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Dividend Vision

Yield Filter

8% to 10% Yield Dividend ETFs in 2026

85 ETFs with distribution yields between 8% to 10%.

Data updated June 2026

ETFs listed85
Avg yield8.84%
Avg expense ratio0.69%

Who this page is for

Best for

  • Income-focused investors comfortable with covered-call and credit-strategy funds
  • Distributions used to fund recurring expenses, not reinvested for growth
  • Investors who actively monitor distribution sustainability

Not a fit for

  • Total-return-first investors — many funds in this range cap upside
  • Tax-sensitive taxable accounts where return-of-capital complicates reporting
  • Beginners who do not yet understand options-overlay or leveraged strategies

Risks specific to this yield range

  • Covered-call ETFs cap upside — they underperform the underlying index in strong rallies.
  • Distribution sustainability varies; some funds fund payouts partly from return of capital, eroding NAV over time.
  • Active management and option-overlay strategies carry higher expense ratios that compound against total return.

Analysis

The 8–10% yield range draws together a notably eclectic mix of strategies, reflecting the many paths fund managers take to push income beyond what plain equity or investment-grade bond exposure can deliver. Dominant approaches here include options overlay strategies (Overlay Shares, NEOS), cash flow-screened equity funds (Pacer's "Cash Cows" methodology), sector-concentrated plays in communications and cannabis, leveraged ETNs tied to MLPs and single stocks, and international high-yield bond exposure. The issuer landscape is equally diverse, spanning boutique shops like Cambria and REX Shares alongside institutional names like State Street and UBS, suggesting this yield tier is accessible across many distribution philosophies.

Key observations:

  • USEW stands out among the funds shown above for cost efficiency, pairing a near-10% yield with a notably low 0.30% expense ratio, well below the group's 0.69% average.
  • MJ carries the largest AUM among the top 10 here at $251M, while XLCI sits at just $2M, highlighting significant liquidity dispersion within the same yield tier.
  • MLPR's expense ratio is not reported, an important gap given its 1.5× leverage structure and ETN wrapper, which carry distinct counterparty and cost risks.
  • SPAX, a 2× leveraged single-stock ETF targeting SpaceX, achieves its yield with only $5M AUM, signaling a very early-stage, concentrated product.
  • Distribution frequency varies widely — from weekly to annual — meaning investors seeking steady monthly cash flow must screen carefully rather than assume consistency.

Investors should weigh several material risks in this range. NAV erosion is a real concern for leveraged products like MLPR and SPAX, where daily resets and compounding decay can silently reduce principal. Options overlay strategies may cap upside participation in rising markets, as the premium income is generated by selling away some equity appreciation. Sector concentration in funds like MJ (cannabis) and XLCI (communications) introduces idiosyncratic regulatory and revenue risk well beyond broad-market volatility. Finally, return-of-capital distributions — common in MLP and options-income structures — can artificially inflate stated yields without reflecting true economic income.

AI-generated analysis — AI can make mistakes. Verify important information independently. Not investment advice. Learn more

Browse by yield range

Largest funds by AUM

The most popular 8-10% yield ETFs by assets under management.

Distribution frequency breakdown

Monthly62
Quarterly18
Unknown2
Annual2
Weekly1

Top issuers

First Trust10
WisdomTree6
State Street4
iShares4
Global X4
NEOS3
Invesco3
Dimensional3

Strategy breakdown

Common investment strategies and categories in this yield range.

Options 16Dividend 11Covered Call 10International 9S&P500 6Index 5Tax Efficient 4Active 4Fixed Income 4Hedged 3Bonds 3Basket 3

Expense ratio overview

Lowest ER0.03%
Median ER0.60%
Highest ER3.69%

Monthly income on $10K (top 10)

OVS$83/moHERD$83/moUSEW$82/moXLCI$82/moSPAX$82/moNIHI$81/moMJ$81/moMLPR$81/moICPI$80/moKHYB$80/mo

Assumes current yield remains constant. Actual results will vary.

