Best Of
Best High-Yield Dividend ETFs in 2026
ETFs offering the highest distribution yields for maximum current income.
Data updated May 2026 · 50 ETFs
Who this page is for
Best for
- Income-focused investors seeking maximum current cash flow
- Portfolios where distributions are spent rather than reinvested
- Investors willing to actively monitor distribution sustainability and NAV trends
Not a fit for
- Conservative long-term investors — many high-yield ETFs have unsustainable distributions
- Investors who need capital appreciation alongside income
- Anyone unwilling to research return-of-capital mechanics and 19a notices
Analysis
This category features option-income ETFs that generate yield primarily through derivatives strategies — most commonly selling covered calls or writing options on a single underlying stock or sector. The top issuers among the 50 funds include Roundhill Investments, GraniteShares, YieldMax, Defiance ETFs, and REX Shares, reflecting a wave of specialized product launches targeting income-hungry investors. Nearly all funds in the top 10 here distribute on a weekly basis, underscoring a competitive push toward high-frequency income payments as a differentiator.
- MAGC (Roundhill MAGC WeeklyPay ETF) posts the highest yield among the funds shown above at 242.38%, though its AUM is not reported, making scale difficult to assess.
- SEMY is the largest fund shown above by AUM at $100M, pairing a 122.94% yield with a 1.07% expense ratio, suggesting it has attracted meaningful investor interest relative to peers here.
- AUM is heavily concentrated at the top, with most funds in the top 10 here holding between $2M and $35M, indicating that many of these products remain in early growth stages.
- The average expense ratio across the category is 1.04%, and the top 10 funds shown cluster tightly between 0.95% and 1.09%, leaving investors with little cost differentiation to act on.
- GraniteShares dominates the top 10 shown, with seven of the ten funds, all carrying identical 1.07% expense ratios and weekly distribution schedules.
Investors should understand that yields in this category are driven by options premiums, which fluctuate with market volatility and can compress sharply in calmer conditions — meaning headline yields are not guaranteed. The single-stock exposure embedded in many of these strategies also concentrates risk considerably. Funds with very low AUM, such as RGYY at $2M, may carry liquidity risks worth monitoring closely.
AI-generated analysis — AI can make mistakes. Verify important information independently. Not investment advice. Learn more
Top picks
Top 3 ETFs by distribution yield.
Yield distribution
Expense ratio distribution
Income projection
Estimated annual, monthly, and weekly income based on the average yield of 91.91% across these 50 ETFs. For illustration only—actual income will vary.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $9,191 | $766 | $177 |
| $25,000 | $22,978 | $1,915 | $442 |
| $50,000 | $45,955 | $3,830 | $884 |
| $100,000 | $91,911 | $7,659 | $1,768 |
Issuer breakdown
Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.
All 50 ETFs
| Ticker | Name | Issuer | Yield | Expense ratio | AUM | Frequency |
|---|---|---|---|---|---|---|
| MAGC | Roundhill MAGC WeeklyPay ETF | Roundhill Investments | 242.38% | 0.95% | — | Weekly |
| SEMY | GraniteShares YieldBOOST Semiconductor ETF | GraniteShares | 122.94% | 1.07% | $100M | Weekly |
| CVNY | YieldMax CVNA Option Income Strategy ETF | YieldMax | 113.66% | 1.09% | $22M | Weekly |
| HIYY | YieldMax HIMS Option Income Strategy ETF | YieldMax | 112.08% | 1.01% | $30M | Weekly |
| SMYY | GraniteShares YieldBOOST SMCI ETF | GraniteShares | 111.69% | 1.07% | $10M | Weekly |
| NUGY | GraniteShares YieldBOOST Gold Miners ETF | GraniteShares | 108.02% | 1.07% | $13M | Weekly |
| COYY | GraniteShares YieldBOOST COIN ETF | GraniteShares | 105.21% | 1.07% | $35M | Weekly |
| HOYY | GraniteShares YieldBOOST HOOD ETF | GraniteShares | 104.98% | 1.07% | $10M | Weekly |
| RGYY | GraniteShares YieldBOOST RGYY ETF | GraniteShares | 103.02% | 1.07% | $2M | Weekly |
| MAAY | GraniteShares YieldBOOST MA ETF | GraniteShares | 102.86% | 1.07% | $3M | Weekly |
| QBY | GraniteShares YieldBOOST QBY ETF | GraniteShares | 100.70% | 1.07% | $1M | Weekly |
| XBTY | GraniteShares YieldBOOST Bitcoin ETF | GraniteShares | 100.14% | 1.15% | $18M | Weekly |
| MTYY | GraniteShares YieldBOOST MSTR ETF | GraniteShares | 99.83% | 1.07% | $3M | Weekly |
| IOYY | GraniteShares YieldBOOST IONQ ETF | GraniteShares | 98.81% | 1.07% | $6M | Weekly |
| MARO | YieldMax MARA Option Income Strategy ETF | YieldMax | 98.00% | 1.00% | $66M | Weekly |
| RTYY | GraniteShares YieldBOOST RIOT ETF | GraniteShares | 97.66% | 1.07% | $4M | Weekly |
