Exchange-traded funds, or ETFs, can be a powerful and smart way to pursue above-average income opportunities in the market. The short story is that ETFs provide instant diversification, thus lowering the risk of holding a single high-yield stock that may turn out to be a ticking time bomb later on down the road.
Given the expansive universe of high-yield ETFs in existence at the moment, however, it's not exactly easy to choose the cream of the crop. Our Foolish team of dividend experts, though, think that the iShares Core High Dividend (NYSEMKT:HDV), the Vanguard REIT ETF (NYSEMKT:VNQ), and the SPDR S&P International Dividend ETF (NYSEMKT:DWX) could all boost your portfolio's earnings power to the next level. Here's why.
Source: Motley Fool
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Why no VYM?
Or SCHD?