All 85 ETFs

Ticker Name Issuer Yield Expense ratio AUM Frequency
OVSOverlay Shares Small Cap Equity ETFOverlay Shares9.97%0.83%$29MMonthly
HERDPacer Cash Cows Fund of Funds ETFPacer9.92%0.74%$99MQuarterly
USEWCambria US EW ETFCambria9.85%0.30%$187M
XLCICommunication Services Select Sector SPDR Premium Income ETFState Street9.84%0.35%$2MMonthly
SPAXT-Rex 2X Long Spacex Daily Target ETF (SPAX)REX Shares9.82%0.75%$5MQuarterly
NIHINEOS MSCI EAFE High Income ETFNEOS9.71%0.68%$175MMonthly
MJAmplify Alternative Harvest ETFAmplify ETFs9.68%0.78%$251MQuarterly
MLPRETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETNUBS9.66%$11MQuarterly
ICPIiShares 0-1 Year TIPS Bond ETFiShares9.62%$13MMonthly
KHYBKraneShares Asia Pacific High Income Bond ETFKraneShares9.62%0.69%$16MMonthly
TPAYRoundhill S&P 500 Target 10 Managed Distribution ETFRoundhill Investments9.62%0.49%$500,000Monthly
HYGWiShares Trust - iShares High Yield Corporate Bond BuyWrite Strategy ETFiShares9.50%0.69%$108MMonthly
XLBIMaterials Select Sector SPDR Premium Income ETFState Street9.47%0.35%$7MMonthly
OEIOptimized Equity Income ETFCore Alternative Capital9.45%$43MMonthly
GYLDArrow ETF TrustArrowShares9.40%0.75%$34MMonthly
GDTWisdomTree Trust - WisdomTree Efficient TIPS Plus Gold FundWisdomTree9.36%0.20%$11MMonthly
SGDJSprott Junior Gold Miners ETFSprott9.31%0.50%$279MAnnual
XLVIHealth Care Select Sector SPDR Premium Income ETFState Street9.30%0.35%$15MMonthly
QQQHNEOS Nasdaq-100 Hedged Equity Income ETFNEOS9.28%0.68%$375MMonthly
RSPAInvesco S&P 500 Equal Weight Income Advantage ETFInvesco9.24%0.29%$858MMonthly
WTIPWisdomTree Inflation Plus FundWisdomTree9.21%0.65%$22MMonthly
LQDWiShares Trust - iShares Investment Grade Corporate Bond BuyWrite Strategy ETFiShares9.17%0.34%$271MMonthly
MDSTUltimus Managers TrustWestwood9.17%0.80%$266MMonthly
SCHPSchwab U.S. TIPS ETFSchwab9.17%0.03%$15.6BMonthly
DFGPDimensional Global Core Plus Fixed Income ETFDimensional9.12%0.22%$2.6BMonthly
EDGXGlobal X U.S. 500 Income Edge ETFGlobal X9.12%0.50%Weekly
KHPIKensington Hedged Premium Income ETFKensington Asset Management9.12%0.98%$397MMonthly
MVRLETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETNUBS9.09%$13MMonthly
REMiShares Mortgage Real Estate Capped ETFiShares9.09%0.48%$547MQuarterly
IDOGALPS International Sector Dividend Dogs ETFALPS9.08%0.50%$541MQuarterly
DTHWisdomTree International High Dividend FundWisdomTree9.07%0.58%$680MQuarterly
TIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFNorthern Trust9.06%$20MMonthly
ELISDirexion Daily LLY Bear 1X SharesDirexion8.99%1.01%$2MQuarterly
DGCBDimensional Global Credit ETFDimensional8.96%0.20%$1.0BMonthly
LQTIFT Vest Investment Grade & Target Income ETFFirst Trust8.92%0.65%$289MMonthly
FOXYSimplify Currency Strategy ETFSimplify ETFs8.90%0.81%$319MMonthly
HDEFXtrackers MSCI EAFE High Dividend Yield Equity ETFDWS8.90%0.09%$2.2BQuarterly
TEMDTempleton Emerging Markets Debt ETFFranklin Templeton8.89%$50MMonthly
DFEWisdomTree Europe SmallCap Dividend FundWisdomTree8.88%0.58%$166MQuarterly
SWPSWP Growth & Income ETFSWP Investment Management, LLC8.87%0.99%$152MQuarterly
SDIVGlobal X SuperDividend ETFGlobal X8.85%0.58%$1.2BMonthly
ACIIInnovator Index Autocallable InInnovator ETFs8.84%$109MMonthly
AMZAInfraCap MLP ETFInfraCap8.84%2.18%$451MMonthly
FTHIFirst Trust BuyWrite Income ETFFirst Trust8.80%0.75%$2.3BMonthly
DOGGFirst Trust Exchange-Traded Fund IV - FT Cboe Vest DJIA Dogs 10 Target Income ETFFirst Trust8.78%0.75%$75MMonthly
LTTIFT Vest 20+ Year Treasury & Target Income ETFFirst Trust8.77%0.65%$16MMonthly
KWEBKraneShares CSI China Internet ETFKraneShares8.76%0.69%$6.2BAnnual
GPIXGoldman Sachs S&P 500 Core Premium Income ETFGoldman Sachs8.74%0.29%$4.4BMonthly
HEMIHartford Equity Premium Income ETFHartford Funds8.72%0.49%$34MMonthly
SEPIShelton Equity Premium Income ETFShelton Capital Management8.67%0.54%$138MMonthly
WABFWestern Asset Bond ETFWestern Asset8.63%0.35%$16MMonthly
FLBLFranklin Liberty Senior Loan ETFFranklin Templeton8.59%0.45%$846MMonthly
ROBNT-Rex 2X Long HOOD Daily Target ETFREX Shares8.58%1.05%$157M
EFAAInvesco MSCI EAFE Income Advantage ETFInvesco8.57%0.39%$504MMonthly
EUSCWisdomTree Europe Hedged SmallCap Equity FundWisdomTree8.55%0.58%$278MQuarterly
OPPEWisdomTree European Opportunities FundWisdomTree8.55%0.58%$278MQuarterly
NBOSNeuberger Berman ETF TrustNeuberger Berman8.53%0.56%$445MMonthly
LONZPIMCO Senior Loan Active Exchange-Traded FundPIMCO8.52%0.62%$567MMonthly
QYLGGlobal X Nasdaq 100® Covered Call & Growth ETFGlobal X8.49%0.60%$150MMonthly
SCLZSwan Enhanced Dividend Income ETFSwan Capital Management LLC8.49%0.85%$18MMonthly
DFSBDimensional ETF Trust - Dimensional Global Sustainability Fixed Income ETFDimensional8.48%0.24%$701MMonthly
RDVIFT Vest Rising Dividend Achievers Target Income ETFFirst Trust8.48%0.75%$3.3BMonthly
PTACohen & Steers Tax-Advantaged Preferred Securities and Income FundCohen & Steers8.45%Monthly
PFFRVirtus InfraCap REIT Preferred ETFInfraCap8.44%0.45%$117MMonthly
VPLVanguard FTSE Pacific Index Fund ETF SharesVanguard8.41%0.08%$8.1BQuarterly
FGSIFT Vest Growth Strength & Target Income ETFFirst Trust8.39%0.85%$3MMonthly
RDFIRareview Dynamic Fixed Income ETFRareview Capital8.38%3.69%$80MMonthly
FKUFirst Trust United Kingdom AlphaDEX® FundFirst Trust8.34%0.80%$37MQuarterly
JEPIJPMorgan Equity Premium Income ETFJPMorgan8.32%0.35%$44.3BMonthly
PCFIPolen Floating Rate Income ETFPolen Capital8.32%0.49%$9MMonthly
XHYCBondBloxx US High Yield Consumer Cyclicals Sector ETFBondBloxx8.31%0.35%$3MMonthly
TDVIFT Cboe Vest Technology Dividend Target Income ETFFirst Trust8.28%0.75%$493MMonthly
ILSBrookmont Catastrophic Bond ETFBrookmont Capital Management, LLC8.24%1.58%$77MQuarterly
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETFFirst Trust8.21%0.75%$3.4BMonthly
GQINatixis ETF TrustNatixis Funds8.16%0.34%$252MMonthly
PSPInvesco Global Listed Private Equity ETFInvesco8.13%1.06%$262MQuarterly
SDVDFT Vest SMID Rising Dividend Achievers Target Income ETFFirst Trust8.10%0.85%$865MMonthly
CCEFCalamos ETF TrustCalamos Investments8.08%2.74%$32MMonthly
JUCYETF Series Solutions - Aptus Enhanced Yield ETFAptus8.08%0.60%$249MMonthly
SRETGlobal X SuperDividend REIT ETFGlobal X8.08%0.59%$232MMonthly
XLFIFinancial Select Sector SPDR Premium Income ETFState Street8.07%0.35%$6MMonthly
FIAXNicholas Fixed Income Alternative ETFNicholas Wealth Management8.06%1.04%$132MMonthly
HYBINEOS Enhanced Income Credit Select ETFNEOS8.05%0.68%$222MMonthly
BNDSInfrastructure Capital Bond Income ETFInfraCap8.03%0.88%$76MMonthly
AMLPAlerian MLP ETFALPS8.01%0.85%$12.3BQuarterly

