodities, and is designed to track the performance of a particular market index, sector, or theme.

A dividend ETF is a type of ETF that invests primarily in dividend-paying stocks, with the goal of providing income through regular dividend payments to investors. These ETFs can provide exposure to a diverse portfolio of dividend-paying stocks, which can help to mitigate the risk associated with investing in individual stocks. Additionally, dividend ETFs may offer a more convenient and cost-effective way to invest in dividend-paying stocks, as they eliminate the need to research and select individual stocks.

It is difficult to make specific predictions about the performance of dividend ETFs in 2023, as many factors can impact the stock market and the financial performance of individual companies. However, dividend ETFs can provide a source of stability and income in a volatile market, as they may be less susceptible to sharp declines in value compared to non-dividend paying stocks. Additionally, dividend ETFs can provide diversification, as they hold a portfolio of stocks, rather than just a single stock, reducing the risk of losses due to the underperformance of a single company.

Here we’ll provide you 3 high dividend ETFs with over 10% yield for you to consider for 2023.

1. JPMorgan Equity Premium Income ETF (JEPI)

JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund (ETF) managed by JPMorgan Asset Management. JEPI is designed to provide investors with a source of income and capital appreciation through investments in high-quality, dividend-paying equities.

The fund’s investment strategy focuses on generating a higher level of income than what is typically generated from traditional equity investments, while also providing exposure to high-quality equities that have the potential for long-term growth. To achieve this, JEPI invests in a diversified portfolio of dividend-paying stocks that have a strong track record of paying and growing their dividends, as well as a history of financial stability and solid business fundamentals.

JEPI’s portfolio is comprised of high-quality, dividend-paying equities from a variety of sectors, including consumer staples, healthcare, and utilities. The fund uses a multi-factor investment process to select stocks for the portfolio, considering factors such as dividend yield, dividend growth, financial stability, and valuations.

JEPI’s focus on high-quality, dividend-paying equities, and its diversified portfolio, can provide investors with a source of stability and income in a volatile market. Additionally, JEPI’s focus on generating income through dividends can provide a more consistent return compared to non-dividend paying stocks, which rely solely on capital appreciation for returns.

It is important to note that while JEPI can be a good addition to a diversified investment portfolio, it is not without risk. The performance of JEPI is closely tied to the performance of the underlying stocks, and the amount and frequency of dividend payments can vary. Additionally, the fund’s performance is also affected by market conditions, interest rate fluctuations, and other macroeconomic factors. It is important to thoroughly research and consider all relevant factors, including the ETF’s holdings, fees, and expenses, before investing in JEPI.

Fund Overview

Category Covered Call
Fund Family JPMorgan
Net Assets 17.4B
YTD Daily Total Return 1.71%
Yield 11.68%
Legal Type Exchange Traded Fund
Annual Report Expense Ratio 0.35%
Inception Date 05/20/2020

2. Global X NASDAQ 100 Covered Call ETF (QYLD)

Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund (ETF) managed by Global X Funds. The ETF is designed to provide investors with exposure to the NASDAQ 100 Index, a basket of the largest and most influential technology and non-technology companies listed on the NASDAQ stock exchange, while also generating income through a covered call option strategy.

A covered call option strategy involves selling call options, which are financial contracts that give the buyer the right, but not the obligation, to purchase an underlying asset at a specific price and date. By selling call options, the ETF can generate additional income on its holdings, which can help to offset the impact of declining stock prices and provide a more consistent return.

QYLD invests in a diverse portfolio of stocks that make up the NASDAQ 100 Index, including technology giants such as Apple, Amazon, and Facebook, as well as non-technology companies such as Comcast and Cisco Systems. The ETF uses a covered call option strategy to generate additional income, which is reflected in its higher yield compared to other ETFs that track the NASDAQ 100 Index.

The ETF’s focus on generating income through a covered call option strategy can provide a source of stability and income in a volatile market, as the income generated from the option premiums can help to offset the impact of declining stock prices. Additionally, QYLD’s exposure to the NASDAQ 100 Index can provide investors with exposure to some of the largest and most influential technology and non-technology companies in the world.

It is important to note that while QYLD can be a good addition to a diversified investment portfolio, it is not without risk. The performance of QYLD is closely tied to the performance of the underlying stocks, and the income generated from the covered call option strategy can vary. Additionally, the ETF’s performance is also affected by market conditions, interest rate fluctuations, and other macroeconomic factors. It is important to thoroughly research and consider all relevant factors, including the ETF’s holdings, fees, and expenses, before investing in QYLD.

