Exchange-traded funds (ETFs) are great options for those seeking to generate passive income. Many of these funds hold a portfolio of income-generating investments. Because of that, you don’t have to actively manage your portfolio. You can just sit back and watch the income flow into your brokerage account.
The Schwab U.S. Dividend Equity ETF (SCHD 0.57%), JPMorgan Equity Premium Income ETF (JEPI 0.43%), and Vanguard Real Estate ETF (VNQ -0.07%) are three great ETFs for generating passive income. They pay higher-yielding dividends that have grown over the years.
100 top dividend stocks in one fund
The Schwab U.S. Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index. This index aims to follow the performance of 100 top high-yielding stocks that consistently pay dividends and have stronger financial metrics than their peers….
