The end goal of most dividend exchange-traded fund (ETF) investors is to generate a steady stream of income through regular dividend payouts. Moreover, these ETFs are great for compounding your wealth over decades and eventually outperforming the broader market by a wide margin.
That said, you don’t think about hot stocks that are outperforming the market when you hear about an income stock or a dividend stock ETF. The conventional wisdom is that these stocks are supposed to be boring and underperform the market.
However, this perception couldn’t be further from the truth when it comes to certain under-the-radar dividend ETFs. There are still ETFs that have paid solid dividend yields and outperformed the benchmark S&P 500 index at the same time. Here are three to look into.
This post originally appeared at 24/7 Wall St.