QYLD vs RYLD vs XYLD: Which is the Best Dividend ETF?

Описание: For investors who are looking for sky high dividend distributions on a consistent basis, the covered call ETF is one of the best investment vehicles out there for several reasons. They all pay dividends on a monthly basis as opposed to quarterly, they’re diversified in that they hold a basket of stocks in an index and over time they have always paid a dividend amount between a specific range despite all the volatility going on in the stock market right now.

And while these funds are great for income, they’re not for everybody since over the long term these funds typically don’t provide share price appreciation if that happens to be what you’re looking for. However reinvesting your dividends into buying more shares of your covered call ETFs will help create a snowball effect in terms of acquiring more and more shares. As I’ve discussed on this channel before, I believe covered call ETFs are a solid choice for people motivated by massive dividends, or people who want to live off of dividends with a lot less money than your typical S&P dividend stock.

The company behind the most well known covered call ETFs and who’ve made them as popular as they’ve become, is Global X which is a New York-based provider of exchange-traded funds with approximately $41 billion dollars in assets under management. The company provides a whole bunch of other income related ETFs, specifically for preferred stocks, utility companies and real estate investment trust. But it’s their covered call ETFs that are among their most popular and in fact recently they’ve been introducing more covered call funds.

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