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Published on 27 May 2024 on Motley Fool via Yahoo Finance

2 High-Yield Dividend ETFs to Buy to Generate Passive Income


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Exchange-traded funds (ETFs) make it super easy to be a passive investor. They offer instant, built-in diversification, meaning you don't need to actively construct and manage a portfolio.

These characteristics make ETFs ideal for those seeking to generate passive income. Two great dividend ETFs for passive income are JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) and Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). The ETFs offer high-yielding dividends, making them ideal for passive income production.

A premium income stream

NYSE.SCHD price evolution
NYSE.JEPI price evolution

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