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Invesco Preferred ETF (PGX $11.25)
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Invesco S&P 500 High Dividend Low Volatility ETF (SPHD $48.57)
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Global X SuperDividend ETF (SDIV $23.54)
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Global X SuperDividend U.S. ETF (DIV $17.91)
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Global X S&P 500 Covered Call ETF (XYLD $39.10)
Q: Subject: Follow-Up on Monthly Dividend ETF Recommendations
Hi 5i team,
Thank you for your thoughtful response to my question regarding safer monthly income alternatives to Whitecap Resources. I understand the appeal of Canadian ETFs, especially in registered accounts where avoiding the 15% U.S. withholding tax is beneficial.
That said, I was wondering are there any U.S.-listed ETFs that you would feel comfortable recommending which offer monthly dividends, strong diversification, and a yield comparable to or better than Whitecap’s, while maintaining a reasonable level of safety and consistency?
I’d be open to covered call or enhanced income strategies as long as the risk profile isn’t excessive. Would appreciate your perspective on whether there are any U.S. options worth considering despite the tax implication.
Thanks again,
Hi 5i team,
Thank you for your thoughtful response to my question regarding safer monthly income alternatives to Whitecap Resources. I understand the appeal of Canadian ETFs, especially in registered accounts where avoiding the 15% U.S. withholding tax is beneficial.
That said, I was wondering are there any U.S.-listed ETFs that you would feel comfortable recommending which offer monthly dividends, strong diversification, and a yield comparable to or better than Whitecap’s, while maintaining a reasonable level of safety and consistency?
I’d be open to covered call or enhanced income strategies as long as the risk profile isn’t excessive. Would appreciate your perspective on whether there are any U.S. options worth considering despite the tax implication.
Thanks again,