Are you looking for a reasonable amount of income without a ton of risk? If so, high-yield ETFs to buy are a better way to go than individual dividend-paying stocks because they give you diversification, which significantly reduces company risk in the process.
The Dow Jones U.S. Select Dividend Index comprises 100 of the highest dividend-yielding U.S. stocks (except REITs). The iShares Select Dividend ETF (NASDAQ:DVY), which tracks the performance of this index, currently yields 3.71%.
So, I’ve selected three dividend ETFs to buy with a yield of 3.71% or higher.
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