Fund Overview

Category Covered Call
Fund Family Global X Funds
Net Assets 6.39B
YTD Daily Total Return 7.10%
Yield 13.74%
Legal Type Exchange Traded Fund
Annual Report Expense Ratio 0.60%
Inception Date 12/11/2013

3. Global X Russell 2000 Covered Call ETF (RYLD)

Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund (ETF) managed by Global X Funds. The ETF provides exposure to the Russell 2000 Index, which is a basket of small-cap companies in the United States, while also generating income through a covered call option strategy. The ETF invests in a diverse portfolio of small-cap companies and uses a covered call option strategy to generate additional income, which is reflected in its higher yield compared to other ETFs that track the Russell 2000 Index. The ETF’s focus on generating income through a covered call option strategy can provide a source of stability and income in a volatile market, but it is not without risk, and it is important to thoroughly research and consider all relevant factors before investing.

Fund Overview

Category Covered Call
Fund Family Global X Funds
Net Assets 1.36B
YTD Daily Total Return 3.87%
Yield 13.50%
Legal Type Exchange Traded Fund
Annual Report Expense Ratio 0.60%
Inception Date 04/17/2019

In conclusion, high dividend ETFs can be a great option for investors looking for income in 2023. The JPMorgan Equity Premium Income ETF (JEPI), Global X NASDAQ 100 Covered Call ETF (QYLD), and Global X Russell 2000 Covered Call ETF (RYLD) are just three of the many high dividend ETFs available to investors.Others, such as JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) pay a 15.89% yield, Global X S&P 500 Covered Call ETF (XYLD) also pay a 13.42% yield.

When choosing a high dividend ETF, it is important to carefully consider the ETF’s holdings, fees, and expenses, as well as market conditions and other macroeconomic factors. It is also important to remember that high dividend ETFs are not without risk, and investing in a diversified portfolio is the best way to mitigate that risk. With that in mind, high dividend ETFs can be a valuable addition to a well-diversified investment portfolio, offering a stable source of income in a volatile market.

Author:Com21.com,This article is an original creation by Com21.com. If you wish to repost or share, please include an attribution to the source and provide a link to the original article.Post Link:https://www.com21.com/top-3-high-dividend-etfs-with-over-10-yield-for-2023.html

Like (1)
Previous February 2, 2023 6:09 pm
Next February 2, 2023 8:11 pm

Related Posts

  • Exploring Dividend ETFs and How to Choose the Best Fit for Your Investment Goals

    What Is a Dividend ETF? A dividend ETF is an exchange-traded fund that invests in stocks that pay dividends, which are regular payments made by a company to its shareholders from its profits. These funds provide investors with a way to earn regular income while also diversifying their portfolio. Dividend ETFs can be categorized by the types of dividend stocks they invest in, such as high dividend ETFs, dividend REIT ETFs, dividend growth ETFs, dividend aristocrat ETFs, and international high dividend ETFs. When choosing a dividend ETF, investors should consider…

    February 12, 2023
    0
  • Top 3 Inflation-Protected TIPS ETFs That Have Shown Strong Performance

    Treasury Inflation-Protected Securities (TIPS) are a type of government-issued bond that provides protection against inflation. The value of TIPS increases with inflation and decreases with deflation, which means that their principal value is adjusted according to changes in the Consumer Price Index (CPI). This makes TIPS a popular investment choice for those who are seeking to hedge against inflation and preserve their purchasing power. TIPS are issued by the U.S. Department of the Treasury and are backed by the full faith and credit of the U.S. government. They have a…

    February 11, 2023
    0
  • The Best Vanguard ETFs of 2023: A Comprehensive Guide to Diversified Investing

    Introduction Vanguard is one of the leading investment management companies globally, known for its low-cost, high-quality investment products, including index funds and exchange-traded funds (ETFs). Founded in 1975 by John C. Bogle, Vanguard has grown to manage trillions of dollars in assets and offers a wide range of ETFs to cater to various investment objectives and risk profiles. In this blog post, we will explore the best Vanguard ETFs of 2023, spanning various asset classes and investment strategies. About Vanguard Vanguard’s mission is to provide investors with low-cost, high-quality investment…