| MUYY | GraniteShares YieldBOOST MU ETF | GraniteShares | 97.00% | 1.07% | $2M | Weekly |
| TMYY | GraniteShares YieldBOOST TSM ETF | GraniteShares | 96.17% | 1.07% | $751,796 | Weekly |
| CWY | GraniteShares YieldBOOST CRWV ETF | GraniteShares | 95.91% | 1.07% | $734,901 | Weekly |
| CRY | GraniteShares YieldBOOST CRCL ETF | GraniteShares | 94.41% | 1.07% | $765,233 | Weekly |
| FIAT | YieldMax Fiat Currency Premium Income ETF | YieldMax | 91.44% | 1.05% | $39M | Weekly |
| AMDY | YieldMax AMD Option Income Strategy ETF | YieldMax | 90.00% | 1.00% | $235M | Weekly |
| WNTR | YieldMax Winter Seasonal ETF | YieldMax | 87.26% | 1.00% | $72M | Weekly |
| HOOY | Tidal Trust II YieldMax HOOD Option Income Strategy ETF | YieldMax | 86.24% | 0.99% | $102M | Weekly |
| MST | Defiance MicroStrategy Option Income ETF | Defiance ETFs | 86.00% | 1.31% | $30M | Weekly |
| RDYY | YieldMax RDDT Option Income Strategy ETF | YieldMax | 85.47% | 1.01% | $8M | Weekly |
| BBYY | GraniteShares YieldBOOST BBY ETF | GraniteShares | 85.11% | 1.07% | $997,891 | Weekly |
| MRNY | YieldMax MRNA Option Income Strategy ETF | YieldMax | 84.86% | 1.00% | $87M | Weekly |
| BITO | ProShares Bitcoin Strategy ETF | ProShares | 84.60% | 0.95% | $1.9B | Monthly |
| PLYY | GraniteShares YieldBOOST PLTR ETF | GraniteShares | 83.71% | 1.07% | $5M | Weekly |
| TSYY | GraniteShares YieldBOOST TSLA ETF | GraniteShares | 83.40% | 1.15% | $126M | Weekly |
| HMYY | GraniteShares YieldBOOST HIMS ETF | GraniteShares | 82.50% | 1.07% | $819,038 | Weekly |
| NVYY | GraniteShares YieldBOOST NVDA ETF | GraniteShares | 82.14% | 1.15% | $58M | Weekly |
| LLII | REX LLY Growth & Income ETF | REX Shares | 81.54% | 0.99% | $5M | Weekly |
| BETE | ProShares Bitcoin & Ether Equal Weight Strategy ETF | ProShares | 81.43% | 0.95% | $9M | Monthly |
| SMCY | YieldMax SMCI Option Income Strategy ETF | YieldMax | 78.94% | 1.01% | $106M | Weekly |
| AMYY | GraniteShares YieldBOOST AMD ETF | GraniteShares | 78.11% | 1.07% | $9M | Weekly |
| XEY | GraniteShares YieldBOOST Ether ETF | GraniteShares | 76.28% | 1.07% | $758,765 | Weekly |
| GDXW | Roundhill Gold Miners WeeklyPay ETF | Roundhill Investments | 75.90% | 0.99% | $81M | Weekly |
| CONY | YieldMax COIN Option Income Strategy ETF | YieldMax | 75.87% | 1.04% | $397M | Weekly |
| MAGS | Roundhill MAGS WeeklyPay ETF | Roundhill Investments | 75.63% | 0.30% | $4.7B | Weekly |
| MSTY | YieldMax MSTR Option Income Strategy ETF | YieldMax | 75.34% | 1.03% | $1.2B | Weekly |
| XYZY | YieldMax XYZ Option Income Strategy ETF | YieldMax | 74.90% | 1.36% | $39M | Weekly |
| SLVO | Credit Suisse X-Links Silver Shares Covered Call ETN | Credit Suisse | 74.46% | 0.65% | $360M | Monthly |
| COIW | Roundhill COIN WeeklyPay ETF | Roundhill Investments | 74.29% | 0.99% | $38M | Weekly |
| ETCO | Grayscale Ethereum Trust ETF | Grayscale Investments | 73.01% | 0.66% | $4M | Biweekly |
| AIYY | YieldMax AI Option Income Strategy ETF | YieldMax | 72.64% | 0.99% | $25M | Weekly |
| ZVOL | Volatility Shares ZVOL ETF | Volatility Shares | 70.56% | 1.45% | $13M | Monthly |
| ULTI | REX IncomeMax Option Strategy ETF | REX Shares | 69.76% | 1.32% | $29M | Weekly |
| HOOW | Roundhill HOOD WeeklyPay ETF | Roundhill Investments | 68.68% | 0.99% | $113M | Weekly |
Frequently asked questions
What are the best high-yield dividend ETFs?
This page lists the top 50 ETFs in this category ranked by key metrics. The list includes funds from issuers like Roundhill Investments, GraniteShares, YieldMax and more.
How often is this list updated?
The data on this page is refreshed regularly using the latest available distribution rates, expense ratios, and AUM figures. Last updated May 2026.
What is the average yield of these ETFs?
The average distribution yield across the 50 ETFs on this list is 91.91%. Individual yields range from 68.68% to 242.38%.
Are high-yield ETFs risky?
Generally, yes. Yields above 10-15% typically involve strategies with elevated risk: leveraged positions, options on volatile single stocks, or lower-credit fixed income. The higher the yield, the more important it is to understand how that income is generated.
What is return of capital (ROC)?
ROC means the fund is returning your own invested money back to you as a "distribution." While it's tax-deferred, it reduces your cost basis and can erode your investment over time. Check a fund's 19a notices to see how much of each distribution is ROC.
How do I evaluate whether a high yield is sustainable?
Compare the distribution rate against the fund's actual portfolio income (SEC yield or earnings yield). If the distribution far exceeds what the underlying assets generate, the fund may be paying out principal. Also watch NAV trends—a steadily declining NAV is a red flag.
Explore more
Go deeper
Use the ETF Screener to filter, sort, and compare any dividend ETF.