3 top etf I can’t wait to buy in July to increase my passive income

  • Schwab US Dividend Equity ETF invests in 100 best high-yield shares.

  • JPMorgan Nasdaq Equity Premium Income ETF generates profitable income by writing call options.

  • The ETF ETF High Lields SPDR provides a wide exposure to high -end American junk.

  • 10 shares we like better than Schwab US Dividend Equity Etf ›

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My best financial goal is to increase my passive income to the point where it will cover my basic costs of life. This will give me the freedom to worry about paying for the bills.

One aspect of my strategy is to invest in stock -traded funds (ETFS) with income -focused strategies. I Try Add to my Item every month To enhance my passive income of these means. Three best ETF that I can’t wait to buy this July to increase my passive income are Schwab US Dividend Equity Etf (NYSEMKT: SCHD)., JPMORGAN NASDAQ Own Capital Premium Income ETF (Nasdaq: Jepq)and SPDR portfolio with high yield ETF (NYSEMKT: SPHY)S That is why they are some of my favorite ETFs to buy for income.

Image source: Getty Images.

Thehe Schwab US Dividend Equity Etf tracks index consisting Of the 100 best dividend payment companies reviewed for the quality and stability of their dividends. These companies have higher dividends, a healthy five-year dividend growth rate and stronger financial profiles than their peers.

ETF restores its participation annually, replacing with lower quality dividends with even higher quality. At his last balance in March, his average holding had a 3.8% dividend yield and increased his payment by an 8.4% annual course in the last five years.

This combination of yield and growth is ideal for my passive income strategy. The fund will provide me with more income than options with lower yields. In the meantime, the flow of income must constantly increase, as the fund’s possessions increase their payments with dividends:

SCHD dividend diagram
SCHD dividend data from YCharts

Thehe JPMORGAN NASDAQ Equity Premium ETF There is a double term. It aims to provide investors with permanent monthly income and exposure to NASDAQ-100 Index With less variability.

ETF generates income by writing (short) beyond the money Call options -Sign over the market price-the NASDAQ-100 Index. As an options writer, the fund receives the premium or value of the option. He distributes the income he earns from investors’ writing options every month. This income flow can be very lucrative:

A diagram showing the yield of JEPQ compared to other asset classes.
Image source: JPMorgan assets management.

As this chart shows, the last monthly payment of the fund has made its yield over 12%. Meanwhile, his payments in the last year have given him more than 10%. This is much higher than the income of income of other asset classes including us High -yield bondsS

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