    May 2, 2023
    0
  • High-Yield Bargains: Top 5 Dividend Stocks Under $10 to Buy in April 2023

    Introduction Are you looking for cheap dividend stocks that provide attractive yields without breaking the bank? In this blog post, we’ll introduce you to the top five dividend stocks trading under $10 in April 2023. These stocks offer solid dividends and come from well-established companies with promising prospects. So, if you’re an income-focused investor looking for a great bargain, read on! Top 5 Dividend Stocks Mitsubishi UFJ Financial Group Inc. (MUFG) – Dividend: 3.5% Mitsubishi UFJ Financial Group is one of the largest financial institutions in the world, with a…

    April 7, 2023
    0
  • Comparative Analysis: iShares 20+ Year Treasury Bond ETF (TLT) and iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW)

    The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) is an exchange-traded fund (ETF) that aims to track the investment results of an index reflecting a strategy of holding the iShares 20+ Year Treasury Bond ETF(TLT) while writing (selling) one-month covered call options to generate income. This strategy is designed to provide potential for enhanced income compared to traditional U.S. Treasury bonds. The fund may outperform in periods of rising rates, offering an element of diversification. It also provides easy, cost-effective single-ticker access to a custom options overlay strategy…

    June 8, 2023
    0
  • BlackRock’s iShares Bitcoin Trust: A Game-Changer for Bitcoin Liquidity and Institutional Adoption?

    BlackRock’s recent move to file for a spot Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) has stirred significant interest in the financial world. This proposed fund, dubbed the iShares Bitcoin Trust, is set to operate like a trust, much like how the SPDR Gold Shares ETF functions. Its unique structure would allow for daily creations and redemptions, mimicking an ETF’s operations. Notably, there has been a level of disquiet in the market regarding the use of the term “trust” for publicly-traded Bitcoin instruments. Grayscale’s Bitcoin…

    June 21, 2023
    0
  • Why Dividend Stocks Are a Smart Investment Choice for 2023

    It’s no secret that the stock market has been unpredictable in recent years, and with the global economy still recovering from the impact of the Coronavirus pandemic, it can be difficult to know where to invest your money. One option that has been gaining popularity is investing in dividend stocks. Dividend stocks are a type of stock issued by a company that provides a stream of regular payments, or dividends, to its shareholders. These payments can be an attractive source of income for investors, particularly in times of market volatility….

    January 22, 2023
    0
  • AI Ascendancy: Dividend Stocks Lose Luster as Tech Takes Center Stage

    In the stock market, nothing remains the same for long. Last year, shares of companies offering generous dividends were among the most sought-after investments. Fast forward to the present day, and the allure of these income-generating stocks has waned significantly. During the bear market of 2022, investors flocked to dividend-paying stocks, seeking a consistent stream of cash. However, the current landscape has shifted dramatically towards growth-focused tech stocks, especially those that are central to the burgeoning artificial intelligence (AI) boom. These stocks do not typically offer dividends, but investors are…

    July 2, 2023
    0
  • Navigating the Investment Landscape: A Comprehensive Guide to Mutual Funds vs. ETFs – Which Option is Right for You?

    Today’s investment landscape presents a plethora of opportunities with the growing availability of mutual funds and exchange-traded funds (ETFs). Investors are now faced with a complex decision-making process that requires careful evaluation of various investment options. Different Products, Different Experiences Comparing ETFs and open-ended mutual funds Exchange-traded funds Open-ended mutual funds Buying and selling ETFs are continuously priced throughout the trading day, and investors buy and sell them in the secondary market (i.e., the exchange on which the ETF trades) ETF investors place orders through a broker; this allows them…

    August 7, 2023
    0
  • A Comprehensive Review of Vanguard Long-Term Treasury ETF (VGLT): Analysis and Investment Tips

    Introduction The Vanguard Long-Term Treasury ETF (VGLT) is an exchange-traded fund that provides investors with exposure to long-term U.S. Treasury bonds. In this article, we will delve into the details of VGLT, including its composition, historical performance, and factors that could impact its future performance. Additionally, we will offer investment recommendations for those considering adding VGLT to their portfolios. Composition of VGLT VGLT seeks to track the performance of the Bloomberg Barclays U.S. Long Treasury Bond Index, which consists of U.S. Treasury bonds with maturities greater than 10 years. The…

    March 18, 2023
    0

Leave a Reply

Your email address will not be published. Required fields are marked *