Hello, I would like to ask everyone's opinions on US ETFs with high dividend yields, dividend seems 8-9% dividend sounds too good to be true?

They are usually used for income plays. The capital is decaying but offset by the income stream.

As for the 30% WHT on dividends, I consider it part of the cost of investing. If it was capital gains, then it is a different story.

There are a couple of good paying tickers, even after the 30% WHT. As compared to the yields for SG stocks/REITs.

And of course, can see the USD accumulating in the bank account (cheap thrill) 😂

Nothing fishy out there, is just a covered call ETF for $SPY~

While XYLD will still grow with the Index, but may be not as fast, and the divided is not reinvested~ also take note of the 30% dividend tax

The crazy bull market is the reason of the high divided this year, even if you buy the actual spy, your return is higher than that overall~

So, still don’t recommend you buy this due to the 30% tax, not worth at all for singaporean

After all, i dont see much benefit from this etf, when the index rise, the XYLD earning is not as much as the index, but when index fall, it will fall together too, the premium collected does not help much with the volatility~ you may look at QYLD for example, it covered call on nasdaq