There are plenty of dividend ETFs in the market, and it can be worth looking beyond the traditional dividend index funds. Some great exchange-traded funds use instruments like preferred stocks and options strategies to produce excellent income streams for investors, and the following are a great example of each.
To be clear, these are two very different income strategies. So, the best choice for you depends on your investment goals and risk tolerance. But if you’re looking to boost your portfolio’s income-generation capabilities, these two outside-the-box ETFs could be worth a closer look right now.
This post originally appeared at The Motley Fool.