Frequently asked questions

What ETFs have a 8-10% dividend yield?

There are currently 85 ETFs with yields in the 8% to 10% range. The highest-yielding include OVS, HERD, USEW, XLCI, SPAX. Yields are based on the trailing distribution rate and may fluctuate.

How much income does $10,000 generate at 8-10% yield?

At the average yield of 8.84% for ETFs in this range, $10,000 would generate approximately $74 per month or $884 per year in dividend income.

Are 8-10% yield ETFs safe?

Higher yields can indicate higher risk. Always evaluate the expense ratio, fund strategy, underlying holdings, and whether the distribution is sustainable. Some high-yield ETFs use options strategies that may have different risk profiles than traditional dividend funds.

What is the cheapest 8-10% yield ETF by expense ratio?

Expense ratios in this yield range vary. The median expense ratio is 0.69%. Lower expense ratios mean more of the distribution goes to investors. Use the table above to sort by expense ratio and find the lowest-cost option.

Which 8-10% yield ETFs pay monthly dividends?

Monthly payers in this range include OVS, XLCI, NIHI. Monthly distributions are popular with income investors who want regular cash flow. See the frequency breakdown above for the full count.

What is the largest 8-10% yield ETF by assets?

JEPI is the largest fund in this range with $44.3B in assets under management. Larger AUM generally means better liquidity and tighter bid-ask spreads.

Related pages

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